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 |
| 20080214 | VTA |  |
14.1 | -1.00 | 417812 | 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!
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 |
| 20080213 | VTA | |
14.49 | -1.00 | 416292 | 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!
My trades are not always good, far from it. I am still a serious student when it comes to the market. But sometimes I get success, not only because I made money on the trades but because I followed my plan and it paid off. Sometimes, I get very happy getting stopped out of my trade and seeing the price drop further. Even if I lost money, I have the satisfaction of knowing I could have lost a lot more and I am happy my system worked.
In this case, it was actually a good trade though. This was my second successful attempt trading a dip trip. The daily chart had showed a nice uptrend from mid-January to early February. I picked CEF on my list half-way through the drop. I waited for a decent entry signal which came in the form of a gap open on 2/6 with a MACD crossover and several other indicators. This was all happing right around the 50-60% pullback mark on the Fibonacci grid. My order was ready overnight on 2/5 so I was stopped in pretty early on, giving me a good entry for once. This allowed me ride the down movement on 2/6 not too worried about the outcome.
After getting in, I rode the uptrend as much as I could. My stop was following closely with the price-action and I was eventually stopped out. At first, I thought it was a premature exit and the high open the next day got me worried. But it turned out to be an an exhaustion move and the prices declined quickly after. So I missed some of the price at the entry and some at the exit but overall, I covered quite a bit of movement on the trend and I am very happy with this trade overwall: good entry, good exit and the system worked as expected.
These encouraging charts keep me coming back for more.
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 |
| 20080212 | GEOY | |
31.04 | 25.92 | 367553 | 1 |
| 20080212 | TDC | |
21.75 | -1.00 | 1464519 | 1, 2, 3, 4 |
| 20080212 | VTA | |
14.86 | -1.00 | 414347 | 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!
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 |
| 20080211 | CMGI | |
11.21 | -1.00 | 3170027 | 1 |
| 20080211 | FBCM | |
7.2 | -1.00 | 275908 | 1 |
| 20080211 | GEOY | |
32.04 | 25.86 | 370196 | 1 |
| 20080211 | IBN | |
54.92 | 52.94 | 2714928 | 1, 2 |
| 20080211 | IVZ | |
25.21 | -1.00 | 2996693 | 1 |
| 20080211 | PFGC | |
30.76 | 29.84 | 438573 | 1 |
| 20080211 | RATE | |
45.32 | 44.76 | 563210 | 1 |
| 20080211 | SATC | |
1.41 | 1.32 | 338511 | 1, 2 |
| 20080211 | SLT | |
18.54 | -1.00 | 2012008 | 1, 2 |
| 20080211 | TDC | |
22.6 | -1.00 | 1428175 | 1 |
| 20080211 | VTA | |
15.28 | -1.00 | 413552 | 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!
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 |
| 20080208 | APPY | |
5.9401 | -1.00 | 317936 | 1, 2, 3, 4 |
| 20080208 | FBCM | |
7.31 | -1.00 | 275694 | 1 |
| 20080208 | IBKR | |
31.67 | -1.00 | 817633 | 1 |
| 20080208 | IBN | |
55.28 | 52.90 | 2705356 | 1 |
| 20080208 | INFN | |
12 | -1.00 | 782295 | 1 |
| 20080208 | IVZ | |
25.64 | -1.00 | 2974617 | 1 |
| 20080208 | MBT | |
77.26 | 72.82 | 1661169 | 1 |
| 20080208 | MC | |
20.75 | 19.38 | 398838 | 1 |
| 20080208 | MLNM | |
13.82 | 11.97 | 5679623 | 1 |
| 20080208 | PFGC | |
30.87 | 29.85 | 437897 | 1 |
| 20080208 | SATC | |
1.46 | 1.32 | 337062 | 1, 2 |
| 20080208 | SLT | |
19.44 | -1.00 | 1996639 | 1 |
| 20080208 | VEA | |
41.94 | -1.00 | 348828 | 1 |
| 20080208 | VTA | |
15.42 | -1.00 | 413313 | 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!
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 |
| 20080207 | NDAQ | |
40.08 | 37.57 | 2716394 | 1 |
| 20080207 | SIE | |
42.01 | 41.91 | 449860 | 1, 2, 3, 4 |
| 20080207 | TRE | |
5.62 | 5.56 | 356798 | 1, 2, 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!
