July 2008

You are browsing the archive for July 2008.

Two New Featured Long Positions, Two New Speculative Long Positions, And One Stock I Am Adding To My Existing Speculative Medical Long Position For Friday’s Stock Market Session

I love most of the new longs tonight as they are all close to the 50 day moving average, minus ALTH, and those are my favorite setups. I would not be cocky here as the market is clearly not in a bullish phase as the market was having a great intraday session until the last [...]

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Three New Short Positions For Friday’s Stock Market Session

Finally some stocks that are setup right on the 50 and 200 day moving averages that are failing on a surge of volume. All of these candidates tonight are under a “death cross” or are close to one and every stock here is under some heavy selling after a run up of AT LEAST 100% [...]

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OIIM 6-28-07 to 10-18-07

OIIM was a past big winner because the buy signal was so clearly obvious. Even though only a 50% gain was made you can tell by looking at the pattern you should know via the other “past big winners” that this one had the possibility of becoming a monster. Too bad it was 2007 and [...]

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KNOL 1-12-06 to 5-4-07

KNOL was an easy long to take and an even easier long to hold. While I did load up a bit it was no where near the size of the other winners like HRZ or PTT. Still this was clearly a massive winner and it was just another stock that has helped me make a [...]

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Three New Featured Long Positions, Two New Speculative Featured Long Positions, And One Stock I Am Adding To My Existing Speculative Long Positions For Thursday’s Stock Market Session

Nothing here is perfect and I can not tell any of you that you must buy XYZ. All of these longs are good enough to take a poke at but none of them are worth loading up. The first thing you need to load up on stocks is an extremely bullish current market. We currently [...]

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No New Short Positions For Thursday’s Stock Market Session

The one thing that bugs me today is SYKE. That was a bigger short that I fully covered as it had a strong day on 7/22. What a fool and what a testament to how difficult this market is. In 2000-2002 shorts would go lower in a nice stair step fashion with a few nasty [...]

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One New Specualitve Featured Long Position For Wednesday’s Stock Market Session

The pickings are slim out there and this stock has not been the easiest long to deal with. It has already given two “buy signals” which have both led to failures. This stock appears so bullish with all of its price, volume, and solid BOP action since May. But the stock just is not cooperating. [...]

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No New Short Positions For Wednesday’s Stock Market Session

There was nothing in my scans that had any stocks in that perfect rolling over, breaking down short pattern. Most of these patterns are wild and loose thus negating them from becoming a viable short candidate. I never thought I would have a difficult bear market where I could not make money going short. But [...]

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One New Speculative Long Position And One Stock I Am Adding To My Existing Speculative Featured Long Position For Tuesday’s Stock Market Session

EURX and OFI look like there is a bull market out there. Too bad these are the two exceptions to the norm. These stocks are showing some extremely strong relative strength in a bull market and both look to be strong longs. My only problem with EURX is it is a bit volatile compared to [...]

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No New Short Positions For Tuesday’s Stock Market Session

There was nothing out there that was setup in any of the patterns from “How To Make Money Selling Stocks Short” by O’Neil’s book standards. So therefore there is nothing to do tonight. Shorting is the game in town but I am finding few stocks setting up in what I consider perfect setups. Hopefully our [...]

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