ParkTwain's Parlor

[ParkTwain]

Back in ACAS this week. Made some $$$ last week on MOS and it's still acting frisky this week.

Long BRK/B this week. Berkshire has been in blue-sky territory since just before Sept 1st, then it dipped, and since about Oct 1st it's been powering higher. Buffett's biz benefited from superior re-insurance premiums this year vs last year, and the market knows next qtr will be the same story.

No skydiving for you this month, Mr. Buffett, Please!

[Websman]

http://stockmonster.blogspot.com/200...trading-1.html

Buy at mkt at the open, sell at mkt at the next day's open. $10K position per trade. 15% stop loss. The system (I'm not saying the blogger's actual account is up by this much!) is up >300% for 2006 year to date.

He uses StockFetcher.com to perform a nightly scan to find the next day's ROCKET. Here is his formula, as stated in a blog entry of 10/22/2006:

//
The Rocket is now optimized.

Here's the SF script...

show stocks where count(RSI(2) 2 day ago above 90,60) is above 0
and RSI(2) is below 20
and average volume(10) above 250000
and close one day ago more than 8% below close 2 day ago
and close more than 4% below close 1 day ago
and close above 0.99
and 60 day slope of close is above 0
and market is not otcbb
//

On 10/26/2006 he posted:
"Rocket at $17030 today...from $4000 on 1/1/06."


I found the STOCK MONSTER as site #7 on this guy's list of trader blogs:
http://www.movethemarkets.com/blog/blogs-i-read/

This is very interesting... I'll have to check it out.

[Websman]

Park, the stock rocket blog is very fascinating. From what I can tell this guy has racked up some amazing gains this year. I tested the scan today and came up with BMD before he announced it.

I'm going to play around with this and see what I can come up with. In fact, I think I'll enter BMD in the POTW. LOL

[DSteckler]

<< show stocks where count(RSI(2) 2 day ago above 90,60) is above 0 >>

What does he mean by above 90,60? Above 90 I understand. Above 60 I understand. But 90,60?

[Lyehopper]

Park, the stock rocket blog is very fascinating. From what I can tell this guy has racked up some amazing gains this year. I tested the scan today and came up with BMD before he announced it.

I'm going to play around with this and see what I can come up with. In fact, I think I'll enter BMD in the POTW. LOL

I played BMD in the POTW back in May.... I only lost about -8% in five hours.

[Websman]

I played BMD in the POTW back in May.... I only lost about -8% in five hours.

That was then. It'll be different this time. BMD will rock on Monday. jejeje

[ParkTwain]

Couple of obvious speculations to consider this week

ATEA
FTGX
IMGN
SGMO
THK

Also, watch BG regarding its role as provider of SOY OIL to Dow Chemical (to YUM restaurants) to replace trans fat ingredients.

[ParkTwain]

Some stocks I like for this week

I already own ACAS but might not by end of this week.

Given further strength in the overall market, I will probably *buy* one or more from this list this week:
ADBE, APD
CBS
FLIR
GME, GPK
HURN
ISE
PNK
SUNW
WIT

However, looking at the overall market objectively, one would expect to see weakness in the major indexes sooner rather than later.

[ParkTwain]

This is my list of stocks w/ alerts for this week

Almost all of these are at or near their respective all-time high prices per share.

Alert for a bull breakout:
AXP
CSTR
HRL
LIZ
ROP

Alert for a pullback:
ALL, AMP
BEZ, BG
CACH, CDWC, CHTT, CME, CMT, COG
DE
GIL, GSL, GTXI
KOP
MLHR, MON, MTN
NCR, NKE, NSTC
PAY
ROP
SAY, SON
TRAK
VCLK

[ParkTwain]

Today added a little NSTC and bought FTGX as a "jumping bean" near-term speculation.

[ParkTwain]

Bought THI today

Almost bought some ISE, but I'm watching it for now.

As of this a.m., I'm long THI, NSTC, FTGX, ACAS.

[ParkTwain]

ALL touching 50DMA today

should be a nice bullish swing trade going forward.

[ParkTwain]

Very interesting market summary page at Decision Point

http://www.decisionpoint.com/ChartSpotliteFiles/061201_rr.html

[skiracer]

Almost bought some ISE, but I'm watching it for now.

As of this a.m., I'm long THI, NSTC, FTGX, ACAS.

Park,
Can I put these stocks up as a portfolio on my thread and track your trades?

[ParkTwain]

Superb fusion guitarist Allan Holdsworth (video)

In concert w/ trio:

http://youtube.com/watch?v=dqKDzycvy20&mode=related&search=

This guy is one of the supreme guitarists of the 20th century. But not everyone's cup of tea. I've been listening to him since about 1977. Find several other videos at YouTube.