Steckler's Star Studded Stock Picks

Go west, (not so) young man

Off to San Diego early in the a.m. Sunday. Cya on line!

Dave...is their any record of how these bow tie stocks pan out overall?...thx...Doug

Doug, those are just the entry criteria. How well they work out (assuming the trade is entered into) depends upon your exit and money management criteria.

[IIC]

ACU
CKSW
KSP
SNN
SYMC
VLI


1. The MAs shift from proper downtrend order (10-SMA < 20-EMA < 30-EMA) to proper uptrend order (10-SMA > 20-EMA > 30-EMA). What you're looking for is for the MAs to converge and then spread out again, giving the appearance of a bow tie.

2. Today's low must be less than yesterday's low.

3. Tomorrow, place a buy order 1 - 2 ticks above today's high good for tomorrow.

4. If not filled, continue to work the order above the prior day's high good for the next trading day until either filled or the stock trades below its 20-day EMA.

5. If filled, place a protective stop below the lowest bar in the setup.

Dave...is their any record of how these bow tie stocks pan out overall?...thx...Doug

Upside bow tie candidates for next week

ACU
CKSW
KSP
SNN
SYMC
VLI


1. The MAs shift from proper downtrend order (10-SMA < 20-EMA < 30-EMA) to proper uptrend order (10-SMA > 20-EMA > 30-EMA). What you're looking for is for the MAs to converge and then spread out again, giving the appearance of a bow tie.

2. Today's low must be less than yesterday's low.

3. Tomorrow, place a buy order 1 - 2 ticks above today's high good for tomorrow.

4. If not filled, continue to work the order above the prior day's high good for the next trading day until either filled or the stock trades below its 20-day EMA.

5. If filled, place a protective stop below the lowest bar in the setup.

Looks like somebody's buying it off the bottom today.

Based on the low volume today I'm guessing that's some short covering.

[Lyehopper]

Look at the monthly chart (EBAY) and you'll see it's pulled back 62% of the high-low rise since the IPO.

Looks like somebody's buying it off the bottom today.

EBAY in deep kimchee

Look at the monthly chart and you'll see it's pulled back 62% of the high-low rise since the IPO.

Worth watching today

AGI - high tight flag.

CVO - has been climbing steadily since 4/05.

GRMN - a long-time board favorite with an extremely low ADX. Trading lower in pre-market and the Volume Flow Indicator turned bearish (showing distribution) yesterday.

Down almost 6%.

Talk about a reversal! ABI bounced off the 20-day EMA and is now up for the day.

Looks like a downside breakout on ABI after earnings release.

Worth watching today

ABI - continues to coil.

GRMN - a long-time board favorite with an extremely low ADX. Trading lower in pre-market and the Volume Flow Indicator turned bearish (showing distribution) yesterday.

SHOO - it's da shoes.... Trading up 11% pre-market.

[Lyehopper]

Sorry!!!!

I don't see a cup/handle in WMG Dave....

Just noticed the date on your post was 7/10/06 Dave.... Sorry! It was showing a cup/handle back then.

[Lyehopper]

WMG failure....

WMG - formed a cup, now forming a hadle.

I don't see a cup/handle in WMG Dave.... but I'm not sure exactly what a "hadle" is. .... maybe it's a "pro thang".....je....je....je

Post us a chart so we can see what you're talking about dude.

Actually I see a great short play.

Dave what do you think Is going on with GPS?

Looks to be under distribution.