Portfolio of the Week

[B.J]

Let the winners run:

MANC, FORD, DW, CMN

Most of them will probably pause this week though.

[IIC]

IIC,

Why not try some of those Zombies ?

billyjoe

I've only been tracking them for 2 days...I'll see how it goes after a month or two.

However, I have selected my first pick: WTSLA

[RL]

Here goes

cfci
aapl
nss
tsra
pfin

[billyjoe]

I have carefully studied these picks and will now offer a momentous prediction. Some of these picks will tank , while others will do very well just as in past weeks.

IIC, what does it mean when the 50 dma , the 200dma, and the RS line all meet in what appears to be the case with WTSLA? I'd like a screen showing about 100 stocks like that. Should we be fearful or laughing?

billyjoe


we've got room for more entries

[grebnet]

I'll try again

Well I had a great week last week. For this thread I should have left ISO off ,,....a penny sock for a good reason . I try to stay away from them now.

My account activity has been in a hold pattern.

1. CFK --distributes the general oilfield supplies, including pipe, valves, fittings, production equipment and tubular goods to producers of oil and gas in Canada.
Has had good revenue and earnings growth over last 3 yrs.
Has a little higher debt/equity (0.49) than I usually like.
Doesnt give much guidance. I usually like stocks that give guidance and consistently beat it. I'm in at 6.95

2. EFJI- carry over from last week . Last years (2004) guidance was for revenue of 78-80mill with earnings of 0.28-0.30. They reported 80.8 mill and earnings of 0.53/share. On 3/1 they raised guidance for 2005 to 95-100 mill with earnings of 0.50-0.56/shr. I'm banking on them beating that .

3. HURC- also a carryover( call me boring , but i like what Ive bought) has treated me well since $9 , good earnings. I think it has some legs left.

three is enuf longer shots which I wont enter but am holding are SMIT and SYXI.. not quite as good of quality but have a shot to run over time.

Good luck to all............................................

[IIC]

I have carefully studied these picks and will now offer a momentous prediction. Some of these picks will tank , while others will do very well just as in past weeks.

IIC, what does it mean when the 50 dma , the 200dma, and the RS line all meet in what appears to be the case with WTSLA? I'd like a screen showing about 100 stocks like that. Should we be fearful or laughing?

billyjoe


we've got room for more entries

I don't know what it means...but one thing you may want to look for is when the 10, 20 and 50 sma are real tight. I don't particularly look for it...but a friend does and does rather well...maybe Spike has some thoughts on it?

[spikefader]

If there's still room, put me down for
Short ELN
Long FRO
Long NGPS

[spikefader]

I don't know what it means...but one thing you may want to look for is when the 10, 20 and 50 sma are real tight. I don't particularly look for it...but a friend does and does rather well...maybe Spike has some thoughts on it?

My thoughts on tight moving averages are the same as tight bollinger bands or NR7 - i.e. a potential for a pick up in price volatility. Range-breakout setups are good for those.

[IIC]

Agreed Spike...but what is NR7?

Well, here's my pix for the contest...WTSLA HXL ASEI THOR

[billyjoe]

Grebnet,

Guess what stock this year that started with excellent earnings and relative strength, had the greatest one day breakout, based on it's earnings announcement? The answer is HURC. Up 24% on Feb 16th or was it the 17th. I've been tracking all highly rated stocks that go up at least 4% the day of or the day after earnings announcements. Have got 46 in 37 days. They also had great volume up at least 50% over average. The three closest to HURC were BMHC with 15% on Feb 8th , ISRG with 15% on Feb 8th , and JOYG with 18% on Feb 23rd.


billyjoe

[MickyMouse]

Get more room? Here are my picks.

rtwi fthr fuel mpet

Micky

[grebnet]

Billyjoe
Do you have a screen/link to a screen which is tracking these. Im intrigued to see/follow this. Thanks . EM me if you want ....Grebnet

[spikefader]

Agreed Spike...but what is NR7?

NR stands for 'narrow range' and 7 is the number of days.

http://www.lbrgroup.com/index.asp?page=FAQ

"An NR7 is a day in which the (latest) daily range is narrower than the previous six days. The significance of this pattern is that it represents a marked decline in price volatility. Range expansion and an increase in price volatility tend to follow an NR7 day"

[billyjoe]

Grebnet,

I go to IBD's "Where the big money's Flowing Now" , make note of all stocks up 4%or more, then click on "quotes, news" to see if earnings were just announced that day or the previous day. At the end of the day I put the ones I think are up 4% or greater into my online trading account list of quotes and it tells me exact %. Usually come up with 0-3 per day. This info is going to be used for a graph to determine if there is a best time to sell after earnings ,but before next report. Probably I'll use an 85 day time period to see if any pattern develops. Want to get at least 100 stocks and will test in groups of 25. When I hit 50 , this week some time I'll list them along with % gain on earnings day.


billyjoe

[billyjoe]

Opening prices for week #8 contest

rickflyboy
FTO 34.61
WTZ 10.78

canaveraldan
TOPT 20.12
VDSI 7.50
DHB 11.20

B.J
MANC 11.40
FORD 8.79
DW 38.00
CMN 28.30

RL
CFCI 21.99
AAPL 42.80
NSS 36.06
TSRA 41.75
PFIN 16.57

Grebnet
CFK 7.16
EFJI 9.51
HURC 19.29

Spike
short ELN 6.16
FRO 50.79
NGPS 19.00

IIC
WTSLA 3.59
HXL 17.16
ASEI 49.44
THOR 12.00

M.Mouse
RTWI 10.73
FTHR 6.55
FUEL 2.37
MPET 1.79

Mid-day results will be posted shortly

billyjoe