Skiracer's stock slopes

[skiracer]

Here is this weeks watchlist and spreadsheet. Several names dropped off and a few were added. All of the open positions from last week will remain on the list and spreadsheet. I'm thinking that I will start a new spreadsheet of all the closed trades and to keep track of how things are going from the gain/loss perspective. I'll throw that up every now and then to see how the totats stack up.

I'm keeping the two down positions open until they either stop out or I see that they are not working out. I have placed a stop on ABMD at 14.18. That's 7 % or 1.07 below my initial entry of 15.25. I still like the play and the chart which I will post later. KLIC has been thoroughly disappointing but I am going to be holding the position open and give it some room to breathe. I think it is just finishing a "c down" wave and will spike up shortly. We'll see. I'll post a chart later on that one also. HSOA, although up .08, has a mental stop on it at 5.40 which was breached on Friday and fell to 5.28 for the low of the day but I didn't exit the trade. I'm giving it a little more latitude to see how it does at the beginning of this week.

I'll be adding a few more to the watchlist later on tonight.

[skiracer]

Here are the charts on ABMD and KLIC.

[skiracer]

This going to be a hard place for HSOA this morning. There's the 50 ma, the 20 ma, and the 20 ema right there between 5.40 and 5.45 on the 15 min. intraday chart. If it can breach this level that would be a show of strength on it's part.

[skiracer]

Wasn't a good day by any means. AEIS was the only stock on the list that was up today. All the open positions took it on the chin to some degree. I'm still holding all of the open positions although down a bit from Fridays close after today.
I didn't trade anything today and did not add anything to the watchlist. Sat on my hands all day watching the market roll over in the afternoon.

[skiracer]

Terrible day for my open positions. Exited all open positions today and went from a decent plus side to a slightly minus side. The spreadsheet speaks for itself. For a day where the markets reached new highs my open positions missed the train leaving the station. Now it's back to stalking.

[IIC]

Watch GIGM...The US law cannot be enforced...GIGM denies US revenue...But C'mon!!!

Bush is in my neighborhood this evening...Nice traffic jams on the way home and wacko helicopter pilots...I say send Bush over to Taipei to straighten this online gaming thing out...LOL

Long GIGM

[skiracer]

Watch GIGM...The US law cannot be enforced...GIGM denies US revenue...But C'mon!!!

Bush is in my neighborhood this evening...Nice traffic jams on the way home and wacko helicopter pilots...I say send Bush over to Taipei to straighten this online gaming thing out...LOL

Long GIGM

I was watching it all day but never made the play. I have it in my sights but am concerned with the current uptrend and if it will continue. Currently in a stalk mode.
Just finished watching the Yankees win the first game of their playoff series against Detroit. Very satisfying win. Made up for a crappy day at the market.

[IIC]

I was watching it all day but never made the play. I have it in my sights but am concerned with the current uptrend and if it will continue. Currently in a stalk mode.
Just finished watching the Yankees win the first game of their playoff series against Detroit. Very satisfying win. Made up for a crappy day at the market.

Well...I lucked out w/ ACOR...just happened to be watching the move...Made over 10%...It was on my Morning Momo list which I saved...then I went out...saw the last 40 mins and I grabbed some...I always say "I'd rather be lucky than good"

[skiracer]

I'm watching MED and NITE closely for an entry today if I can get the trigger I'm looking for. I'm adding NITE to the watchlist and am looking for an entry in the 18 to 18.20 range. I'd like to see MED pullback to the 8.75 to 8.8 range for an entry. There's been a general buzz going on about MED and how well there business model is working and their sales and earnings are very strong and have been up each successive qtr. for the past 4 or 5.

I got wacked around yesterday and sold off all of the open positions after I had given back some considerable gains and taken some loses. It happens and is all part of it. But this morning the markets are adding a considerable amount of insult to the pain from yesterday in that all of those positions are up at least .5 point except for HSOA and KLIC. KLIC up on .20. Several of those trades hadn't reached the 7 % loss point when I exited not that it is written in stone but only as a maximum loss point. Nothing against leaving early to protect gains and prevent more looses but it looks like I could have been a little early. Premature exitation on my part.
MED is a prime example of why I like to wait until after 10 am to make sure a gap up or down is going to hold before making a play or trade.

[skiracer]

In MED 8.99. No stop set yet.

[skiracer]

Here's today's spreadsheet. Bought MED and NITE today. Everyone of the open positions that I closed yesterday rebounded handily today. Not saying much for my strategy yesterday in exiting them but alot to say for the entire watchlist of stocks in general. A pretty strong list of stocks in my opinion.

[peanuts]

AEIS, today, Oct 4

Ski,

I have a feeling that the rally in AEIS was a sucker's rally and probably will have people wondering, "what did I do wrong" fairly soon. The closing of the stock today was at the perfect level to complete the big Cup formation. I am looking for the handle to form, and I will buy at that point and load up on the breakout.

btw- are you trying to run yourself off the screen? What happened, bud

[skiracer]

btw- are you trying to run yourself off the screen? What happened, bud


Not sure what you mean bud. Do you mean the spreadsheet is getting to wide?
I'm keeping AEIS on the list for the time being but that handle on the daily isn't what I would call, "on diminishing volume". I think the handle phase was over probably yesterday or the day before. I would like to see it above the high on the left side of the cup an hold above 17.60 or so before I considered another entry. But I took a .65 gain on the play and it doesn't owe me a thing. Like you I would rather see a further drop and have a chance of getting it cheaper.
Regarding the width of the spreadsheet. I was looking at it and probably could make it a full column narrower if I were to eliminate the word "position" at the far right hand side.

[skiracer]

I think I see what you mean. I have reduced the spreadsheet to 75 (whatever that is from 100) and will take it down farther to get it down smaller and a better fit. I believe I can also reduce the column width first to help it.

[peanuts]

multiple choice

I think I see what you mean. I have reduced the spreadsheet to 75 (whatever that is from 100) and will take it down farther to get it down smaller and a better fit. I believe I can also reduce the column width first to help it.

You have several options:

1) decrease the column widths
2) increase the row heights and cell font sizing (and then reduce the image in ImageShack to keep it on the page- but maintain readability) This will give the effect of narrowing the width and increasing the height, but the text should still be readable
3) change the spreadsheet around so that your columns are rows and vice versa
4) cross off all the Wednesdays from your calendar. The week is now only 4 trading days long, and you don't have to worry about that pesky mid week performance... and you get to reduce the size
5) Tell me to go screw myself, and that you'll post the dang spreadsheet however you want to, and you don't want to hear from some young crazy Pennsylvanian complain that he has to move the scroll bar at the bottom of the page.
6) all of the above