Skiracer's stock slopes

[skiracer]

I didn't but almost could have shorted ACOR on 2 occassions today after covering the first short. Now it's back under 14.50 again. This current move just may be the stronger move down of the two. If it breaks 14 here I'm back in for a second shot looking for 13 or lower.

[skiracer]

Here's the final spreadsheet for the week. Strange week the way it started and ended. Getting ready to watch the Yankees play Detroit. Ought to be a good game with the series tied. More commentary about the week and a few new stocks and setups that I am looking at for the coming week. Let's root them Yankees in!!!!

[billyjoe]

Go TIGERS


-------billyjoe

[skiracer]

Go TIGERS


-------billyjoe

Well we just spotted you 3 runs!

[skiracer]

Here's the final spreadsheet for the week. Strange week the way it started and ended. Getting ready to watch the Yankees play Detroit. Ought to be a good game with the series tied. More commentary about the week and a few new stocks and setups that I am looking at for the coming week. Let's root them Yankees in!!!!

Anyone make a play on any of the stocks on this list this week. A number of decent stocks with pretty good movement. I'll be carrying several of them over into next weeks list. Here's the start of next weeks watchlist. No open positions to carry over this week so I'll be starting the week fresh.

ACOR - I'm looking for another short entry on this stock Monday. My
feelings are that it is overextended and today was proof that
after being up over 2.38 this morning it stalled and wasn't
able to hold the gains. Very radical day moving in a wide
up and down range throughout the day.

AEIS - This stock is a perfect example of what I look for in stocks
that are coming off their bottoms to form that right side of
their new cup bases. In less than 1 1/2 months from Aug.
until today this stock moved 4.5 points from it's bottom.
That's a nice ride if you can pinpoint the bottom. Many of
them don't do what AEIS has done in that time frame but tha
what stops are for.

ATHR - This is a solid stock and it's starting up that right side of it's
cup. I like it right here and will be looking for an entry this
coming week on the next pullback to 18.50 level. Still alot of
gas left in this tank.

MED - Today was like a gift in my opinion. I'm looking for this stock
to continue the recent uptrend after todays pullback. Alot of
players taking gains off the table with this one today. Cheap
right here. This was a 21 dollar stock back in July of this
year and it's product line of dietary meals and supplements
will drive it back up. Nothing has changed with their product line except that now Stocklemon is off their backs with their
BS. Right at that spot on the right side of their cup coming off
the bottom.

NITE - This is as nice a daily as they come. Riding that 20 ema and
it's 200 ma. It's due for a minor pullback, which is natural,
I'm looking for it to come back to the 18.25 to 18.50 levels for
an entry before continuing the current uptrend.

LIOX - As soon as it breaks 8 and holds I'm in. Been pushing at 8
and only a matter of time before it breaches that level.

[skiracer]

Anyone make a play on any of the stocks on this list this week. A number of decent stocks with pretty good movement. I'll be carrying several of them over into next weeks list. Here's the start of next weeks watchlist. No open positions to carry over this week so I'll be starting the week fresh.

ACOR - I'm looking for another short entry on this stock Monday. My
feelings are that it is overextended and today was proof that
after being up over 2.38 this morning it stalled and wasn't
able to hold the gains. Very radical day moving in a wide
up and down range throughout the day.

AEIS - This stock is a perfect example of what I look for in stocks
that are coming off their bottoms to form that right side of
their new cup bases. In less than 1 1/2 months from Aug.
until today this stock moved 4.5 points from it's bottom.
That's a nice ride if you can pinpoint the bottom. Many of
them don't do what AEIS has done in that time frame but tha
what stops are for.

ATHR - This is a solid stock and it's starting up that right side of it's
cup. I like it right here and will be looking for an entry this
coming week on the next pullback to 18.50 level. Still alot of
gas left in this tank.

MED - Today was like a gift in my opinion. I'm looking for this stock
to continue the recent uptrend after todays pullback. Alot of
players taking gains off the table with this one today. Cheap
right here. This was a 21 dollar stock back in July of this
year and it's product line of dietary meals and supplements
will drive it back up. Nothing has changed with their product line except that now Stocklemon is off their backs with their
BS. Right at that spot on the right side of their cup coming off
the bottom.

NITE - This is as nice a daily as they come. Riding that 20 ema and
it's 200 ma. It's due for a minor pullback, which is natural,
I'm looking for it to come back to the 18.25 to 18.50 levels for
an entry before continuing the current uptrend.

LIOX - As soon as it breaks 8 and holds I'm in. Been pushing at 8
and only a matter of time before it breaches that level.

Is there nothing here of interest? None of these stocks or the ones on the watchlist caught anyone's eye that they found interesting enough to post anything about. No one else playing any of these or thinking they might be worthwhile for some consideration or even to say that they think they stink and wouldn't buy them even if someone gave them the money. Not a word.
Has anyone given any thought to the fact that Dave Steckler , Jim Smith, and the rest of that group of traders that Ernie brought in have disappeared. Not that I hung on every word they had to say but they seem to have lost interest and moved on. I'm not counting Jack Haddad because he very seldom speaks out anyway, an I'm sure that he doesn't give a shit about anyone here, except to post that he bought a block of this or a block of that. But anyone that was following his trades would have done very well and would probably be up about 50/60 % right now compared to where they are at on their own. Anyone else feeling a lack of interesting content. How about Spike who was a fixture here. I know he has his own blog and is trying to get his own thing off the ground but he very seldom posts here anymore. Is this a trend. Cosmic generates more dialogue about his relationship with his mother than we do about interesting stock talk it seems.
I would welcome any kind of interaction to this list even if it was negative and you thought it stunk but not one word.
Time is the only commodity that we can't regenerate or replace. It's just to important to spend on anything that doesn't give you what you need or that doesn't provide you with your monies worth vs what you think you are putting into it. I'm not looking for affirmation or acclamations about what I have been trying to do. These watchlists have been an example of how I go about my particular style of trading and have been meant solely for the purpose of providing some education to anyone regarding that method an the opportunity to make a few bucks in the interim. These last two weeks have provided an average gain of 36 % over that time period. This is something that I do on a regular basis and have been doing for years. But nothing. I was going to give it a couple of more weeks because I thought that maybe it needed more time and that eventually it would provide the interaction I was looking for but the lack of that interaction has me thinking that I was wrong an that maybe I've run out of time here and that it's not worth the effort that I have been trying to put into it. I just don't see any upside to kicking a dead horse.

[ninner]

qsii

ok i will give u some interesting dialogue...QSII is poised for a good breakout...i have calculated a buypoint of 42.10. its working on its handle. in the handle volume is decreasing which is very good.i have set a possible target of around 55-57. Earnings and Sales is still very good....as for the base

[billyjoe]

Ski,
I always read your posts for ideas. They are easier for me to understand than most. I've had bad results investing in stocks I didn't come up with through my own research. Being a very conservative investor I probably trade in a year what you do in a month. Stocks that you mention that show up on my screens also always get me looking closer. MED has had my attention for months now, actually almost a year since it showed up in screens <$10. It showed up again today on another screen along with KLIC. It's exciting to see another person considering the same stocks they found independently of each other. Doug's lists are good for that too. I'm always rooting for your trades to be successful even when we disagree on the stock. Lots here seem to pick stocks based purely on technical reasons that I won't touch with a ten foot pole. My plan is to find any reason to eliminate a stock from consideration. In that way the number of possibilities is very low , but IMO the remaining candidates have a very good chance of making money. It does take some of the fun out of investing. Maybe I'll start taking more chances as long as the stops are in place. Sometimes it does seem like posting is a waste of time. There has to be more people using your information than you think. I do sometimes hesitate to criticize what I think is a bad stock, but if you don't mind I'll do it more.

--------------billyjoe

P.S. I made money on NITE last year and for some reason never buy the same stock again unless it's on an awesome continuous run

[RL]

Ski I'm going to buy MED & LIOX just been pressed for time

[Runner]

Ski, I think your post rocks.. Really you’re doing an awesome job. I’ve come to realize for me it was pointless to post my lists on a forum. The reason is I trade the way I do. Nobody here trades my style and so why post a list of stocks. I only trade pullbacks and so my style is not in sync with people here. Imagine that it took me a few years here to figure that out…hehe

I’ll mainly now only post sector groups I like then if anyone cares they can go into the groups and pick out what they might like that fits their style… So many people and everyone views the picture at a different angle. I have come to the conclusion that it is a waist of time..at least for me. One smart thing I think I’ve done is keeping a personnel journal on my progress. I’d recommend any swing trader to do this as it will blow your mind when you review some of your past trades.. I was like what the hell was I thinking on some of them….

[IIC]

Ski, I think your post rocks.. Really you’re doing an awesome job. I’ve come to realize for me it was pointless to post my lists on a forum. The reason is I trade the way I do. Nobody here trades my style and so why post a list of stocks. I only trade pullbacks and so my style is not in sync with people here. Imagine that it took me a few years here to figure that out…hehe

I’ll mainly now only post sector groups I like then if anyone cares they can go into the groups and pick out what they might like that fits their style… So many people and everyone views the picture at a different angle. I have come to the conclusion that it is a waist of time..at least for me. One smart thing I think I’ve done is keeping a personnel journal on my progress. I’d recommend any swing trader to do this as it will blow your mind when you review some of your past trades.. I was like what the hell was I thinking on some of them….

I don't agree Runner...Just because someone doesn't say thx doesn't mean they didn't benefit from your ideas...Look at how many page views there are vis-a-vis posts overall on this forum...People wouldn't continue to read post after post for nothing...Doug

[Runner]

Doug, very good point. I never thought of it like that...!

[peanuts]

Ski,

I almost fell asleep reading your thread, dude. Why don't you post something interesting, already

Of the stocks you have posted, I also have AEIS on my watchlist for next week, but as a short possibility as it forms the handle (maybe)

KLIC is back on my watchlist for another week as a long, but I see that you took it off of yours.

I don't know what you are thinking with MED, ACOR, and NITE. They all seem like high risk plays, but I could be completely wrong. MED- I don't think too many people are taking gains, yet. I would view any selling as a continuation of the recent selling. ACOR- is so radical right now that direction shouldn't be guessed, keep stops tight. NITE- has had a nice run-up so I would think that there are alot of people who would look to unload if any weakness begins to show. Other than that, NITE should be stroing, but be careful of the downside...

[skiracer]

Ski,

I almost fell asleep reading your thread, dude. Why don't you post something interesting, already

Of the stocks you have posted, I also have AEIS on my watchlist for next week, but as a short possibility as it forms the handle (maybe)

KLIC is back on my watchlist for another week as a long, but I see that you took it off of yours.

I don't know what you are thinking with MED, ACOR, and NITE. They all seem like high risk plays, but I could be completely wrong. MED- I don't think too many people are taking gains, yet. I would view any selling as a continuation of the recent selling. ACOR- is so radical right now that direction shouldn't be guessed, keep stops tight. NITE- has had a nice run-up so I would think that there are alot of people who would look to unload if any weakness begins to show. Other than that, NITE should be stroing, but be careful of the downside...

Like I said guys. I would take any kind of interaction whether you agree with me or not. I'm certainly not expecting everyone or anyone to agree with me verbatim on everything I post. What I've been trying to do is be as forthright and timely as I can with my plays and try to give as thorough an explanation of my reasoning behind the move as I can. I'm also trying to give a clear representation of my trading discipline and strategys behind the plays. Maybe some of my strategys will be helpful to others that are not accustomed to this type of trading. I'm not looking for accolades about my watchlists or performance similar to what Peanuts has proclaimed his need for. I like the money and sharing what and how I am trying to make money with these plays.
If someone learns or picks up something new or worthwhile that makes is pleasurable and worthwhile doing to me.

Of the stocks you have posted, I also have AEIS on my watchlist for next week, but as a short possibility as it forms the handle (maybe)

KLIC is back on my watchlist for another week as a long, but I see that you took it off of yours.

I don't know what you are thinking with MED, ACOR, and NITE. They all seem like high risk plays, but I could be completely wrong. MED- I don't think too many people are taking gains, yet. I would view any selling as a continuation of the recent selling. ACOR- is so radical right now that direction shouldn't be guessed, keep stops tight. NITE- has had a nice run-up so I would think that there are alot of people who would look to unload if any weakness begins to show. Other than that, NITE should be stroing, but be careful of the downside...
__________________
--momentum is a product of mass and velocity--

Peanuts,
You'll have to explain your reasoning behind your statement on MED, ACOR, and NITE and throw in AEIS while your at it. Maybe throw up a chart with your annotations on it to show what it is that makes you feel that way about them.
All of these plays are only in the watchlist stage at this time. ACOR was a pretty good call on the short on Friday. You would have had to be watching the stock closely as it went way into the overbought area on the RSI and stalled. It was a perfect entry and produced a .99 gain on the play. I'm not suggesting that it is going to drop further on Monday but that I would be looking for a short play if it developes. I guess I am leaning to the short side with the stock at this point. But it's only my opinion and that's what makes a horse race right. What makes you think that MED is a high risk play? I posted the chart on my take on it with it turning up and making the right side of it's cup and that is exactly what it did. I also explained my thoughts on what I call the Friday factor with the momo and daytrading guys taking their gains off the table over the weekend and that is exactly what happened. I made a .71 gain on the trade and exited with the money in my account. Explain your reasoning behing your feelings about why it shouldn't continue up making the right side of it's cup come Monday. You could be right or wrong about the play as much as I. KLIC is still on my list as a long candidate. I actually like the stock and play alot. I just didn't include it on that last post.
I'll post some charts with my annotations explaining my take on these plays later on today or tonite. People should get used to doing that more often when making any statements about a stock or play. It raises the level of dialogue and shows that at least there is something behind your reasoning.
Thanks guys, you gave me exactly what I asked for and was looking for. I appreciate the interaction.

[IIC]

Doug, very good point. I never thought of it like that...!

For example...I've been posting my daily MoMo list since March 2004 at various forums...The usefulness of the list is questionable IMO...But one time I stopped posting it...I heard from quite a few people asking me why and they all asked me to continue...I had never even heard of any of those people before.

At another forum I am in there is a thread just for posting my MoMo List...Except for a couple of posts, all 703 posts are just the list...there are 23,942 page views...subtract my 703 posts from that number and that leaves 23,239...That's over 30 views per list...Somebody must like to use it....Doug