tag:blogger.com,1999:blog-192283772011-04-22T00:48:32.228-04:00This Blog is simply a place where I jot down some of my trading ideas. My method is based on momentum trading. Market conditions dictate my system. In non-trending times or choppy markets this system normally under performs. In trending markets this system does very well. I simply let my scans show me possible sectors and stocks to be focusing on for possible trades. I like buying pullbacks and try to stay away from breakouts.Geo777noreply@blogger.comBlogger2101100tag:blogger.com,1999:blog-19228377.post-1174170212003654822007-03-17T18:19:00.000-04:002007-04-03T08:02:04.840-04:00

GOOGLE has done it again. They would not let me log in because I do not have a GOOG account.. I will not open an account with them. They jerked me around about a year ago when they said I was in violation of click fraud.. This was a lie as I was in full compliance of the rules... I had zero control of anybody visiting this site. Anyway they can stick it.. I will not open a GOOG e-mail account..

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1172889680678512002007-03-02T21:04:00.000-05:002007-03-30T01:48:59.066-04:00

Yesterday afternoon my town was hit by a tornado. The twister actually formed over my house. My wife and I was fortunate as we only had roof damage. The following pictures were taken today around my neighborhood. the first picture was taken and less then I minute my wife and I had to dive in our bath tub. Power was gone and guys I've never felt so much wind in my life the house was shaking. I had

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1172789020181065942007-03-01T17:42:00.000-05:002007-03-01T17:47:47.906-05:00

Total number of stocks for this month is 505 candidates.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1172788790808450592007-03-01T17:35:00.000-05:002007-03-01T17:39:50.820-05:00

Well the last few days did not do wonders for the groups. Over the month of Feb the S&P500 was down 2.18%.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1172286040222587302007-02-23T21:59:00.000-05:002007-02-23T22:00:40.243-05:00

S&P500 thus far for the month is now up .90%...

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1171691524928347462007-02-17T00:48:00.000-05:002007-02-17T00:52:04.966-05:00

Well the S&P is still hanging in here. It thus far is up 1.20% for the month. Here is how the groups are performing.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1171408810310029872007-02-13T18:15:00.000-05:002007-03-01T22:51:00.366-05:00

Mr. President,I applaud your courage, as you stand firm in your beliefs for Freedom. I respect your ability as a leader to stand up and take responsibility for what has gone wrong in Iraq and not listening to the polls. I’m a retired 82nd Airborne Paratrooper and I would like to give a brief lay out of what I would do if I were ground Commander in Iraq.Close borders from Syria and Iran. Only

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1171243254682835962007-02-11T20:14:00.000-05:002007-02-11T20:20:54.700-05:00

Well we are not setting the world on fire here. S&P500 is treading water and thus far up 0.01% for the month. Here are the group standings.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1170453268897932492007-02-02T16:53:00.000-05:002007-02-06T22:52:27.896-05:00

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1170292725199667272007-01-31T20:16:00.000-05:002007-01-31T20:18:45.216-05:00

EOM group list, During Jan the S&P increased 1.41%

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1170022122343911512007-01-28T17:08:00.000-05:002007-01-28T17:08:42.356-05:00

Here are a few more large caps worth looking into.IBM- currently breaking out of a monthly symmetrical triangleMSFT- currently trying to break out of triangleHD- trying to break downtrend line off monthly chartC- testing new multi-year highsKO- trying to break down channelINTC- needs to bust triangle

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1170020289186800302007-01-28T16:29:00.000-05:002007-01-28T16:39:11.586-05:00

Here is an update on large cap stocks I felt looked good back in Sept.http://geoshorttermtrading.blogspot.com/2006/09/larger-stocks.htmlSince post here is the percent change:CCU +27.71MER + 20.13AA + 15.57BA + 7.58USB + 7.11CL + 6.67BMY + 4.84TXN - 6.76TOTAL PERCENT INCREASE (-) 1 LOSS= 89.61%

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1169933177839655802007-01-27T16:23:00.000-05:002007-01-27T16:26:17.840-05:00

Here is Feb’s list of groups that have outperformed the S&P500 since 2003 for the month of Feb:Groups showing most returns;;(3) Med Instruments & Supplies(3) Discount Variety Stores(3) Paper & Paper ProductsHave a good month!!

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1169932971609973512007-01-27T16:19:00.000-05:002007-01-27T16:22:51.630-05:00

Group standings for Feb thus far the S&P is up a whooping .27%

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1169345965074295862007-01-20T21:14:00.000-05:002007-01-20T21:19:25.086-05:00

S&P has increased .98%. Here is current standings.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1168700921930560702007-01-13T10:05:00.000-05:002007-01-13T10:08:41.943-05:00

This is the current standing from the groups outperforming the S&P500 during the last 3 years. Currently thus far the S&P has climbed 1%.Here is a nice set up I like from a group chart

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1167446496670098712006-12-29T21:39:00.000-05:002006-12-29T21:41:36.670-05:00

Here is the January's group list:

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1167446337807248972006-12-29T21:35:00.000-05:002006-12-29T21:38:57.820-05:00

During the month of December the (S&P500) increased 1.55%. Here is the break down of the groups that have outperformed the S&P over the last 3 years for the month of December.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1163954178347247842006-11-19T11:35:00.000-05:002006-12-29T01:03:19.423-05:00

The following groups have outperformed the (S&P500) during the Month of December over the last 3 years.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1161393406224657252006-10-20T21:13:00.000-04:002006-10-20T21:16:46.246-04:00

Well it has been a while since I last posted and now that I’ve changed the template over I’ll need to put the links back in. Anyway I’m currently finding some interesting developments occurring in my scans. I’m beginning to see commodity related groups starting to pop up. Many of these charts are looking pretty good as well. I plan on paying close attention this in the coming future. Here is a

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1160862259585032162006-10-14T17:43:00.000-04:002006-10-18T16:48:22.940-04:00

Geo777noreply@blogger.com4tag:blogger.com,1999:blog-19228377.post-1160698749597293282006-10-12T20:18:00.000-04:002006-10-13T23:13:31.543-04:00

I do for one. If fact this is the first thing I do before entering any position. This just makes sense to me. Why do I use stops? Well first and foremost to preserve my capital when my trade does not work to my advantage. Yes that’s right often trades don’t work out. Stops get me out. Now many times they will not get me out exactly where I’d like but never the less they mostly get me out of

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1160609739398985022006-10-11T19:33:00.000-04:002006-10-11T19:51:29.920-04:00

Groups showing RSI increase. Running my stock scans tonight I'm just not getting many set-ups. Should the market pullback I think I'll get a bunch of stocks pulling back.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1160446023043635482006-10-09T22:00:00.000-04:002006-10-09T22:07:56.510-04:00

I like the current charts notice the first pullbacks. MTW is not ready to go yet but I still like it.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1160361494079678312006-10-08T22:29:00.000-04:002006-10-08T22:38:14.080-04:00

I did not get many set ups going into this week. I'll continue to manage open positions and await for the markets next move. Here is a list of groups showing some relitive strentgh. I ran the scan over last 2 weeks. Numbers to the right indicate the percent increase in RSI.Weak Groups

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1160096451650829952006-10-05T20:52:00.000-04:002006-10-07T20:15:05.450-04:00

Currently the S&P is taping its upper channel line and is in overbought area right now. I'm thinking we could see a nice pullback from this area. I'm going to be managing open long positions and tightening stops...

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1160087767311558772006-10-05T18:32:00.000-04:002006-10-05T18:36:07.333-04:00

With a click of your mouse you can literally move around the world. With all the information at your fingertips I caution you to be careful. You pounce from site to site and one guy is bull on the markets and the next is bear. You sift and sift through this information and end up dazed and confused about what is happening. I call this information constipation as it may paralyze you and cloud your

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159909015340151272006-10-03T16:52:00.000-04:002006-10-03T16:56:55.356-04:00

Oils and metals did fall down very nicely. Here are possible groups I'll be looking at on the long side. I still did not get many returns.Internet Software & Services (4)Apparel Stores (3)

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159756548503215832006-10-01T22:24:00.000-04:002006-10-01T22:39:57.903-04:00

I read an interesting article tonight from a blog I frequent a lot. In fact after reading what the author said it hit home. Why do I post a huge list of stocks? Well I never thought about this before. Is it to show people my abilities or lack of? maybe what I have in watch mode should be kept to myself. Not sure if I've posted a list and someone picked up a stock that met his or her criteria, but

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159738810333722782006-10-01T17:39:00.000-04:002006-10-01T17:40:10.350-04:00

Arch Coal IncAmerican Eagle OutfitterAlon USA Energy IncActivision IncBaidu.com IncBJ Services CompanyBurger King Holdings IncBristow Group IncCameron International CorpCentral Garden & Pet CoCore Laboratories N.V.Consol Energy IncComstock Resources IncCarbo Ceramics IncDenbury Resources LtdDril-Quip IncEncore AcquisitionEgl IncorporatedEdge Petroleum CorpElectronic Arts IncFmc

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159565671832701832006-09-29T17:33:00.000-04:002006-09-29T17:35:43.356-04:00

Here are some industry groups I will be looking at next week. Here are the results of my scans Possible ShortsOil & Gas Equipment & Services 12 stocks Independent Oil & Gas 6 stocks Oil & Gas Drilling & Exploration 4 stocks That is about it. I’ve got more returns and will post the list this weekend. I’m not to crazy about going long right now. My scans tell me caution on the long side.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159399801119881802006-09-27T19:29:00.000-04:002006-09-27T19:31:32.523-04:00

Here are a few long-term stocks of interest on a few larger stocksBA- bouncing off support from back in 2001TXN- Symmetrical triangle from 2002BMY- monthly stage one base running last 4 yearsMS- uptrend in tact from 2002MER- testing old highs from 2001CCU- had been in a downtrend since 2000. currently testing downtrend lineT- broke out of a stage 1 currently in 3rd month of stage 2CL- trying to

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159224343910532482006-09-25T18:41:00.000-04:002006-09-25T18:45:43.930-04:00

You can click on charts to enlarge

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159222317735134802006-09-25T18:08:00.000-04:002006-09-25T18:11:57.780-04:00

Stange how I've been preaching this for some time and find a nice article ."In my opinion, the most important, albeit the most ignored and overlooked step, is how much. Investors refer to asset allocation while traders often call it money management. Regardless of your time horizon or analytical approach, position sizing may well be the crucial factor when it comes to profitability. At best,

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159218624518561822006-09-25T17:08:00.000-04:002006-09-25T17:10:24.546-04:00

I forget to post my punch out list this weekend..Many did well today..Alliance DataAmerican Eagle OutfitterAFC Enterprises IncAgrium IncBlack & Decker CorpBebe Stores IncImmucor IncBeazer Homes UsaContinental Airlines BCircuit Cty Strs IncCoach IncColumbia Sportswear CoCitrix Systems IncE Trade Financial CorpExpeditors International of Washington IncCorning IncGuitar Center IncWorld Fuel Service

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1159215403871204772006-09-25T16:13:00.000-04:002006-09-25T16:16:43.893-04:00

Today we took SCHW long. We entered @ 17.55 with stop in at 16.71. We will target 18.39 to scale 1/2 position.

Geo777noreply@blogger.com3tag:blogger.com,1999:blog-19228377.post-1158971901397327912006-09-22T20:37:00.000-04:002006-09-23T23:53:07.766-04:00

I’ve got 39 stocks out of 1289 tonight. Here are the sub-sectors showing the most returns.Residential Construction 6 stocksTextile-Apparel Clothing 4 stocksInvestment Brokerage-National 3 stocksMajor Airlines 2 stocksSpecialty Eateries 2 stocksWe will focus on some of these groups next week and see what happens. I’m surprised by the small amount of returns and of pullbacks I’ve received tonight.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158871034094096862006-09-21T16:29:00.000-04:002006-09-21T16:37:14.116-04:00

My wife surprised me with a new lap top a few days ago. Man this this is awesome. It is a HP 17" wide screen. I'm like a kid in a candy store... I never realized how much of a pain in the butt changing data between PCs could be. I've got a lot of work to get this thing up to speed. I've now got 2 lap tops and 1 desk top. I finally figured how to get my charts up and running. folks what a huge

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158802282498343872006-09-20T21:30:00.000-04:002006-09-20T21:31:22.513-04:00

Here is a review of list for 9/11/06 Top 10 gainers and top 10 losers.PositiveTRID +13.14%%ICE 13.08VRSN 12.89VTAL 11.81SBUX 11.19RIMM 11.11ASCA 9.44BDC 9.06NegativeIAAC -24.54%%PASS 15.54SIL 14.16SSRI 12.16PD 10.58NUVO 8.91EBAY 8.31PCU 7.31ABD 4.09AMAG 3.9169 on list with 47 positive and 22 negative…

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158800593059800202006-09-20T21:02:00.000-04:002006-09-20T21:03:13.083-04:00

I like the set up currently in OXPS. This stock is currently sitting at a retest point off last swing high. I would look for 29.10 as trigger line with stop at 27.39 and ITP around 30.81.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158789223121144022006-09-20T17:47:00.000-04:002006-09-20T17:54:38.376-04:00

I have not got many returns tonight. I did however stop the scans around the HV of 30. Here is the following I'll be keeping an eye on. For some reason the Residential Construction group has hit my scans with 4 stocks.BECN FRK XHB NYX ASEI BIDU OXPS TAM OCAS CSX MHO BZH MDC PHM ASML EGLT BDK OSTK EZPW PSPT VIPI have not looked into these stock much and will latter tonight!!

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158289024850425882006-09-14T22:56:00.000-04:002006-09-14T22:57:04.863-04:00

Here is a review of list for 8/22/6 top 10 gainers and losersPositiveFSL +28.01%TRID 23.46WFR 12.06NVDA 10.02THQI** 9.40INTC 8.38AVCT 7.79SYNA 7.65AGR 7.59HDB 5.03NegativeRBAK 21.37ESE 10.16BID 7.37STP 6.75VCP 3.74BRCM 3.60TXN 3.30IDTI 2.09REDF 1.09FILE 0.63 Total stocks on list 36 of list 23 are positive and 17 negative.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158275617024718472006-09-14T19:11:00.000-04:002006-09-14T19:14:03.840-04:00

Tonight I just wanted to talk a little on my scanning process on how I look for opportunities.http://www3.hddweb.com/80979/SCANs9146.swf

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158212040075223332006-09-14T01:32:00.000-04:002006-09-14T19:14:24.886-04:00

Most traders think you need a high percentage of winning trades to be profitable in the markets. Here is an example of a system that only has a probability of winning of 48% and a probability of losing 52%. This system is based off a 50,000 account with a stop in around 8%. Each trade will be risking only 1% of the total 50K or total position size of 6,250.00. Say this trader only made one trade

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158185502563043302006-09-13T18:09:00.000-04:002006-09-16T19:03:35.326-04:00

Trying out a new program to see if this thing works ok. The test is a recap of the S&P500http://www3.hddweb.com/80979/SP500_9136.swf

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1158156020043843352006-09-13T09:59:00.000-04:002006-09-13T10:00:20.060-04:00

OTEX –triggers long today out of a first pullback out of a base. I was on the phone and missed entry

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158116183217966422006-09-12T22:51:00.000-04:002006-09-12T22:56:23.246-04:00

Well here are some things I’ve learned along the way. Just jotting down some of my thoughts as I reflect on some of my trades.I learned your better off following a plan then following your gut. Many times when I pulled a stop and sold the stock takes off and tics me off. Sometimes I’d come home from work and feel like I just have to do something. This more times then not was a bad move on my

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158107493078747782006-09-12T20:28:00.000-04:002006-09-12T21:19:31.923-04:00

http://www3.hddweb.com/80979/test.swfhttp://www3.hddweb.com/80979/market_wrap.swf

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1158090939145980422006-09-12T15:52:00.000-04:002006-09-12T15:55:39.160-04:00

Today we took LIFC long at 29.77. We will be looking for target of 32.15 with a stop in at 27.39. If target gets hit we will scale out 1/2 and trail. We are using our 1% model.

Geo777noreply@blogger.com4tag:blogger.com,1999:blog-19228377.post-1157768301731968442006-09-08T22:17:00.000-04:002006-09-08T22:37:27.670-04:00

Position Sizing/Retrace StopsHere is another simple position sizing model to consider. Often people will freak out when they see or hear someone using a 25% stop on a position they just entered. What most people fail to understand is the position-sizing model this trader might be using. In my example I will use an account of $25,000. Here is an interesting thing to consider.I’ll use XZY and it is

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157752925086199632006-09-08T18:00:00.000-04:002006-09-08T18:02:05.096-04:00

Here is my initial punch list for next week..ABBI ABD AIR AMAG AMAT ASCA BDC BOOM BSTE BW CHTT CNH COGN CRYP EBAY EFD EGLE ELK ELN ELOS EXPE FLSH IAAC ICE ITMN ITRI KYPH LIFC MAT MATR MEOH MT MTW MYOG NCX NUVO NVDA OMG OSIP OTEX PAAS PCU PD PRXL REGN RI RIMM SBUX SIL SIRF SMH SSRI SYNA TRID UIC VMI VRSN VTAL WCG WIRE WW X XNPT

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157750099257761982006-09-08T17:13:00.000-04:002006-09-08T17:18:17.756-04:00

Here is a list of sub sectors turning up on my scans for possible long positions. Based off this data I will now look into the sector that has the most returns. From here I’ll look into the entire sector to gauge the sector action. This is just a part of my weekend homework.AEROSPACE/DEFENSE - Aerospace/Defense Products & ServicesAEROSPACE/DEFENSE - Aerospace/Defense Products & ServicesAEROSPACE/

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157594143088632372006-09-06T21:53:00.000-04:002006-09-06T21:55:43.110-04:00

We like the current set up in ASPM. Stock is currently in P/B mode and seems to be at a support area. We will look to enter around 19.22 with a stop @ 17.78. We will be looking for 21.00 to scale out. If we take the trade we will be using our 1% model.Note: just because stock hits out trigger does not mean we will just jump in.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157252695720611792006-09-02T23:04:00.000-04:002006-09-02T23:04:55.720-04:00

Folks I apologize for not answering the number of comments that have been coming into this blog. I just found a feature under moderate comments that had all comments stored. I had not a clue about this feature this blog thing has. I’m not a computer geek and so this thing is a work in progress. Once again I did not intentionally blow off any commits that you took time to post.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157245523928377892006-09-02T20:56:00.000-04:002006-09-02T21:17:19.673-04:00

How does one measure success? I think we all have very different perspectives on what success means. We have different values or beliefs on how to quantify various levels of success. I think it begins with goals. Most people who are successful will tell you how they set goals along the way. Is it those tiny steps forward that allow you to obtain your goals? Once you reach a goal is that not

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1157161325926697802006-09-01T21:41:00.000-04:002006-09-01T21:42:05.950-04:00

Results of tonight’s scans:11 stocks from DRUG sector11 from HEALTH SERVICES10 from ELECTRONICS8 from DIVERSIFIED SEVERCESThis leads me to think drugs; health services and Electronics might be the area to focus on next week. BiotechDiagnostic SubstancesDrug DeliveryDrug Manufactures-OtherHealth Care PlansMed InstrumentsI’ll more likely then not await a pull back in the market before buying new

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156970807754667502006-08-30T16:45:00.000-04:002006-08-30T16:46:48.820-04:00

This list is about exhausted and here are the total stocks and percent gain/loss since hitting list. Trigger zone is over and will now need another pull back in the market to receive set-up. This is pretty darn good if I say so myself.NVDA 10.46%FORM 9.23AVCT 9.21TRID 7.75KBAY 7.67MSCC 7.02CBRL 6.82ALTR 6.65ADTN 6.48GOL 6.17STP 6.17BRCM 5.57FSL 5.55FSL 5.55ASML 5.41MEOH 5.24BW 4.68BMC 4.66AIRM

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156886971200240952006-08-29T17:28:00.000-04:002006-08-29T17:29:31.213-04:00

--------------------------------------------------------------------------------Updated stocks that dropped off NVDA STP BRCM FTEK MSCC NTLI CERN HDB MEOH KBAY KFI AVCT ASML INFY JDAS SNX ADTN ALTR JBX WW BMC AB CBRLTonight’s scans does not return much worth a flip. Maybe a few in Silver..

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156809905435455692006-08-28T20:04:00.000-04:002006-08-28T20:05:05.446-04:00

as they left the mother ship: TZOO NVDA MSCC MEOH AVCT

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156795931214288482006-08-28T16:11:00.000-04:002006-08-28T16:14:13.316-04:00

Today we took THQI long @ 25.63 and have stop in at 23.75. Our Target is 27.51. We are using a 1% model. If our upside target gets hit we will scale out and trail.

Geo777noreply@blogger.com4tag:blogger.com,1999:blog-19228377.post-1156557262947181162006-08-25T21:51:00.000-04:002006-08-25T21:54:22.966-04:00

Here is the Delta Relative scan for the industry groups. Plotted point last low on 7/18/06 to current. S&P500 is +4.71%. Here are the groups showing power during same time.TOPBOTTOM

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156556404624189412006-08-25T21:38:00.000-04:002006-08-25T21:40:04.646-04:00

I consolidated my scans tonight of stocks still showing up as TRUE and looked over another batch. Thus far SEMI stocks still have the most out of my results. Here are the sector action showing the most possible set ups.SEMI-BROAD LINESEMI-INTEGRATED CIRCUITSSEMI-SPECIALIZEDSEMI-EQUIP & MATERIALSNumber of SEMI stocks=16Second group is BUSINESS SOFTWARE & SERVICESThis group has 6 stocksFor the most

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156445165371151682006-08-24T14:45:00.000-04:002006-08-24T14:46:05.393-04:00

Today we bot SYNA as per plan!!

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156297484421339952006-08-22T21:43:00.000-04:002006-08-22T21:44:44.440-04:00

We like the current set up in SYNA. It could become a long over 23.22 with stop at 20.82. Initial profit target would be 25.62.

Geo777noreply@blogger.com6tag:blogger.com,1999:blog-19228377.post-1156274324136370092006-08-22T15:17:00.000-04:002006-08-22T15:18:44.163-04:00

http://geoshorttermtrading.blogspot.com/atom.xmlNot sure but I think this is the RSS feed

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1156273019706036442006-08-22T14:53:00.000-04:002006-08-22T14:56:59.720-04:00

Today we took NTLI long at 26.50. Stop in at 24.31. We will target 28.69 to scale ½ position.

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1156201652310829682006-08-21T19:03:00.000-04:002006-08-21T19:07:32.330-04:00

Watch list 36 in P/B mode.15 stocks on list come from Semiconductor groupsBroad lineIntegrated circuitsSpecialized5 come from Business Software & ServicesABAGRALTRAVCTBIDBRCMCERNCYEGLTESEFILEFORMFSLHDBIDTIINTCISEKFIKLACMSCCNGPSNTLINVDAPWEIRBAKREDFSNXSTPSYNATHQITRIDTWTCTXNVCPVRNTWFR

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1155994041976940832006-08-19T09:26:00.000-04:002006-08-19T19:46:28.040-04:00

Well looks like things have been developing in favor of the bulls. I’m beginning to see technology starting to show signs of life. Here are some of the major Sectors that I’ll be watching.Application SoftwareComputer HardwareInternetMuliMedia & Graphics SoftwareSemiTelecomInsurancePossible Set ups:ATRSMUATMIINFYNTLI

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1155695950490723922006-08-15T22:38:00.000-04:002006-08-15T22:39:10.490-04:00

Well the S&P is trying to peep out of the range. This is leading me into Bull turf. Now today’s action looked promising. In fact it caused me to cover a few open shorts. We do need the markets to follow through now. I guess it is getting time to run my scans again. Tonight I did not get a nice list of long candidates and should we follow through I think I’ll get a bunch on the next pullback.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1154457453626928112006-08-01T14:36:00.000-04:002006-08-01T14:37:33.640-04:00

Today we took LRCX short. The set up was a first pullback into resistance. We have stop set @ 44.34 with target @ 36.44. 1% model in play.

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1154182318510437922006-07-29T10:07:00.000-04:002006-07-29T13:20:17.833-04:00

I’m starting another blog that will discuss some portfolio strategies using position sizing and money management. This purpose will not be based on Swing Trading and it actually is just an experiment. I’ve been working on some position sizing models for a while and I’ll update this later. Here is the linkhttp://portbld.blogspot.com/

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1154140530917813192006-07-28T22:26:00.000-04:002006-07-28T22:48:04.883-04:00

This is a very good example of 2 things. First the power of a first pullback and second not micro managing the trade. You can see this stock triggers long and then comes right back in. Most would not have stuck with it, but it never hit my ATR stop. Sure during this chop and drop one had no clue where it was going. Often it has been my experiences too not micro manage the trade. Even if this

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1154131186168386032006-07-28T19:52:00.000-04:002006-07-28T19:59:46.180-04:00

Well I think this current market has been pretty tough to figure out. Notice on this chart of the S&P500 how the action has been choppy and the lack of follow through. I will say this much as for this week’s action things are looking better for the bulls. It does look like we are in a trading range for now. This is why I feel it has been crazy to get in some good swing trades. Measured bull

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1154053981826710292006-07-27T22:28:00.000-04:002006-07-27T22:33:01.826-04:00

Today we took UFPI short @ 50.55. We will target 45.99 to scale ½ our position and trail. We have stop put in at 55.12.

Geo777noreply@blogger.com3tag:blogger.com,1999:blog-19228377.post-1153879043403133292006-07-25T21:52:00.000-04:002006-07-25T22:07:45.153-04:00

Here are a few that are in first Pullback mode after falling out of a base. I would like to see them drift up some more.Top chart is UFPI and bottom JOYG. I also put my list in my Watch/Port link..

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1153531183204439752006-07-21T21:07:00.000-04:002006-07-21T21:19:43.223-04:00

I’m working a formula that attempts to give market direction in relation to BULLS and BEARS. I’m still in the beginning stages of this and will post results as I move forward. Today I show a decisive move for the BEARS with 81% lead over the 19% Bulls. I plan on running this data once per week.Sure it is no surprise but then again if you were long this week chances are you lost money. The data I’

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1153430632758371272006-07-20T17:22:00.000-04:002006-07-20T17:38:03.003-04:00

Well what a difference a day can make. I’m thinking the bear market is still in place. Must have been shorts covering yesterday and or sellers taking advantage of the false rally. The Nasdaq (laggard) gave up all of its gains. The S&P 400 gave up al of its gains as well. How about small caps, same deal. Not good for the bulls today and folks this market is in Bear mode as far as I’m concerned,

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1153262879329034272006-07-18T18:46:00.000-04:002006-07-19T14:31:50.010-04:00

Here is an interesting article I found by Chuck LeBeau. He discusses an exit strategy using average true range. He calls this “The ATR Rachet”. I have never seen this nor have I used it before. Something I’ll give some thought to though.http://traderclub.com/discus/messages/107/1501.html?SaturdayJuly2120010131pm

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1153059318960544152006-07-16T10:14:00.000-04:002006-07-16T10:15:18.976-04:00

NXG-Neckline around 3.89. Target for pattern will be 5.21. FCX-Neckline around 59.63. Target 72.54NTO- Neckline around 5.10 with target 6.60GG- Neckline around 31.73 with target 39.00ABX-Neckine around 30.94 with target 35.11

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152978626691732762006-07-15T11:48:00.000-04:002006-07-15T18:47:16.226-04:00

Several stocks within GDX’s basket appear to be setting up with inverse S/H/S. This chart shows the group for Metals and Mining (GOLD). The character of the chart pattern is within what I believe to be an inverse S/H/S. Notice location of the neckline. I’ve plotted possible TA target should this pattern unfold. The following stocks are within the basket of GDX. Several of these charts reflect the

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152835257980783762006-07-13T20:00:00.000-04:002006-07-14T14:39:31.096-04:00

Here is my plan for now… No Trading. This market is acting up too much for me to make any sense out of it. I feel the best thing to do when this happens is simply don’t trade. I’ll monitor things for now from the safety of the sidelines. Remember my post on capital preservation? Well this is a good time to honor that statement. Only swing open is SSRI and hard stop is in place. My FA stocks that

Geo777noreply@blogger.com1tag:blogger.com,1999:blog-19228377.post-1152755984989236842006-07-12T21:58:00.000-04:002006-07-12T21:59:45.003-04:00

Having read the Worden report I tend to agree with his assumption as to what happened in the markets today. Israel is now widening its war in both the north and South. I think it has been a while since they fought in Lebanon. I also agree with Worden as far as this could erupt further turmoil and instability in the region. The question is where does the United States stand in this? Folk’s

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152740993114040542006-07-12T17:48:00.000-04:002006-07-12T17:49:53.130-04:00

Well what do you do when a trigger occurs and you went long and the price comes back in? I do nothing and mange the trade based off initial stop according to the plan. I’ve given the stops enough room to bounce around. If my ATR stop gets hit I don’t want to be in the stock. Often tight stops have bounced me out in a heartbeat. Nothing wrong with tight stops but I don’t have the luxury of being

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152661964234994092006-07-11T19:41:00.000-04:002006-07-11T19:52:44.246-04:00

I like the set up forming on WNR. Stock bases for a while and then starts moving out. This stock is currently in a pull back and we’ll be looking at 20.93 for trigger long with stop at 19.28. We will look for initial profit area at 22.58. If this target gets hit we will scale out ½ position and trail rest. 1% model will be used for this trade should we enter..

Geo777noreply@blogger.com2tag:blogger.com,1999:blog-19228377.post-1152563047717680722006-07-10T16:16:00.000-04:002006-07-10T16:25:34.563-04:00

Today we took SSRI long on a front run play. Here is the chart with details of how we plan to manage this trade. We are using our 1% model...

Geo777noreply@blogger.com3tag:blogger.com,1999:blog-19228377.post-1152317991723177562006-07-07T20:18:00.000-04:002006-07-07T20:19:51.740-04:00

Initial punch list:

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152311258832904112006-07-07T18:26:00.000-04:002006-07-07T18:27:38.843-04:00

Took one leg from bottom of S&P to current close. During this time frame the S&P was up 3.42%. The following groups have outperformed the S&P over same time period.The numbers to the far right is the percentage increase in relation to the S&P.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152309807472040012006-07-07T18:01:00.000-04:002006-07-07T18:10:54.176-04:00

Well I was hoping for a better turn out from the Bulls. Notice how on this chart the S&P seems to have bumped into resistance. It does feel as if the S&P has been in bumpy mode for some time now. Short term I see next BULL task to take out 1280 and stick. Next Bear Task is 1246. Environment not the best for momentum plays and I’ll run my scans later and see what is going on with the sectors. I’ll

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1152224612836269922006-07-06T18:12:00.000-04:002006-07-11T08:07:47.146-04:00

OII- I like the current set up on OII. It has put in a base and accelerating from this base and currently in P/B mode. One might look to go long over today’s high.07/11/06--OII trying in Pre-M keep an eye for trigger.

Geo777noreply@blogger.com4tag:blogger.com,1999:blog-19228377.post-1150936473969611432006-06-21T20:32:00.000-04:002006-06-21T20:35:37.136-04:00

Not much has changed from my last post. I’m not seeing much on the momentum front. About all the sector charts I look at seem sick and do not support longs. Here are a few sectors that have managed to stand tough despite the broader weakness.Regional-Southwest BanksMusic & Video StoresI’m not crazy about entering any swings right now and still favor the downside for now. The sector charts got a

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1150241728782641762006-06-13T19:33:00.000-04:002006-06-16T23:00:44.166-04:00

So much for the caution shorts..lol The market seems to always make ya feel like an idiot. Well speaking for my self. The breach of 1245 in the S&P was key area that needed to hold. This breach kicked in another acceleration of another selling program. Folks I have not a clue where we go from here. But my little post on the side of this blog is at 1168 this is the October lows from 2005.I’ve been

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1149821760329365252006-06-08T22:55:00.000-04:002006-06-08T22:56:00.340-04:00

--------------------------------------------------------------------------------I’m putting out a caution on Shorts. If you just went short over the last few days’ caution is needed as I think we bounce from here. Now I do also think the bounce will be sold and this may present further opportunities. Having run scans I see more stocks poised to bounce then drop. I’m keying in off S&P and I’m even

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1149634966939120052006-06-06T19:00:00.000-04:002006-06-06T19:02:46.956-04:00

And you thought you had a bad day!!!

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1149541218622228122006-06-05T16:52:00.000-04:002006-06-05T17:00:18.636-04:00

Here are the top droppers on my short list today. I was a little early with posting it. Notice 76 stocks total on the list.

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1149473290752594452006-06-04T22:05:00.000-04:002006-06-04T22:09:29.143-04:00

Well can’t argue with the bounce this past week. I’m not reading anything into it as I’m still thinking the bounce may not be long lived, but one never knows. I did get stopped out of my LDG short position with a loss. Oh well can’t win them all.Here is my EFT watch list. I will mention a few possible longs IYH XLU IDU XLV BBH XLU VPU (UTH on pullback). I did notice running sector scans the

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1149031937772544292006-05-30T19:20:00.000-04:002006-05-30T19:32:17.783-04:00

S&P 500 chart readMonthly- chart shows huge reversal to the down side and is still in the channel with bottom channel about 1232. P’s also currently @ 4 month lows.Weekly- chart trending lower and may reach for the lower channel.Daily- does not look promising for the bulls and if last weeks low is breached this may very well trigger another sell program that might test lower channel. If lower

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1148739550667537542006-05-27T10:17:00.000-04:002006-05-27T10:19:10.696-04:00

Here are a few I’ll be looking at next week and why (short term)IVAC- stock is currently in first pullback (P/B) after dropping out of base. Stock did trigger on 5/24 and come back in. I think stock may offer 2nd entry below Fridays low. If pop above 5/23 highs I’d continue to stalk to see how it acts at the bottom of the prior base. Were looking for about 2.70 points on the trade.MBT- has

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1148677273030482872006-05-26T17:00:00.000-04:002006-05-26T17:05:18.940-04:00

Friday 5/26/06

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1148598647065388522006-05-25T19:10:00.000-04:002006-05-25T19:10:47.080-04:00

Well the bulls come out to play today. Or did they? I’m still not bullish on the markets right now and here is why. Having run my database I’m still seeing more short set-ups then long. Sure we got a nice bounce today but it will take more then just a bounce to get me bullish. If I see more short set-ups then long I must listen to the whisper of the scan. Yea we could rally from here and break

Geo777noreply@blogger.com0tag:blogger.com,1999:blog-19228377.post-1148596946383799742006-05-25T18:38:00.000-04:002006-05-25T18:51:33.700-04:00

KSS did have a nice drophttp://geoshorttermtrading.blogspot.com/2006/05/sector-review-51906.html

Geo777noreply@blogger.com0