Tatnic's Terrific Trades

I noticed that AMSC looks very nice here.

To answer your question Rob, here's something from yahoo:
http://finance.yahoo.com/q/cp?s=%5ESIS

did I mention that AMSC looks good here? I don't own it currently and am trying to not get carried away by this overly optimistic market, but this chart is right where I like to see them. So it may warrant a "just in case" position.

[spikefader]

I just noticed that EBAY has formed this pattern (inverse head and shoulders) on the weekly charts. But it has to break above that neckline (around $34) with volume. If it does, the pattern measures around 11 points or a target of $45, give or take.

I'm liking EBAY long side these days.

Inverse H&S

Got an alert today but the stock has already expended quite a bit of fuel on its last move up, so there's no volume left. And it doesn't look like it will close over my resistance level of $34 tomorrow. Even if it did, it really doesn't have the volume I'd like to see for a sustained breakout on the weeklies.

I just noticed that EBAY has formed this pattern (inverse head and shoulders) on the weekly charts. But it has to break above that neckline (around $34) with volume. If it does, the pattern measures around 11 points or a target of $45, give or take.

Found it.

http://www.streetauthority.com/terms/index/semiconductor.asp

Thanks for those others, that are actually tradeable ETF's.

I noticed that AMSC looks very nice here.

To answer your question Rob, here's something from yahoo:
http://finance.yahoo.com/q/cp?s=%5ESIS

Here's another one from yahoo (smh). I haven't found the actual phillie sox index components but you can start to see a pattern

http://finance.yahoo.com/q/hl?s=SMH

Tatnic, I've been following the sox lately also. WFR and DIOD had both shown up on one of my screens a while back and I never bought either one. I bought some AEIS yesterday at $20.30 and MKSI today at $25.06. Also holding some TSRA since 29 Jan, which is only slightly different sector than WFR, AEIS and MKSI.

Do you know where I can find a listing of which stocks actually comprise the SOX?

regards ... stenz

I noticed that AMSC looks very nice here.

To answer your question Rob, here's something from yahoo:

http://finance.yahoo.com/q/cp?s=%5ESIS

...as soon as I posted about the sox perking up, Diod popped up on my alerts. I bought a little but I may be guilty of pushing things here. Its a breakout for sure, but if the sox do not clear 490, I'll most likely put a short leash on Diod.

Tatnic, I've been following the sox lately also. WFR and DIOD had both shown up on one of my screens a while back and I never bought either one. I bought some AEIS yesterday at $20.30 and MKSI today at $25.06. Also holding some TSRA since 29 Jan, which is only slightly different sector than WFR, AEIS and MKSI.

Do you know where I can find a listing of which stocks actually comprise the SOX?

regards ... stenz

Thanks tatnic....I like it!

You're welcome you guys. I'll try to stay current but cannot promise anything but an honest effort. I might post some trades from the past, good and bad to share what I think went wrong or right.

Along that vein, I'm about a whisker away from declaring defeat on my oih puts trade. My magic level will be a close today over $140 will get me out, for a loss. If the stock is over $140 by 3:50pm, I'm out. It will represent a loss of around 0.5% of port. value. But my stop loss for OIH is based on the $140 level and not a set %. (My position size was more closely correlated to portfolio size and max. loss per position). I've been dabbling in trading these oih puts over the past month or so and my record will be a slight gain if I get out this afternoon. To summarize, its not been worth the effort and strain.

But, if OIH does close today above 140, then oil/gas stocks should do well for the next few weeks. I'm guessing I'll start seeing more of them pop up on my alerts.

Diod

...as soon as I posted about the sox perking up, Diod popped up on my alerts. I bought a little but I may be guilty of pushing things here. Its a breakout for sure, but if the sox do not clear 490, I'll most likely put a short leash on Diod.

[mrmarket]

Thanks tatnic....I like it!

[jiesen]

Yeah, great stuff, Tatnic! It's about time we got back to serious stock talk around here!

[New-born baby]

Hey!!!

GREAT POSTS, TATNIC!!!!.

I like your thread. Keep up the great work~

EBAY--not yet

Got an alert today but the stock has already expended quite a bit of fuel on its last move up, so there's no volume left. And it doesn't look like it will close over my resistance level of $34 tomorrow. Even if it did, it really doesn't have the volume I'd like to see for a sustained breakout on the weeklies.

Sox

...just noticed that they're perking up here..broke out of a fairly large triangle but I think they need to clear 490 and stay above it before more individual charts start breaking out. But its time to start building a list...any ideas would be appreciated (I bet peanuts has a few good ones already on his watch list). I bought IMOS a while back and like the looks of it, although I was sweating a little last week when it retraced sharply.

So please share some ideas and lets put 'em on a watch list.

Qcom

http://stockcharts.com/h-sc/ui?s=QCOM&p=W&yr=1&mn=6&dy=0&id=p40641150511

ok...this one broke out last week and really accelerated. But after such a huge move, its stalled here.

Even though it was a great b/o, w/ lots of volume, moving abouve resistance, etc...the bollinger bands were not as constricted as I like to see them. So don't be surprised to see this one rest some more and it digests its strong move last week.