Phoenix7's Stock Sizzlers

[Phoenix7]

Ski Ask & You Shall Receive

Phoenix,
u have to give us the stocks beforehand dont you think? and the entry prices beforehand also.

Ski no tricks here ...here is the actual information for the 2 stocks I have traded as taken from my brokerage statement.
Remember this is an actual trade , and my money is on the line. The 2 stocks are STX and ANDE . Unfortunately for me the STX trade played out for about a 5% loss , the ANDE trade is still in play with an 8% target price which is to include commissions.

Date Description Net Change Net Cash Balance
12/07/2011 09:30:00 Bought 152 STX @ 16.34 -2,490.68



Date Description Net Change Net Cash Balance
12/09/2011 09:34:20 Sold 152 STX @ 15.51 2,350.47




Date Description Net Change Net Cash Balance
12/07/2011 09:30:01 Bought 60 ANDE @ 42.71 -2,569.60

Note there is a LOSS of $140.21 on the STX trade , but I am up slightly on the ANDE trade . Hopefully the ANDE trade will hit the 8% mark and I will be triggered out with my sell limit order.

[skiracer]

Phoenix,
I can really appreciate the 5% stop loss limit. I think it is a bit low and could easily be set at 6 or 7% and still make money. What I don't like or understand the logic behind is the 8% limit on the gainers. Why exit a winning trade while it could still have plenty of gas in the tank and maximize the trade and the opportunity. You could put a trailing stop on it or just keep an eye on it physically and exit when you see that it is stalling. If there is one point that I see as a flaw is that you are exiting winning positions way before they are done making their move. It is a point that I have consistently been at odds with Ernie. He has picked numerous winners and has exited at 16% and they have gone on to much higher gains. You are hurting yourself by not letting the winners run out to maximize the effort and it is one significant point in why the math is not going to work out with this trial or system.

Ski no tricks here ...here is the actual information for the 2 stocks I have traded as taken from my brokerage statement.
Remember this is an actual trade , and my money is on the line. The 2 stocks are STX and ANDE . Unfortunately for me the STX trade played out for about a 5% loss , the ANDE trade is still in play with an 8% target price which is to include commissions.

Date Description Net Change Net Cash Balance
12/07/2011 09:30:00 Bought 152 STX @ 16.34 -2,490.68



Date Description Net Change Net Cash Balance
12/09/2011 09:34:20 Sold 152 STX @ 15.51 2,350.47




Date Description Net Change Net Cash Balance
12/07/2011 09:30:01 Bought 60 ANDE @ 42.71 -2,569.60

Note there is a LOSS of $140.21 on the STX trade , but I am up slightly on the ANDE trade . Hopefully the ANDE trade will hit the 8% mark and I will be triggered out with my sell limit order.

[Phoenix7]

Ski Yes valid Points

Phoenix,
I can really appreciate the 5% stop loss limit. I think it is a bit low and could easily be set at 6 or 7% and still make money. What I don't like or understand the logic behind is the 8% limit on the gainers. Why exit a winning trade while it could still have plenty of gas in the tank and maximize the trade and the opportunity. You could put a trailing stop on it or just keep an eye on it physically and exit when you see that it is stalling. If there is one point that I see as a flaw is that you are exiting winning positions way before they are done making their move. It is a point that I have consistently been at odds with Ernie. He has picked numerous winners and has exited at 16% and they have gone on to much higher gains. You are hurting yourself by not letting the winners run out to maximize the effort and it is one significant point in why the math is not going to work out with this trial or system.

Ski yes you make a valid point about perhaps letting your profits run.

[Phoenix7]

5 Interesting Stocks For The Coming week.

I do like to experiment with various techniques , and one guy to consider is Jack Carter , author of "Profit Rich Trades" His philosophy is to buy stocks moving UP in price, making 52 Week Highs , having daily average volumes of 500K+ , selling priced at $15 per share and higher , and trending up in a smooth 45 Degree angle on a chart.
Delving into his techniques on the web , he does use www.bigcharts.com to obtain stocks reaching 52 Week highs on the NYSE, Nasdaq and Amex exchanges.
Now with the 5 stocks listed below only DPZ has reached it's *52 Week high, but the others have charts similar to what Jack prefers.
Rest assured I am not advocating any partcular system , but I feel that all can be considered part of the learning experience.

1. AKRX Here is chart http://bigcharts.marketwatch.com/qui...insttype=Stock
2. *DPZ http://bigcharts.marketwatch.com/qui...insttype=Stock
3. GLNG http://bigcharts.marketwatch.com/qui...insttype=Stock
4. INHX http://bigcharts.marketwatch.com/qui...insttype=Stock
5. QCOR http://bigcharts.marketwatch.com/qui...insttype=Stock

As far as Jack Carter is concerned you can google the name and it will lead to several references . Here is some FREE information I had found...take it for what it's worth .....you will learn something.
Here is the LINK http://www.tradingsecret.info/sc.htm

I watched the FREE videos but will not pursue it any further .

Do you feel the 52 Week High stocks he suggests you buy can make money?
Comments would be appreciated!

[skiracer]

I have been using Bigcharts for years to find new leads on stocks. GCA and TASR both came from there and are currently listed there as "strong buys" and are at 52 wk. highs. great site for finding stocks and info on stocks.

I do like to experiment with various techniques , and one guy to consider is Jack Carter , author of "Profit Rich Trades" His philosophy is to buy stocks moving UP in price, making 52 Week Highs , having daily average volumes of 500K+ , selling priced at $15 per share and higher , and trending up in a smooth 45 Degree angle on a chart.
Delving into his techniques on the web , he does use www.bigcharts.com to obtain stocks reaching 52 Week highs on the NYSE, Nasdaq and Amex exchanges.
Now with the 5 stocks listed below only DPZ has reached it's *52 Week high, but the others have charts similar to what Jack prefers.
Rest assured I am not advocating any partcular system , but I feel that all can be considered part of the learning experience.

1. AKRX Here is chart http://bigcharts.marketwatch.com/qui...insttype=Stock
2. *DPZ http://bigcharts.marketwatch.com/qui...insttype=Stock
3. GLNG http://bigcharts.marketwatch.com/qui...insttype=Stock
4. INHX http://bigcharts.marketwatch.com/qui...insttype=Stock
5. QCOR http://bigcharts.marketwatch.com/qui...insttype=Stock

As far as Jack Carter is concerned you can google the name and it will lead to several references . Here is some FREE information I had found...take it for what it's worth .....you will learn something.
Here is the LINK http://www.tradingsecret.info/sc.htm

I watched the FREE videos but will not pursue it any further .

Do you feel the 52 Week High stocks he suggests you buy can make money?
Comments would be appreciated!

[Louetta]

I have been using Bigcharts for years to find new leads on stocks. GCA and TASR both came from there and are currently listed there as "strong buys" and are at 52 wk. highs. great site for finding stocks and info on stocks.

Ski, I've been poking around on Bigcharts. Can you help me find where they show rankings like strong buy on the stocks. I found the various listings like highest % incease in price volume, etc.

Thank you.

[Phoenix7]

Ski Big Charts ?

I have been using Bigcharts for years to find new leads on stocks. GCA and TASR both came from there and are currently listed there as "strong buys" and are at 52 wk. highs. great site for finding stocks and info on stocks.

Ski I only use www.bigcharts.com to find 52 Week Highs, I along with Louetta would like to know where you find those "Strong" stocks? Thanx

Phoenix 7

[Phoenix7]

I do like to experiment with various techniques , and one guy to consider is Jack Carter , author of "Profit Rich Trades" His philosophy is to buy stocks moving UP in price, making 52 Week Highs , having daily average volumes of 500K+ , selling priced at $15 per share and higher , and trending up in a smooth 45 Degree angle on a chart.
Delving into his techniques on the web , he does use www.bigcharts.com to obtain stocks reaching 52 Week highs on the NYSE, Nasdaq and Amex exchanges.
Now with the 5 stocks listed below only DPZ has reached it's *52 Week high, but the others have charts similar to what Jack prefers.
Rest assured I am not advocating any partcular system , but I feel that all can be considered part of the learning experience.

1. AKRX Here is chart http://bigcharts.marketwatch.com/qui...insttype=Stock
2. *DPZ http://bigcharts.marketwatch.com/qui...insttype=Stock
3. GLNG http://bigcharts.marketwatch.com/qui...insttype=Stock
4. INHX http://bigcharts.marketwatch.com/qui...insttype=Stock
5. QCOR http://bigcharts.marketwatch.com/qui...insttype=Stock

As far as Jack Carter is concerned you can google the name and it will lead to several references . Here is some FREE information I had found...take it for what it's worth .....you will learn something.
Here is the LINK http://www.tradingsecret.info/sc.htm

I watched the FREE videos but will not pursue it any further .

Do you feel the 52 Week High stocks he suggests you buy can make money?
Comments would be appreciated!

Basically the principle for buying at a 52 Week high is that those stocks have a 97% chance of going higher in a 5-10 day period. Of course these are only stocks trading at least $12 and above on the major exchanges. Also best results obtained if the stocks trade with average daily volumes of 500K and above. www.bigcharts.com lists only those stocks at 52 week highs which are $12 and higher.

[Deaddog]

try finviz.com screener

limited by price; either over $10 or $15

[Deaddog]

Basically the principle for buying at a 52 Week high is that those stocks have a 97% chance of going higher in a 5-10 day period. Of course these are only stocks trading at least $12 and above on the major exchanges. Also best results obtained if the stocks trade with average daily volumes of 500K and above. www.bigcharts.com lists only those stocks at 52 week highs which are $12 and higher.

I’d certainly like to see the data that was used to make that claim. 97% is excellent probability. Problem is he doesn’t say how much higher. It might be true if a stock makes a new 52 week high at $25.00. Probability of it trading at $25.01 on the same day is quite high.

It certainly isn’t true if you use end of day data. I track stocks making new highs as part one of my trading strategies and in the last month I’d say that maybe 70% traded higher within 10 days and in a lot of cases only a few cents higher.

I tend to be a little suspicious of system peddlers on the Internet. I know if I had a system I’d be trading it. Maybe after I’d made my millions I’d write a book. Actually Jack Carters system reminded me of Nickolas Darvis’s “Box System” that he wrote about in his book “How I Made $2,000,000 in the Stock Market” Same trend following theory.

Not a bad theory. Buy stocks that are going up. Where Darvis differs is his reluctance to sell a stock that is rising. Where Carter is happy to take a couple bucks, Darvis holds until the stock starts going down.

[Phoenix7]

Jack carter response!

I’d certainly like to see the data that was used to make that claim. 97% is excellent probability. Problem is he doesn’t say how much higher. It might be true if a stock makes a new 52 week high at $25.00. Probability of it trading at $25.01 on the same day is quite high.

It certainly isn’t true if you use end of day data. I track stocks making new highs as part one of my trading strategies and in the last month I’d say that maybe 70% traded higher within 10 days and in a lot of cases only a few cents higher.

I tend to be a little suspicious of system peddlers on the Internet. I know if I had a system I’d be trading it. Maybe after I’d made my millions I’d write a book. Actually Jack Carters system reminded me of Nickolas Darvis’s “Box System” that he wrote about in his book “How I Made $2,000,000 in the Stock Market” Same trend following theory.

Not a bad theory. Buy stocks that are going up. Where Darvis differs is his reluctance to sell a stock that is rising. Where Carter is happy to take a couple bucks, Darvis holds until the stock starts going down.

Jack Carter seems to be always selling something. Awhile back I had sent for his "Insider Secrets to Making Profit Rich Trades" The book was about $5.00 , but he was trying to sell you a computer program called Trend Point Trading package for $3970....I though that to be way over priced , and it was designed to pick out stocks which followed his system.
On page 75 Jack had written , that he had hired a computer expert to back test his system over 6,000 time to verify that when a stock hit a new 52 Week high , 97% of the time it went up higher in price. It may have gone up only a penny, but of course that was higher in price.
Needless to say I did not buy the $3970 computer program.

[skiracer]

Ski, I've been poking around on Bigcharts. Can you help me find where they show rankings like strong buy on the stocks. I found the various listings like highest % incease in price volume, etc.

Thank you.

Please accept my apology. It's Barcharts.com not Bigcharts.com. Although there is a Bigcharts.com and its a decent site. Check out Barcharts.com. Sorry.

[Phoenix7]

3 52 week high stocks

The following stocks have hit 52 week highs yesterday 12/11/11. The one which best typifies A Jack Carter Profit Rich Trade would be SPSC ***, although ideally it should pull back to the 20 EMA for best buying.


1. CACC
2. MIND
3. SPSC ***http://bigcharts.marketwatch.com/qui...me=7&x=18&y=11

[Phoenix7]

Southern company so

Southern Company is one to tuck away in a ROTH IRA and let it compound over the years .........If purchased early and retained over the years ....you will retire RICH.
Here is a chart comparing it to O and MO ......2 other stocks you should consider for the long haul!

http://performance.morningstar.com/stock/performance-return.action?t=SO&region=USA&culture=en-US

To compare with ANY 2 stocks merely click on the "Compare" tab and enter your stocks.

[Deaddog]

Southern Company is one to tuck away in a ROTH IRA and let it compound over the years .........If purchased early and retained over the years ....you will retire RICH.

But what if it cuts the dividend or goes down or both?

Deaddog Trading Rule: Have exit rules in place before you buy.