FA help...

I was checking out some fA stuff and was wondering what some of you think of the fundamentals on CRDN? Is this stock a value play to 65?

Since the Key reversal day in the S&P 500 on 5/11/06 this is how the FA stocks I selected based on Fundamentals have thus faired the dark clouds:

DXPE -36.87%
LVS -11.25%
NTRI -14.16%
RES - 30.65%
HANS - 15.35%
ARXT +7.67%
BJS -12.74%
FCL -29.06%
QSII +17.67%
ISRG -11.65%
GOL -20.37%
CTSH -13.39%
LCAV -14.99%
NSR -16.17%

Not a pretty sight and it just goes to show how some high flyers flop when a key reversal in the indices occur.

[IIC]

Wow my FA list has been really taking a whopping. I’m glad I did not buy any yet.

The good eps, high RS stocks on my lists as well as IBD's lists have taken a beating the last couple of weeks...These stocks overall tend to be volatile...Best to leave them alone for now IMO...Best, Doug

Wow my FA list has been really taking a whopping. I’m glad I did not buy any yet.

[IIC]

For some reason some of my FA picks have fallen off the scan. Here are the scan results as of close Friday

LVS NTRI DXPE RES HANS ARXT BJS FCL QSII ISRG GOL CTSH LCAV NSR

Nice list...But heed this advice which I post on my Stockcharts.com Public charts thing:

"Look for stocks with the BEST fundamentals when they are technically ready"

That's not the exact quote...But same thing...Best, Doug(IIC)

For some reason some of my FA picks have fallen off the scan. Here are the scan results as of close Friday

LVS NTRI DXPE RES HANS ARXT BJS FCL QSII ISRG GOL CTSH LCAV NSR

[IIC]

Doug pretty good numbers as long as they are worth it. Your batting average seems great. 36/26=1.38.

Day Trades are much easier than longer term trades...But I don't put as much money into them...Doug

Doug pretty good numbers as long as they are worth it. Your batting average seems great. 36/26=1.38.

[IIC]

I hear you and I think everyone has their own deal on how they do things. I’ve been in scalp mode as on late with MED being a real nice winner last week. GOL I lucked up on and held for a few days and got out today. Doug do you scalp off 1 min charts?

Yes...But I have not made that many recently...36 in the last month to be exact...26 gainers...But did not make as much on them as I lost on my longer term holdings...But no prob...Sh*t happens...As long as it doesn't happen too often...Doug

What is your definition of Trigger Point...I call it "Flash Point" myself...Sometimes "Action Point"...But what is that point?

I would have a hard time explaining my def....Because it may depend on my goal...Quickie trade...Swing trade...Intermediate...Long Term...Doug(IIC)

The reason I asked about the 1 min charts. I’ve done much better off 15-60 min then the 3. Not sure why that is but seems to have been working. I’d get to jumpy with each little tic and sell way to early or take a loss way to soon.

I’ve got to be careful with the scalps because it gets me out of sync with swings. I told myself this Year I would not do it and here I am scalping.

I hear you and I think everyone has their own deal on how they do things. I’ve been in scalp mode as on late with MED being a real nice winner last week. GOL I lucked up on and held for a few days and got out today. Doug do you scalp off 1 min charts?

A trigger point is the place you plan to buy at. In the pullbacks it is normally .10 from prior days high. This does not mean you pull the trigger on everything that trips it. It also takes on some discretion..

[IIC]

IIC, I’ve studied Dave Landry’s system for a good while and like his persistent pullbacks. I’ve got his disks and really like the simplicity of it. I’ve done very well with it but the system is very streaky as it is all momentum based. I need three primary set ups to go long. Market, sector, and stock before trigger point.

I’m getting interested in learning about the FA stuff as I normally can’t even tell you the name of the company or even what they really do.

What is your definition of Trigger Point...I call it "Flash Point" myself...Sometimes "Action Point"...But what is that point?

I would have a hard time explaining my def....Because it may depend on my goal...Quickie trade...Swing trade...Intermediate...Long Term...Doug(IIC)

HERD...Sounds like a bunch of mindless cattle...LOL

I just remember who that guy is. Mr. IBD sorry about that. I had the newspaper from those guys my first year. That darn daily market takes or big picture got me in trouble. They did not come out and say bear until the blood was over with..

IIC, I’ve studied Dave Landry’s system for a good while and like his persistent pullbacks. I’ve got his disks and really like the simplicity of it. I’ve done very well with it but the system is very streaky as it is all momentum based. I need three primary set ups to go long. Market, sector, and stock before trigger point.

I’m getting interested in learning about the FA stuff as I normally can’t even tell you the name of the company or even what they really do.