Greetings! My main focus in trading is nothing new. It is something that is otherwise known as "Breadth Analysis". If you are interested in this approach you <b>HAVE GOT</b> to read this book. <a href="http://www.amazon.com/Complete-Guide-Market-Breadth-Indicators/dp/0071444432">The Complete Guide to Market Breadth Indicators by ~ Gregory Morris</a> The contents of this BOOK alone could be enough to be the curriculum for a Masters Program. Once the market is ready, we start buying the best performing stocks in terms of RSI and a few other variables. I will post my stock watch/buy list before market open on most days....
<b>Market View - 15.Feb.2010</b> <b>Buy Aggressively</b> Buy Cautiously Hold Sell Cautiously Sell Aggressively (the highlighted option is my current sentiment) Do not rush into stocks/ETFs. We have to wait for trends to establish. To be on the safer side my major stake is in <b>QLD</b>. <b>MY Stocks Watch List</b> <ul> <li>RVBD <li>INCY <li>PIR <li>CAKE <li>CAL <li>UAUA <li>OCLR <li>SWSI <li>HGSI <li>UTI <li>LCC <li>NEWP <li>SFLY </ul> Good Luck!
Re-post from Mon: <b>Market View - 16.Feb.2010</b> <b>Buy Aggressively</b> Buy Cautiously Hold Sell Cautiously Sell Aggressively (the highlighted option is my current sentiment) Do not rush into stocks/ETFs. We have to wait for trends to establish. To be on the safer side my major stake is in <b>QLD</b>. <b>MY Stocks Watch List</b> <ul> <li>RVBD <li>INCY <li>PIR <li>CAKE <li>CAL <li>UAUA <li>OCLR <li>SWSI <li>HGSI <li>UTI <li>LCC <li>NEWP <li>SFLY </ul> Good Luck!
<b>Market View - 17.Feb.2010</b> <b>Buy Aggressively</b> Buy Cautiously Hold Sell Cautiously Sell Aggressively (the highlighted option is my current sentiment) Strong up day yesterday. The market breadth has tremendously improved from a few days ago. I would have liked to see more volume and more money flowing in. <b>MY Stocks Watch List for Wed, 17.Feb.2010</b> <ul> <li>DGIT <li>SIRO <li>CGX <li>CAKE <li>NETL <li>PVA <li>PIR <li>ARGN <li>HPY <li>AAWW </ul> Good Luck!
<b>Market View - 18.Feb.2010</b> <b>Buy Aggressively</b> Buy Cautiously Hold Sell Cautiously Sell Aggressively (the highlighted option is my current sentiment) <b>MY Stocks Watch List for Wed, 18.Feb.2010</b> <ul> <li>DTG <li>ACGY </ul> Good Luck!
Are you day trading these plays or swing trading them? Just curious regarding your time frame. Best regards, Trapper
<b>Trapper</b> Thanks for your comment. My overall style is swing trading, couple days to a couple weeks at most. But there have been times where I will exit a position if it turns against me or if I make a quick profit before close that day. For example if the stock makes a quick <b>10%</b> on the day I enter I will sell <b>50%</b> of my position to lock in profits. Hope that helps......
<b>dumbassesonwall</b> nice nick..... <b>EPL</b> a quick glance tells me the following things: <ul> <li>Very small market cap <b>$25 Million</b></li> <li>Thus bigger players won't be interested</li> <li>It is making new highs, which is good</li> <li>Vol has recently increased, which is good</li> <li>If you are keen on this, a break of the <b>11.73</b> high might be a good buy point.</li> </ul> Hope this helps....