Wednesday, December 31, 2008

WATCHES 1/2

HSNI GRS MMPI KFN HTMX GOM EVC GASS EMAG CWST NFP IFX GMO BPZ SRI CKEC VTLP AOAG DNN KRY WGAT DDSS BLTI EMKR XTXI PNX ALY ABD CHLN CBAK TBBK PWER FCSX OCNF GBE CNO HGSI JNY EGLE HTZ

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

HSNI GRS CMLS IMAX VRNM MMPI SPIR KFN IDMCQ AGXM HTM HTMX GOM EVC GASS NFLD EMAG CWST NFP NLC SOL FIG LINE TSL IFX GMO AMCN BPZ OZM SMI SRI CKEC CAEI BPUR NEXM VTLP AOAG DNN KRY NURO

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

HSNI GRS WGAT CMLS IMAX LZR GTCB VRNM MMPI SPIR NUHC DDSS AWRCF KFN IDMCQ NEXC AGXM HTM HTMX TA

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

HSNI GRS WGAT CMLS IMAX SPAR HPSO PMU CVP LCAPA PLD PEI CYCC GOM OCLS LZR ALD JNY EVC GASS SRZ LIZ SIL COT DVGL GTCB MDTL JRT

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.....
Anonymous Anonymous said...

Dont trust this guys.....

December 18, 2008 9:09 PM

It's all timestamped plus look at the trades from my past blog posts where I say I'm in such a stock and I get big gains from them AFTER the post.
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

CBL GNV OESX CMLS WOLF SPAR PMU HPSO CVP LCAPA PLD RUS PHK BXC PEI PLAB TELK CYCC AVII ANPI IMAX

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

HSNI TRBCQ BIOD GRS WGAT EPIX HCD FBN PALM MMAB PHK GFG JAV CBL STV ANV BXC GNV VTG OESX CMLS CPY EMAG IMAX WOLF MBLX SPAR ANPI LFGRQ VIAP UIS HPSO CAR PMU

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

GRS QI WGAT HSNI AVR DDSS EPIX GBG HCD CRWN VGZ FBN IRE PALM ABH MMAB LEE PHK GFG JAV LVWR CBL NG RVI STV ANV NHWK

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

RVI WGAT HSNI SIL EGT RUS FED JRT ESIC AVR CADX MNC EVC TRBCQ CAV IFC ABCW LBY TUES SFN CHRS CMLS SSP BNE GRB BWS AHC ABD FTBK EAT PEI BKD FBC PEIX GNH SFI OXM BIOD DDSS MTG

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

RVI GRS EGLE QI WGAT HSNI SIL CADX NEXM EGT HSPO RUS ARYX FED JRT ESIC CVO APWR UNCL SUWN PTN AVR ACUS

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!

That old SNL running skit,if you watched back then,Hans and Franz,used to say that.

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

RVI GRS MAXY NG LMDIA DSX FCS EGLE NM GIGM TBSI TKTM GNA ARSD MHH HSNI DSCM ANSV TLLE SIFY GNK DVAX SAY OMN SIL TUES BFR SB CADX NVD NEXM IMPH NRGN XTLB CXZ EGT ANSV SMC NEOL CNST

EGT..big beacon email
NEOL..welcome back my old friend
MAXY..the energizer bunny,keeps going

Tuesday, December 16, 2008

WATCHES 12/17

all the fails are top watches.....

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

Knowing former runners...

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

CPE PGPDQ PDO RVI LSE MPG GIGM GRS DLKM MAXY NG LMDIA SIFY GGP GNK DSX FCS EGLE NM PAL TBSI NGD VGZ TKTM FREE QI WGAT GSS URRE MRNA GFRE GRZ ANO IVVI SSRI GNA

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

Some really good ones here for Monday I think;

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

PODD AKRX CPY CPE GSI ATPG BXG HWD CPD NGAS THMR PGPDQ TARR BUF FEED DSUP PLG PDO DIOD EDGR TAR OZN AGT NG TARR

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

ALL the fails from last watch Plus:

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

SRZ HIG DRYS XJT CCRT PODD CHUX GNW AKRX EXM CPY FREE CTZN EGLE CPE SBLK XCO GSI ATPG HOLI KEI OCNF SB CHK CX AKS HK GNK STEM DSX IVN OREX NNBR SPC KERX PWAV NOBL VNBC PDRT

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"

So I made a bonehead short of OREX Friday eod at 3.47.
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

HGSI..
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

SRZ NCT FCH PLD CMLS GRT SAH PRKR HIG DRYS OGXI PSS GRA ABG DXCM OMX ABD XJT BWS CCRT SBH PODD NZ PLA OFG SFD KAZ CHUX DAN PRM TRGT NFP GNW IESC TRW AKRX SIFY RVI DDR EXM

SIFY had huge last few minute run

NEW HIGHS IN CHAT

171 folks in chat.
NICE!

Saturday, December 6, 2008

WATCHES 12/8

A bunch of stocks climbing rapidly right now,I'm listing my top 40 that when they start to decline should be worth the effort of following them.
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

MTL PLA STSI PLD SAH ABD CRMT CCRT YRCW ASPM OGXI CHP BZH OWW TLB SIFY DXCM PRKR SFI PSS GRT FSNM BWS PRXI SFD RDN GRA GGP OFG PGPDQ HSPO CIT ANN PMI HGSI MTH PODD CHIC ZBB PTSI

Wednesday, December 3, 2008

WATCHES 12/4

PLA STSI PLD CCRT SWC ABR MTL C RUTH ABD BC HRP PLX CLP IMP BEE PBSO CRMT YRCW SGLP PGI ASPM CROX F OGXI INTX UPFC CHP PPO ASTI BZH FBN IFLO OWW LAVA MIC WWEI CAR PURO QTWW

WHAT YOU NEED

Seeing all the talk about FRZ on various blogs,I gotta post this..
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

TSTR MESA FRZ PLA FCH STSI PLD CCRT SWC ABR SAH MTL C OCNF RUTH IDAR RAS CNB ABD BC HRP BBX PLX ATX CLP NFP CBK IMP BEE FRP ROHI AASI PBSO FLE INO GSX CRMT

CHECK THIS OUT!

http://www.traderinterviews.com/index.html
Dec. 2nd

Monday, December 1, 2008

WATCHES 12/2

FRZ YRCW SGLP NT RMBS EGY PGI ASPM XING PLA ACMR WZE CROX FORD NWK VLGAY SMP LCRY DYMTF GNBT CHC XTLB TSTR WWON MESA

My Dual Monitor Setup

Chat and Interactive Brokers on the left, Scott on the right.

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!

Check Out Short List From Friday, Nov. 28th

Friday's short watchlist, a.k.a. why you don't always need a new list for potential plays.