Plays for Mar. 29

One play for today.

Short SOIGF 2.29 this is an otcbb


Yesterday was a disaster.

Entered Trigger to buy 300 RATE when it is at 33.01 or higher, trigger stop at 32.67
Entered trigger to sell short 300 RATE when it is at 32.89 or lower, trigger stop at 33.22

Entered trigger to sell short 5000 ROHI when it is at 1.98 or lower, stop trigger at 2.01
Entered trigger to buy 5000 ROHI when it is at2.03 or higher, stop trigger at 1.98

Entered trigger to sell short 2500 MECA when it is at 3.75 or lower, stop 3.79

Entered trigger to sell stop SPC at 6.00

DNDN had no shares available for selling short

Plays for Mar. 28

Two longs and two shorts for tomorrow.

Long RATE 32.94 dropped 15% the last 3 days, fundamentally I thinks it's going down some more, but the screen says it's due for a quick bounce.

Long ABAT 1.40 this is otcbb, may want to skip it since we got 3 other plays on tap.

Short ROHI 2.00 up 42% last 3 days, no news that I could find, due for a reversal

Short MECA 3.78 up 17% last 3 days, no news, due for a correction


Covered JDO at 2.05 which turned out to be a little early, but as the Quickhit artist reminded me when you have a grand in profit in one day, ringing the register should be the automatic action, he also reminded me to just think how many dirty rugs I have to clean to make a grand drilled home the point.

SPC trade is still open, will enter stop to not lose any.

Plays for Mar. 27

No official bounce plays but DNDN did qualify an hour before the close.

Short DNDN 4.54, after the opening 15 minutes it was all selling down to the close, the sell off is likely to continue.

Entered Trigger to sell short 2000 DNDN when it is at 4.49 or lower.
Stop Trigger to buy to cover when it trades at or above 4.57.


Todays action: JDO short at 2.31 and SPC long at 5.90
Stop entered now to cover JDO if it trades at or above 2.14
Stop entered now to sell SPC if it trades at or below 6.09

Fish on! Yea, it feels just like fishing when I logged on and find all three trades are on.
BRCM started to head south so I bailed at 32.10, in at 32.39.

Plays for Mar. 26

Only one on tap and it's a shorty.

Short JDO 2.39 it shot up 50% and I couldn't find any news responsible for it.

Watchlist:
SPC had a huge reversal Friday off the low of the day, printed a bullish long legged doji
BRCM double bottom AND blow off bottom, last two candles formed a bullish harami pattern


I've entered a Trade Trigger to sell short 4000 JDO when it trade at or below 2.35
Stop loss implemented with a Trigger to buy to cover when it trades at or above 2.40
Entered Trade Trigger to buy 4000 JDO when it trades at or above 2.41
Stop with Trigger to sell when it trades at or below 2.37

Entered a Trigger to buy 1000 SPC when it trades at or above 5.55
Stop with a Trigger to sell when it trades at or below 5.45

Entered a Trigger to buy 200 BRCM when it trades at or above 32.36
Stop with a Trigger to sell when it trades at or below 31.99


Friday's short on BQI never materialize since it gapped up at open and ran straight up another 10%. That gave me an idea to use another Trade Trigger at the same time set to go long in case the trend is so strong that the reversal does not occur. That's what I'm doing with JDO.
I also used Trade Trigger to automatically implement stop loss orders on all of today's plays. I'm praying I entered everything correctly and that Ameritrade's software will handle it all correctly, especially the JDO trade.

Plays for Mar. 23

One short play for tomorrow.

Short BQI 3.63

I have entered a Trade Trigger to sell short 3000 BQI when it trades at or below 3.59, using limit order on half and market order the other half.
Hope I won't have the same problem as ACAD.

Watchlist:
CNH ascending triangle formation, buy on break over 41.10
COH ascending triangle formation, buy on break over 51
RYI rectangle formation, buy on break over 40.27