IIC's Winners Watchlists

[MEA_1956]

Re: Support/Resistence

Support/Resistence

NAZ...1940/1878 and 1980/1997...I'm gonna take a flyer here and say we hit 2000 before the end of the year...But then again, I'm giving 7 1/2 for Nebraska to win the Alamo Bowl on 12/29.

Now I Am Here To Tell You, This man must he half crazy, He has stated that he is a GRAD. from UNL so he can not be speaking from a level playing feild. He is now living in sun shine only dreaming of the cotten and wishing it were corn, for corn has a better value. I also must, must be the other half of his crazyness, for I to will go on record, NE 7 1/2 over Mich. St. in the Alamo bowl. The only dif. here is I am speacking with a Russian Accent. that is a White Russian Accent. Go Big RED And make Frank, Tom and Bob PROUD. ===> MEA The turff @ NU has not be level sence !974 when this state lost a fine man, yes that was the year that he chose the sand. Let's all give it up for IIC and tell him welcome to the Earnie side of life, and thank him for the picks that he has to offer. THANKS

[IIC]

SHRP

Raised Guidance
SHRP

http://biz.yahoo.com/djus/031226/0841000152_1.html

NAZ should open up this morning...Good Luck To All

[IIC]

FYI

9:11am 12/26/03
Fed in no hurry to raise rates, McTeer says By Rex Nutting
WASHINGTON (CBS.MW) -- The Federal Reserve won't rush to raise its interest rate target as long as U.S. inflation is not a clear danger, said Robert McTeer, president of the Dallas Federal Reserve Bank. Appearing on CNNfn, McTeer said he sees plenty of slack in the U.S. economy even as the recovery gains steam. McTeer is not a voting member of the Federal Open Market Committee in 2004, but he does participate in monetary policy discussions.

[IIC]

AMZN

AMZN...Good holiday sales...should move today

[IIC]

BOT

BOT AKS

[IIC]

BOT

BOT CCBL

[IIC]

BOT

BOT EMRG

[Michaelk005]

What do you like about AKS the Steel company?

[IIC]

AKS

What do you like about AKS the Steel company?

Steel stocks got a lift from overnight news that the Chinese government lifted tariffs on imported steel, two years earlier than originally intended. The tariffs, which were imposed last year, were meant to last three years. The U.S. had scrapped its own steel import tariffs earlier this month. Both U.S. Steel (X: news, chart, profile) and AK Steel (AKS: news, chart, profile) shot up 3.6 percent while Nucor (NUE: news, chart, profile) rallied 2.0 percent.

I went to the DailyGraphs Industry Groups this morning and did my one minute DD and came up with AKS...when I'm playing on news there isn't much time to do any legit DD...but on my News Plays I usually go in light.

[IIC]

GSS

My first Weekend Watch pick is GSS...Group, Metal Ores-Gold/Silver is #11 and was the 5th best today(DGO Groups)...GSS recently corrected 31% from a 6 yr. high and has moved well to come back 21% off that 5.94 low...now looks poised to make a move if the group continues up and we get some volume on the upside. The vol. on the upside was actually pretty good the last 2 days considering the short trading sessions...Also has good recent EPS reports and good projections...IIC

[carribean_mike]

I made nice money off of GSS last year. Also take a look at BGO and CDE.

[IIC]

I made nice money off of GSS last year. Also take a look at BGO and CDE.

THX Mike...They look good...I am putting them on my "A" List

[IIC]

Weekend Watchlist

There were so many setups this weekend...I have 66 on my list. Here are my top 10 to watch on Monday. If the NAZ can go through 1980 we should be in good shape:

GSS BGO CDE BNSO THER ACO TRID OPNT TRCI MTZ

[Michaelk005]

I had posted CDE a long time ago on your page ICC, its a great stock, if your into metals this wek keep your eye on WHT, i made some nice change on it last week.

[IIC]

I had posted CDE a long time ago on your page ICC, its a great stock, if your into metals this wek keep your eye on WHT, i made some nice change on it last week.

THX...'Ya know I have been changing my trading ways the last few months. In the past I stayed away from groups that I found boring or just didn't like for one reason or the other. That was a big mistake for many years...I finally came to realize that the market could care less what I like.

I am going more with the flow whatever that may be at the time. It is working very well.

I will formally document what I'm doing when I think I have it pretty well down...kinda like Ernie has his criteria documented.

However, I am basically looking at the following to find my lists and pix:

-Determining the Market Direction on a Technical basis(Market Indicators and Support/Resistance levels on the NAZ)
-Checking the Top IBD Groups and Groups that are advancing
-Finding the best stocks in those Groups(High RS preferred))
-Charting those stocks(Basically looking for good stocks that are on the move...I especially like one's that have recently corrected and are moving back up on vol.)
-Fundamentals...I don't pay much attention to IBD EPS ratings...I look at recent qtrs and projections

A good place to find ideas is the DailyGraphs Top 100 RS reports...It is updated throughout the day on a 20 min delayed basis. The DG Industry Group section is also updated throughout the day. I watch it when I can to see which groups are moving.

I also like stocks that are tightly basing with volume drying up...I look for those on the weekends...Unfortunately, I have a full-time job...so sometimes it is difficult to follow everything during the day...but my job does allow me to watch the markets more than most.

I look for bases at a paid site called http://stockciphering.com It is well worth the $300.00 a yr. I look for Canslim ideas at another site called http://gabrielsmoneypage.com For only $30.00 year it is the best deal in town.

I also make "News" plays...Increased guidance after hours, noteworthy events etc...but there are alot of gaps on these...I usually go in light on these trying to make a quick buck.

I always watch the Futures before the market opens too.

Anyway, that's kind of what I'm doing nowadays in a nutshell. I would say I spend about 30-40 hours a week on the markets...With my job that doesn't leave much time for hobbies...but I always say

Sleep is a waste of time...you are just going to wake up again anyway

I moderate three other Stock groups and I get ideas from those too. I also have a small network of people who I trade ideas with on a regular basis and I have a trading partner who trades F/T and is the BEST technician I've ever met.