Portfolio of the Week 2010

[Odysseus]

Steelman takes the gold this week on a great double digit run with RUE ! Nice job !
The Company is an apparel retailer in the United States and offers the newest fashion trends to girls and guys at value prices.

Peanuts follows suit, grabbing silver with +10% on SMA. This put both Steelman and Peanuts above the 10k watermark, well done guys !
Symmetry Medical Inc. (Symmetry) is an independent provider of implants and related instruments and cases to global orthopedic device manufacturers.

Peter Hansen grabs the bronze and a well deserved +7%. He's had a rough start to the year and CAGC certainly helped his cause, congrats !
China Agritech, Inc. is a holding company for its direct and indirect subsidiaries, which manufacture and sell organic liquid compound fertilizers and related agricultural products.

Awesome week everyone ! (except for us poor 4 souls at the bottom) Some breached the 10k mark (Dow included), and the leader board reflects that nicely.

Good luck next week !

[Odysseus]

Put me in for SCEY long for the week..

thx

Sorry Houstongo, SCEY is under the $2 limit for the contest. But you can enter another at any time

[BesV]

Belaruski thnx..appreciate your input very much and that site is the best I'v seen so far, thnx.

Ody, I'll take NCI long this week..thnx

[skiracer]

Belaruski, thanx for the feedback and I must say a very nice summary and sharp analysis.
Indeed you will find a lot of possible cross overs and cup formations in my picking strategy and I do very much rely on technicals, mostly with fundamentals as a basis. I must say that my stockpicking is a risk in a way cause my entry points are very early on where the confirmation of a trend(reversal) is not visable and where you have all the signals screaming "Run Forest...ruuuun" lol
Take for example BIOS and OMN..I entered BIOS @ 6.57 and OMN @5.32 (realize not quite comparable to KONG technically)
As for KONG, it's been trading for the last couple of days on a level where 7.75 forms a "support", maybe I'm seing ghosts, but I see a slight divergence and an increase of buying pressure as the bollinger bands narrow indicating a movement to come (which can very well be down), however the fact that company is about to present results soon, trading almost 50% under the price of 3 months ago, makes me belive that it could head up. Now this theory would get beautiful and make me very happy if the price goes towards $10-10.50 If it doesn't.. I entered it @ 7.72 with a stop loss @ 7.16..hope doesn't touch it, cause I hate losing money but if this happens I move on to the next opportunity

Again a very sharp analysis and summary..I like that site very much btw, thnx

just my thoughts on the subect matter. i can understand how anyone could want to see something a certain way. i also always look at the fundamental aspects of a stock but my decisions always come from the charts. so i have to base my opinion on what i see and interpret from the charts and not speculation. i was surprised that you chose KONG over anyone of the others and I thought that your entries on the others had to be excellent even if a bit early. nothing wrong with being early if the research and plan indicate that the edge is in your favor to the upside. Bulkowski's percentages on chart patterns are right on and every trader should read his book on chart patterns what works and what doesnt the higher percentage of times. i've always found that whenever i WISH in one hand and shit in the other the one that i shit in fills up first. so i always try to be as pragmatic about these setups and choices as I can ruling out hope and wishing. those other 7 plays were very nice.

[Peter Hansen]

Tstc long for the new week

ODY TSTC LONG for the new week 3/8/10-3/12/10.THANX

[BesV]

Belaruski, thanx for the feedback and I must say a very nice summary and sharp analysis.
Indeed you will find a lot of possible cross overs and cup formations in my picking strategy and I do very much rely on technicals, mostly with fundamentals as a basis. I must say that my stockpicking is a risk in a way cause my entry points are very early on where the confirmation of a trend(reversal) is not visable and where you have all the signals screaming "Run Forest...ruuuun" lol
Take for example BIOS and OMN..I entered BIOS @ 6.57 and OMN @5.32 (realize not quite comparable to KONG technically)
As for KONG, it's been trading for the last couple of days on a level where 7.75 forms a "support", maybe I'm seing ghosts, but I see a slight divergence and an increase of buying pressure as the bollinger bands narrow indicating a movement to come (which can very well be down), however the fact that company is about to present results soon, trading almost 50% under the price of 3 months ago, makes me belive that it could head up. Now this theory would get beautiful and make me very happy if the price goes towards $10-10.50 If it doesn't.. I entered it @ 7.72 with a stop loss @ 7.16..hope doesn't touch it, cause I hate losing money but if this happens I move on to the next opportunity

Again a very sharp analysis and summary..I like that site very much btw, thnx

[skiracer]

BesV,
i took a look at the weekly charts of the 7 stocks in your portfolio that you didn't pick this week. out of the 8 stocks KONG's chart was the absolute worst one technically speaking. it prompts me to think that you do not look at the technical aspects of a stocks chart. i may be wrong there but if you did i cannot see how you could pick KONG over any of those other stocks. listing them in descending order from best to worst this is how i see them.
BEE: nice cup base forming and making the right side now. 20 ema just getting ready to cross over its 50 ema. bullish signal. a great time to catch a stock at this point.
XTXI: another cup base with the 20 ema crossed over its 50 ema and making the right side of it's cup. this is a great time to catch a stock in this pattern. when you have a cup base where the stock has put in a bottom and is starting to make the right side of the cup and especially when the 20 ema has just crossed over its 50 is perfect timing and quite bullish in my opinion.
BIOS: another cup base pattern, which are one of my favorites right after they have bottomed and are beginning to make that right side of their cup, where the 20,50,100 ema's have all crossed above each other and their 200 is a distinct bullish signal and indicative of a continuation of the uptrend.
CBM: a little early but i still like it much moreso than KONG and if you can stand an educated risk this the one to get in on early.
OMN: the 20 ema has crossed over both the 50 and 100. giving a bullish signal and wanting to move further up.
SWHC: a long duration cup base here but erratic with a big spike up and then cannot hold it and drops back down only to start back up again. 7 months in the making which i like but i like the cup bases to be smoother and more uniform in their continuity and shape. 20 ema has crossed over its 50 which is a positive but im not crazy about the erraticness of the cup base.
DENN: 20,50,100 have all crossed over each other and its 200. a very nice climb up which implies that there is room for people to start thinking about taking out gains before expecting it to go higher from here. it just might but when they climb like this one has be ready for a correction and take you gains at the highest point before anyone else. you can always re-enter after any correction which i believe is coming with this one soon.
KONG: the worst chart of the 8 stocks. definitely in a tailspin down. nothing is written in stone but the indications are pointing down quite strongly in my opinion. this one is a clear picture of desparation and hope which is the worst thing a trader can rely on.
i think you need to start doing some serious reading to compliment whatever other factors go into your stock picking. maybe you already are looking at their charts but you're missing something if you are because after looking at and comparing the others to KONG there is no way you should have picked it over any of the others. there are plenty of websites on technical analysis and reading chart patterns that are free and will supply you with a generous amount of info on the topic of interpreting chart patterns. www.thepatternsite.com is one that will do the trick. couple that with your fundamental analysis and you will be much better off. if you own all of these stocks you have been doing something right because to me they all look pretty good with the exception of KONG. good luck.

[skiracer]

Yeah..(king)KONG is not really moving...I suck at this lol
Somehow I always manage to select the worst performing stock I'm holding for this contest..I mean..these are the stocks in my portfolio this week: BEE, XTXI, BIOS, OMN, CBM, SWHC and DENN...what do I do..I pick KONG..I SUck, hahaha...ok, sorry guys..just had to get this off my chest..not competitive at all..don't mind losing, everybody is a winner..and all that

BesV,
since you brought this up i would be interested in knowing what were the factors that led you to picking KONG for the game this week over any of the other stocks in your portfolio. try to give me the exact reasoning behind your decision making process. i'm going to look at the others in your port and see what their charts look like. maybe you'll learn something that might be helpful in the future. and dont berate yourself in front of these guys. you havent done anything that all of us havent done numerous times ourselves. one thing for certain and that i like is that you pick a stock that you own. no sense in picking a stock that takes off and turns out to be a big winner and you don't own it. now that would be something that should piss you off and make you feel foolish.

[BesV]

Yeah..(king)KONG is not really moving...I suck at this lol
Somehow I always manage to select the worst performing stock I'm holding for this contest..I mean..these are the stocks in my portfolio this week: BEE, XTXI, BIOS, OMN, CBM, SWHC and DENN...what do I do..I pick KONG..I SUck, hahaha...ok, sorry guys..just had to get this off my chest..not competitive at all..don't mind losing, everybody is a winner..and all that

[Peter Hansen]

BELA You Speak From The Heart

i saw alot of guys cash in over there. it was a BS war and just a matter of luck. to tell you the truth pete, my outfit saw alot of action, but even though, i was usually loaded pretty good on something the entire time i was there. and i was one of those guys that always took good care of my gear and was always prepared but loaded. and it was usually me that ran point for us and usually smoked up. at least it took the edge off.

Bela I have the highest respect for those that served in the Vietnam War . or for that matter .......any war. Too bad the fat ass politicians always tie the hands of the troops.....if the dogs of war were unleashed to really take care of business the way they wanted too ....wars would end quickly!
I don't blame ya for blowing a little "TEA" .....nor would I have anything against the troops getting their shoulders tickled by a few of the local HOT bar gals LOL!

[houstongo]

Put me in for SCEY long for the week..

thx

[olrac_ed]

Neng

Put me in for NENG.

Thanks

[skiracer]

Bela I knew 2 guys who went to NAM and never returned ,,,,,,,both highly intelligent nice guys ......one hell of a tough BS war!

i saw alot of guys cash in over there. it was a BS war and just a matter of luck. to tell you the truth pete, my outfit saw alot of action, but even though, i was usually loaded pretty good on something the entire time i was there. and i was one of those guys that always took good care of my gear and was always prepared but loaded. and it was usually me that ran point for us and usually smoked up. at least it took the edge off.

[Peter Hansen]

[B]Belaruski was in fact a young kid who was of Russian heritage and was in my outfit in the army during that southeast asian conflict. real nice kid and a good soldier. he didnt make it back and cashed his chips in somewhere deep in Cambodia. he spoke several easterm european languages including polish and hungarian. he knew my last name, Gura, meant mountain or hill and if i remember correctly he told me something similar to what you just stated. btw, i got CAGC from the Barcharts scans and think you will do well with it this week./B]

Bela I knew 2 guys who went to NAM and never returned ,,,,,,,both highly intelligent nice guys ......one hell of a tough BS war!

[Lyehopper]

TZA long

Hey Ody.... just took TZA long on yer automated stock-pickin' thingy-doohicky-deal....