Three bounce plays for tomorrow.
INSU 16.52
NCST 2.90
MVBY 1.48 otcbb that's Russell's baby
The pundits are calling for a continuation of today's diving action. Overnight Asian markets dumped more than 2%. Abandon ship or at least tighten stops. Buying QID is the only safe long play.
Tuesday, July 31, 2007
Monday, July 30, 2007
Plays for July 30
Ten bounce plays on tap. No surprise after the down drafts last week. The markets are due for a bounce, if there are anymore dip buyers left standing that is. A simple decision maker is go with whatever is green.
AKAM 36.71
GT 27
BID 43.15 no news
NWA 18.99
CENX 52.77
CBT 39.25
AEA 14.87
DAR 7.82
ANO 2.51
GPK 4.52
AKAM 36.71
GT 27
BID 43.15 no news
NWA 18.99
CENX 52.77
CBT 39.25
AEA 14.87
DAR 7.82
ANO 2.51
GPK 4.52
Thursday, July 26, 2007
Plays for July 27
How bout eight, yes that's right 8 bounce plays.
JOYG 48.42
LEA 32.85
HOKU 8.90
PCR 55.90 no news for drop
JAKK 24.25
NCST 3.51
CYD 9.83
AKNS 4.45 otcbb
Now to decide where to place your bets.
JOYG 48.42
LEA 32.85
HOKU 8.90
PCR 55.90 no news for drop
JAKK 24.25
NCST 3.51
CYD 9.83
AKNS 4.45 otcbb
Now to decide where to place your bets.
Plays for July 26
Five longs on tap.
ICO 4.21
SPPI 3.96
SNCR 32.71
HSKA 2.11
AKNS 4.88 otcbb
Recap:
FMT -3%
BWTR +0.8%
NPLA -2.4%
GLDD +3.6%
TMY even
ICO 4.21
SPPI 3.96
SNCR 32.71
HSKA 2.11
AKNS 4.88 otcbb
Recap:
FMT -3%
BWTR +0.8%
NPLA -2.4%
GLDD +3.6%
TMY even
Wednesday, July 25, 2007
Plays for July 25
Four longs and one short.
Longs:
FMT 7.65
BWTR 10.88 this imho is the most likely to work
NPLA 2.22
GLDD 7.79
Short TMY 2.01
Entered trigger to buy BWTR at 11.01 with a stop 10.80
Longs:
FMT 7.65
BWTR 10.88 this imho is the most likely to work
NPLA 2.22
GLDD 7.79
Short TMY 2.01
Entered trigger to buy BWTR at 11.01 with a stop 10.80
Monday, July 23, 2007
Sunday, July 22, 2007
Thursday, July 19, 2007
Plays for July 20
One long and one short for tomorrow.
Long TAM 30.56
Short BNVI 3.81
Recap:
JADE -3%
BCON +26%
NWBO +1%
UVSE +9%
The filter kicked butt today.
Long TAM 30.56
Short BNVI 3.81
Recap:
JADE -3%
BCON +26%
NWBO +1%
UVSE +9%
The filter kicked butt today.
Tuesday, July 17, 2007
Plays for July 18
Four longs on tap.
THK 2.63
REDF 21.52
CHCG 7.05 otcbb
NWBO 3.59 otcbb
Recap:
KDKN +12.3%
TMY -10.2% short
The filter rocked today, two for two, both double digit gains.
Chasing momo:
FCSX in 63.50 still holding with a stop at 63 as it appears to have broken out on the daily chart.
DJO in 53.48 out 51.84 bought at the top and it plunged immediately, crap
ESMC in 6.90 out 7.88 executed well
then tried it again in 8.50 out 8.34 got in late, awful trade
KLAC in 59.32 still holding, broke out on good news but in AH INTC announced cutting capex, looks like KLAC will get dumped at the open. I'm think about putting a sell order to bail at the open, no telling how far it's going down. Talk about reversal of fortune, sheesh.
PCU in 111.68 out 111.55
LSI in 8.36 out 8.25
THK 2.63
REDF 21.52
CHCG 7.05 otcbb
NWBO 3.59 otcbb
Recap:
KDKN +12.3%
TMY -10.2% short
The filter rocked today, two for two, both double digit gains.
Chasing momo:
FCSX in 63.50 still holding with a stop at 63 as it appears to have broken out on the daily chart.
DJO in 53.48 out 51.84 bought at the top and it plunged immediately, crap
ESMC in 6.90 out 7.88 executed well
then tried it again in 8.50 out 8.34 got in late, awful trade
KLAC in 59.32 still holding, broke out on good news but in AH INTC announced cutting capex, looks like KLAC will get dumped at the open. I'm think about putting a sell order to bail at the open, no telling how far it's going down. Talk about reversal of fortune, sheesh.
PCU in 111.68 out 111.55
LSI in 8.36 out 8.25
Monday, July 16, 2007
Friday, July 13, 2007
July 13
No bounce plays.
Recap:
NFI +1%
SYNL dead even
NWBO +21.4%
ACUR +33.6%
FONR -8.7% short
That's 4 for 4 with 1 draw. If you could play the pinkies, wow.
Chasing momo:
MMR in 16.16 out 16.19
WIRE in 30.91 out 30.76
NT in 23.82 out 23.73
GROW in 24 out 23.98
AVA in 22.14 out 22.02
Didn't have a single profitable trade, really stinks.
Recap:
NFI +1%
SYNL dead even
NWBO +21.4%
ACUR +33.6%
FONR -8.7% short
That's 4 for 4 with 1 draw. If you could play the pinkies, wow.
Chasing momo:
MMR in 16.16 out 16.19
WIRE in 30.91 out 30.76
NT in 23.82 out 23.73
GROW in 24 out 23.98
AVA in 22.14 out 22.02
Didn't have a single profitable trade, really stinks.
Thursday, July 12, 2007
Plays for July12
Four longs and one short on tap.
Long NFI 7.58
Long SYNL 30.50
Long NWBO 4.20 otcbb
Long ACUR 1.31 otcbb
Short FONR 8.14
Recap:
BTJ +2.3% didn't get fill when it gapped up open at 49.30
OCTL -8.7% never did go green
Chasing momo:
TZOO in 28.76 out 28.50 too tight a stop, reversed immediately, aarrgghhh
FMD in 40.36 out 40.00 then tried it again in 40.80 out 40.76
really felt like throwing in the towel today
Long NFI 7.58
Long SYNL 30.50
Long NWBO 4.20 otcbb
Long ACUR 1.31 otcbb
Short FONR 8.14
Recap:
BTJ +2.3% didn't get fill when it gapped up open at 49.30
OCTL -8.7% never did go green
Chasing momo:
TZOO in 28.76 out 28.50 too tight a stop, reversed immediately, aarrgghhh
FMD in 40.36 out 40.00 then tried it again in 40.80 out 40.76
really felt like throwing in the towel today
Tuesday, July 10, 2007
Plays for July 11
Two longs on tap.
BTJ 48.79 this high growth IBD stock had two days of profit taking
OCTL 1.72 otcbb
I've entered a Trade trigger to buy BTJ when it's at 49.01 with a stop trigger 48.01
Recap:
WWAT +12% does the bounce filter work or what
BTJ 48.79 this high growth IBD stock had two days of profit taking
OCTL 1.72 otcbb
I've entered a Trade trigger to buy BTJ when it's at 49.01 with a stop trigger 48.01
Recap:
WWAT +12% does the bounce filter work or what
Monday, July 9, 2007
Plays for July 10
One long for tomorrow.
WWAT 1.55 octbb
Chasing momo:
FFHL in 8.30 out 8.04 got caught in a hard first pullback
TASR in 14.45 out 15.17 entry was good but stop was too tight, finished at 17.20
JNJ in 63.25 out 63.05 shared buy back news got sold off
IVN in 16.93 out 16.91
DOW in 46.77 out 46.88 the move didn't stick
COP in 82.72 still holding, share buyback news broke out to all time high in a strong sector so holding for a swing trade.
Sold CAL at 37.90
GROW still holding with a stop at break even.
Watchlist:
SIMO broke out on healthy volume, look for continuation
WWAT 1.55 octbb
Chasing momo:
FFHL in 8.30 out 8.04 got caught in a hard first pullback
TASR in 14.45 out 15.17 entry was good but stop was too tight, finished at 17.20
JNJ in 63.25 out 63.05 shared buy back news got sold off
IVN in 16.93 out 16.91
DOW in 46.77 out 46.88 the move didn't stick
COP in 82.72 still holding, share buyback news broke out to all time high in a strong sector so holding for a swing trade.
Sold CAL at 37.90
GROW still holding with a stop at break even.
Watchlist:
SIMO broke out on healthy volume, look for continuation
July 9
No bounce plays as the filter came up empty both ways.
Recap:
FFHL -3.8% so far history is repeating itself as in the third week of June when it peaked at 8.47 it when down the following day finishing down 23% in three days. Thursday's high was 8.48 and it was down Friday, so look for sell off to continue.
CPSL -2.8%
Chasing momo:
Disastrous day again, will try to detail later as I'm very tired.
Did manage to get in GROW at 23.42
Recap:
FFHL -3.8% so far history is repeating itself as in the third week of June when it peaked at 8.47 it when down the following day finishing down 23% in three days. Thursday's high was 8.48 and it was down Friday, so look for sell off to continue.
CPSL -2.8%
Chasing momo:
Disastrous day again, will try to detail later as I'm very tired.
Did manage to get in GROW at 23.42
Thursday, July 5, 2007
Plays for July 6
Two shorts on tap.
CPSL 4.22
FFHL 8.07
Trade trigger to sell short 1000 FFHL if and when it trades at 8.00 limit, with buy cover trigger at 8.20 market.
Chasing momo:
LOCM in 9.95 out 9.20 ouch
FCSX in 57.77 out 57.26
CPSL in 4.24 out 4.06 crap
SONO in 35.40 out 35.42
KYPH in 51.92 out 52.55
LLNW in 21.44 out 21.08
DGX in 54.31 out 54.11
LOCM in 11.45 out 11.21
Dropped $641 before commish today, many of the trades went back up after stopping me out, what a frustrating day.
CPSL 4.22
FFHL 8.07
Trade trigger to sell short 1000 FFHL if and when it trades at 8.00 limit, with buy cover trigger at 8.20 market.
Chasing momo:
LOCM in 9.95 out 9.20 ouch
FCSX in 57.77 out 57.26
CPSL in 4.24 out 4.06 crap
SONO in 35.40 out 35.42
KYPH in 51.92 out 52.55
LLNW in 21.44 out 21.08
DGX in 54.31 out 54.11
LOCM in 11.45 out 11.21
Dropped $641 before commish today, many of the trades went back up after stopping me out, what a frustrating day.
July 5
All bounce play filters came up empty for tomorrow.
Recap:
PKTR +6.3%
GMO -0.3% short
Chasing momo:
LOCM in 9.10 out 9.05 setting a breakeven stop would've been the wise thing to do, lucky I didn't lose me ass on this trade as I was down quite a bit before it came back
LLNW in 20.26 out 19.70 head fake, should've bailed a little earlier
HOKU in 10.84 out 10.81 bailed out at the right time
My short on CAL got stopped out at 35.50 the market was moving so fast past my trigger at 35.07, illustrates why stop orders should always be market orders because a stop limit most likely would never have been filled and I'd be in a world of pain.
When I saw how fast it was moving, I switched sides and went long at 35.79
Recap:
PKTR +6.3%
GMO -0.3% short
Chasing momo:
LOCM in 9.10 out 9.05 setting a breakeven stop would've been the wise thing to do, lucky I didn't lose me ass on this trade as I was down quite a bit before it came back
LLNW in 20.26 out 19.70 head fake, should've bailed a little earlier
HOKU in 10.84 out 10.81 bailed out at the right time
My short on CAL got stopped out at 35.50 the market was moving so fast past my trigger at 35.07, illustrates why stop orders should always be market orders because a stop limit most likely would never have been filled and I'd be in a world of pain.
When I saw how fast it was moving, I switched sides and went long at 35.79
Tuesday, July 3, 2007
Plays for July 3
One long and one short.
Long PKTR 7.35
Short GMO 6.93
Recap:
NFI -.3%
CRYO -15.6% short
VSGN -0.4 short
Chasing momo:
IOC in 23.45 out 24.01 300 shares
RPM in 24.01 out 23.76 300 shares, caught in a head fake
LOCM in in 11.10 out 10.46 800 shares ouch, if I didn't have to leave for work I would have used a trailing stop trigger and got out at 11.50 for a profit.
Long PKTR 7.35
Short GMO 6.93
Recap:
NFI -.3%
CRYO -15.6% short
VSGN -0.4 short
Chasing momo:
IOC in 23.45 out 24.01 300 shares
RPM in 24.01 out 23.76 300 shares, caught in a head fake
LOCM in in 11.10 out 10.46 800 shares ouch, if I didn't have to leave for work I would have used a trailing stop trigger and got out at 11.50 for a profit.
Sunday, July 1, 2007
Plays for July 2
One long and two short for tomorrow.
Long NFI 6.98
Short CYRO 5.63
Short VSGN 2.69
Recap:
IMH +5% went positive the in the last 15 minutes
IOC -23% looking for the bounce on Monday
CBAK -11%
VRNM -15%
XNL -8%
Chasing momo:
Shorted IOC 19.19 covered 18.66 with 350 shares
LOCM in 5.60 out 6.42 with 1500 shares, then went to the well a second time 1000 shares at 6.35 and it reversed immediately and I bailed at 6.07, ended up at 6.92
The big move was from news of a patent award for local search which means the company could earn large sums enforcing the patent or a bigger rival will buy them out. In either case the stock should go much higher.
TZOO in 27.29 out 27.05 with 300 shares, move was a head fake
Net for the week was +559
Long NFI 6.98
Short CYRO 5.63
Short VSGN 2.69
Recap:
IMH +5% went positive the in the last 15 minutes
IOC -23% looking for the bounce on Monday
CBAK -11%
VRNM -15%
XNL -8%
Chasing momo:
Shorted IOC 19.19 covered 18.66 with 350 shares
LOCM in 5.60 out 6.42 with 1500 shares, then went to the well a second time 1000 shares at 6.35 and it reversed immediately and I bailed at 6.07, ended up at 6.92
The big move was from news of a patent award for local search which means the company could earn large sums enforcing the patent or a bigger rival will buy them out. In either case the stock should go much higher.
TZOO in 27.29 out 27.05 with 300 shares, move was a head fake
Net for the week was +559
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