December 2008
You are browsing the archive for December 2008.
No New Long Positions For Friday’s Stock Market Session
While there may be no new long that receives my permission to enter my portfolio, there is no doubt that our two new longs yesterday helped to make today a very nice day. On top of those two new friends in my portfolio, another six of the remaining eight had very nice day’s also. This [...]
No New Short Positions For Friday’s Stock Market Session
I have four short scans and the total number of stocks/ETFs in all of them combined to be ZERO. Therefore, there is nothing to add here other than there were a few more partial sells to lock in gains on shorts and there was a full cover on a recent short. We are down to [...]
No New Short Positions For Wednesday’s Stock Market Session
There was exactly 0 stocks in my short scans. However the OIL and TBT ETFs did make the way into the scan but both of these ETFs have been on my short list for around what seems like forever. Even though there were no stocks on the short scans, every on of our long-term winning [...]
Two New Speculative Long Positions For Wednesday’s Stock Market Session
I am very happy to see that we have two stocks that could be good possible longs tonight. CPHL and OCN are not perfect by far as both have wild EPS and slowing sales growth but the chart is never wrong until it is proven wrong and right now both look like they are ready [...]
No New Long Positions For Tuesday’s Stock Market Session
The market took a whack on the head today that left us with no new longs to take under today’s sun. However, there does appear to be a very bullish condition setting up in silver and gold stocks. Besides those stocks coming off the lows on strong volume and green BOP, the futures are now [...]
No New Short Positions For Tuesday’s Stock Market Session
The market was down a nice little amount today but volume was not heavy enough to bring up any shorts. In my short scans we had SON, ROH, and STRA show up. SON and ROH are down too much to make a safe short and STRA is showing some recent positive divergence that indicates it [...]
No New Short Positions For Monday’s Stock Market Session
Despite the small rally the past two days, there wasn’t a single short that we had to get rid of. So it is obvious the small rally on weak volume is just a happy “Santa Claus” rally. This might be good long term for those of us who are still carrying a lot of big-winning [...]
No New Long Positions For Monday’s Stock Market Session
The stock market was just as quiet on a full Friday post-Christmas session as it was during a half-day pre-Christmas session. I haven’t quite seen volume be this low before on a full day but it did happen and left my two main long scans with only two stocks in them. Neither one was close [...]
No New Long Positions For Friday’s Stock Market Session
The market was up slightly on today’s Christmas Eve session. However, there was no volume and that meant only four stocks showed up in my two most important long scans. In my other side long scans that spot “hot” chart patterns before they breakout, nothing new appeared in there either. Still, I did take the [...]
No New Shorts For Friday’s Stock Market Session
We had a Christmas Eve half-day session today and that meant not a lot of action at all. There was one stock in my short scan and it was ATK. ATK was an old short in September but I covered it all in October after a huge up day on strong volume. Since it was [...]





