Steckler's Star Studded Stock Picks

[DSteckler]

Which radio show? There are a couple of nationally syndicated guys on the radio who take their cue from one of the Barron's writers, who takes some of his cues from stuff I send him. <BG>

[Runner]

That's very good advice.
I've been investing seriously since '83 and much longer than that on an occasional basis. And 'ya know what, when I got onto the boards back in '97 I started finding people that seemed to be right so often...And then in 2001 I starting running into some real sharp people. I remember a few times that I bot some stocks just because these "sharp" people mentioned that they bot 'em...Well, guess what?...I lost money on every single one of them...When I posted about them I heard things like..."Oh...I sold that last week". The whole point is that make sure you do your own DD before buying a stock that someone who seems sharp (Or actually may be sharp) posts.

(IIC)

Awesome stuff their Doug. You could take everybody on this forum and all get in a stock at the same price and guess what? We all would have different results. Emotions is one powerful monster in the markets!!

[dmk112]

Which radio show? There are a couple of nationally syndicated guys on the radio who take their cue from one of the Barron's writers, who takes some of his cues from stuff I send him. <BG>

LOL. Investors Edge with Gary Kaltbaum.

[DSteckler]

First five days of January

Look like they will sum up to a positive return. According to the old investing chestnut, that means 2006 will turn in a positive return.

[DSteckler]

Float &lt; 7 million, ERG &gt; 250

PARL - a stochastic pop setup today. Very high %OScore of 65%.

[DSteckler]

Oil

XOI bumping up against the resistance line of a rising trend channel.

[Lyehopper]

Parl

I own this stock, I first bought it in the summer of "04" around $8.... tremendous insider buying at that time caught my attention.... PARL has a high short interest % and it's a little speculative. Be careful and don't bet the farm an this one. But hey.... if it does break out.... WATCH OUT!!!!

[DSteckler]

Update

ATML reached my short-term target of $3.65 so I closed the position (9.4% in two days). Will look to reenter on a pullback.

AMLN broke out on very heavy volume, currently more than 2X ADV.

Only real soft spot in the trading portfolio is BZH. The homebuilders index is making an inside day.

[DSteckler]

cdis

O&G company that's breaking out on a little better than average volume. Technicals look good. ERG is a very high 284. RS rank = 94 so if it moves up one more point, a pullback could be the start of a Cooper 1-2-3-4 pattern.

[DSteckler]

Gigm

Nice continuation from Wednesday's big breakout. It's run up to the 1.618% Fibonacci extension level of the 7/8/05 - 9/26/05 decline.

GIGM is well above the resistance line of the former rising trend channel and I have the next Fibonacci extension target around 4.75. The stock will need to close above 3.65 before a test of that level is likely to happen.

[DSteckler]

bgc

Nice breakout in this electrical cable company. Estimates for the upcoming quarter are +63.64% vs. year ago and +23.94% for the next quarter. The Revenue % Change is accelerating, which is very bullish. This is another stock with RS rank = 94 so here too, one point higher and any pullback will be treated as a Cooper 1-2-3-4 candidate.

[DSteckler]

Amln

Setting up to be a failed breakout? If that happens a test of the 20-day EMA is almost a given and a pullback to the 50DMA is very possible.

[DSteckler]

ATML update

Wide range today and a closed just above the open. A spinning top, in Japanese candlestick parlance. Usually interpreted as a sign of indecision and a possible topping signal when at the end of an uptrend.

OTOH, the move from late September to 12/2 is an A Wave, from 12/2 to today a B Wave, and today could be the start of the C Wave.

[DSteckler]

CAAS update

Cleared the coil resistance line and halted today almost exactly on the 38.2% retracement line of the 11/22 - 12/20 decline. Next resistance level is the 50%, around 8.20.

[DSteckler]

GIGM update

<< GIGM is well above the resistance line of the former rising trend channel and I have the next Fibonacci extension target around 4.75. The stock will need to close above 3.65 before a test of that level is likely to happen. >>

Done. Closed today at 3.80, up 19%, a real monster.