Plays for May 1

One long for tomorrow.

WFR 54.88 at support level of mid-March

Today's plays: AFFX did not fire, NNRF +15%


After observing the Ameritrade Motion Detector last week, I tried my hand today at three momo plays from Detector.
Bought NXXI 2.01 got as high as 2.10 and ended at 1.96 so I'm down some. It was a breakout on the daily so I'm hoping it'll continue higher.
Bought GROW 26.95 and got stopped out at 28.04 for +1.09 that's the way it's suppose to work.
Bought CHAP 70.99 , got as high as 73.22, close at 70.55. Down a little.

Plays for April 30

One long and one short for Monday.

Long AFFX 26.70 sold off from missing earnings , probably won't bounce but you never know

NNRF 5.25 otcbb may be a case of pump and dump, so dumping may continue
correction this was actually a long play not short as originally posted.


Recap of Friday:
DSTI +9.9%
INSW -1.3%
MDII +13.6%
TFSM -3.1% (short)

That's 3 for 4 . Would of been great if I had played them but I was so disgusted with myself for forgetting to put in a stop on MDII resulting in a drawdown of $1900, I stayed on the sidelines while trying to get my head straighten out. If MDII continues Monday, I'll be out of the woods.

Plays for April 27

Three longs and one short.

Long AVNR 3.24

DSTI 4.23

INSW 6.70


Short TFSM 10.52

Plays for April 26

Three longs on tap.

AVNR 3.49

MDII 1.88 again

UCTT 15.18

Plays for April 25

Three longs on tap.

PCSV 2.20 otcbb

MDII 2.01

EPCT 3.05

Trigger entered to buy 4000 MDII when it trades at or above 2.03

Trigger entered to buy 2500 EPCT when it trades at or above 3.04

Today IVAN +1.8% it could still run so keep it on watchlist

Plays for April 24

One long on tap.

Long IVAN 2.22

Plays for April 23

Two long and one short for Monday.

Long AVCI 9.06 the news was awful and I doubt it'll bounce but that's what the filter kicked out

Long SOEN 1.45 otcbb

Short PFSW 1.05

Watchlist:
BTJ 35.59 just completed a reversal pattern


Friday's recap: OSCI gapped up to open at 6.07 negating any trading opportunity, finish +4.3%
AVNR +12.8% , AVCI red all day , SMSI continued down -1%

Plays for April 20

One bounce play for tomorrow.

OSCI 5.85 plunged on news of increasing the amount of it's senior note offering which I haven't a clue how it relates to it's shares, but obviously a big negative impact. Prior to that news the stock was going straight up the past month. Best to wait for green.

Watchlist:
AVNR 3.90

AVCI 9.65

SMSI 16.36 these may or may not bounce , wait for green

Today's recap: the first two never showed green and continued down, the otcbb one EXEG went up 7%

Plays for April 19

Three longs on tap.

EGR 2.38

PGLA 6.16

EXEG 4.20 it's otcbb

Plays for April 16

No bounce plays for tomorrow.

Watchlist:
AMGN may have seen the lows and is starting to reverse

Plays for April 13

One of each for tomorrow.

Long BLTI 7.56

Short CBRX 1.80

Today, ACEL had a big reversal to the upside midday and I got caught without a stop, I was so sure it was going to stay down I didn't put in a stop and took a big hit. Ameritrade won't allow a Trade trigger buy to cover, which is what I was going to use as a stop order, and at the same time have a market on close order. Lesson learned here is, it's better to have a stop order to limit losses and dispense with the market on close. Without the market on close order, I can always sell at the open next day. These lessons are getting expensive. Hope I don't take any more of them.

MNST shot up around midday and ended up over 5% , putting me in the green finally. Still the stupidest trade I made this year.

Still in ACEL and it's down over 5% at the moment. Yesterday I had entered a market on close order about 10 minutes before the close but the order did not activate because market on close orders must be entered at least 20 minutes prior to close. If it had activated, I would have lost money on it yesterday, maybe my stinking luck is changing. I've got a market on close order for today, since I have to leave soon and may not be back before the close.

UXG gapped down at the open passed my trigger. Since it doesn't look like it's moving much I'm going to cancel the order.

Plays for April 12

One short play on tap.

UXG 5.88

Trigger to sell short 1200 when is trades at or below 5.84

Smokin start

The reverse bounce screen is off to a smokin start. But I was only able to get in ACEL @ 2.14. TGEN shares are not available to short and MEMY and THLD was moving so fast my limit orders didn't get filled, illustrating some of the problems with playing the short side. Some players don't even bother shorting because executing the trade can be impossible at times.
Here's the list of problems that I've encounter trying to short:
1. There are no shares available for shorting, that's the biggie.
2. The uptick rule
3. Can not short otcbb stocks because they're not maringable.

Plays for April 11

Four short on tap for tomorrow.

MEMY 2.76

TGEN 4.74

THLD 1.95

ACEL 2.14

Plays for April 10

There actually was a short play for today but I was too tired yesterday to post it, tired from a 6 hour job that had a lot of waterclaw work.

Short PCYC 3.68 and it's down over 7% at the moment.

Plays for April 9

Two shorts on tap for tomorrow.

Short ENCY 3.76 after going up over 33% the last 4 trading days, it's showing a Bearish spinning top pattern, buying may be losing steam and correction is likely

Short BTH 25.74 up 20% just in the last two trading sessions, near last Nov. 20 pivot area around 26

Entered Trigger to sell short 2000 ENCY when it trades at or below 3.69
Entered Trigger to sell short 300 BTH when it trades at or below 25.60


Here I am, playing a system based on a large drop two consecutive days , and I go and buy MNST the first day , what the hell was I thinking?

No bounce plays for tomorrow.

In today's action GROW did an about face plant and ended down 5.9% after reaching a high of 34.95, very strange reversal.

Watchlist:
CTV break out level is 44

CPNLQ breakout level 2.20

SNDK has formed a small triangle here

Just bought MNST at 42.20 , company lowered revenue guidance for this qtr by 1% and stock drops over 13%, big over reaction.

I wanted to catch the bounce on JKX but it openned gapped up at 29.10 and didn't want to chase it.

Wanted to short BAMM after the big move yesterday but decided against it because it's a low volume stock.

Plays for Apr. 4

One long and one short play on tap.

Long NPLA 1.10 low volume type

Short GROW 31.87


Today's two short plays had no shares available.

Plays for Apr. 3

Two shorts on tap.

AVII 2.93

AGEN 2.42

I've entered Trigger to sell short 2000 AVII when it trades at 2.89 or lower.
Trigger to sell short 3000 AGEN when it trades at 2.40 or lower.

Plays for Apr. 2

Three longs for Monday, all otcbb.

BVSN 2.69

RPTN 1.28

CSUH 1.23