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.