IIC's Winners Watchlists

[IIC]

Picked up some HMY high 12.80's

[altria89]

How long are you going to stay with HMY? In the middle of its 52-week high and low. Gold is great right now.

[IIC]

How long are you going to stay with HMY? In the middle of its 52-week high and low. Gold is great right now.

Not long...it is an ADX/MACD trade only

[IIC]

IIC 100

YOU CAN VIEW ALL THE CHARTS OF THE IIC 100 AT Stockcharts.com's "PUBLIC CHART LISTS" Simply click the link below:

IIC 100 at Stockcharts.com

Don't forget to check the IIC 100 Technical Scans, IIC 100 Chart of the Week and Cups with Handles at:

SharpTraders.com

THANKS, DOUG(IIC)

IIC 100 for 1/14/08

SDTH, VIP, STP, POT, ISRG, BIDU, CF, MOS, BPHX, WATG, YGE, SPWR, PRGO, FSLR, JASO, LNN, SOLF, RICK, MELI, DRYS, HMSY, AGU, ARD, CPLA, LPHI, AG, DV, RIMM, CMG, AAPL, ATW, CEDC, OI, ITI, CHDX, CBI, CNH, CTRP, RIG, SWN, AMZN, MEA, MLNM, TBSI, MR, BUCY, FTK, MA, KWK, NDAQ, WFT, CHTT, CTCM, DCP, FMCN, CYBS, FLR, IMA, LDK, CY, WFR, MICC, AUY, NLY, VMW, MORN, PSEM, KNDL, QMAR, MEE, BABY, OMPI, SYNO, SPW, GOOG, CLB, NE, CRNT, GFIG, SNCR, CRM, OFG, KGS, WX, VOCS, BEAV, NM, CDS, SCOR, OSTE, WMS, DSX, AUO, LWSN, URBN, ZOLT, GPX, BGH, INWK, HURN

If you want the IIC 100 in a vertical format, simply copy the list and use our Handy List Converter Tool at http://Sharptraders.com

[Rob]

TBSI -- Lousy Chart, Decent Numbers

I was just looking at some charts of some of the IIC 100 stocks, and I was struck by how bloody awful TBSI's chart looks right now. But when I look at their last four quarters' net income, I see 16.2, 14.4, 21.7, and 27 million. Pretty dramatic spike in the latest two. PE is 9; PEG is 0.81; ROE is nearly 32. Haven't done any further reading on the company or why it appears traders are bearish on future earnings. One conclusion I'm drawn to is that one of the IIC 100 criteria is an upturn in earnings/income. I like that. It's always one of the first things I look at.

[IIC]

I was just looking at some charts of some of the IIC 100 stocks, and I was struck by how bloody awful TBSI's chart looks right now. But when I look at their last four quarters' net income, I see 16.2, 14.4, 21.7, and 27 million. Pretty dramatic spike in the latest two. PE is 9; PEG is 0.81; ROE is nearly 32. Haven't done any further reading on the company or why it appears traders are bearish on future earnings. One conclusion I'm drawn to is that one of the IIC 100 criteria is an upturn in earnings/income. I like that. It's always one of the first things I look at.

The shippers really killed the IIC 100 results during the latter part of the year...But since the scan is mechanical it just is what it is. I know you know this but some of the newbies may not...The IIC 100 is not a list of recommendations...it is simply a list of stocks that meet some Relative Strength, current eps and projected eps criteria I set up in October 2004...I also add a few other criteria which I will take to my grave as I'm the only person in the whole world that knoows what they are...Of course I have offered to reveal all my criteria when WON reveals his IBD 100 criteria...Fat chance of that happening.

BTW...I don't believe I ever posted the final 2007 results which included Monday December 31st.

Here it is:

IIC Top 10 39.89%
IBD Top 10 16.08%

IIC Top 5 47.47%
IBD Top 5 -7.88%

And here are the 2006 results:

IIC Top 10 26.86%
IBD Top 10 -3.82%

And here are the 2008 YTD's (The guy who does this has chosen not to track the Top 5 this year)

IIC Top 10 -14.88%
IBD Top 10 -14.20%

[billyjoe]

Doug,
What about tracking the cup w / Handles?

-------------billyjoe

[skiracer]

Doug,
What about tracking the cup w / Handles?

-------------billyjoe

Billyjoe,
I think the only way if makes sense is when you actually make the call and make the trade on a specific pattern whether it be a cup and handle base or any other specific pattern or formation. When you make a call and a trade on a pattern it gives more credence to the pattern and to what you are trying to instill in people that are reading your posts. At some point you have to make the call and put it on the line as having done so.

[billyjoe]

Ski,
Right, and you'd have to use identical triggers for the trades or results wouldn't mean anything. Now to determine the point at which to act. I know some like to take a chance even before a handle forms and others only after the handle's in place.

-------------billyjoe

[IIC]

Ski pretty much hit the nail on the head.

If a handle is in the downward slope phase when I post it...which many are...and it never turns up then I wouldn't buy it anyway.

I like to buy the pivot window tho and especially if the handle bounced off a support level; e.g. 20ema, 50sma...

Convention has it though that most would not buy the pattern until it has broken out...Most never break out so most would never be bot by someone trading the CwH pattern.

It really doesn't matter if only 5% of the whole list breaks out...as long as those are the ones you buy....Of course, the same could be said for any scan.

[billyjoe]

Doug,
Some are saying that people started anticipating future directions of patterns because of IBD's oversaturation and gap ups on IBD 100 stocks at least in the first year or 2 of them publishing the lists. This lead to earlier and earlier buys to "beat the crowd". Do you think there's anything to this theory?

----------------billyjoe

[IIC]

Doug,
Some are saying that people started anticipating future directions of patterns because of IBD's oversaturation and gap ups on IBD 100 stocks at least in the first year or 2 of them publishing the lists. This lead to earlier and earlier buys to "beat the crowd". Do you think there's anything to this theory?

----------------billyjoe

First of all...I do not believe that IBD has a whole lot of influence on the stocks they feature...In the whole investing scheme I do not think that that many people follow IBD or Canslim.

However...I do believe that there is a certain element that follows the CS method and actually does try to take advantage of what Joe and Jane Canslim might do....In fact...I'd include myself in that little group...That is one reason I like to play the Pivot Window...And usually trim just before a stock Breaks Out or Breaks Down.

[IIC]

On another note...I don't recall a lot of IBD 100 stocks gapping up...From my recollection most of them have already made their major moves before they reach the upper echelon of the IBD 100...And I think the IBD Top 10 results make that point over the past couple of years.

[billyjoe]

On another note...I don't recall a lot of IBD 100 stocks gapping up...From my recollection most of them have already made their major moves before they reach the upper echelon of the IBD 100...And I think the IBD Top 10 results make that point over the past couple of years.

Doug,
Remember when IBD first started the 100 . People thought this was what they'd always dreamed of. Just buy the top 10 and how could you lose. I'll bet the IBD top 10 performance then was quite a bit different then compared to the last 2 years. You were on the IBD forums then. Lots of posters followed the top 10 like a religion.

-------------billyjoe

[IIC]

Doug,
Remember when IBD first started the 100 . People thought this was what they'd always dreamed of. Just buy the top 10 and how could you lose. I'll bet the IBD top 10 performance then was quite a bit different then compared to the last 2 years. You were on the IBD forums then. Lots of posters followed the top 10 like a religion.

-------------billyjoe

But even IBD admits that their 100 is just a mechanical scan of those that meet their secret criteria...If you follow the IBD or the IIC 100...or even both...You need to wait till they are technically ready for a move IMO...If one does that they could do well the way I see it...However, most people want to find some easy way to beat the market...That is not gonna happen...It takes a lot of study and work to do well. Of course the emotional side is the toughest part