Steckler's Star Studded Stock Picks

[Gatorman]

WHQ just popped above Friday's high.

It appears that all 3: WHQ, TS and ATI are looking good.

[DSteckler]

New Spyders

Started trading Friday:
DB Commodity Index Tracking Fund (DBC)

Starts Trading today:
SPDR Biotech ETF - XBI
SPDR Homebuilders ETF - XHB
SPDR Semiconductors ETF - XSD

[DSteckler]

<< It appears that all 3: WHQ, TS and ATI are looking good. >>

TS just popped through Friday's high. ATI is working on it but hasn't gotten there yet; pivot is 52.75.

[DSteckler]

Skinny mini

A buddy just told me about ASYS. Float = 1.8 milion and PSR is less than 1. Mmm, mmm, mmm, mmm, mmm...tasty <g>.

[DSteckler]

Nice gap on JLG

Only pennies away from a NH.

[DSteckler]

IFN strong

Textbook bounce off the 20-day EMA on Friday. Looks just like a Cooper 1-2-3-4 breakout only it isn't because the RS is only 90 - needs to be 95 or higher to be a C1234.

[DSteckler]

A buddy just told me about ASYS. Float = 1.8 milion and PSR is less than 1. Mmm, mmm, mmm, mmm, mmm...tasty <g>.

Well, that sucked.

[spikefader]

low volume slippery sucker that one.

[DSteckler]

Probably got slammed on some BB chat rooms. Only 5% insitutionally held so I don't think there's any elephants jumping out of the pool, but you never know.

[DSteckler]

ASEI - guess the Fools are kicking in

ASEI trading at the high of the day.

[DSteckler]

PD flagging

Copper is hot.

[Trevormore]

Sirf

Re-entering SIRF here at 36.10....looks like a little breakout over its 50 dma on the 5 minute chart...

[Gatorman]

ASEI trading at the high of the day.

It pulled back a bit but still had a nice day as did the 3 Cooper stocks.
Would be interested in seeing some more Cooper picks and follow to see how they trade on days 4 and 5.

[New-born baby]

Asei

ASEI trading at the high of the day.

I watched this one today. Very nice move. Should have bought in like you said. Would be up $3 already. Looking for a lot more upside now.

[DSteckler]

<< Would be interested in seeing some more Cooper picks and follow to see how they trade on days 4 and 5. >>

Cooper stocks usually exit on the 3rd or 4th day. Upon entry a protective stop is placed just below the low of the day before entry. Once the gain equals that risk, sell half the position and raise the sell stop to breakeven on the remaining shares. Use a trailing stop on these shares.

For example, assume I went long WHQ today once it hit 45.75 (yesterday's high was 45.71). Yesterday's low was 44.01 so the risk is 1.75. Add 1.75 to the entry (45.75 + 1.75 = 47.50). I'll sell half my shares at 47.50 limit; raise my sell stop to 45.75 on the balance; and use a trailing stop if WHQ keeps moving higher than $47.50.

In a bull market some traders wait for reward = 2X risk before selling half their position.