[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
I added two new gap scans to the website today: 1) Bear and Bull Traps at the open 2) Gaps near support and resistance they can be accessed from the menu at: http://home.cfl.rr.com/tradingscans/tradinggaps.html The bull trap scan picked up the BAX short this morning have a great day and weekend I'll be posting my watch list about 6pm tonight Jeff
WATCH LIST for monday: OOPS longs: SLAB BOBJ VSEA CK OOPS shorts: TXU OVER ASKJ AES PLCM SWING longs: ABV BBBY DISH JBL LIN MIK PSUN QLGC RETK RMBS RTH STZ WAG SWING shorts: none A more detailed report of results from the past few days is at: http://home.cfl.rr.com/tradingscans/nightly.htm Jeff