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Nice trade guys ... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1258715>

Jack has felt in the past that seeing a stock move higher on low volume is a good sign. For me, I don't much like to play with those stocks that we sometimes see move up a dollar on only 8000 shares traded for the day. For me, low volume implies increase risk. With RNOW, I entered with...

Nice trades. I continue to hold RNOW, and added ASCA this morning. Same type of 'out of the box' trade as RNOW. Small size on both, as these two companies represent test trades. - Spydertrader

Statement regarding post-race incident between Kevin Harvick and No. 10 crew member at Texas Motor Speedway from Evernham Motorsports “After a comprehensive internal review of the post-race incident between Kevin Harvick and a member of the No. 10 team, Valvoline Evernham Racing supports...

Final Universe News - Spydertrader

My Bad Karma Rule prevents me from outright rooting for JJ to hit the wall. However, should such an event materialize, said rule does not prohibit the rejoicing which would immediately follow. :D - Spydertrader

Still holding RNOW looking for The Stochastics (5,2,3) to move closer to the 80 area. - Spydertrader

Riggs Crewman To Be Suspended Indefinitely For Harvick Push Sirius Speedway has learned that NASCAR will announce later today that it has indefinitely suspended Craig "C.C." Curione, the front tire carrier for Scott Riggs' No. 10 Dodge, for his role in a postrace altercation Sunday night at...

Price continues to improve in the RNOW trade - clearing the short term down channel (red lines). Next, Price needs to overcome the weekly pivot (thin pink lines) and the 20 SMA (thick blue line). The Stochastics (5,2,3) Indicator has also cleared the 50 line and the MACD Histogram finally turned...

FYI, I added UCTT to my Final Universe this evening. - Spydertrader

Thanks for the helpful safety tip - much appreciated! - Spydertrader

I continue to hold all shares of RNOW. I anticipate a small pullback, but plan to ride out the traverse. When volume begins to increase its pace, I plan to add on shares. - Spydertrader

With two races remaining ..... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1255796>

NASCAR investigating post-race fracas involving Harvicks, official and member of No. 10 team By JIM UTTER The Charlotte Observer FORT WORTH, Texas – NASCAR officials are investigating a post-race incident in which a member of driver Scott Riggs’ team allegedly shoved driver Kevin...

Pasta Boy was in his own world Sunday. Stewart held off new Points Leader Jimmie Johnson in overtime to win the Dickies 500 at Texas Motor Speedway. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1255258>

I ran an initial sort over at the Stocktables.com web site. After obtaining a list of stocks which met the fundamental criteria (Price, Volume, Float, Positive EPS, Insider Owned Shares), I reviewed each chart for every equity in my culled list. I looked for stocks where Price appeared to be...

Juan Pablo looked pretty good in his first Busch Race. Atlanta, on the other hand, presents a much higher degree of difficulty. Even some of the Big Boys have trouble down in Hot-lanta. Montoya doesn't look quite ready for Prime Time, but Daytona is a long way away. I think he'll be ready by...

Terry Labonte preparing to retire from racing after long eventful NASCAR career. - Spydertrader <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1254889>

I don't average my R/R Ratios because I feel doing so gives a false picture. I break it down into categories in an effort to track my ability to execute properly. For example: Setting aside 'wash trades' (where I earn enough to buy a small pizza :D ) for a moment, if I enter more toward the...

I risk no more than 2% on any one trade. Normally, my actual risk figures in at around 1%, and the majority of the time, my actual loss involves significantly less than that. I don't use stops as an exit. I use a stop offset method which protects against catastrophic events. I calculate this...