I got some big plays right:
Hits:
BFAR
This play I utterly nailed! Not only that, it fell after the open but fairly early on, textbook fashion going red before the massive dump candles really sealed the deal. Finished down over 27% as the Supernovae died.
TADF
I also aced the timing on this recent promotion! Hard to short due to its price per share, but a classic meltdown. It faded green to red late morning and never looked back, en route to a 44% drop finish.
VCLK
Started out on a gap up, but quickly went green to red in a profit taking panic, en route to modestly red close.
ANTS
The Dow floundered, and along with it so did this. It opened down, a sign of selling interest, then a short worthy massive dump ensued early on. There is no substitute for learning to observe and interpret live price action. An experienced trader would see early on that the sign posts pointed south. Finished down over 15%
Misses:
I got the gap down part right, but it zoomed from the bell opening at the low, finishing modestly green. It faded after the short panic cover rally, but a loss is a loss.
URG
Major bummer as this failed to hold a buck, fading most of the day from the open en route to a -6% finish.
BSRC
I expected this might end today, possibly after gapping and crapping. Instead, the promotional machine hit full stride as it inched up all day en route to a stunning 78% up day finish!
KSWS
Investor optimism continued a least one more day in this stock, which finished barely green, but a loss is a loss.
Push:
EVPH
This never weakened, so shorting made no sense, having opened at the lows and finishing up over 17% I suspect this "pumpish" chart is soon to receive active promotion, if it already has not happened. News like that of the 17th will not sustain this junk, but spam will. You can spot these suspicious plays with practice.
Totals:
Daily record: W-4 L-3 P-1
57%
My unofficial list was worth a mention, too:
HOOK fell after gapping up. VSR continued the fade from last time all day. KATX zoomed early and faded late, but finished solidly green. IFLG was all over the map, printing a daily doji in the end. CLRS kept running, but it was only modestly green. ERSO gapped (up) and crapped, as did LGL, both finishing red.
The blog has a terms of service. Be sure to read it at:
http://traderbigt.blogspot.com/2010/02/please-read-my-terms-of-service-i.html
4 comments:
oh man .. i don't even have to renew my timalerts anymore cause you list the stocks are on your site!!! THANK YOU
Don't forget to add those complete scams like MSEH AMEL GRPR.
I'm officially subscribing.
what chart service do you use? my Td ameritrade software hardly charts these stocks, look like fly specks!
thanks
Thanks StocksOn, and BTW, I like your site and personal accounts with all the details left on the field, you are doing an excellent job!
I find most of these stocks through my scans, and select the best ones via research over promotionals (which I have zillions of FREE subscription services to) and some spammer sites recaps.
I chose finalists after doing technical analysis work of various kinds. I know most of the patterns and setups well, so it helps.
I am thinking of doing some posts on the setup entry criteria of typical methods, to aid in recognizing the cues.
Yes, I do cover the pure scams, like MSEH. Some of the best pumps are by well financed goons liked Jared W. with expensive mailers. Not all promoters are equal, and as a result not all pumps are...
Anonymous:
I use FREE MedVed QuoteTracker. Nothing like it. It is near pro quality at zero cost, great customize possible charting!
An Ameritrade feed can be used to power it, but IB, and a few other brokers are supported...
Post a Comment