Sunday, November 30, 2008

THIS IS JUST TOO FUNNY

if you have the sense of humor I have.
Thanks to JV for alerting us in the chat tonight!
It's classic!

http://hotchickswithdouchebags.com/

ANOTHER NICE SCAN

looks good with the market rebound we've had so far...
courtesy of Johnny Vento

white candles at lbb with "tailage"

Saturday, November 29, 2008

ANOTHER COLD WINTER DAY

Here in NJ...come on summer...racing in the streets.
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

Now that the market is starting to turn around a bit (so far) this scan can find some nice potential longs,if one waits for green.
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 start off a new week/month there are tons of great short watches...
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

My top watches out of a long list.....

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

We've just added Adam Brooks' Blog to our side bar.
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

A bunch to start the week off...

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

A couple of good links below that discuss short selling and how true short squeezes develop.

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

ERI IPG RMTI XIDE DEPO DRL BIDZ GYMB OPK ARTG NED PERY INWK WRSPQ LTXC BUF MCGC ROIAK HZO STEC

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

PLG RMTI HZO GOL COGT SIRF BAA ABD SNR OREX STEC ABG SNMX DCTH CHB OZN KOG SORC

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

PAET FONR GTE RMTI BTIM SMCI PLG IDMI HZO NUHC CNO STXS BC CQB FRPT GOL COGT PHH VCI SIRF GU PTIX CRESY GBX MNI CCRT ARWR DGLY AGYS RBCN ACLS CDL BAA GOTT

The first 6 are failures from yesterday

Monday, November 17, 2008

WATCHES 11/18

ARTG PAET FUQI FONR GGC LVS ENZN GGP FCMC GTE TARG CGYV VISN RMTI BTIM SMCI PERY SPSN CHIP GNOLF

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

FTBK LEA CHIC CTCM ATAI HTX PLA HPT CCO GNVC SNMX HZO RGM FORC HQS GRLY ABPI AFF XFP AVF ORBK CCO KAD

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

AFFM GLBC AEL CPHL SNTS WGW BGS PNCL RNNM INSM SOMX SPC AFF XFP AVF SGTPY STEM SWHC FULT TSO CHU EGLE ACH CROX YZC BVN FRPT XIN GFG ETEL TCM ORBK ASTM PUDC PURO

Sunday, November 9, 2008

WATCHES 11/10

RUTH NCT VRS CNO PRSC OMN AFFM AES PRKR PDGI HRZ CBG NCEN GLBC VTIV AEL CPHL ZYXI LL IIJI AEG PRVT SNTS WGW BGS PNCL CEGE RNNM ALJ MOVE ACLS BLGM INSM FTRS ACW SOMX SIRF

Thursday, November 6, 2008

WATCHES 11/7

haven't posted in a few days cause so many to watch...but from the looks of our new InvestorsLive chat,you folks are getting this how to look for them....a bunch of great alerts there and just getting better.

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

20 stocks that have doubled+ in the last 2-3 days................

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

LAD LVS PNK CT SPPI NOA TMM MF SPSN VGZ NFLD RDN MTG TWTC MNC SVVS HERO MGM PMI MTL TEN BEE UMC LPL SAH DDR RTI ACAS GKK MALL FDML FR ODP OMX LNG AEA PLA CVI AGM ASFI MERC ANV FRGB FPFC IRE AXL FIG TTM SMOD LCAV STC SCA IBAS SWHC TA BGS EYE BZH LAVA PRKR

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!

Something new! We are partnering with our fellow bloggers/traders at Investors Live.

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.