Thursday, August 16, 2007

Plays for Aug. 17

Fourteen longs for tomorrow. Strange that 7 out of 11 are mining companies (non otc)

Longs:
TGB 3.76
ACH 37.05
AGU 36.6
IAG 6.92
SA 25.35
LMC 9.88
TBSI 27.71
NAK 9.83
CBD 27.5
EXM 29.5
MEA 6.34
WWAT 1.27 otcbb
CHCG 5.6 otcbb
IMGR 1.05 otcbb

4 comments:

Anonymous said...

do you actually executed(long or short) those stocks that you posted? sometime it is too much to follow, how do you pick them?

slotmonkey said...

Yes, I've posted my actual trade entries and stops in the past.
When the filter kicks out large number of picks like it has lately, I don't know which ones to put my money on either. There's nothing wrong with waiting until the market settles down and the filter gives you the normal one or two a day.

Anonymous said...

What I do when I have a large number of filter hits is rank them in order of ADR(10)largest to least and watch for green starting with the largest ADR(10).

I feel it gives me the best risk/reward advantage.

slotmonkey said...

Thanks, Muddy, for sharing another one of your gems.