my trading...

reid5525 · Jan 21, 2005

Another good trade today was DISH when it broke above prev high at 32.54, vol 1.7ml/ avg vol 1.7ml. That's 100% of avg vol at 12.30pm. That's a high probability setup. Sometimes you see only a few of those trades each week but that's all I need. It requires non-stop scanning to find them because you don't know when they are going to occur. I am pushing for trading tools that will present those setups onto my screen. Trade-Ideas/QuoteTracker combo comes very close.

insider · Jan 21, 2005

keep up the good work, I learned a lot from you guys.

karol88 · Jan 21, 2005

Quote from reid5525:

SYNA: I do not go long stocks with big opening gaps, they tend to have a small trading range.

true, I went short SYNA at 37.27 after the stock failed to match the second top....and actually I decided to keep it overnight...see what happens monday...

reid5525 · Jan 21, 2005

Quote from karol88:

true, I went short SYNA at 37.27 after the stock failed to match the second top....and actually I decided to keep it overnight...see what happens monday...

Good luck with it. No economic news scheduled for Monday, to factor into your bet. All you need now is important earnings reports that can take the market your way. Any biggies reporting Monday?

sobemark · Jan 21, 2005

Quote from karol88:

true, I went short SYNA at 37.27 after the stock failed to match the second top....and actually I decided to keep it overnight...see what happens monday...

good entry

sobemark · Jan 21, 2005

Quote from reid5525:

Good luck with it. No economic news scheduled for Monday, to factor into your bet. All you need now is important earnings reports that can take the market your way. Any biggies reporting Monday?

Monday, January 24
Before The Open

Eaton ETN
1.13 / 1.13

Kimberly-Clark KMB
0.91 / 0.90

Legg Mason LM
0.87 / 0.86

Lexmark LXK
1.13 / 1.13

Occidental Petro OXY
1.90 / 1.88

Reynolds American RAI
c 1.23 / 1.21

Station Casinos STN
0.51 / 0.50

Steel Tech STTX
1.10 / 1.11

Travelzoo TZOO
0.13 / 0.11

Union Pacific UNP
0.84 / 0.84

World Acceptance WRLD
0.27 / 0.27

During Trading Hours

American Express AXP
0.70 / 0.70

After The Close

Altera ALTR
0.13 / 0.14

AmeriCredit ACF
0.35 / 0.35

Audiocodes AUDC
0.05 / 0.05

CACI Intl CAI
0.67 / 0.67

Celadon Group CLDN
0.26 / 0.25

Cell Genesys CEGE
-0.59 / -0.60

CNF Inc CNF
0.73 / 0.73

Cognex CGNX
0.11 / 0.12

Crane CR
0.48 / 0.48

FileNET FILE
0.19 / 0.19

Flagstar Bancorp FBC
0.47 / 0.47

JDA Software JDAS
0.06 / 0.06

KEMET KEM
-0.18 / -0.17

Lone Star Tech LSS
0.93 / 0.93

Mindspeed MSPD
-0.13 / -0.13

Netflix NFLX
0.10 / 0.09

Silicon Labs SLAB
0.21 / 0.20

Technitrol TNL
0.15 / 0.15

Tetra Tech TTEK
0.14 / 0.14

Tumbleweed Communications TMWD
-0.01 / -0.01

Tupperware TUP
0.58 / 0.55

Verisity VRST
0.01 / 0.01

sobemark · Jan 21, 2005

Quote from raider7x:

I lightly experimented with Play and Syna this am. Id be interested in any comments you might have. (i had 2 adds on syna as it rose) only ended up with .16 gain when i covered as i felt my avg cost for entry overall wasnt that great. On Play i only got 1 lot and banked .50.

Thanks in advance and have a great day.

-Raider.

PS. Hey Reid id love to see what you end up doing today too.

SYNA confused me a bit this AM .... PLAY setup nice ...WYNN set up twice .. missed it in the PM ..

have a great weekend ..

sobemark · Jan 21, 2005

I missed this setup this afternoon , but i will post the chart for reference ..

notice the penetration of the lower band by .50 ..

took out the stops at 61.50 then the quick snap back to the 24 MA ... classic set up...

good for a quick $1.00

QQQBALL · Jan 21, 2005

Quote from sobemark:

I missed this setup this afternoon , but i will post the chart for reference ..

notice the penetration of the lower band by .50 ..

took out the stops at 61.50 then the quick snap back to the 24 MA ... classic set up...

good for a quick $1.00

you know which stocks have this kinda action (intraday too) - tankers; VLCCF and NAT. of course, NAT is not a Nazdog issue.

sobemark · Jan 21, 2005

Quote from QQQBALL:

you know which stocks have this kinda action (intraday too) - tankers; VLCCF and NAT. of course, NAT is not a Nazdog issue.

VLCCF one of my fav's ... it breaks and snaps back nicely

thanks !

my trading...

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