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The losers above are not just losers, but big losers where their price has come down massively in the last 6 months. All of them had traded up at much higher prices at one time and on good fundamentals. In looking at the charts, it does appear that a bottom has been put in on each one...

I have a bunch of stocks that if purchased today as a basket will probably yield 20-30% in 2-4 months. Those stocks are the following: AMD MU JBLU TOA IMH

Wow! It looks like this is up to 36.

Let me put this in perspective. The Shanghai was down 9% in a day in February. Then it went up 35% after that. Now its down 4.5%. BUY THOSE DIPS!!!

Yahoo isnt participating in the rally. The CEO lied to the public about Project kool-aid errr Project Panama and then went ahead and missed estimates. The only thing that caught the price was the 200 MA which seemed to act like safety net. Yahoo should not be fetching a P/E higher then...

This chart has nothing to do with this journal, ignore it. Its for some other people.

Here is a good learning experience for both you and me. I want to learn from all experiences. We saw a big selloff yesterday. There was a double bottom in yesterdays selloff telling us that the selloff was over. Unfortunately, I was too busy yesterday to get in at 15 dollars which was...

I am back into SOLF. I was either going with JBLU or SOLF. JBLU makes me nervous. Its an airline. SOLF is my play. The stock went down on an analyst downgrade. Thats the only reason why. The solar play is still there. Analyst downgrades create buying opportunities in a bull market...

Airline stocks are scary. However, Im going to make the call and say that JBLU bottomed at 11.1 and will be going higher from here. In January it hit 17 and then the price of oil went up and then there was that madness at JFK causing the price to puke down to 11.1. The growth story for...

Not sure if I mentioned SIRF. Thats another one to look at. There are still stocks out there that have not rallied from the February correction and they will have bottoming patterns on the chart like a triple bottom or reverse head/shoulders. The main stocks I am seeing that have not...

What I will be doing in the next few days is developing a "pilot's checklist". Basically, a list of different items that I must check when I start my morning such as earnings calls, futures, charts, economic calendar, fed speakers, etc. I'll upload it here when I am done. I am pretty good at...

Looking at JBLU, JSDA, SOLF, COMV, TOA this morning. The one that is catching my eye is JBLU. Now with airlines, there is always a lot of risk and we are in earnings season. JBLU's call isnt too far away right now. The chart does appear to be bottoming for JBLU. A few months ago this...

Project Panama=Project Kool-Aid

Anyone have any information on this ipo? It seems to keep rising. Let me know what you know.

Come on guys. You have multiple up days in your stocks then they pull back and you want to say that we are on the verge of a reversal. Both FRPT and REFER had a few consecutive up-days and appear on the chart to have reached a natural inflection point.

What happened to "Project Panama"? When I go to sign on yahoo, I dont see Panama nor do I see Honduras...this Panama idea was all a pump and dump scheme created by the CEO to boost the shares. Now the stock is wildly selling off in the afterhours session into the 20s. How much lower can...

The trait of a good trader is the ability to change your mind at a moments notice and do an about face on your thesis. Each day is different, each month is different. So its good that you change your mind so often because you have to adapt to whats happening around you or lose your shirt.

I got stopped out of the DJ trade. The DJ trade was dumb. Turning away from the SOLF chart was also dumb. When a stock pulls back, you dont turn away. You dont give up. You go back and figure out what happened. Most guys would probably walk away from SOLF after a day like today and try...

I've read the Dow Jones theory and his ghost visited me this morning. We had a talk and so I decided to pick up a block of shares. Mr. Jones has been hated ever since the tech bust. Everyone blamed him for the wrongdoing and so his stock has declined ever since 2000 with a few bumps in the...

AHHHHHHHHHHHHHHHHHHH!!!! What an ass I was with this trade...This blotter should illustrate my wrongful behavior. I only came out with an 18k gain where I could have had twice that if I wasnt such an ass. Banging my head against wall now, cash out half when stock gives me a 30% gain!!!! My...