I think you walk away happy you profited at least $15.00 USD per share. With earnings set for later in the afternoon, you had no way to know in advance price would continue to appreciate. - Spydertrader
I just finished watching the entire 'Meetup' Video Series, and I agree with oddiduro. I recommend everyone practice implementing Jack's 'Stop Offset' Method. Using this method of stop placement should reduce the number of 'stop out and reversals' so often seen when using a 2% or 5% trailing stop. If anyone hasn't yet had an opportunity to download and view the various videos, I highly recommend doing so at your earliest possible convenience. I look forward to additional videos in the future. - Spydertrader
Today was a very interesting day... I am still holding MTEX, it traded over FRV today, the chart still looks good, so I will be holding this one... in light of Fed day, I will again be cautious. CKCM was wild today... opened down in a big way, charged all the way to 22.72 and plummetted again. I did manage to giggle a little bit, haha Still holding.... I missed two nice signals in IVAC and LMS today.... both missed FRV just a bit..
Glad you were able to giggle a bit through all that!! I was able to catch on to LMS @$25.30, lookin' good so far.
ESCL was in my Ranked list. I have never traded it but WOW, down -61.78%. It's a good reality check of what can happen on terrible news I suppose. "On May 9, 2006 it was publicly reported that Spanish police had made arrests and raided the offices of Afinsa and the Company's offices in Spain. The operation forms part of a joint investigation launched by the National Court, tax authorities, financial crime prosecutors and the National Police over an alleged pyramid-type scheme based on overpriced stamps and other collectibles. The prosecutor's office said in a statement that Spanish authorities are conducting more than 20 searches at company offices and private residences."
Wednesday Watch List ARD ASPV GROW IVAC LMS NCTY PWEI RACK REDF TRLG I plan to watch these stocks throughout the day tomorrow. - Spydertrader
Good evening, these stocks will be on my watch list for May 10. Possible Bruno setups: CNMD, ISSX, GVHR. KOSP is interesting large end of day buying, will be on my watch list. Good luck. Dan
Spytrader, I'm a little confused and I think you're just the person to make the clouds part for me. I checked your watchlist above in Wealth-labs for Dry-up volume. Only one, TRLG, was in dry-up. Yet you are watching the other 9 also for possible purchase. Is this because you are using other systems in addition to the basic one? Or might I be using the wrong scan. I've been using Jershey Equities Dry Up Volume Scan v. 1.0.0. Thanks, Ohio