Peanut's Potent Plethora of Profit

[DSteckler]

Nope, was my own idea... protecting profits while also giving them a chance to run

Rev Shark also sold SWHC today. I'm playing PTSI, which I bought Monday between 24.25 and 24.35.

[peanuts]

I'm out of station until Friday. I'll be leaving for Huntington, WV woohoo!!! I might be able to check in between now and then. Anyone care to take guesses why I'm going to lovely Huntington?

Hijacking this thread is welcome-------

[Rob]

I'll be leaving for Huntington, WV woohoo!!!

I don't have a guess why you're going there, but I have a cousin there. I haven't been to Huntington in a few years, but there was a fantastic Mexican restaurant I went to there, better than anything they have in Roanoke, for sure. If it's still there, and if you like Mexican food, you should check it out. It's called Chilli Willy's. (I'm not sure of the spelling; try different variations, like Chile Willie's, et al.)

[Websman]

I'm out of station until Friday. I'll be leaving for Huntington, WV woohoo!!! I might be able to check in between now and then. Anyone care to take guesses why I'm going to lovely Huntington?

Hijacking this thread is welcome-------

I'd hijack your thread, but I'm not posting enough on my own thread.

What about SIRI? Anyone?

[Lyehopper]

I'm out of station until Friday. I'll be leaving for Huntington, WV woohoo!!! I might be able to check in between now and then. Anyone care to take guesses why I'm going to lovely Huntington?

http://www.swvainc.com/about.html I'll guess it'a a sales call at "Steel of WV".... I was on a sales call in Dublin VA all day today....

[IIC]

So Rev sells SWHC...I might have to rethink my pullback thoughts...LOL

Do you get your $500mo worth???

Watch the Old SuperTraders Trade...I'll pass since all their stuff is available for free anyway...I like their threat of suing people for $10,000 if they leak proprietary info...Hmm...Who actually pays for this stuff???

http://www.sharkinvesting.com/terms.aspx

[peanuts]

I don't have a guess why you're going there, but I have a cousin there. I haven't been to Huntington in a few years, but there was a fantastic Mexican restaurant I went to there, better than anything they have in Roanoke, for sure. If it's still there, and if you like Mexican food, you should check it out. It's called Chilli Willy's. (I'm not sure of the spelling; try different variations, like Chile Willie's, et al.)

I had the Texas Chili. It's really good- no beans. I had fish tacos (grilled Mahi Mahi) for the first time, ever. Not bad, and certainly filling. They are having a very large chili contest / festival this weekend. The winners go on to the next round. I love spicy hot chili!

I don't know about the spelling, but it is located on 4th Street near the Marshal campus. The waitress was pretty cute and invited me back next time I'm in town

[peanuts]

so close, Lye

http://www.swvainc.com/about.html I'll guess it'a a sales call at "Steel of WV".... I was on a sales call in Dublin VA all day today....

Close- Special Metals. They were recently bought by PCP. They make high performance alloys for the aerospace industry.

I did pass by Steel of West Virginia, however.

I had to drive through monsoon-like rain on the way there and had several doses of adrenaline as I hydroplaned on rte. 2.

[peanuts]

So Rev sells SWHC...I might have to rethink my pullback thoughts...LOL

Do you get your $500mo worth???

Watch the Old SuperTraders Trade...I'll pass since all their stuff is available for free anyway...I like their threat of suing people for $10,000 if they leak proprietary info...Hmm...Who actually pays for this stuff???

http://www.sharkinvesting.com/terms.aspx

Oh great, Doug... now they're going to come after me for having that link on this thread. They actually have you pay for something that is free?

[peanuts]

MOMO update

CURRENT MOMO PORTFOLIO:

USLM, avg $29.5842 ( reduced by 33% 8/8 )
CADA, avg $19.90
TIII, avg $3.0873
LOGC, avg $1.974 ( added 8/8 and 8/9 )

Did some trading today in my MOMO portfolio. I trimmed 33% of my LOGC position at $2.70 for a 36.7% gain on those shares in 5 weeks!

Today, I also re-established a full position of USLM at 30.46 - 30.60. I will fully update the portfolio later today for anyone that is interested in this $$$profitable portfolio$$$. Running short on time now.

It is possible to profit on low float, low volume, micro caps. Be very careful of your trading, however. Patience is key- both for your buys and sells.

[peanuts]

NASDAQ warning us?

I don't like the looks of Friday. It seems that the Nasdaq wanted to go higher in the morning, but a nearly balanced mix of buying and selling made the value slip throughout the day. It opened strong, closed weak, but still closed higher than the previous day- all this on higher than average volume. To me, that means to get defensive, and to take extra caution on buying... Here's what I am looking at:

[skiracer]

I agree with you that some consolidation is needed from here. Here is Briefing.com's "The Technical Take" says about it. I'll need to take up two posts as I don't want it going wide on me.



[IMcG]http://img158.imageshack.us/img158/1940/brief2bu1.png[/IMG]

[skiracer]

Here is the remaining part. Overall I think we are in an uptrend through the 3rd qtr. but it needs consolidations along the way.
You should be able to judge your trades inbetween the ups and downs if you follow the trending methods and honor your stops.
What I like about these guys is they give alot of info on sector strength and weakness. I like to look for stocks in the sectors that are the ones to be in.

[peanuts]

What I like about these guys is they give alot of info on sector strength and weakness. I like to look for stocks in the sectors that are the ones to be in.

Decent read, Ski.

I use marketwatch's sector watch website for finding sector movements: THIS IS THE LINK

Oil and Natural Gas will have to rebound sometime and I am patiently waiting for that to happen. I'm compiling a watchlist in this group because I think there will be a lot of action (up and down, but mostly down) in the coming months.

[peanuts]

last week's results

IBD 100:
ANST $24.11
CTRP $51.63
FMD $52.98
CTCM $22.55
HITT $41.56
OFLX $23.43

CANSLIM:
CACB $34.04
TXU $66.98

Major Indices move last week: DOW: 1.48%, NAZ: 3.22%, S&P500: 1.61%

TICKER, $beginning price, $ending price, 1 week % return (positive or negative)

IBD 100:
ANST, 24.11, 25.14, 4.27%
CTRP, 51.63, 49.35, -4.42%
FMD, 52.98, 61.45, 15.99%
CTCM, 22.55, 21.38, -5.19%
HITT, 41.56, 42.92, 3.27%
OFLX, 23.43, 20.44, -12.76%

CANSLIM:
CACB, 34.84, 34.04, 7.70%
TXU, 66.98, 61.45, -8.26%

The market put in a strong positive weekly performance. The volume picked up quite a bit and increased buying has pushed the indices higher than recent resistance levels. The highs from early May will act as the last bit of resistance before a bull market continuation can be proclaimed. Once these levels are surpassed, they should act as nice support. These are the levels in the major indices to watch:
DOW- 11600
Nasdaq- 2350
S&P 500- 1325

***I have amended some of the screening criteria regarding the latest Q EPS growth. This is done to eliminate the stocks which may not have a strong interest from traders.