Wednesday, December 31, 2008
WATCHES 1/2
Covered AVR at .60 from.96,flipped it long at .61,sold that at .72
CWST doubled in 2 days
GRS keeps walking up
KFN .57 to 1.58 in 7 days
junky CKEC 2 buck gain in last 10 days
AOAG just unreal.....here's one that started as a subpenny at .004 and has walked up the ubb to .096 in that time,on huge volume compared to when it stared...5 pr's put out by the company in that time.
DDSS drug news and fell back way off it's pre market highs,even off its near open high of 2.19 to close at 1.82
BLTI,news of 1st live broadcast of a laser root canal! whoopie!...I'm really looking forward to that...NOT! Up 122% today...show me the red Friday(no pun if you know what I mean,yuk)
CBAK,usually trashy,up 34% after getting hammered the last 2 days..moved on some news,smells like a deadcat bounce
Tuesday, December 30, 2008
WATCHES 12/31
Another reason to love the ib premarket scan is "the time in scan" feature.
It shows the late hits like VTLP today.
[Tue Dec 30_09:27:41 EST 2008] Muddy VTLP late,big
If you've read Mike13ths post,"I'm gonna try"(and I bet 1/2 in the current chat haven't by the pm's I get)he points out the angle with these late hits.
[Tue Dec 30_09:34:32 EST 2008] Muddy VTLP 650% hods
I jumped it right at the open,one big factor it was a 0 vol stock.
2 minutes later:
[Tue Dec 30_09:36:40 EST 2008] Muddy 900%
[Tue Dec 30_09:36:56 EST 2008] anon says: VTLP is not real…. I would not touch it
my reply:
[Tue Dec 30_09:38:06 EST 2008] Muddy it’s been touched:),anon
yeah by ME,I know the power of former 0 volume stocks.
2 years ago I posted this on GOTS.... http://greenonthescreen.blogspot.com/2007/01/100-stocks.html
PLUS on GOTS,under "important posts" is the post FORMER ZERO VOLUME STOCKS
so what happens after I say it's a 0 vol stock in chat?
I get at least a half dozen folks pm'ing me asking....what's a zero volume stock...guys read the blog,at least the "important posts"...
[Tue Dec 30_10:04:20 EST 2008] Muddy VTLP mil shrs
[Tue Dec 30_10:04:45 EST 2008] Muddy VTLP 0 yest vol
As posted on 12/24:
AVR I'm still in short o/n from .96 entry,down another 21% today for paper profit of 41% or $1200 so far.
Still holding short as no signs of green yet,love the sliders,closed at .44 today.
Look at that beautiful chart!
Monday, December 29, 2008
WATCHES 12/30
Love the premarket scanner I get from IB....
[Mon Dec 29_09:14:42 EST 2008] Muddy pre so far..FFC LINE PAL SIL FNA SPF NG IFX CDE VGZ CTDC SAY LZR YGE HL LEA GSS FNM FRE QI NEXC CNR JUPM GSX IDT
[Mon Dec 29_09:24:51 EST 2008] Muddy KFN late
[Mon Dec 29_09:32:23 EST 2008] Muddy NEXC .10
[Mon Dec 29_09:33:29 EST 2008] Muddy i’m in already NEXC
[Mon Dec 29_10:09:38 EST 2008] austinhorn Muddy still in NEXC
[Mon Dec 29_10:09:42 EST 2008] Muddy yup
[Mon Dec 29_10:09:47 EST 2008] Muddy from .091
todays chatlog......
http://www.investorslive.com/2008/12/29/chat-logs-for-122908/
NEXC went on to hit hod of .21...sold when it backed off to .18,took 100%,not to be greedy
Saturday, December 27, 2008
WATCHES 12/29
I'm going up put up my trades for Friday,I don't like to do this but will here because I get so many folks asking like 1 or 2 hours later,after the stock alert has many times run, asking,"is stock XXX still a buy".
With these trades look at a 1 minute chart and see where I saw them and alerted and bought.
I don't know 60 mins+ if they are still buys,I have no crystal ball,I'm just playing what I saw at the moment,reacting to it...I'm using a trailing stop most times by then and looking to get out with a decent profit.
long SRZ at 1.39...sold at 1.74
[Fri Dec 26_09:28:51 EST 2008] Muddy GMA RXII JNY LEA SRZ GPM EROC JRT F FCZ YRCW NUVO WAVE AVII JAG AHT CVP STEM ANPI NT OMCM
[Fri Dec 26_09:37:44 EST 2008] Muddy SRZ yes,news i think
SRZ you see was on the premarket list,plus SRZ is a huge day ranger,in fact the highest for last week,you can see it here
long EVC at 1.25...sold at 1.41
[Fri Dec 26_10:03:40 EST 2008] Muddy EVC huge pop,lighter vol
[Fri Dec 26_10:05:32 EST 2008] Muddy vol spike EVC
[Fri Dec 26_10:06:03 EST 2008] Muddy vol double EVC
long GMA at 7.50...sold at 9.47
again the pre list from above,GMA was the highest pre leader plus a play off GM plus crossed the even 7 mark with ease
[Fri Dec 26_09:38:37 EST 2008] Muddy big run GMA
[Fri Dec 26_09:59:31 EST 2008] Muddy GMA nice move still
at 9:38 the timestamp on GMA,it sat at 7.35!
long ALD at 2.06...sold at 2.71
[Fri Dec 26_09:43:46 EST 2008] Muddy ALD good vol,2.05
[Fri Dec 26_10:14:24 EST 2008] Muddy ALD back hods!
Sitting on 2.12 at the time,hit hod of 2.90
long MDTL at .485...sold at .70
[Fri Dec 26_12:42:56 EST 2008] Muddy MDTL pop,lower vol .50/.52
[Fri Dec 26_12:45:44 EST 2008] Muddy MDTL more
[Fri Dec 26_12:46:55 EST 2008] Muddy MDTL .55/.57
This animal went on to hit hods at .78 minutes before the close!
Why did I alert and enter MDTL.....hmmmm,BECAUSE I KNOW IT AS A FORMER RUNNER AND IT HIT SCOTT HOD LIST AND WAS JIGGY IN THE QUOTE BOX.....sound familiar??
long JRT at 1.01...sold at 1.25
Again see above for the premarket list plus JRT was on my watchlist 2 days in a row 12/22 12/19 which means I had it charted and knew of its run well last week.
[Fri Dec 26_11:45:27 EST 2008] Muddy JRT finally 1
[Fri Dec 26_11:46:00 EST 2008] Muddy JRT over 1
[Fri Dec 26_11:57:42 EST 2008] Muddy JRT nice 1 cross so far,on pre
If you've read anything by me you know I love the even dollar crosses,1 buck crosses a big deal to me
JRT went on to hit hod 1.40
long JAG at 4.10...sold at 4.63
Again,on the pre list,4 cross,hot sector of the day,mining
[Fri Dec 26_14:16:01 EST 2008] Muddy also miner JAG 4 cross,from pre,hod
[Fri Dec 26_14:52:02 EST 2008] Muddy JAG pushing nice now
was at 4.30 area here and bid banging on ask repeatedly,hence "pushing",looked like more,..hit hod of 4.71 a bit later.
long HPSO at .93...sold at 1.21
On my watches here 3 days.
[Fri Dec 26_09:45:24 EST 2008] Muddy HPSO near 1….big pump
[Fri Dec 26_09:52:09 EST 2008] Muddy HPSO 1
[Fri Dec 26_09:52:14 EST 2008] Muddy its huge pump
I said quite a few times in afterhours chat HPSO is one of the biggest pumps out there now.
I even provided the link here in the chat more than once.
I wasn't even waiting for the $1 cross on this,just anticipating this pump to have more,considering how jiggy it was in the quotebox and the incoming volume.
[Fri Dec 26_10:45:12 EST 2008] Yngvai HPSO 1 cross
[Fri Dec 26_10:45:47 EST 2008] Muddy yes HPSO
HPSO hit a hod 1.285
long FNM at .63...sold at .725
[Fri Dec 26_10:05:32 EST 2008] Muddy FNM jig .63
Easy if know what to look for on FNM FRE,so fast flipping it was putting blue lines right through the symbol in the scott quote box,only those with Scott would know what i mean,but believe me that is "super jig"
long SIL at 1.13...sold at 1.30
If you've been around since Sept then you know the fun we had with it then.
Last week 15th highest dayranger
[Fri Dec 26_12:08:43 EST 2008] stonespeaks SIl cross 10/60 up
Great alert by stonespeaks,price was 1.07 at the time on the 10/60,look at a chart you'll also see a volume spike about 30 minutes late while pps remained almost the same at 1.09 and then 30 minutes later SIL was a rocket going from 1.09 to hod 1.43
[Fri Dec 26_13:29:44 EST 2008] InvestorsLive nice on SIL
[Fri Dec 26_13:33:22 EST 2008] Muddy nice alert SIL
IL and I both commented SIL nice alert,this still while it was in the 1.11/1.15 range.
So 10 for 10 on the longs,now 2 losers I traded,both to the short side
short CBL at 6.93...covered at 7.46
CBL has/had a big run chart,steady climber all Dec,a double in that time.
I shorted on red and the breakdown of 7 at the time,as you can see I was wrong.
short LCAPA at 4.68...covered at 5.23
Shorted on red as LCAPA looked to me as it was going on a breakdown after going from 3.33 to a high of 5.13 Wednesday.
Wrong again.
But still 10 out of 12 with real good gains on the winners on a day described by one as "boring"
[Fri Dec 26_12:23:51 EST 2008] anon: no valume in market
[Fri Dec 26_12:23:58 EST 2008] anon: boring
Like I said,check the 1 minute charts,you'll see I traded and alerted very near the beginning of the runs...all because I had some nice ones on watch,I use and know HOW to use the Premarket scanner, and mainly because I use the Scott hod list and the quote box to my advantage along with my knowledge of former runners.
All stuff anyone can learn in time,"caveman" trading at it's best!
And to this guy who commented.....
Some 30 50 100%+
So,Anon, Don't trust me,but if you're smart you'd look into some of this stuff...but then again,I said "if",sooooooooooo
Wednesday, December 24, 2008
WATCHES 12/26
As posted last night I was o/n long ANPI and AVR short.
Both worked out awesome.Sold ANPI today at .655 from .20 entry or 228% which came to about $6800 for me.
Just because I saw it on the Scottrade hod list and knew it was a big former runner in the past.
I see someone in the chat is recommending dumping Scott and moving on to tos.Yes,go ahead,don't ever think about mastering reading the hod list.
500 measley bucks keeps you in Scott,sheesh.Then move your rest over to tos or ib so you can short some of these.
AVR I'm still in short o/n from .96 entry,down another 21% today for paper profit of 41% or $1200 so far.
Nice $8k today with out ever trading except to sell ANPI,5 minute "work" day.
Whoever was in chat last night saw me warn of AVII.
I said it's one of the worst pharmas out there to ever hold up,yet there were folks playing it over 1 in ah.
Playing ah and in pre and not knowing stocks is just absurd to me.
Newbs should be very careful playing in ah and pre imo.
It's hard enough just during regular hours.
AVII traded awful today off that news(which wasn't even that good)
[Wed Dec 24_08:44:09 EST 2008] InvestorsLive AVII way off its highs
[Wed Dec 24_08:44:30 EST 2008] Laura yes on AVII
[Wed Dec 24_08:44:48 EST 2008] Laura hope people here didn’t jump in AH yest and hold
[Wed Dec 24_08:45:06 EST 2008] Laura was really up high. AVII news not that great imo.
AVII had a 5 minute run,that's it,5 stinkin' minutes,then down off .94 hod to close at .67
One of the best short plays out there today when it couldn't break 1 to the upside,imo
It's no wonder we've seen tons of guys come and go over our 5+ years of hosting a chat.
The 21 listed above are pretty strong watches imo.
SPAR had awesome tankage after it's 11/5 run,junky stock run again,red candle out of ubb
CMLS has run from .33 to 2.21 in a month.Look at those red candles before that run,from 3.27 to that .33!
Look a the WOLF chart,what do you see,a 5 day run in early Nov from 1.36 to 2.09 then down .72 3 weeks late.
Then from that .72 to 1.13 then down to .62
And if you know RSI2,the way I've taught it,you'll see RSI2 was over 90 both days,11/4 and 11/28 at 96 and the candle was miles away from the upper bollinger band,in fact 1/2 way at the best.One of the best telltale signs that a fall should be very close.
PLD,just an unreal run,looks like it will breakdown but hasn't yet.
HSNI was the way,finally today had some weakness
BXC and OESX,can't say it any better than Timmay here.
Read what he says about SCOP.I've gotten questions about it too.
Yes, it's a buyout...it moved 7 cents today
Tuesday, December 23, 2008
WATCHES 12/24
As mentioned in last nights post,was o/n long HCD,got the 2 buck cross and more,sold at 2.22 for tidy 47% no sweat profit.
Also from post,still short DDSS from 1.49
Another thing,this was a comment I made back on a 11/20 post....
"I didn't just first short LEA today,I first shorted it at 1.40 on 11/14 then added another full at 1.50
then on 11/18 I added another full at 1.40 and then added a fourth full today at 1.14 and a fifth at 1.31.
So I'm in average short at 1.35 on a $17.5k position"
Why it pays to have a larger acct,or play smaller positions on smaller acct's, and not trade with "scared money"...that is a big position for me but when LEA ran big on me I never wavered..it's junk,these shorts most always come down,now I'm in the money nice with a 1.20 close today.Greedy yes.i'm holding
One more thing...
New folks want to know how I catch the big runs....I've said it 100's of times...I CANNOT TRADE without the scottrade scrolling hod list...do you hear that newbs! THAT is how I catch them PLUS I run scans nightly(for years!) and I know the ones that can run...I run hundreds of charts a week..If you think this is easy,sorry,it ain't....like it's it's been said before...get serious or I'll and others that know the game inside out will take your money...newbs get serious or play the AAPL's of the world....these stocks aren't just fun and games,they will wipe your acct if you don't know what you are doing..STUDY STUDY STUDY......
Example of watching that hod list and knowing your stocks,from chat today....
[Tue Dec 23_15:07:28 EST 2008] Muddy pharma alert ANPI
ANPI was .21 at the time,I got in just before the alert at .20,it closed at .38.. 90% on a stock that I knew from way back that hit that hod list,a stock no way in the world did I ever have on a scan to watch today...still holding the 1ST day pharma runner for possible more on open
AVR a great short today on the $1 breakdown,big run chart from .35 to .98 in 4 days,these don't last forever,scope them for a breakdown,,,to me the break of EVEN 1 was my signal..again greedy,holding o/n
chatlogs from today.....
http://www.investorslive.com/2008/12/23/doubler-angiotech-pharmaceuticals-inc-anpi-chat-logs-122308/
Check out the action on VIAP,alerted in Premarket(another thing,80% of the new folks don't even use this,it's the most powerful thing of the day!,then they ask short or long!,like, I don't know.don't be so lazy and WATCH THE ACTION,these for sure are gonna be volatile if that's what you are looking for)
I took VIAP from .195 to .33 then .30 to .41,also on a stock that no way in the world was I ever watching before a half hour before the open
Big thanks to IL for hosting chat/posting chatlogs !!
Monday, December 22, 2008
WATCHES 12/23
Very strong list tonight imo
Got in short DDSS at 1.49,maybe early,let's see
HCD longed at 1.51,looking for a $2 cross,holding.
PALM you could make a living off shorting into the hods if you could figure out where it stops,if you use indicators and are good this could be a goldmine stock.I don't and can't,anybody that can,,congrats(and leave a comment how you do it,ha)
Friday, December 19, 2008
WATCHES 12/22
Of those above these had pretty wicked last half hour or less price spikes...
HSNI RUS FED MNC EVC CAV IFC ABCW LBY TUES CHRS SSP BNE GRB AHC FTBK FBC PEIX MTG
so many add GVHR CHUX
Covered ANSV at .49 from .92 short
Sold AVR at 93 from .515 long
both worked well as overnight holds(something I hesitate to do even more often now)
The chatroom was upgraded to hold more than 200 at a time...Friday we hit the highest ever at 289!
Thursday, December 18, 2008
WATCHES 12/19
Especially like GRS CVO HSNI
UNCL I called near eod,was way jiggy in quotebox action,maybe go long at open but sure watch for a red hit short,ib has borrows as of now
HSPO has one of those keep running charts
BRCI is perfect example of a former "zero volume" stock pop...traded 2 mil shares Thursday...not up that huge though,only 44%..maybe somethings up...I couldn't find news
Holding ANSV short from .92 and AVR long from .515
Closed DVAX long from .93 to 2.45
Wednesday, December 17, 2008
HEAR ME NOW....BELIEVE ME LATER!
But really ,HEAR THIS.......
THIS CAN BE DONE.
Pennystocktrading for fun and profits!
First HEAR THIS...I'm not bragging,got it? ok
Here are my trades today,most timestamped in the IL chat logs...you gotta remember I'm also trying to trade WHILE alerting so sometimes I miss posting in chat at near the exact momoent,but you can see most that I say I entered or just got out of...
Anyway this is just 1 day in a life full of trades,,,it just keeps getting better,I'm almost 61,alot of you folks are way less than half my age,,oh man,the time you've got to learn this!
ANSV long at 1...took 33% at 1.33..on pre list
CADX short at 6.97,covered at 6.41..on pre list
CADX long 6.42 to 6.97
NVD long .135..took 210% at .42..on pre
IVVI long at .50 cross...took 30% at .65..yesterday big momo in chat
SIL long at 1 cross 1.03...took 47% at 1.48..was a huge former runner few months ago aka former runner
DVAX long at .93 to still hold eod 1.74 for paper profit 87%..on pre plus DRUG news!
VNBC long at .20 to .30 for 50% profit..in chat around 9am,I said very interesting chart pattern..it's known as a squeeze/volume/break,that has backed down quick into the "muddy zone"(ema10/sma30)..on green if dayrangey enough I like to hop them...this one I did
So that's one day...master some of this,you got 99% of traders beat....HEAR ME NOW
WATCHES 12/18
EGT..big beacon email
NEOL..welcome back my old friend
MAXY..the energizer bunny,keeps going
Tuesday, December 16, 2008
WATCHES 12/17
PDO RVI MPG GRS MAXY NG LMDIA GNK DSX FCS EGLE NM PAL GIGM TBSI NGD VGZ TKTM FREE QI WGAT GSS GRZ IVVI SSRI GNA
then new ones:
ARSD MHH KAZ BCST PCSV AGM PLUG HSNI HZO DSCM ANSV TRBCQ TLLE FBR
ANSV fun and games today in chat!!
[Tue Dec 16_09:11:03 EST 2008] Muddy ANSV phase 3 news
[Tue Dec 16_09:20:39 EST 2008] skater789 in ANSV at .21
I got in bit later at .235..hit hod .62!
Looks like ah close is .85,beats working!
WHAT ALOT OF FOLKS ARE MISSING
It takes time to learn them but it's a must if using the HOD list and you want to maximize your profits....
As soon as Laura and I saw WGAT hit that list,we said to each other,"oh man,this could be good!"
We both knew it from the past as one that can zoom when it starts to crank up.
In the logs you'll see it was alerted soon after the open around .16 and followed up on it's run to hod .345
On the Green on the Screen blog you'll even see "importance of knowing former runners" listed on the right under "Important Posts"
It's also listed under Mike's great post,also over on right named I'm Gonna Try (13th's Methods)
In it Mike says as his first 2 important things to him for successful trading.....
1. I can not live without the scrolling Scott hod lists.
2. KNOWING former runners and stocks that have hit these scans I run more than normal stocks do.
Because that blog isn't updated frequently folks may think it's a dead blog...IT IS NOT, the purpose of that blog is to archive what I've learned over decades of trading, therefore it's a learning tool to be saved and read over and over, especially for the newer folks that come into chat...it's all there forever to be read, many questions I get over and over can be found there.
I know for a fact quite a few in chat have never even looked at it.
Monday, December 15, 2008
WATCHES 12/16
Short overnight NG at 1.52
I am absolutely amazed at how many newbies ask when a stock is at hod,is it a short?
Same with at lod ,is it a long?
Maybe just me but I'm blown away with this.
JUST POUR YOUR MONEY DOWN INTO A BLACK HOLE!!
With NO confirmation????...Are you kidding me?
Get Timmay's DVD or something,man it just boggles my mind...is this just a game of chance with newbs that ask this?
It is why in over 5 years of running a chatroom I see tons newbs come and disappear ...you got no desire to learn,just the hope of quick riches
Saturday, December 13, 2008
WATCHES 12/15
NNBR AKRX CPD NGAS THMR PGPDQ DIOD ITCD PLD HSNI RVI LSE FCH EXEL OMN BLDR NCT MPG PALM GFG AMLN GIGM GRS GTE FLOW RAME ABD TMR CLNH WAVE DLKM MAXY
MAXY not stopping on ubb run,has 9 straight up days,never up much in 1 day,just that "manip" look,keeps on going,rsi2 over 95 6 days in a row! 99 4 days! Seems to be under the radar as I haven't seen any news and not much mention of it on blogs or msg boards,hmmmm...watching this for a crack but not until I see a red hold..ib has borrows..up from 4.17 to 7.82 in 9 days..not bad
Finally closed CHUX at 2.01 from 2.94 short, was a great ride, probably be around 1 next time I look but gonna use the money now on a fresh play.
Just for fun look at the FREE chart...that's a classic...huge low float junk stock spike...then runs green next day but goes RED at under EVEN $2 mark.
Closes at 1.77.
FIRST day RED of any substance in 5 DAYS!
So the next day (you folks with the pdt rule are always asking for o/n holds, these are the kind that give nice risk/reward o/n) and closes at 1.38, real nice from anywhere under that $2 mark.
There's a few lessons to be read into this pattern and the stock that it is.
Closed up 20% on Friday so I'm following still.
Another thing, I've been emailed by a few as to why I only put GREEN stocks on my short watch. There's a simple answer....because I KNOW the ones that were red from the previous list AND I also have them on watch but I don't list them here, there are so many watches now...it's my job to know them, I do this for a living...if you get serious with this you'll know them too...scope the ones already that have hit red just watch if they've cracked serious support, that's the easiest way for me to go on red with these.
Then there's ones like NHWK, a watch on blog for 12/11.
On 12/10 it closed at 3.50 after hitting hod 4.04, on 12/11 it opened at 3.53 then went red and sank to close at 3.04, a real nice short.
So now it went up 22% Friday but it's not on my blog watch,why?...because compared to others it's not up that much, but do you think I don't have it in my mind as a short watch...sure do...look at the candle volatility in the last 3 days compared to past days...also look how it hit near 3.75 3 times in the last 3 days...see, it's sitting right near 3.75 come Monday open...you know I'm watching for a 3.75 fail.
You new folks to the chat...this takes work, don't ever think the market is just something you step into and expect to lazy your way through.
I get questions from newbies in chat that are basic, basic stuff and when they are asked if they've read any of the GOTS blog...they almost always respond...no, BUT I'm going to...yeah, ok...
You would not believe how many times we've been asked "where do we find the scrolling HOD list...."there's only 10 "important posts" listed on the GOTS blog.
The first one on there is "Mike's I'm gonna try" to explain but how many of you newbies ever read it?
Go to that post,what do you see as his #1 tip for him (newbs, he turned $30k into $350k in 7 months!), you see THIS:
"Ok, now some of my thoughts on what is important to me for successful trading.
1. I can not live without the scrolling Scott hod lists.
Muddy showed me how it was possible to get 20,30,40,even over 50% profits in minutes to a few hours using this. Last week I caught MESA and LGND almost at the start of their runs.
Never had them on any lists,only saw them on the hod list."
And while I'm venting a bit,I love the guys that after an alert is put up they ask...long or short?..if you don't know what to watch for for a decision either way...really just stay out of it, to you it's a 50/50 coin flip, a GAMBLE...we folks that know what to watch for it's a calculated risk...not trying to be flip here, but it's how the veterans take YOUR money...study up so you can take mine.
Thursday, December 11, 2008
WATCHES 12/12
Shippers fell...DRYS was awesome and a bunch in chat made bank on it,but shipper FREE started yesterday at 2.48,now 1.38,that's just what I expected from the other night's post,a deep fall on this when it starts
CPY CPE BXG PGPDQ(remember this as PPC) have huge run charts that just won't quit YET.
Radar for weakness,no lie!
TAR was monster all day,very low float,can't call it junk cause don't know it,but watched it trade today.bid/ask action not good today to trust long if you watched it,looked manip...waiting for red which might be soon.
Wednesday, December 10, 2008
WATCHES 12/11
BXG SINO FCSX AHD PAL NFP WHI CCPCN HWD CPD THMD GVHR NGAS NHWK
Pennies:
THMR PGPDQ CTIC VNBC URRE TARR GSAT BUF
The NOBL short at .745 as per last nights post turned out great,it hit red from green and fell hard to .55 quick
Also last nights post FREE was one of very few shippers to go green to red,almost got that 20% from it .. "If shippers start to sink FREE is the short imo..I've seen it lose 20% in minutes before...really low float,no pun but watch if breakdown of $2"...knowing these stocks and their patterns,nothing beats it
Pattern: [Wed Dec 10_09:16:35 EST 2008] Muddy SINO may be nice run
Was it ever!
It's stuff nobody can take away,try to get these in your head
Another couple:
[Wed Dec 10_13:30:09 EST 2008] Muddy if penny player TARR can fly
Took it from .065 right before alert to .125 for 92%
[Wed Dec 10_15:18:16 EST 2008] Muddy BUF used to big dr,now under 1 at .14,watching
Hopped in at .14 out at .24 for 71%
92% and 71% on 2 stocks in 1 day...just by knowing former runners and having the Scott HOD scrolling list...your account will zoom if you can pick up the knowledge of what we are trying to show you
Chat hit high of 190 today,we only hold 200 so it's getting near a full house,don't get shut out
Tuesday, December 9, 2008
WATCHES 12/10
Shorted NOBL at .745,really doubt this can hold huge gains from today
Also short CHUX DRYS o/n..might be wrong on DRYS,but watch for pull of 4% off hods to short...CHUX i hope a longer hold
If shippers start to sink FREE is the short imo..I've seen it lose 20% in minutes before...really low float,no pun but watch if breakdown of $2...it might still run over2.long until the breakdown
Monday, December 8, 2008
A Bonehead Trade Gone Good aka "THE FLIP"
In chat before open I said yikes I think I'm in trouble,everything was screaming in pre and I figured I might be in trouble...oh I was,OREX ran off to 4 quick,I covered at 4.02 for a 14% loss BUT I wanted to see the $4 hold,cause I was determined to try again ..but this time LONG.
I got a hold of that 4 mark at 4.10 so I flipped over long at 4.10,selling at 4.49(it hit 4.79,see I'm not that great with exits,like Tim says,you can do better) recouping 10% of that 14% initial loss.
It all adds up...and yes another reason the pdt rule stinks,no flexibility or your trades are gone
Another Note About Pre Gainers
When I first checked into pre this morning HGSI was up 390%,yes on only a few trades but still,this catches your eye.
Then I came back about an hour later,it was up still but at 70%
Then around 9:10 it was up 60%
Then with 10 minutes to go it was 45%
Then 2 minutes before open it was 39%
See a pattern?
I watch this stuff....all I knew was if HGSI started to pullback even a few % off its hods right after the open..it was mine short,900k borrows on ib,oh yeah,I couldn't wait
It quickly ran to the 2.50 range then started to pullback,I got my fill at 2.19 and watched it fall all the way down to pretty deep RED 1.55.
I covered at 1.75(green was 1.73)...for sure not the best entry or cover but 20%.
By no means earth shattering is 20% but it was a no sweat trade,never a doubt after the open drop.
And the angle is just another tool in the toolbox,the edge over a bunch of traders,that's all you need..the edge
WATCHES 12/9
SIFY had huge last few minute run
Saturday, December 6, 2008
WATCHES 12/8
I'm just hunting down those in my mind fall the furtherest,the fastest.
These are listed in order of highest ADR10 to lowest......
You can also compare the ADR10 to the ADR30 to find the "hottest" stocks in the last week or so.
Alot of folks don't understand how important this is but here's the deal.....
I KNOW which ones are without even having to look.
Why?....cause I'm watching the market/stocks every minute from premartket around 8:30 am to the close at 4 pm.EVERY trading day!
That is a HUGE advantage.
I know when I take even 2 days off in the past...I come back and I feel lost concerning what's been hot.
If you work and can't follow the intraday action well or at all,think about comparing different ADR periods against each other,it should give you a big advantage over those that don't.
And to quote Adam over on his blog http://stackyourcream.blogspot.com/
"Keep in mind that these are to keep your eye on. If they start to run, run with them until they show that they are breaking down".
XDSL SRZ CHRS QTM NCT FCH TLB PLD GVHR CMLS GRT RDN SAH PRKR HIG BZH DRYS OGXI PSS BBX CIT LNC GRA ABG DXCM OMX ABD CHS XJT ANN BWS CCRT SBH PFG PODD NZ PLA OFG SFD ASPM
I'm seeing alot of newer traders in the chat that don't understand the premise of this shorting process,I've seen it asked quite a few times if stock XYZ is a short now and the stock is hitting HODS,you're playing with fire if you short at or near hods,you wait for a technical breakdown,whatever you use or RED.
These stocks we find in our scans are set up as stocks that have risen theoretically too far too fast.
Wait for some kind of confirmation of a breakdown.
Shorting near hods certainly isn't confirmation.
Thursday, December 4, 2008
WATCHES 12/5
Wednesday, December 3, 2008
WATCHES 12/4
WHAT YOU NEED
FRZ types(huge intraday swings aka big dayrangers) are risky no doubt but if you trade these like "normal" stocks you either shouldn't or adapt some rules...
Just my opinion,too many folks have no idea these are DIFFERENT than 90% of the stocks tradeable but yet treat them the same way.
To optimize playing these kind...
1. you need enough in your account to beat the pdt rule
2.you need to take no more than 10% of your account in each one on the 1st enter
3.you need to use market orders when possible when entering
4.you need to use MENTAL stops
5.you need to use WIDE stops
6.you need the confidence to add to shorts of the "crap" stocks you short that first go against you(why you enter smallish at first and need a larger account)
7.you need to stop watching every tick
8.you need to stop trading with scared money,the object isn't to break even..it's to hit the big scores or be CONSISTENT trade after trade with smaller gains
9.you need the flexibility to "flip" a trade in midstream and the confidence to do so
10. you NEED to do your homework,don't rely on anyone else..run the scans,LEARN the stocks you are trading,over time watch the behavior of these stocks
11.you need to have a broker that gives you the borrows..I WANT the stock now that I want to short...not the 2nd,3rd or 4th choice
12.you need to look at the LOWER float stocks first if you are scalping these dayrangers.
13.you need to pay attention to EVEN dollar marks on these low priced ones
Most important,you need account size and less exposer in just one stock,lessons the scared money thing...they all add up over time,just keep plugging away.
If you can't follow most of these rules,I'd say trade way less volatile stocks...without these rules you're hunting down Godzilla with a peashooter
Tuesday, December 2, 2008
WATCHES 12/3
Monday, December 1, 2008
WATCHES 12/2
My Dual Monitor Setup
From left to right, chat, IB watchlists, Scott lod/hod list, Scott watchlist/chart, below 4 quote boxes.
And btw, checkout the green shortable column on IB. Light green shortable, dark green questionable, red-no borrows. No red in the borrows column on the pre-gainers list today!
Sunday, November 30, 2008
THIS IS JUST TOO FUNNY
Thanks to JV for alerting us in the chat tonight!
It's classic!
http://hotchickswithdouchebags.com/
ANOTHER NICE SCAN
courtesy of Johnny Vento
white candles at lbb with "tailage"
Saturday, November 29, 2008
ANOTHER COLD WINTER DAY
Got the TA up to 500 horsie's now...kids,don't try this at home!
http://greenonthescreen.blogspot.com/search?q=79+trans+am
A SCAN FOR LOSERS
It finds stocks that have lost at least 8% in the last day,at least 10% over the last 2 days plus stocks not down that much over 1 or 2 days but are "failures",meaning they are stringing together down days after hitting this scan days ago.
They failed to close green,hence failures.
The scan ranks them in the order of highest to lowest % of times they have run 10% or more in the last 100 days.
If you wish add ADR10 and/or ADR30 columns and it becomes a neat little scan.
A stock Il Torello talks about on his blog today,SAH,hit this scan on 11/24 and is up 112% since.
This scan is a play off the RFR scan and like that scan this RFR Loser scan was coded and given to me by Avery Horton aka TheRumpledOne.
Credit and Thanks out to him.
/* RUN FOREST, RUN for 1 day 8 pct loss, 2 day 10 pct loss or more */
/* and fails */
set{ DayChg1 , day change}
set{ DayChg2x , close - close 2 days ago }
set{ DayChg2y , DayChg2x / close 2 days ago }
set{ DayChg2 , DayChg2y * 100 }
set{CCb,days(close is above close 1 day ago,100)}
set{CCa,days(close is below close 1 day ago,100)}
set{ClxCl , CCa - CCb}
set{ pick1 , count( DayChg1 below -7.9999 , 1 ) }
set{ pick2 , count( DayChg2 below -9.9999 , 1 ) }
set{ pickx , pick1 + pick2 }
set{ pickx1 , pickx 1 day ago }
set{ pick3 , count( ClxCl below 0 , 1 ) * pickx1 }
set{ pick , pickx + pick3 }
add column DayChg1 {Day1}
add column DayChg2 {Day2}
/* Long Profit Percent Statistics Display */
set{volcnt, count(volume above 1000000, 100) }
set{volzero, count(volume equal 0, 100) }
set{HiOp, high - open}
set{Long_Profit, HiOp/open }
set{B1A, count(Long_Profit > .01 , 100)}
set{B2A, count(Long_Profit > .05, 100)}
set{B0010, B1A - B2A}
set{F1A, count(Long_Profit > .05 , 100)}
set{F2A, count(Long_Profit > .10, 100)}
set{F3040, F1A - F2A}
set{I100, count(Long_Profit > .10 , 100)}
and add column B0010 {1_5}
and add column F3040 {5_10}
and add column I100 {10___}
pick above 0
close is between 1 and 15
average volume(10) above 250000
sort column 9 descending
Friday, November 28, 2008
WATCHES 12/1
To make it easier I've sorted by top to bottom the highest ADR10 ones..btw ADR30 right at this moment until they correct it,SF calcs on ADR30 on Stockfether are way off,not to be trusted at all
In order of ADR10..
PPC GFG TONS AXL COA FCH FNA SOLR LEA ICOG FNM FRZ YRCW HL CIM SGLP FRE STSI HRZB F PLD VRS GRT NCOC TRW HTZ SGIC CCRT HMA AER DDR XTEX LNC SWC ABR LTM SAH MTL ALTI C NWY OCNF RUTH AHD STKL CVG SSW HRBN EAT NED
Pennies under $1
TMA NT IDAR SANM QI RHD SRZ SPC ACGIE VC
IDAR tons of borrows,was $18 last year,now .12,up 107%..hope it keeps on going
WATCHES 11/28
PPC GFG AGM GRT TVL CHRS HTZ EMKR TEN MIC NCOC SAH HZO PMI FCH VRS ATPG IPCS RUTH TWB
Thursday, November 27, 2008
ADDED A BLOG LINK
I didn't even know until last night that Adam/Tortexal (on GOTS) had a blog(duh on me!)
This blog is way amazing for the way we trade!
Charts,all the SF scans (with explanations on how to use them!) including RFR,Combo,dayrangers,Watchlists,scan for increasing volatility ..plus great articles such as his trade desk setup,when to trade sideway movement,what time of day is best to go long or short,an interesting way to play the premarket leaders (GKK post from 11/1) and on and on and on!
This is hands down the best blog I've ever read regarding how we trade.
Sorry Adam,I just never knew it was you and never bothered to go over to stack your cream
Do yourself a favor if you are into trading the way we do/get over there when you have free time to really roam there.
That's where I'll be this weekend,starting from the first blog post,Thanks Adam
P.S...on top of all this Adam has "the car of the week" and "the girl of the day......woot!
All that's needed for the triple play is BEER!
P.P.S...did I mention "the girl of the day"?
Sunday, November 23, 2008
WATCHES 11/24
ERI IPG XIDE DEPO GYMB ARTG NED PERY LTXC BUF NCT DISK COA FSUMF ICOG FCH RWF LGND SWC YRCW DPTR KAZ AU BEE SOLR CPE GFI MMR SD STSI HUGH HL CIM RLF AXL PLD EMKR HLX CORS CUZ
VTEX the Beacon one I've been tracking just to reinforce how crap their pumps do(glad for this,keep 'em coming) lost another 30% Friday,now down to .056 from their "alert" at .63 Monday...man, I wish they'd sponsor for me for even 1 day...I wouldn't kiss their a** for 1 second,love them to unsponsor me right away...that would feel gooooood!
The volatility in the market just keeps on getting better every week.
For the high dayrangers to make the list of around the top 40 last week they needed an ADR10 of 19.5%...this week to make that list it jumped big to 23.5%...this is a daytraders dream
Sunday Reading - Short Selling and Short Squeezes
Investment U, Short Selling
Short Squeeze Article by Brian Shannon of Alphatrends
*******************
edit
Just posted a link under Important Posts to the old Muddy Method group on Yahoo groups.
Johnny Vento brought up a great point on his blog regarding shorting stocks in a downtrend.
There is a "fail' scan on the yahoo group that may be of use in finding good potential shorts in a downtrend. The scans can be found on the left sidebar under Files--Filters--Muddy fail filters.
Friday, November 21, 2008
WATCHES 11/21
Shorted GNVC again yesterday after it went red,good again for the 2nd day in a row,watching.
Watching for a HSNI pop/drop also...been a great scalper of late
VTEX crushed again,down to .08 now from .63 Monday!
Wednesday, November 19, 2008
WATCHES 11/20
And yeah I sound like a broken record but........
If you can get the $10k and serious about shorting IB is the one!
First of all their premarket scan rocks.
If you were in chat today (or read the log later) you saw I said GNVC was my top watch as it was way swishy over there in pre.
The best plays are often the ones you DON'T get on your scans at night and GNVC was no exception.
So on it's breakdown of $1 I go short at .95 with 3000 shares.
But almost all brokers won't allow under $1 shorts.
BUT of course IB does and I did.
I covered near eod at .62 for nearly a $1000 on a stock i'd never been watching and one I doubt I'd get borrows on from very few brokers!
The stock I talked about 11/17 VTEX,the Beacon/Quality Stocks "venture" had gone from .63 to .39 that day.
THAT was the good news...today it "eased" on down to .18 losing another 61%.
Don't believe any of that crap pump/junk...you know how they say "I got a bridge to sell ya?"
Speaking of bridges while I'm ranting...MTTG was the huge pump during Minnesota bridge distaster..so I researched it...they had 2 freaking service trucks to service the "thousands" of bridges around the country...now the stock sits at .002 from near 2,basically worthless...just like FESI,that was gonna have "ginormous news now any day" since trading at $1 in September,it's been on a slide since then and I know of folks that have bought on the way down...today was the death blow,down 72% at .008,yup .008......WORTHLESS too.
Beware of what you hear!
Tuesday, November 18, 2008
WATCHES 11/19
The first 6 are failures from yesterday
Monday, November 17, 2008
WATCHES 11/18
On a funny note,I got an email this morning on VTEX from http://www.qualitystocks.net, a "partner client" of Beacon Research.....as soon as I saw the words " mineral lease in southern Turkey", I knew it was gonna be fun.
The really neat thing it had great pr before the bell......only down 36% ,the news saved it from disaster I guess,haha........ http://www.qualitystocks.net/embedNews.php
Wednesday, November 12, 2008
WATCHES 11/13
RUTH NCT still great short holds from Monday...not covering yet.
OPTR, we rocked this in chat!!
On a side note,I was talking to Mike13th and he reminded me of PDRT.
On the post he made here on 8/21 (watches 8/22) he said:
I am in short VIFL SNMX PDRT from today.
So he's short PDRT at 2.15 then and says he never did cover it,he thought he did and forgot about it,then tells to pull up a quote...it's at .12!
Are you kidding!!
Tuesday, November 11, 2008
WATCHES 11/11
Sunday, November 9, 2008
WATCHES 11/10
Thursday, November 6, 2008
WATCHES 11/7
List pretty strong tonight,newer ones and not too many...
SNTS PNCL NGA BLUS ZYXI DUSA VTIV SNMX AEL LL CNO RNNM CHTL ALJ STEM BLT MOVE SUPG BXC CGYV NCEN KERX TELK ACLS SCU UTVG BLGM
NGA ..lower float that's fast,close good at hod
BLUS ..good in July short,hope runs more like then
ZYXI .. bounce from bottom,pretty junkie
SNMX .. awful chart,ran today
AEL .. shorted off pre lead list today,didn't hold 6 at all,huge top wick candle
CNO .. another I shorted off pre lead list ( I love you IB,ha ) when it did not hold 3,another huge top wicker
RNNM .. a big Beacon email pump,watch for red when they've had their way with it,could be real nice.
CHTL .. nice triple in last 2 weeks ,over 1 now,really doubt it holds it.
STEM .. been scalping this..looking short now
BLT .. 7 green days in row .. crossed even 10 ..fall likely i think
MOVE .. junkie but moved..showed some weakness today.
BXG .. stinking chart 2 weeks ago..gonna run out of steam i think soon.
CGYV .. big run chart showed a bit of weakness today...hearing it was a pump at 1,hod over 2 today,didn't hold 2.
SCU .. big sounding STORM CAT,is a dud,awful chart but up 46% today,easy borrows always on ib.
UTVG .. double in 10 days...43% today...may be a slider.
BLGM .. another double ..7 days..wayyy off hods today of .71,closed .46
Sunday, November 2, 2008
BOMBERS FOR 11/3
LVS GKK OMX LNG SCA PNK SPSN TSTR MDW FDML LAD AGIBY SGTPY PLI MNC GPRLF NCII VHI PLA DATA
GKK pumped wicked
Saturday, November 1, 2008
WATCHES 11/3
60 charts that have zoomed.
60 stocks on watch...way too many to watch??..Really not for me but if newer,sure
Here is what you do.....load them up and watch Monday night to find the ones that "failed",the ones that failed to turn red...they are the ones that closed green...watch them Tues,see Tues night which of those fails failed Tues...keep doing this...by Wed/Thurs there should be only a few left..they are the ones on red you should be watching short
Chat Room Has Moved!
Effective immediately the chat is moving to the new site. Access the new chat room here.
You will need to register first. The first time you enter it may take you to a page called "Dashboard" first. If so, just click the link to the home page, then click the chat link at the top right.
If you chose the option "Remember Me" it should automatically log you in on subsequent visits.
Tuesday, October 28, 2008
THE VALUE OF THE CHAT
VIP was just one example yesterday.
It was first alerted by Tortexal as getting near green(note:the timestamp is not correct in the log yesterday,but you get the idea)
(Oct 27-16:14) tortexal: VIP almost green
Then Laura and I both chimed in less than a minute later.
(Oct 27-16:47) tortexal: VIP pop HOD
(Oct 27-16:48) Laura: yes VIP
(Oct 27-16:48) Muddy: yes
Then because knowing well VIP from the past I commented:
(Oct 27-16:48) Muddy: runs good at times on green hit
(Oct 27-15:07) Muddy: VIP no doubt should break 8,hit more hods
VIP not only ran well on green at 7.40, it ran great.
It did break the $8 mark and ran to a hod of 9.07 at eod.
Monday, October 27, 2008
WATCHES 10/28
If they were only as easy as the CVGI short has been...still holding from 2.20
SFI becoming one of my favs to crap when on pre leaders list..again today up 15% pre...crapped to a 7% loss closing on 1 after hitting 1.34 hod moments after the open.
(Oct 27-09:20) Muddy: SFI on pre...been losing it's early gains of late
Sunday, October 26, 2008
WATCHES 10/27
CVGI still doing a choke job...now down to 1.23 from 2.20 short entry.
Thursday, October 23, 2008
WATCHES 10/24
CVGI from my 2.20 short is still sinking at 1.36
SCON still dropping on very low volume,lucky to hold $1
Anyone in chat today saw the unreal moves DDR made today.
Crazy fun...I made over 30 daytrades today ...many on this one...caffeinated day!!
Wednesday, October 22, 2008
WATCHES 10/23
Just dribs and drabs tonight,cause of the market but these aren't too bad...of course DTG on everyone's watchlist....
The last time there were so few,my angle for long watches was great....so please don't shoot me but I gotta post long watches here...only on GREEN for me,no bottom fishing with these on red.ok?
TMA ABK PMI MTG MBI CIT CHRS DDS SIL CCRT GRRF DHX CT NOBL SCON SHOR PDO FTK OMNI USS
Down to GGRF are RunForestRun losers big that have a history of nice runs on green.
From DHX down to USS we have low float runners on green.
Caution these low float runners don't always have the tightest spread,me I don't really mind unless ridiculous because of account size
It Pays to Know Your Stocks
(Oct 22-09:14) Muddy: pre so far... ICOG GBR VMW CBL BRCM MICC CLWR MPET DROOY ATLS FEED GSX FDML TUP NOG CAR
(Oct 22-09:23) MadHatter: DROOY red now
(Oct 22-09:24) Muddy: FDML may be good watch,maybe pop/drop
(Oct 22-09:24) Muddy: yes DROOY
(Oct 22-11:16) Muddy: FDML 6 breakdown
----
(Oct 22-12:45) Muddy: FDML more lods
(Oct 22-12:46) Laura: good alert in pre on FDML
(Oct 22-12:46) smartcap: out TEO 5.40....don't like spread.
Check out the FDML chart! And kudos to MadHatter, catching DROOY, a pre-market gainer that then went red BEFORE open! Good eye!
Tuesday, October 21, 2008
WATCHES 10/22
GRRF SCON ran big today...EMIS was strong..so far..OPBL when it hit $8 everyone said was gonna be $50 soon...it's a scam and junk and shortable on ib,ran 82% today...hope it keeps on running.
Monday, October 20, 2008
WATCHES 10/21
Wednesday, October 15, 2008
WATCHES 10/16
Sunday, October 12, 2008
WATCHES 10/13
DSL WB HSWI PMI TSTR CORS NCT HTM MCGC MEG MDTL OPK LCC XL MKTX PNX FBC VRS SUF AEZ LNG CRBC BFRM GBNK GHM DYN WCBO DSCM ICO GPK CT NEWS JAV PCBC ARQL RSO CBG OWW CITP MOVE .
Only DYN from this group has more than 1 green day in a row,going from 2.17 to 3.75 in 3 days.
Failures (short watches that closed green) from Fridays watches are:
PPC FORSY DYN YRCW TIXC
Thursday's overnight shorts worked fairly well
ISSC down 5% to 6.76 from 7.05 entry
PPC up a few cents to 3.63 from my 3.90 entry
DCGN down 18% to .36 from my .47 entry .... decent 24% so far short
The best was my overnight LONG on FBR.
I rarely hold any longs overnight but when you feel you are 90%+ sure on a trade,well....
Worked perfect, a .51 entry with a Friday close of .82 with a hod of .88,can't ask for more than that on a trade I really could not see failing.
Thursday, October 9, 2008
WATCHES 10/10
NED has come way off hods last 2 days,still up 17% over last 2 days.
Today shorted for overnights:
ISSC at 7.05
PPC at 3.90
DCGN on late green to red at .47
Went long on 10/1 short watch (see post below,10/1 watches) FBR at .50 cross today after hitting a low of .40
My Shorts
I just read noobtrader's posts about his SPAR shorts this week. I too shorted SPAR and covered too soon. Shorted 10/2 at 3.39 and covered 10/7 at 3.02 thinking it might bounce off 3 the next day. Bad cover as it turns out. And out of line with the way I usually short piggy stocks. This does not include sectors like the financials/banks/insurance which are basically gambles right now.
If I had stuck to my normal lazy method (learned from Muddy, ha) I'd still be short SPAR as it sits at 2.67 today at the close. We normally just let them run down for awhile, usually no stress trades. LOOK FOR THE PIGS, not the newsy rollercoaster stocks. Yes, you can trade those if you are very experienced. I'm not.
BTW, what I mean by lazy is this.........Muddy and I traded JADE several times early in the year in the $4-5 range. Where is it now? 50 cents! Let em sink. They will. Choose the right ones and let them sink.
Now if we get a huge rally tomorrow, maybe these will run, but they won't run up like fin/banks. I'm up enough I can cover early and keep most of my profits.
All these short from last week, 9/30-10/3
CALC short 2.45 now 1.52 gain +38%
EFJI short 1.66 now 1.43 gain +14%
GRRF short 2.14 now 1.06 gain +50%
No reason to cover until I see green.
Monday, October 6, 2008
WATCHES 10/7
PWRM was a crazy one back in 4/04,remember it well from back there.
Went from about .32 to 8 then smoked out all the way down to .20 on a long and beautiful fall.
Has re appeared here with "news".
SIL, I still won't cover until it has held green by 10:30...down another 6% at 1.76 for a paper gain of $4300..love these gradual droppers.
Still short with EFJI SPAR GRRF CALC APCVZ and doing well.
2 I tried but couldn't get FORSY HBOOY have gotten wiped.it's ok,there's more out there.
LOCM,i knew I covered too early on this dog,down another 20% at 1.79 after hitting new 52 wk/lows at 1.31..bow wow.
Covered too early on CHCI,but for 41% gain on this swishy one so I don't feel bad.
Down another 17% today so gotta watch long on green here.
Sunday, October 5, 2008
HOW I FIND THE DARKSIDE WATCHES
First I keep on the list ALL "failures" from the day before.
Failures are the ones if you are watching short,that FAIL to close down(red).
So all the green closes are kept,from the previous days watchlist.
The first scan I run everynight is "gained 15% in last 2 days".
Then because it is very possible to miss some of todays huge gainers with this scan, (can you see why?),I run the "gained 8% in 1 day" scan.
Then I start a scan at "gained 40% in last 5 days" (and keep toggling around the days and %'s to try and find the longer term gradual gainers).
I will also run this scan to find the dreaded "red candle above the upper bollimger band".........
stocks where close is above upper bollinger band(20)and close is below open and price is between .5 and 20 and volume is greater than 200000.
The 8% in 1 day and 15% in 2 days I start with the price between $1 and $20, then on the 15%/2 days I run the scan with price adjusted to .01 to $1 to find the whacky real pennies.
A few folks have said I put up too many watches...it is to my benefit to do so.
I have no crystal ball with the price action these will take let alone whether they will EVEN BE TRADABLE,given the volume and the spread on any given day.
Out of 20 watches only maybe 5 or so may be tradeable,I know this for a fact,day in and day out this happens,it is the way with this kind of stock.
I have no problem at all watching the number of watches I put up.
Also I chart every new one that hits the scan,only failures I need not chart...I get the feeling that the folks that just want 5 or so watches don't even take it serious enough to chart even 5,this blog doesn't hand feed the picks..sorry a little work is needed on ones part.
One thing is for certain,most of the work is done in finding "live" watches...I don't miss many of the running charts as I scan everynight as hard as I can to find them and remember the symbols that have clicked for me in the past
WATCHES 10/6
The last 6,all under a dollar,pretty sketchy but low volume so far.
Since I can't find that many that are shortable for Monday I'll add these..so far all were/are shortable on ib except for ASCQ as of the moment.
VRNM has opened higher now 5 days in a row and fell since getting bombed on 9/29
From Watches 10/3 post Thurs, CHCI FRNTQ CPWM FORSY GRRF NXTM all got hit pretty good all over 10%.
Perhaps the nicest play on the list was APCVZ for those of us that could watch.
It took off after open going from 1.20 zooming all the way to DEAD EVEN 2.
Some of us got in short after it started backing down.
Myself I took it from 1.74 all the way down to it's close at DEAD EVEN 1 for a cool 42%.
The others mentioned I was holding short :
EFJI up .05 to 1.85
CHCI entry at .75,smoked down and I took good profit at .44 near eod for nice 41%
SPAR entry at 3.50,sitting at 3.60 now
GRRF entry at 2.18 down decent to close at 1.87
CALC entry at 2.55,sitting at 1.97 now
LOCM,down more 7%...covered way too early,oh well
SIL still in with $3600 profit,tomorrow I'll take profit finally if i see any green hold on it
Thursday, October 2, 2008
WATCHES 10/3
TORO very interesting chart...btw I digress here but is anyone an MTV baby here back in 1980?
Dire Straits with "Skateaway"?
That roller babe was HOT!
Youtube it...woot..oooops Laura sorry but I know you understand:)
Mark sings:
She tortures taxi drivers just for fun,she likes to read their lips,
says TORO TORO taxi see ya tomorrow my son.
Anyhow,back to stocks.
Still in short SIL,same size, 5400 shares @ average 2.55.
Short double position EFJI @ 1.80
Shorted CHCI @ .75 today,still holding,closed at .57,nice
Shorted SPAR today @ 3.50,down so far,will add more if green tomorrow.
Shorted GRRF today at 2.18
Still short CALC from 2.55 yesterday,going well at 2
And look at LOCM chart today.
Shorted at 2.90 after the huge spike to 3.90,flinched on the short at 3.50,still covered for nice gain after it turned RED..what a dog this one is...Scott hod list scores again...it was rollin' on it,never would have seen it otherwise
Tuesday, September 30, 2008
WATCHES 10/1
Shorted CALC in the afternoon @ 2.55
SIL UPDATE and LAST NIGHTS WATCHLIST KICKED BUTT!
Added another $4k short on the SIL green pop today at 2,coming down from 2.17.
I'm in now with $14k worth,average around 2.55 with 5400 shares.
At the closing price today of 1.72, gain is about $4400 so far.
With the dow up 500 points,still last nights watchlist smoked it,
24 watches, only 7 finished in the green.
The most amazing thing is,out of the 17 that finished red......11 were double digit losses with 6 red 20% or more.
The beat goes on
Monday, September 29, 2008
WATCHES 9/30
RZ VSE UQM BRCO CLCT OSK VLNC QTWW BCON PEIX ELRA ALTU DVAX VUOC CKEC HTM DLIA BPAX FLML CYPB BLUS DMAT PRVT CABN
CABN a big email pump by Beacon over the weekend.
Off last days watchlists JSDA MDTL CPSS ZVUE NMGC have taken big hits.
CCOW..I almost longed this eod...down 68% after gigantic Friday..may try tomorrow
SIL UPDATE
I added a 3rd full position today on the green spike on the way down at 2.49...now in over $10k with 3400 shares @ average price of 2.95.
With the 1.97 close at lod today up $3330.
This was a TRUE supernova,no way I scalped for .30 cents or whatever on just 1 full position...these don't come along often.
I said many times in chat I thought we'd see the 1's by Monday or Tues,today we did
Sunday, September 28, 2008
WATCHES 9/29
Gotta give props to Derffie on this one,plus Laura for posting the pre leaders to give one a jump start alert to watch,especially since it's a Pharma!
(Sep 26-09:18) Laura: Pre gainers: TKO RNCH TRMP PPHM ANPI IDEV MNDK SIL ARNA TOPS JBL COMV CSV TIBX
(Sep 26-09:43) Derffie: IDEV hod
At the time it was just sitting at 2
(Sep 26-09:46) Muddy: IDEV over 2
(Sep 26-09:50) Derffie: IDEV still rolling 2.18
(Sep 26-09:54) Muddy: IDEV 2.35
(Sep 26-09:57) Muddy: IDEV 2.5 cross
(Sep 26-10:14) Muddy: IDEV near 3
(Sep 26-10:16) Muddy: out IDEV 2.9...will watch if 3 cross
(Sep 26-10:17) dostoy: there ya go
(Sep 26-10:18) Muddy: back in 3.05
(Sep 26-11:00) Muddy: i'm still long for 2nd trade IDEV
IDEV hit a high of 3.80 just a little later.
I took 45% on the first trade from 2.02 to 2.90 and 16% from the 2nd trade, 3.05 to 3.55.
Total of 61% or $2400 from a stock that was no where near any of my watch lists until it hit pre after 9am Friday.
This is the kinda stuff that let Mike13th grow his account to $350k from $50k in a matter of months.
It's possible...this chat makes it easier....thanks to all that trade/alert here!!
HYDG,one day on red,yeah
CLSP...interesting chart,vol picking up,up to .19 from .065 two days ago
Thanks as always to Globalss for logging and posting the chat logs. Wealth of information in the logs.
HOLY CCOW !!
(Sep 26-14:54) Laura: CCOW hod, low float bank, 4 cross
(Sep 26-14:57) smartcap: nice call LAura
(Sep 26-14:58) Laura: whoa, I see, 4.25 now CCOW
(Sep 26-14:59) smartcap: yup..got in at 4.11
(Sep 26-15:52) Muddy: CCOW unreal pop
(Sep 26-15:54) Laura: hit 7
(Sep 26-15:55) Laura: 8
(Sep 26-15:55) fasttrader: freaking 9
(Sep 26-15:56) gboz: nuts
(Sep 26-15:56) shortchaser: unreal
(Sep 26-15:57) syl20: 10
(Sep 26-15:57) syl20: 11
Went on to hit a hod of 12.13 and close at 10.86 form the first alert at 4 cross.
"low float bank". Laura and I both know this one well...13th had posted quite a few times how these kind can move ...and MOOOOOOOve it did!
Just so everyone knows how I stand on SIL:
(Sep 26-09:43) seattle_guy: anyone thinking to short or reshort SIL now ?
(Sep 26-09:43) Muddy: i added on 3 breakdown
(Sep 26-09:50) Muddy: i'm holding SIL till next week with double position avg 3.35
With the close of 2.37,and with a 2x's position I'm up $2100
From the 9/25 post I said I was looking long on NMGC after it dropped 87% on Wednesday.
Then on Thurs it dropped another 36%
On Friday with a very tight spread and decent volume it closed up 150% after hitting hods of 210%
Thursday, September 25, 2008
WATCHES 9/26
NMGC down another 36%,wow
SIL continues down... to 2.56,chopped off another 20% today
VRML a watch 9/23 and 9/24 had that 3 day pattern,big 2 day run then open gap 3rd day then later in day went red where a few caught it in the 2.10/2.20 area got crushed today to .90 down 58%.
This pattern continues to be one of the best,especially for huge gains...imo if you are trading on a small account,these are the ones to wait for/play.
Leave the banks/financials to those who can afford to take the gamble with the larger accounts.
One big bad hit on those with the small acct can leave you with nothing to trade...no kidding.
Also from last nights watches UQM FRG JYHW finally cracked and all have more downside left imo.
And lastly there was TRX.
Yeah you are probably getting tired of hearing it a regular reader but it is simply amazing.
But I'm not tired of shorting it right out of the gate when it hits pre leader board.
Up 18% in pre it opened from yesterday close .24 to .28 and finished down 21% to .19 at lod.
Wednesday, September 24, 2008
WATCHES 9/25
On last nights watch,I had said this yesterday in the chat:
(Sep 23-12:35) Muddy: 2 stinking charts on the run NMGC.15 PRW .25
(Sep 23-12:59) Muddy: PRW hod .26..that and NMGC got bad charts,both have borrows when time(Sep 23-13:02) Muddy: NMGC .18(Sep 23-13:03)
Muddy: .19
Muddy: run stinker run,ha(Sep 23-13:06) Muddy: .20 woot NMGC
Sep 23-13:06) smartcap: holy crapiola....NMGC.....salivating.......
(Sep 23-13:06) Muddy: i know just hit .22
So I go short near eod after it drops back to .18,hoping for a gapdown on open.
Gapdown it did and more..it closed at .02!
-87% down.
Little bad news,eh?
Covered eod and looking to go long Thurs
As I'm sure everyone knows, SIL did the 3rd day pattern thing,gap open a bit,ran and then died ,finishing red,pretty reliable pattern on the big run charts
COINW faded great,spread stinks,but that's COINW,it's the price of admission on the super volatile one.
GBRC JSDA UQM FRG MDTL JYHW CNOA MVG GCHK CPSS WRSP RSOL TIXC HYDG NTRZ
UQM big 2 day run
CNOA,pump
JYHW finished hard last 2 days, a double in 4,one of the king of pumps
GCHK,Beacon emailing me telling me how great GCHK is gonna be...we'll see
CPSS, great run chart,1.22 to 2.22 in 5 days but that's not all
It actually spiked,I was watching it, to 2.74 right before the close
Spike it up at open,please..will make the short even better.
RSOL...2 bucks in 5 days..love the name,Real Goods Solar,ha
TIXC....5 whites in a row for almost a buck...watched it today,vol low but spread wasn't bad when I was watching
And HYDG!....just me but I love shorting under a dollar and this is super watch
From .04 to a hod today of .39 in 4 days,wow
Grabbed some shares on ib at .35,may short more tomorrow on red
Thanks to bcecil on chat for the alert,I never saw it till then (at .20 too,should have longed it ,oh well)
Dont trust this guys.....
December 18, 2008 9:09 PM