Steckler's Star Studded Stock Picks

[DSteckler]

I've got the last four quarters as -.27, .04, .68, -.05.

[DSteckler]

test test test

[DSteckler]

Housing

Double bottom on the $HGX. Some minor support a few points lower. Stronger support at the 200-week MA, currently around 193, which corresponds to a 50% retracement of the advance since the 2003 low.

[DSteckler]

ZOLT breakdown

Filled the 5/11 gap and now trading below the 20-day EMA.

[DSteckler]

Ntri

Working its way back to the recent high on decent volume.

[ninner]

any comments on TALX AND KEYW.....I BOUGHT KEYW today and i have been holding TALX since 30....both are looking relatively strong this week compared to the decimation of the market.

cheers

[DSteckler]

TALX has taken quite a haircut since its January high and has been trading below its 200DMA for a month. Watch volume if it rallys back to the 200DMA - if weak, you could use the rally as an opportunity to sell.

KEYW obviously has been under distribution the past three weeks. Of concern is the low volume Thursday and Friday, well below the 50-day average daily volume. If the market flys right next week there could be a move up to the 20-day EMA.

[DSteckler]

No Cooper candidates this week

Too much damage.

[DSteckler]

Bow tie candidates for next week

ASTT


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.

[ninner]

TALX has taken quite a haircut since its January high and has been trading below its 200DMA for a month. Watch volume if it rallys back to the 200DMA - if weak, you could use the rally as an opportunity to sell.

KEYW obviously has been under distribution the past three weeks. Of concern is the low volume Thursday and Friday, well below the 50-day average daily volume. If the market flys right next week there could be a move up to the 20-day EMA.

i simply love stocks that have had a nice haircut....i had some dry powder on friday and bought some more talx. Company strong...stock a little broken i have 55 by 2007 and when the momentum players get ahold of this once it reaches new highs it could go higher.....same for KEYW......price target of 40.

[DSteckler]

Stocks usually get a haircut for a reason. The relative performance of TALX compared to its group has lagged badly since late January. It's ROE and ROI also lag both its sector and industry peers.

[ninner]

rev growth and margins are better than the industry by far.....simply a time for it to rest.

cheers

[Runner]

ASTT


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, Semi Equip has been getting smoked as of late. In fact the sub group I see has 51 stocks with in and about every one has melted. Are you shorting ASTT? Only stock in the group that has not been whopped is LTXX and AEHR. I think the group looks like a real nice short off the next bounce. What do you think?

[DSteckler]

Nope, not shorting ASTT. If the bow tie buy conditions are met, the stock gets bought; if they're not met, no buy signal is triggered.

Both the Semi Manufacturing and Semi Equipment could be shorted on a rally to the group's 50DMA. Shorting an ETF would work.

[DSteckler]

One to watch today

RTN has been holding its 50DMA in a symmetrical triangle. The support line is less than 1 point from yesterday's close. Volume Flow Indicator went bearish yesterday.