Monthly Archives: October 2007

Tim Sykes' An American Hedge Fund

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I had pre-ordered Tim Sykes‘ An American Hedge Fund a while back, I received it late September and finally got around to reading it all this weekend.

Tim is the trader who started Cilantro Fund Partners LP from capital he made on the market. He started trading the $12,415 from his Bar Mitzvah and turned it into $1.65 million between 1999 and 2002, managed his short bias hedge fund from 2003 to 2006 and starred in the TV documentary Wall Street Warriors on MOJO.

Tim’s book was very entertaining. It is loaded with anecdotes about his life, his trading and his decisions. With the trades and the decisions, he took pride in highlighting the good but took no shame is also highlighting the bad. It make the book a great insight into his life and his passion, the stock market.

I did not always agree with Tim’s underlying message on how SEC regulation on hedge fund publicity and advertising can prevent small guys from succeeding. Although it is nice to help smaller players, I think the SEC does have a key role in protecting the general public and the field of investors. But it took nothing away from the book. The last chapter alone, “Lessons Learned”, is a goldmine of facts Tim learned the hard way and is now sharing with the readers.

I would recommend the book to anyone interested in the market. Do not look for precise recipes for success shorting Pink Sheets and Bulletin Board stocks but keep an open mind and you will learn plenty from a fellow trader.

Candidates for 10/22/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071019 AMED 36.75 35.46 411300 1, 2
20071019 ASH 63.27 62.90 797238 1
20071019 AXS 38.69 36.60 843962 1
20071019 CELG 69.96 60.05 4010009 1, 2
20071019 CERS 9.12 6.74 288066 1
20071019 COGT 14.42 13.63 689560 1, 2, 4
20071019 CPO 45.04 40.07 744570 1
20071019 CTB 22.41 21.71 1157818 1
20071019 CYPB 13.56 11.13 666430 1
20071019 DCI 39.53 36.78 412458 1, 2
20071019 DDM 93 90.22 365895 1, 2, 3, 4
20071019 ENH 38.96 37.88 626128 1
20071019 EXC 75.14 71.35 4274060 1
20071019 EXG 17.01 -1 707896 1
20071019 EXPE 32.64 25.85 3601990 1
20071019 FAF 34.3 -1 1279724 1
20071019 FAST 41.67 41.33 1307876 1
20071019 FE 65.51 64.70 2406141 1, 2
20071019 FRP 18.33 18.32 308814 1
20071019 GWW 89.16 84.43 661710 1
20071019 HON 58.32 53.57 4836424 1, 2, 3, 4
20071019 HUB/B 53.78 52.29 297378 1
20071019 IFSIA 17.6 17.27 543060 1, 2, 3, 4
20071019 IO 14.55 14.14 931993 1, 2, 3, 4
20071019 ITW 56.28 53.67 2393030 1, 2, 3, 4
20071019 JKHY 26.46 24.77 645383 1
20071019 KBE 49.5399 -1 883901 1, 2, 3, 4
20071019 KDN 51.15 48.14 349913 1, 2
20071019 KR 28.01 27.58 5957267 1
20071019 LAMR 50.61 -1 1257651 1
20071019 LMNX 15.66 13.85 288458 1
20071019 LMT 106.16 98.75 2416293 1, 2
20071019 MA 151.6 132.08 3590992 1
20071019 MATK 28.94 24.26 496931 1
20071019 MFE 37.19 33.20 1530785 1
20071019 MGA 90.09 84.61 583648 1, 2, 4
20071019 MLNX 20.8 -1 291026 1
20071019 MM 53.57 45.5347 332034 1
20071019 MXGL 27.07 -1 485844 1
20071019 NLC 28.12 25.58 1181078 1, 2
20071019 NOVL 7.6 7.27 4855839 1
20071019 NSH 30.93 -1 250291 1
20071019 OC 23.83 -1 809221 1
20071019 ORCL 20.75 19.11 32061876 1
20071019 OSK 58.26 57.05955 793093 1, 2
20071019 PCS 21.92 -1 1508596 1
20071019 PHLY 42.97 42.30 336118 1
20071019 PRM 9.25 5.84 478413 1
20071019 PWER 5.2 5.07 566229 1, 2
20071019 QXM 11.2 -1 382152 1
20071019 RATE 44.18 42.17 477969 1, 2, 3, 4
20071019 RE 106.99 101.70 528621 1
20071019 RJF 32.51 31.68 863678 1
20071019 RNR 61.65 56.56 645537 1
20071019 ROK 66.39 65.78 1336016 1, 2
20071019 RRR 13.91 -1 333108 1, 4
20071019 RTN 63.03 55.95 2798238 1
20071019 SBNY 33.07 33.04 277358 1
20071019 SCUR 9.23 8.18 738732 1
20071019 SFG 49.71 48.6048 291750 1, 2
20071019 SONO 32.3 30.23 282150 1
20071019 TASR 15.6 11.50 3827259 1
20071019 TLK 49.51 45.09 315966 1, 4
20071019 TOPT 5.94 5.73 613029 1
20071019 TSL 50.41 47.68 1448177 1, 2
20071019 UA 53.86 52.66 1483839 1, 2, 3, 4
20071019 WFMI 47.25 43.74 3112872 1
20071019 WGL 32.78 32.7708 469188 1, 2
20071019 WTW 52.39 51.25 353423 1
20071019 XFML 7.05 -1 1112860 1
20071019 XOMA 3.59 3.02 1705070 1
20071019 ZUMZ 43.54 39.96 702128 1

links for 2007-10-19

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Candidates for 10/19/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071018 ANF 79.19 77.8357 1987032.03 1
20071018 ASH 64.43 62.9236 799708.2 1
20071018 BBND 5.59 -1 668283.52 1, 4
20071018 BEZ 41.78 41.6724 594857.09 1
20071018 DLTR 39.02 38.829 1415124.33 1
20071018 EXG 17.13 -1 704817.02 1
20071018 GDI 38.5 38.48575 442589.65 1
20071018 HRH 44.74 44.6413 261563 1
20071018 KBE 50.69 -1 850473.8 1
20071018 LAMR 51.8 -1 1244295.51 1, 4
20071018 LMT 109.01 98.67315 2406301.73 1
20071018 MAC 88.3 88.2832499999999 713064.59 1
20071018 MM 54.15 45.4588 333200.08 1, 2
20071018 NSH 31.4 -1 250631.2 1
20071018 OC 24.47 -1 809510.2 1
20071018 ORCL 21.43 19.0899325 31945000.13 1
20071018 PCS 22.1 -1 1490583.28 1, 2, 3, 4
20071018 QXM 12.18 -1 376655 1
20071018 ROK 67.81 65.7538 1332017.38 1, 2
20071018 RRGB 40.04 39.5861 356886 1
20071018 SBNY 33.77 33.0354245 276788.46 1
20071018 TJX 28.9 28.5327 4357187.1 1
20071018 TOPT 6.1 5.733209 615876.24 1
20071018 UA 56.03 52.6376 1460254.15 1
20071018 WCRX 18.3 16.8132545 555929.38 1
20071018 WGL 33.64 32.7702 468328.41 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/18/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071017 ANF 79.75 77.79505 1992443.03 1
20071017 ATS 2.7505 1.920029 263881.28 1
20071017 AVX 16.43 16.0556 380186.41 1
20071017 BBND 5.85 -1 660363.27 1, 2, 4
20071017 BEZ 41.85 41.62975 595967.09 1
20071017 BPHX 18.8 10.4375965 508321.24 1
20071017 CR 46.7 42.63151 311892.13 1
20071017 CSIQ 10.05 9.891619 305965.55 1
20071017 EXG 17.19 -1 700142.32 1
20071017 FDS 70.7 62.7531 394680 1
20071017 FRT 86.63 86.3316500000001 433227 1
20071017 GDI 38.67 38.47535 443082.65 1
20071017 HCN 43.73 42.9002 849906.44 1
20071017 IR 51.8 48.27245 2763004.55 1
20071017 KBE 51.27 -1 842650.8 1, 2, 3, 4
20071017 KTC 23.64 23.51655 496756.79 1
20071017 LAMR 52.04 -1 1221717.53 1
20071017 MAC 88.69 88.2768499999999 720359.59 1
20071017 MLI 33.97 33.2562 286290 1
20071017 MM 54.23 45.3818 334040.08 1
20071017 MMPI 4.61 -1 269215.36 1, 2
20071017 NNN 24.64 23.7336 798557.2 1
20071017 OC 24.59 -1 809577.2 1
20071017 OMG 53.45 50.56285 740759.48 1
20071017 ORCL 21.49 19.0703325 31891652.83 1, 2
20071017 PPH 80.49 80.416708 899644 1
20071017 ROK 68.81 65.7194 1325265.38 1
20071017 RRGB 40.12 39.5609 360977.56 1
20071017 SBNY 33.98 33.0214745 275970.58 1
20071017 SEED 9.95 8.61603500000001 716435.06 1
20071017 TOPT 6.18 5.726059 618404.15 1
20071017 WCRX 18.5 16.7915545 558057.82 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/17/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071016 ACGY 26.81 22.7655005 547777.39 1, 2, 3, 4
20071016 AIR 31.33 30.94595 506995.3 1
20071016 AOC 44.82 40.5941 1865676.8 1
20071016 ATS 2.9 1.9140265 259112.28 1
20071016 BBND 5.97 -1 648801.13 1
20071016 BGY 17.68 -1 289117.38 1
20071016 BWA 93.66 80.412025 406032 1
20071016 CCL 48.45 47.9242 3666675.19 1, 2
20071016 CCMP 43.8 36.4244 334481.97 1
20071016 CNI 51.9 50.13835 1191924.53 1, 2
20071016 CR 47.25 42.580525 310590.13 1
20071016 DXCM 8.84 8.39535 311378.06 1
20071016 EMR 52.66 46.7069 2952610.18 1
20071016 EXG 17.23 -1 696127.32 1
20071016 FDG 39.5 28.3097875 908749.52 1
20071016 FRO 43.28 40.16329 1480207.2 1
20071016 FRT 87.14 86.3235000000001 431705 1
20071016 GE 40.77 37.65265 39324691.07 1
20071016 GNTA 1.1 0.543889 1042488.4 1
20071016 GNTX 20.74 18.46365 1215165.44 1, 2
20071016 HCN 44.1 42.89665 849320.44 1
20071016 IDC 29.67 26.54815 291024.99 1
20071016 IR 52.46 48.2091 2764619.55 1
20071016 KBE 51.28 -1 822170.8 1, 2
20071016 KMT 80.94 73.2456 423792.4 1
20071016 KTC 23.8 23.5251 496555.79 1, 2, 3, 4
20071016 LAMR 52.66 -1 1214194.03 1
20071016 MLI 34.47 33.24485 285157 1
20071016 MMPI 5.08 -1 267336.04 1, 2
20071016 NNN 24.74 23.72515 792931.2 1
20071016 NYB 18.19 17.43379 2666210.85 1
20071016 O 27.93 27.359 814631.9 1
20071016 OC 24.69 -1 807539.2 1
20071016 OSUR 10.16 8.3531 349086.34 1
20071016 PACR 17.37 -1 596126.9 1
20071016 PCL 40.98 40.87535 1382245.46 1
20071016 PPH 80.5 80.399008 898657 1
20071016 RRGB 40.36 39.53955 397752.88 1
20071016 RS 52.85 51.9891 1123205.08 1
20071016 SAFM 39.52 38.72575 500006.56 1
20071016 SBAC 34.08 31.3301245 1245902.99 1
20071016 SBNY 34.44 33.0064745 275096.48 1
20071016 SO 36.13 36.10195 4467985.24 1
20071016 STE 28.17 27.585 532814.61 1
20071016 STLD 44.9 42.227194 1909053.68 1
20071016 SUF 7.61 4.548795 478617 1
20071016 TCO 56.14 54.84065 475426 1
20071016 TKR 36.73 32.8125 544362 1
20071016 TOPT 6.22 5.718409 619480.25 1
20071016 TTC 56.5 54.95035 315515.59 1
20071016 UCBH 18.66 18.191349 1444306.04 1
20071016 UMC 3.8 3.3968 6737760.02 1
20071016 VTIV 41.07 38.02155 292402.75 1, 2
20071016 WFSL 24.51 24.244025 553157.99 1, 2, 3, 4
20071016 WOR 23.72 20.86255 1049240.99 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/16/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071015 ASF 38.32 36.45135 338262 1
20071015 CNI 53.29 50.09615 1190258.53 1
20071015 CR 48 42.52754 312296.13 1
20071015 ETN 93.04 88.81975 1257315.92 1, 2, 3, 4
20071015 FNFG 13.92 13.8846 991299.13 1
20071015 FRT 88.63 86.3088500000001 432465 1
20071015 IR 52.58 48.1431 2765120.05 1
20071015 KTC 23.97 23.5327 493155.79 1, 2
20071015 LAMR 53.19 -1 1212165.71 1
20071015 MLI 34.61 33.23065 285134 1
20071015 MMPI 5.21 -1 266761.53 1
20071015 MNT 45.45 45.02235 851065.13 1
20071015 NHP 30.3 30.01715 1262983.98 1
20071015 RRGB 40.84 39.518 399594.98 1
20071015 STXS 13.27 12.0729 298218.78 1, 2
20071015 SUNH 15.56 13.9670005 461238.09 1
20071015 TKR 36.75 32.7779 546627 1
20071015 TNB 57.57 54.296 624753.5 1
20071015 TOPT 6.55 5.711509 618480.37 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/15/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071012 ASF 38.87 36.4751 338114 1
20071012 ASTI 15.27 7.9337855 484196.62 1
20071012 CSL 46.37 44.85765 320562 1
20071012 ELNK 7.56 7.4194255 2367735.73 1
20071012 FRT 90.9 86.2849500000001 431995 1
20071012 IIG 23.15 22.257617 296111.91 1
20071012 IR 53.08 48.07635 2769080.05 1
20071012 KTC 24.35 23.54335 494461.79 1, 2
20071012 MLI 35.3 33.21495 284246 1
20071012 MMPI 5.55 -1 267120.26 1
20071012 MNT 45.67 45.0479 851942.13 1
20071012 MR 38.55 29.1734 776183.15 1, 2
20071012 NHP 30.89 30.01485 1275216.08 1
20071012 OHI 16.57 16.5356 445403.85 1, 2
20071012 RRGB 41.75 39.4929 398685.18 1
20071012 SHPGY 70.75 69.3287495 719566.66 1, 2, 3, 4

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/12/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071011 BLUD 37.97 31.610849 896325.11 1
20071011 CEDC 47.15 34.9337375 536482.94 1
20071011 ELNK 7.6 7.4175755 2383934.83 1
20071011 EMKR 9.43 6.0389495 1000382.16 1, 2, 3, 4
20071011 FNM 65.95 61.13505 7055252.8 1, 2
20071011 MBLX 22.42 20.95011 256392.14 1
20071011 MNT 46.08 45.0713 853214.49 1
20071011 UAPH 30.55 27.4921 472922.35 1
20071011 WPI 30.44 29.51705 1057110.27 1
20071011 XTXI 37.97 31.30205 319354.09 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 10/11/2007

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Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071010 CG 83.2 75.0841 787604.46 1
20071010 ELNK 7.71 7.4149755 2425406.11 1
20071010 MW 48.48 47.47605 699968.37 1, 2
20071010 WPI 31 29.4949 1064306.19 1, 2

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!