SWING WATCHLIST
Long: CC CDWC CELG ENER ERJ
Short: NONE
DUMMY WATCHLIST
Long: ANF AVCT PLCE
Short: AMD ITW JNC
Long: CC CDWC CELG ENER ERJ
Short: NONE
DUMMY WATCHLIST
Long: ANF AVCT PLCE
Short: AMD ITW JNC
Wednesday, October 25, 2006
Tuesday, October 24, 2006
Trade Plan for 2006-10-24
SWING WATCHLIST
Long: CROX NYX AIV BDX BYD PCP
Short: BCO CMX CVH ESRX
DUMMY WATCHLIST
Long: APH CHTT
Short: AMD JNC VMC OSG
Long: CROX NYX AIV BDX BYD PCP
Short: BCO CMX CVH ESRX
DUMMY WATCHLIST
Long: APH CHTT
Short: AMD JNC VMC OSG
Monday, October 23, 2006
Trade Plan for 2006-10-23
Account Exposure: 75%
Cash Position: 25%
Risk/Position:2%
Cash Position: 25%
Risk/Position:2%
Momentum Watchlist
RIMM - a few days of consolidation would do this stock goood. However, the price action from yesterday shows that there are some serious buyers for this stock. Buy point is when price clears $115.25
NIHD - maybe forming the HANDLE and could trade within the range until earnings announcement .
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
ATI - nice looking bull flag but few more days before it moves out of thi range would be good.
CRM - stock is building the right side of a cup & handle base.
PCP - another cup & handle base
NIHD - maybe forming the HANDLE and could trade within the range until earnings announcement .
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
ATI - nice looking bull flag but few more days before it moves out of thi range would be good.
CRM - stock is building the right side of a cup & handle base.
PCP - another cup & handle base
Swing Watchlist
Long: CMG FFIV GES GRMN CMED ISRG
Short: VAR MHS
Dummy Watchlist
Long: CHRW MHP NVEC
Short: HCR COH
Market Observations
Short: VAR MHS
Dummy Watchlist
Long: CHRW MHP NVEC
Short: HCR COH
Market Observations
- Latest price action for OIL SECTOR and OIL WELL SERVICES suggest that a possible bottom could be in place
- Ditto for HOME BUILDERS
Thursday, October 19, 2006
Trade Plan for 2006-10-19
Account Exposure: 50%
Cash Position: 50%
Risk/Position:2%
AAPL - after adding some shares after-market last night to my existing swing position, I'm looking to get some more of this if it can hold and remain above the latest buy point at $78.
Cash Position: 50%
Risk/Position:2%
Momentum Watchlist
AAPL - after adding some shares after-market last night to my existing swing position, I'm looking to get some more of this if it can hold and remain above the latest buy point at $78.
RIMM - a few days of consolidation would do this stock goood. However, the price action from yesterday shows that there are some serious buyers for this stock. Buy point is when price clears $115.25
NIHD - maybe forming the HANDLE and could trade within the range until earnings announcement which would be next week.
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
CMI - nice looking flag after a big run-up indicates more upside potential for this stock. Buy point at $139 was triggered but move is sluggish
CMG - price is consolidating in a flag pattern after strong breakout from downtrend channel. Buy point at $58 as price clears the top of the consolidation
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
NIHD - maybe forming the HANDLE and could trade within the range until earnings announcement which would be next week.
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
CMI - nice looking flag after a big run-up indicates more upside potential for this stock. Buy point at $139 was triggered but move is sluggish
CMG - price is consolidating in a flag pattern after strong breakout from downtrend channel. Buy point at $58 as price clears the top of the consolidation
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
Swing Watchlist
Long: none
Short: CHE,ACL,BOOM
Dummy Watchlist
Long: none
Short: HCR
Market Observations
Short: CHE,ACL,BOOM
Dummy Watchlist
Long: none
Short: HCR
Market Observations
- Latest price action for OIL SECTOR and OIL WELL SERVICES suggest that a possible bottom could be in place
- Ditto for HOME BUILDERS
Wednesday, October 18, 2006
Trade Plan for 2006-10-18
With market action yesterday, all I can say is CHOP-CHOP!!! Earning season and option expiration usually brings out this kind of price movement. I'm just glad that I moved quickly to more than 50% cash position after a big run up. Currently watching from the sideline for new positions.
Account Exposure: 30%
Cash Position: 70%
Risk/Position:2%
Account Exposure: 30%
Cash Position: 70%
Risk/Position:2%
Momentum Watchlist
Long: AMGN, FFIV, CBEY,TOL
Short: nada
Dummy Watchlist
Long: FOXH,AMX
Short: OSK
Observations
RIMM - a few days of consolidation would do this stock goood. However, the price action from yesterday shows that there are some serious buyers for this stock. Buy point is when price clears $115.25
NIHD - maybe forming the HANDLE and could trade within the range until earnings announcement which would be next week.
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
CMI - nice looking flag after a big run-up indicates more upside potential for this stock. Buy point at $139
CMG - price is consolidating in a flag pattern after strong breakout from downtrend channel. Buy point at $58 as price clears the top of the consolidation
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
Swing WatchlistNIHD - maybe forming the HANDLE and could trade within the range until earnings announcement which would be next week.
GENZ - the drop after the earning announcement was concerning but the latest price action shows that strong hands are buying this stock. Buy point when price clears a major resistance at $71 area
FMD - high tight flag is forming after a big run-up. Buy point to add to my existing swing position is when price clears $71.70
CMI - nice looking flag after a big run-up indicates more upside potential for this stock. Buy point at $139
CMG - price is consolidating in a flag pattern after strong breakout from downtrend channel. Buy point at $58 as price clears the top of the consolidation
MTH - despite all the hoopla about the housing bubble, house/construction stock has been fairing better. This would could be forming the right side of a cup and handle base. Buy point is when price clears $48
VIP - High tight formation after run-up indicates more upside momentum is in the works. Buy point is when price clears $64 on a strong volume
Long: AMGN, FFIV, CBEY,TOL
Short: nada
Dummy Watchlist
Long: FOXH,AMX
Short: OSK
Observations
- Latest price action for OIL SECTOR and OIL WELL SERVICES suggest that a possible bottom could be in place
Tuesday, October 17, 2006
Trade Plan for 2006-10-17
New Momentum positions
VIP,WCC
Action plan for today:
1. Trail the following positions:X,UARM
VIP,WCC
Action plan for today:
1. Trail the following positions:X,UARM
Momentum WatchList
AEOS,AKAM,BLUD,BYD,CELG,HOLX,NIHD,RIMM,CMG,SEPR
Swing WatchList
Long : AMGN,GES,NRPH
Short: SIRF,MRVL,EYE,ABAX,CHE
Daily Journal
-inurl:(htm|html|php) intitle:"index of" +"last modified" +"parent directory" +description +size +(wma|mp3) "APO"
Daily Journal
- Just 60 minutes into the trading day and the onslaught is unwavering. Several of my positions got stopped right away such as VIP ( -$.80), GES, GYMB, FLSH, SNDK. WCC is being threatened.
- I sold all of my BOT swing position at $154 for $24+ gain.
- Sold WCC at break-even
- Bought RVBD at $20.50...not in original tradeplan....noticed it from real-time scan
-inurl:(htm|html|php) intitle:"index of" +"last modified" +"parent directory" +description +size +(wma|mp3) "APO"
Monday, October 16, 2006
Trade Plan for 2006-10-16
I closed the following positions last week:
GS - sold 3/4 of the position because it could base for 2-3 weeks after big move
MER - same here
CROX - and here
ICE-and here
TOL,BHS,MTH - gap down last Friday is too much to not give in
And moved the money to these positions:
GYMB, GES,X,LVS,BDC,BEAV,EME,FLS,SNDK,FLSH,ERJ
Action plan for today:
1. Sell 3/4 of ATI position before close
2. Tighten stop on X as it approaches resistance
3. Close ANF, sluggish price action
4. Close JWN, see reason for #3
GS - sold 3/4 of the position because it could base for 2-3 weeks after big move
MER - same here
CROX - and here
ICE-and here
TOL,BHS,MTH - gap down last Friday is too much to not give in
And moved the money to these positions:
GYMB, GES,X,LVS,BDC,BEAV,EME,FLS,SNDK,FLSH,ERJ
Action plan for today:
1. Sell 3/4 of ATI position before close
2. Tighten stop on X as it approaches resistance
3. Close ANF, sluggish price action
4. Close JWN, see reason for #3
Momentum WatchList
RIMM,WCC,VIP,CMI,CMG,ICE
Swing WatchList
Long : NYX, MNST,CHTT,FMD,CXW,KOSP
Short: ???
Tuesday, October 10, 2006
Trade Plan for 2006-10-10
No post yesterday due to some personal matter but here is summary of what I did yesterday.
I closed half of the following positions yesterday:
ICE - could base for 2-3 weeks after big move
RIMM - same here
BOT - gap down force my hand to cut my position
And moved the money to this positions:
GOOG - initial buy at $410 after it cleared the handle of a cup & handle congestion. Bought some more at $424 yesterday.
CME - bought at $495 area, this could be the next flier in the exchange sector.
ATI - has been waiting for this stock. It finally cleared $66.10 which was my buy point
Swing WatchList
Long : AAPL, AEOS
I closed half of the following positions yesterday:
ICE - could base for 2-3 weeks after big move
RIMM - same here
BOT - gap down force my hand to cut my position
And moved the money to this positions:
GOOG - initial buy at $410 after it cleared the handle of a cup & handle congestion. Bought some more at $424 yesterday.
CME - bought at $495 area, this could be the next flier in the exchange sector.
ATI - has been waiting for this stock. It finally cleared $66.10 which was my buy point
Momentum WatchList
VIP - if could clear 63.70 which will be my buy point to add from my existing SWING position
GENZ - Has been getting ready to move out of congestion for a while.
CEPH - could clear the big base but might ran into some selling due to steep price move from the bottom.
Added: 10:00 AM
ERJ - buy above $42.25
CROX - buy above $32
NDAQ - buy above $32.50
GENZ - Has been getting ready to move out of congestion for a while.
CEPH - could clear the big base but might ran into some selling due to steep price move from the bottom.
Added: 10:00 AM
ERJ - buy above $42.25
CROX - buy above $32
NDAQ - buy above $32.50
Swing WatchList
Long : AAPL, AEOS
Friday, October 06, 2006
Trading Plan for 2006-10-06
I finally closed all my positions in these stocks:
AKAM - momentum seems to be slowing down and might be ready to move into a base building phase.
BEBE - reversal bar yesterday did not sit well with my stomach.
AEOS - another stock that might be going into base building phase.
AAPL - closed position even though the stock still look strong. Hopefully price activity will pick up after earnings.
RL - just have to close one more retail position.
All those positions that I have closed are still looking good but I have to free up some cash and move it to new opportunities such as:
ANF - increased my position after the price cleared the resistance line to all time-high
BOT - increased position as price stabilized at $130
ICE - increased my position as price moves to all time high
NIHD - increased position as price started to move out of the high range of the GAP candle.
RIMM - waiting and watching for another buy point to double position
VIP - started as a swing position. Bought some more after it cleared a descending channel
AKAM - momentum seems to be slowing down and might be ready to move into a base building phase.
BEBE - reversal bar yesterday did not sit well with my stomach.
AEOS - another stock that might be going into base building phase.
AAPL - closed position even though the stock still look strong. Hopefully price activity will pick up after earnings.
RL - just have to close one more retail position.
All those positions that I have closed are still looking good but I have to free up some cash and move it to new opportunities such as:
ANF - increased my position after the price cleared the resistance line to all time-high
BOT - increased position as price stabilized at $130
ICE - increased my position as price moves to all time high
NIHD - increased position as price started to move out of the high range of the GAP candle.
RIMM - waiting and watching for another buy point to double position
VIP - started as a swing position. Bought some more after it cleared a descending channel
Thursday, October 05, 2006
Trading Plan for 2006-10-05
Major Open Positions
Momentum WatchList
No watchlist available today
Swing WatchList
Swing WatchList
No watchlist available today
Tuesday, October 03, 2006
Trading Plan for 2006-10-04
Major Open Positions
NIHD, RIMM, BEBE, AKAM, GRMN, AEOS
NIHD, RIMM, BEBE, AKAM, GRMN, AEOS
Momentum WatchList
Swing WatchList
LONG SwingList: TALX FNF URBN AAPL VIP SLM NVDA
SHORT SwingList: MHS
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