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

4 comments:

AnotherBrian said...

What does momo mean? Is it momentum?

Anonymous said...

nice work...really like your picks...

...i wish i could trade all day...

oh well...

slotmonkey said...

another brian,
Yes momentum, in this case extreme momentum. Take a look at FMD today when it shot up from 38 to 40.5 in a matter of minutes. TDAmeritrade has a utility call Motion Detector that identifies stocks moving fast, accelerating in momentum. Check out http://greenonthescreen.blogspot.com/ , and see the action in a realtime chatroom where the talented traders are minting money daily.


Mike,
Thanks, but the bounce picks all came from your filters, so thanks goes to you again.
I'm not always able to trade the entire day, only when I don't have any jobs in the morning. I can always get in the first couple of hours before I have to leave if I have to work in the morning.

Why did you only pick SYNL and not also NFI and NWBO? All three were outputed by the filter.

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