Oops Trades

[18:00] <JeffS> here's my watch list for tomorrow
[18:00] <JeffS> oops longs: COX
[18:01] <JeffS> oops shorts: AMTD, AOC
[18:02] <JeffS> swing longs: AOL, AVII, CEG, FRE, GE, HOTT, UNTD, XMSR, XRAY
[18:02] <JeffS> swing shorts: ADBE, AEM, APA, CHPC, ERTS, HMY, IMCLE, MON, PMCS, SWKS, WAG
 
[18:03] <JeffS> here is my watch list for tomorrow 5/8/03
[18:04] <JeffS> oops longs: BRW, PMCS, HLTH, DRIV, FCS, TIBX, BOL
[18:04] <JeffS> oops shorts: ADVP, HET, WPI, NBR
[18:06] <JeffS> swing longs: AES, APCC, CHPC, DCTM, ELNK, ENDP, KROL, MACR, MCRL, SKYW, TIBX, UNTD, WYE, XEL
[18:06] <JeffS> swing shorts: HMY, SWKS

from the last posted list (for trading on 5/6)

oops longs:
COX triggered over the 30 minute high on 5/6 moving up nicely
oops shorts:
AMTD never triggered
AOC did not trigger
swing longs:
AOL gapped down for the last 2 days and some scalps were possible
AVII did not trigger
CEG had a good day yesterday and a doji today
FRE hasnt done much
GE hasn't done much
HOTT had some small gains as it avanced through a couple of pivot lines
UNTD never triggered
XMSR gapped up to much
XRAY triggered and stopped out
swing shorts:
ADBE gapped too far
AEM did not trigger but had a good sized move down today
APA fell in the morning, based in the afternoon and had a good sized move down
CHPC has moved down a bit and I'm now looking at it as a long
ERTS did not fall from resistance point
HMY looks like a good short now
IMCLE did not trigger
MON did not trigger
PMCS triggered today for a small gain
SWKS triggered today
WAG did not trigger

I'm basically looking long tomorrow and may concentrate on intraday setups depending on whether or not the market gaps up and holds its gains in the first half hour or so of trading.

there are intraday scans on the website which provide slf files for quick scanning using realtick. Just download and load them into a marketminder window. Once you get the hang of this technique you will find it quite useful. Today ADVP was the most interesting stock I got using this technique.

Jeff
 
from the last posted list (for trading on 5/8)

oops longs:

BRW opened flat and gained 3.26% over its 30 minute high. This was the only "preferred" setup to trigger

PMCS gapped down almost 4% and then gained 2.5% over its 5 minute high

HLTH open flat, gained 1.6% over its 30 minute high then stopped out

DRIV gained 1.3% over its 30 minute high and then fell back now down 2%

FCS gained 1.7% over yesterday's low and gave back about half of the gains

TIBX gapped down over 2% and gained 2.8% over its 5 minute high

BOL opened flat and gained .96% before giving it all back

oops shorts:

ADVP, HET, NBR did not trigger

WPI gained 1.25% under its 5 minute low but has given it all back

swing longs:
most all continued their setups and are still valid for tomorrow

swing shorts:
most neutral



For tomorrow:
oops longs: MYL, CHIR, JWN
oops shorts: TDW
swing longs: AES, APCC, AYE, AZN, BBH, BE, CAL, CHPC, CY, DCTM, ELNK, ENDP, IVX, KROL, LLTC, LUV, MAN, MCRL, SKYW, UNTD, WYE
swing shorts: BHE, RBK

That's it. I'll once again be looking long at the open.
 
well Friday was a pretty good day. Swing trading is fast overcoming oops trading in my opinion, at least for now.

I didnt recommend it here but FWHT long was the only oops trade on the preferred list and it gained 2.4% over its 30 minute high if you were quick. Honestly I didnt take it because it ran too far in the first 30 minutes. It was a "gap surprise" and many traders take those gap setups right at the open.

WPI is still of interest to me as a short. It started as an oops short setup a few days ago, it is way extended, now has followed with a hammer and a doji.

My oops long selections had mixed results and were mostly neutral, but the other system picks did pretty well - IMCLE over 5 minute high, ACS,FWHT, and INFA over 30 minute high and all over 2% gainers. HLYW made 1.3% and is moving up nicely. ACS was the big winner scoring almost a 5% gain and closed near the day's high.

IMAX oops short gained 2.7% trading below yesterday's high but it was a very quick gain and if taken should have been covered when it neared its 200sma15.

CEG swing long from monday has performed great as has CHPC, LLTC, MAN, MCRL, and SKYW from thursday nights watch list. The other swing longs are mostly neutral and several are still being watched.

the swing shorts are neutral.

here is my watch list for monday:

oops longs: none
oops shorts: NVDA, GENZ, PDLI, FL, SVU
swing longs: UNTD, DCTM, APCC, KROL, CAL, CY, LUV, AZN, BE, IVX, AYE, BBH, JPM, USAI, BK, CC, DOX, ROOM, MTG, RSAS, FMT, LGND, JBLU
swing shorts: BHE, RBK

Thanks for supporting TradingFromMainStreet.com and for tying out the scans and education at www.tradingscans.com

Please send me some comments at jeff@tradingscans.com I do appreciate them, both positive and negative, to help me improve the site. The site is still free of charge until the new TFMS site is completed.

Jeff
 
oops longs:
NTAP the oops long since 5/1 continues its charge up
PMCS, FCS, BOL from 5/7 doing real well
TIBX, BRW, CYTC, MYL neutral
DRIV stopped out
CHIR, IMCLE, INFA, HLYW, GS from 5/9 still doing real well
ACS, FWHT from 5/9 real winners today
JWN did not trigger on friday but was real interesting and it moved up nicely today

TTWO from today's preferred list gained 3.2% over its 5 minute high

oops shorts:
IMAX stopped out
HLTH triggered today below its 30 minute low and gained 2.8% and has given back about half of it
TXN, NVDA also gained 1.2% below 30 min low and given back

swing longs:
from prior watch lists:
AES, AVII, BE, CHPC, ELNK, MAN, SKYW, WYE, BBH, IVX doing real well
CEG, ENDP, LLTC, MCRL neutral
from today:
AZN, BE, BK, CAL, CC, JBLU, JPM, LGND, LUV, MTG, ROOM, RSAS, USAI triggered and doing well
AYE, CY, DCTM, DOX, FMT, KROL, UNTD, neutral

swing shorts:
AEM stopped out
RBK stopped out today

watch list for tomorrow:
oops longs: none
oosp shorts:
large list, much will depend on the open tomorrow as it may ba a transitional day. over 300 stocks closed near their highs, so we may see a gap up tomorrow. potential there for gap+fall shorts but the nasdaq may still have another up day in its move up. I'de be careful here and look for gaps up to resistance at the open. Many times it needs a couple or a few of these days when there are lots of biased setups in a row before you get the great day. I'de also recommend taking partial profits on swing longs on gaps up in the morning.
swing longs:
AYE, CTXS, CY, DOX, FMT, RSLN, SSFT
swing shorts:
BHE

www.tradingscans.com is now ready for your scanning needs

Jeff
 
Well, the nasdaq decided to gap down a little, pretty much invalidating all the oops shorts.


oops longs:
NTAP the oops long since 5/1 continues its charge up again today
FCS, BOL from 5/7 doing real well
TIBX, BRW, MYL neutral
CYTC finally gave up
DRIV having stopped out as an oops long made a great swing long today
IMCLE, INFA, FWHT from 5/9 still doing real well
CHIR, GS, HLYW, ACS, TTWO, look finished as oops plays

oops shorts:
HLTH finished
TXN, NVDA gapped down at the open and should have been covered

swing longs:
from prior watch lists:
AVII, ELNK, WYE, BBH, IVX(big day), CEG, doing real well
AES, BE, CHPC, SKYW, look to be finished soon after good gains
MAN, stopped out after nice gains
ENDP, LLTC, MCRL neutral
from yesterday:
AZN, CC, LGND, MTG, ROOM, USAI doing well
BE, BK, CAL, JBLU, JPM, LUV, RSAS, neutral
from Today:
AYE triggered
CTXS triggered and nice move
SSFT triggered fast and nice quick move if you got it

swing shorts:
I'm still watching BHE

watch list for tomorrow:
oops longs:
CHKP, KGC, PTV, PLAB
oosp shorts:
SFA, PDE, IVX, IDCC, APPX, SWKS, RIG, UTSI, VRSN, KOPN, IVGN, NSCN, RHAT, AMTD, SINA, BGEN, NTES
swing longs:
ATVI, DOX, FMT, PAYX, RSLN
swing shorts:
BHE, FWHT, KSS

www.tradingscans.com is now ready for your scanning needs

Jeff
 
oops longs: continuing coverage:
NTAP the oops long since 5/1 ended its run today
FCS near resistance
BOL, TIBX, BRW, IMCLE neutral
MYL still moving up
FWHT from 5/9 still doing real well
INFA stopped out
oops longs: from yesterdays watch list:
CHKP did not trigger
KGC triggered over the 30 minute high and gained 3.75% and closed strong
PTV did not trigger
PLAB triggered over the 30 minute high and gained 2.2% and closed strong

oops shorts: continuing coverage:
none
oops shorts: from yesterdays watch list:
SFA did not trigger
PDE triggered under the 5 minute low and gained 3.55%
IVX did not report on my system but looked like a good 5 minute short
IDCC did not trigger
APPX did not trigger
SWKS triggered under the 5 minute low and gained 2.0%
RIG did not trigger
UTSI did not trigger
VRSN did not trigger
KOPN triggered under yesterday's high and gained 4.76%
IVGN did not trigger
NSCN triggered under yesterday's high and quickly stopped out 2% loss
RHAT triggered under the 30 minute low and gained 4.13%
AMTD did not trigger
SINA triggered under the 5 minute low and gained 2.6% but stopped out
BGEN triggered under the 30 minute low and gained 1.01%
NTES triggered under the 5 minute low and gained 2.22% but stopped out

swing longs: continuing coverage:
AVII ended its run
ELNK ended its run
WYE, CC, USAI at resistance
BBH continuing strong
IVX(big day yesterday) gapped up at the open and should have been closed there
CEG, , JPM near resistance
ENDP, MCRL neutral
LLTC, MTG, LUV stopped out
AZN gapped up at the open and should have been closed there
LGND, ROOM doing well
BE, BK, CAL, JBLU, RSAS, AYE,CTXS,SSFT neutral
from yesterday:
DOX triggered
FMT triggered
RLSN triggered and stopped out

swing shorts:
I'm still watching BHE

watch list for tomorrow:
oops longs:
PSUN, ACLS
oops shorts:
JCOM, WWCA, WMB, TSO. TE, DLM, BLDP, DO, MOT, MCDT
swing longs:
ATVI, CHKP, DISH, WAG, WM
swing shorts:
BHE, JHF

Jeff
 
Nightly reports will be discontinued here now and will be moved to the website.


watch list for tomorrow:
oops longs:
BRCD, TJX, COGN, TTN, RDN, MIK
oops shorts:
ET, LVLT, PLCM, SCH, CRAY, AMTD
swing longs:
DISH, DLTR, PSUN, STZ, WAG, WM
swing shorts:
JHF
 
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