Sunday, January 27, 2013

01/28/13 Monday Watchlist


Friday: +$0
Cumulative Gains: -$190
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: $SPY still breaking out as it continues to squeeze and could explode as it tests near trendline. Be bullish w/ breakouts and bearish to the tops of technical breakouts. There are alot of stuff that are breaking out due to the market squeeze/breakout, so there will be a lot of good tops to short.

WATCHLIST.
I'll be trading more aggressively again as I have now gauged the markets price action. I will be bullish to b/o momo and bearish to the tops of technical breakouts and over-extensions.

JVA (I am long 7.28 swing) - still breaking out and could make even bigger moves as $SPY is ready to explode.

CLNT - I have been watching this for the big b/o thats ahead. I may swing this one this week. 4.5, 4.7 and 5.7 are key. Prev earnings winner/growth + market b/o + insider buying + one of the best charts on the market = explosion.

CBMX - is still trying to bottom about 4/4.2. no play until it patterns properly for the big squeeze

PRCP- is still hanging above 8.4 key supp w/ big vol, I see this squeeze shorts to test 10. Im not buying b/c its over-extended and will crash when there are no more shorts to squeeze, and i prefer to front run b/o. potential short on the next spike.

KERX - is trying to squeeze thru trendline but could panic if fails. I am short biased as I prefer to front-run technical b/o's. If it spikes, its a potential short under 3.66

QTM - is breaking out and is now up +8% since my alert at 1.36.


OTC's

SWVI - potential buy. has lots of supp underneath but no play until it either: (1) breakouts 0.30 or (2) big dips again to bounce off or bounce under EMA50/200-daily. no play, letting it pattern.

STVF - a repump that will crash soon. wait for the big spike/squeeze to short.

gl. peace
-ss23

Friday, January 25, 2013

01/25/13 Friday Watchlist



Wed & Thur: +$140
Cumulative Gains: -$190
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: $SPY still breaking out as it continues to squeeze. Be bullish w/ breakouts and bearish to the tops of technical breakouts. There are alot of stuff that are breaking out due to the market squeeze/breakout, so there will be a lot of good tops to short.

WATCHLIST.
I have been playing small positions to feel out this strange market b/o. Buying is not my strength so I play small. But any things that had been breaking out are starting to top, so its time to be a little more aggressive again with these technical spikes as they top.

JVA (I am long 7.28 swing) - is consolidating and I will still hold until it fails 7.75/8.0 supp zone.

CBMX - bounced to retest 4.20. since it's Friday, we could see a squeeze to revive 4.20 supp before it patterns for a massive squeeze. upside to 6.20

*CIMT - downside to 5. will likely fade today, watch for morning panic.

KERX - i nailed this short at 3.74. its bouncing off trendline supp but i think it could panic thru it today if it doesnt squeeze thru 3.66


AVTC - is hitting new highs but I will wait for the 7.0 b/o

QTM - pure technical b/o set-up. watch for 1.41 b/o and 1.50 b/o. upside to 1.7

TC - watching it pattern for a 4.50 b/o, but I may front run it on a dip towards 4.25. this could hit 5.5+ if it b/o 4.5. A potential short on a failed b/o


GV - has downside to key supp at 2.4. first red day but i think it will bounce around for a while so potential short next week

SGMO - has downside to key supp at 6.7. first red day but i think it will bounce around for a while so potential short next week


OTC's
MJNA- just watching them repattern. i will wait for it to b/o 0.20 since its facing too much res.

SWVI - potential buy. has lots of supp underneath but no play until it either: (1) breakouts 0.30 or (2) big dips again to bounce off or bounce under EMA50/200-daily.


*Morning panic watch.

gl. peace
-ss23

Wednesday, January 23, 2013

01/23/13 Wednesday Watchlist




Friday&Tuesday: -$95
Cumulative Gains: -$320
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: $SPY still breaking out so be bullish.

WATCHLIST.

JVA (I am long 7.28 swing) - is still breaking out and i think the big breakout could come soon.

TELK (im long 1.95 avg)- i bought into the close for a prob gap-up but I got news bonus when they released PR a/h. This has power. I added at 2.20 pm because i think its headed for 3+.
ONVO - watching it pattern for a 6.0 b/o
TC - watching it pattern for a 4.50 b/o, but I may front run it on a dip towards 4.25. this could hit 5.5+
AVTC - I'll wait for 7.0 b/o
GV - i will be scalping this on momo.
SGMO - also momo play to scalp
+AAMRQ - technicals on this is sick. if it can successfully mornign spike, this will be a beast. has upside to key res 4.92, but may test 4 first. This is also a good short when it tops.



OTC's
MJNA, AMBS - just watching them repattern.

SWVI - this is the new APS pick. I don't by right out the gate. I will wait for it to pattern. Potential long.


+Morning spike watch.

gl. peace
-ss23

Friday, January 18, 2013

01/18/13 Friday Squeeze Watchlist



Thursday: -$300
Cumulative Gains: -$225
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: $SPY finally broke out and hit new highs. We are officially in a very bullish market. Be prepared to buy bottoms and breakouts. Dip buys are going to be easy again, but shorting will be difficult. Only short good patterns, choppy charts will bounce and squeeze you every chance it gets. I'm speaking from this weeks experience (see my recent trades). It's time to unbox my bull system and box the short strategy.  I am only interested in buying bottoms and clear breakouts into new highs. Friday squeezes should be nice today.

WATCHLIST.

JVA (I am long 7.28 swing) - is still breaking out and may get even nicer today for the Friday squeeze. If it dips I will add 700 more shares. if it continues to b/o, I will take profits at 8.5 or so.


+CALI - technicals on this is sick. if it can successfully mornign spike, this will be a beast. has upside to key res 4.92, but may test 4 first. This is also a good short when it tops.


+SGOC - this should see 2 soon. watch for morning spike. natural supp at 1.25, key res 2.08.

+ONVO - breaking out into new highs w/ upside to 5.55 key res. key supp 3.80. I plan to scalp a morining spike or eod run-up.


CLNT - prev earnings winner that is undervalued imo. big moves ahead as it patterns for 4.57 key res squeeze which could spike to test key res 5.71 esp with yesterdays insider buying of 150k shares.


CBMX-  I am watching 4/4.2 for bottom but yesterday it dipped below 4.2 and spiked back above 4.2 with little strength than expected so I am not yet convinced it has bottomed. I will not buy this early, I will wait for it to set-up to squeeze. i plan to bank $2-4k on this one when it patterns.

OTC's
MJNA - dipped big, so I am looking for the bottom anywhere between 0.12/0.13. this could be the next AMBS

AMBS - I am waiting to enter on the 0.1 b/o. It could def go much higher in this market


+Morning spike watch.

gl. peace
-ss23

Thursday, January 17, 2013

01/17/2013 Thursday Watchlist





Wednesday: +$330
Cumulative Gains: +$75
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: As I said, $SPY is very bullish and will breakout soon. It tried to b/o yesterday as it pushed all day but there was negative sentiment around US futures. Remember news does not last forever, and the price action will resume on all time scales once the news vol fades. $SPY will breakout, I am anticipating this breakout out today or tomorrow but it's only a matter of time. Be bullish and appropriately bearish today. Buy bottoms, and short scalp over-extended spikes.

WATCHLIST.

JVA (I am long 7.28 swing) - started breaking out into the close yesterday, closing at 7.88. It could continue its breakout thru today and thru the Friday squeeze.

+BOSC - I nailed this trade for $275bucks with just 500shares. I wanted 2k shares originally but it was not liquid enough pm and the market gapdown due to negative market sentiment yesterday was also a little discouraging so I played it small and safe. I think this has plenty of upside but only if it can pattern properly. I am want for 6.24 b/o continuation and will look for a dip buy above it. Upside to 7.7 test then 9 test.

MJNA - this has the potential to be the next AMBS after 0.20. I alerted it at 0.12 but couldn't get a fill there so I am waiting for entry near 0.14 since it's breaking out. I am waiting for the dip to buy. this could run as far as this bull market lets it if it patterns properly as it is clearly breaking out with vol. 0.142 is key supp and 0.17/0.20 is key res zone.

CLRO - great news or not, this stock is extremely over-extended and is a def short under 7/7.10 key res zone. I shorted it at 6.93 and coverd too soon for $80bucks but it will breakdown or just go sideways to repattern. But the odds favor it going down than spiking thru res. I am waiting for it to intraday squeeze before shorting a possible breakdown.

*SGMO - is topping at 8.6/8.74 res zone just as I anticipated. Watch for a panic this morning to short.

NEWL - is patterning above 1.14 key supp so it could spike with the market once it patterns properly, upside to 2 or back to 2.6

TELK - supp at 1.69 with upside to 2.3 or back to 2.8 if it can pattern with the market when market spikes.

CSIQ - vol was too dry and the morning spike failed which led to a morning panic as I explained in my watchlist. I didn't short the panic b/c I was more interested in BOSC. It's still over-extended with no real supp til 3.80 so it could still continue to breakdown with vol today after this bounce to test 4.3 tops.

BIOL - 
is setting up to squeeze more shorts above 2.82 supp. remember this has a high short interest so it has the potential to go higher. No play for me yet has it's too over-extended. I will buy a big dip unless it holds up above 2.82 until tomorrow for a Friday squeeze. But I am prepared to short a 2.82 supp crack today.

CBMX- people were buying this expecting it to breakout but its still patterning, don't bite the bait, its not time yet. As I said, I am waiting for it to pattern at 4.20 or dip to 4 for a 4.2 revival. i plan to bank $2-4k (buying then shorting) on this one when it patterns.

+Morning spike watch.
*Morning panic watch.

gl. peace
-ss23

Wednesday, January 16, 2013

01/16/13 Wednesday Watchlist




Monday: -$110
Cumulative Gains: $-260
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: I may have underestimated how bullish $SPY and was probably right when I said we are about to enter a very bullish period as the market squeezes shorts into new highs (thanks to perfect timing of the Fiscal Cliff deal and the January Effect). This is part of the reason why it has been increasingly difficult to short this week as I have been getting squeezed out of most of my aggressive shorts. The market has been sideways due to it consolidating, however it can breakout this week if not today. I will be bullish but appropriately bearish to over-extended spikes.  I believe the market will explode soon if not very soon.

WATCHLIST
Most of these are down alot from their highs so expect them to rebound if the market spikes into new highs.

JVA (I am long 7.28 swing) - consolidated yesterday but Q4 earnings date is scheduled for 1/24 so it could breakout any day when it patterns properly with the market.

BOSC - supp at 4.76 upside to 6.2 or 7.7

NEWL - supp at 1.14, upside to 2 or back to 2.6

TELK - upside to 2.3 or back to 2.8 if it can pattern

CSIQ - is still testing 4.39 and trying to find supp. a morning spike with the market could send it to 4.9/5. vol is drying so a failed morning spike could panic

BIOL -
vol is dry. could morning panic under 2.82

SGMO - has a high short interest and could run for weeks but very over-extended and could collapse at any key res. may squeeze thru 8.74 to test 9.03. I will short it when it tops as it could lead to the first red day.

CBMX- is bottoming but is still patterning imo. i plan to bank $2-4k on this one when it patterns.


gl. peace
-ss23

Tuesday, January 15, 2013

01/15/12 Tuesday Watchlist



Monday: -$150
Cumulative Gains: $-150
I started with a new $2k account on 01/15/12; I will try to grow to $20k by end of tax season.

Market: $SPY is still bullish but is on its last leg as the market is still squeezing the January effect. Be bullish and only short over-extensions and breakdowns. Do not short at intraday EMAs unless its breakingdown with vol.

WATCHLIST

JVA (I am long 7.28 swing) - made some subtle moves upwards. could breakout early this week with any news. they just scheduled their Q4 earnings date for 1/24, which will be a catalyst in the weeks ahead.


NEWL - did exactly as expected. it squeezed/morning spiked to revive 1.14 supp and spiked over 30%. I missed my entry at 1.16 watching TELK which i also missed. I gotta be better prepared as I shoulda coulda woulda banked over $2k in profits yesterday had I played my watchlist as planned but everything happened at the same time. It is still testing 1.14 supp and I think it has more upside as EMA7 could morniing spike it. I will short a failed am spike. It has a pretty high short interest (6 dtc) so I am long-baised here.

MY - as expected, it bottomed above 1.47 key supp morning spike to 1.69. It has more left in it, so look out for a morning spike towards 1.94

TELK - I shoulda coulda woulda nailed this for $1.5k had I shorted it at 3 for position but I could not get a fill. And I shoulda kept my cool and shorted it when it slipped under 2.80 res but I was too emotional about my missing 3.0 and NEWL and MY all at once. If I doesn't gapdown too much, I will short a morning panic down to 1.94 supp.

SCTY - cracked 15 as expected but it faded midday which was too slow for my taste. I will short a morning panic today if it gives.

CSIQ - spiked over 4.39 res. It's too over-extended to buy so I will wait to short it 4.9 key res or 5 natural res.

MITK - gapped down back under 4 res. I am watching it pattern under res and may short if vol fades under it with downside to 3.6.

ONVO - gapped up and morning spiked as expected. No play until 3.80 test, which I plan to short it for whatever it gives.

CBMX- is bottoming and I am watching for it about 4.20 key supp. It may dip to 4 before squeezing thru 4.20. i plan to bank $2-4k on this one.


gl. peace
-ss23

Sunday, January 13, 2013

01/14/13 Monday Watchlist


Friday: +$700
January: +$6.5k
I am starting with a new $2k account on Monday now; I will try to grow to $20k by end of tax season.

Market: $SPY is still squeezing and looks to be trying to breakout into new highs. I am always short-biased but I will look to buy squeezes and breakouts if the market spikes during power hour.

WATCHLIST

JVA (I am long 7.28 swing) - could breakout early this week.

CSIQ - is testing 4.39. could fail to find supp at and panic as vol fades. will spike if it finds supp

MITK - looking for a top at 4.25 key res test to short back down to 4 or lower if it breaksdown.

SCTY - if it cracks 15, i will short for $2 downside

ONVO - is squeezing to find supp at 3.24 supp so it could morning spike.

CBMX- waiting for the bottom; watching for it about 4.2 key supp. i plan to bank $2-4k on this one.

NEWL - could 1.14 revival morning spike squeeze back towards its highs

MY - bottoming above 1.47 key supp, could morning spike to test 1.63 then its highs.

TELK - is breaking out on news. it managed to close above 2.80 key res, it could find supp there and morning spike to 4.25+ before a becomes a great short. I plan to bank a lot on this stock like it did with CBMX b/o.

gl. peace
-ss23

Friday, January 11, 2013

01/11/13 Friday Watchlist



Thursday: +$900
January: +$5.8k
I am starting with a new $2k account today that I will try to grow to $20k by end of tax season.

Market: $SPY ended strong yesterday but I think it is just squeezing rather than breaking out but I could be wrong so I will adjust to what the market gives. Morning news about US inflation and China seems to have a negative sentiment.. So overall, I am short baised because judging by the daily and weekly vol, this stock is over-extended and its true intention is downwards imo. Keep in mind Fridays are known for short squeezes.

WATCHLIST
I plan to play these on both sides depending on what the market sentiment is today.

VOXX - over-exteded and will drop soon. tried shorting it yesterday but lost patience as its still holding up. could top around 9.5/9.6 key res or 10 natural res. key supp at 8.94/9. key supp also at 8.2

MY - was a great short yesterday when it was grossly overextended in the 2's. it has a beautiful breakout pattern and could squeeze nicely today esp if the market spikes. This is the play to watch for long. could still dip to 1.5 before running, if not im watching 1.70 for entry.

NOK - an earnings winner with 10% EPS growth. not the greatest earnings win but it has a great chart pattern and vol. It may need to dip to 4.20 before 4.5 b/o to 5+

JVA (I am long 7.28 swing) - I bought a small 300shares at 7.28 on the dip bottom to swing it in anticipation of it spiking thru 7.5, which it needs to close above in order to breakout next week. I will sell if it fails to break and hold above 7.5.

CSIQ - i nailed this gap and crap as I shorted pm then reshorted after the failed morning spike.  its still over-extended from 4 but could squeeze with the market. 3.8 and 4.4 are key.

ONVO - I completely nailed this short and left alot on the table. its still over-extended but is bouncing off 3.25, I will look to short in anticipation of 3.25 crack or buy a squeeze above 3.25. so 3.8 and 3.25 are key

MITK - I scalped this for 100 bucks but held up. its still topping. 3.6 and 4.25 are key. 4 is important

UNXL - I was dead right about this dropping atleast $2 but missed my short entry so I played the bounce instead. its still has plenty of downside just needs to repattern, no telling where it will top again. 18.75, 15/14.85 and 9 are key

NEWL - I missed this perfect short at key res 2.6 which i called on my watchlist, but i was busy shorting ONVO and CSIQ. I am watching it repattern, has plenty of upside and downside so I will look to play it either way. 2.6 and 1.1 are key. some res 1.8 and 2/2.1

 FREE - there were buyins yesterday but still it barely moved and vol is still drying. over-extended could drop 10cents. 0.38, 0.3 and 0.2 are key


gl. peace
-ss23

Wednesday, January 9, 2013

01/10/13 Thursday Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $23k (+1150% wrt cash, +190% wrt initial buying power). My system is sick!
Wednesday: +$900
January: +$4.9k

Market: $SPY is still a little over-extended so it could continue to consolidate. Volume is fading so the market could turn bearish at the end of this squeeze. I am bearish.

WATCHLIST

CSIQ - over-extended, could drop 40cents. 3.8 and 4.4 are key.

ONVO - over-extended, could drop 40cents. 3.8 and 3.25 are key

MITK - topping. could drop 30+ cents. 3.6 and 4.25 are key. 4 is important

UNXL - topping. could drop 2bucks. 18.75 and 15 are key

NEWL - over-extended. 2.6 and 1.1 are key. some res 1.8 and 2/2.1

 FREE - over-extended could drop 10cents. 0.38, 0.3 and 0.2 are key


gl. peace
-ss23

01/09/13 Wednesday Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $23k (+1150% wrt cash, +190% wrt initial buying power). My system is sick!
Monday: +$2.5k
January: +$4k

Market: $SPY is bullish but still over-extended from ~144.4 so it could consolidate more. I will gauge the market and trade accordingly.

WATCHLIST

CTIX (pump) - I sold my 1.93 at 2.10 as market was consolidating but it kept pushing against the market and hit 2.20 and could spike more today. No play for me as it is midrange now.

NWTR (pump) - this and FARE dumped yesterday but i don't think this will bounce much given the chart pattern. It's holding 0.55 so it may try to bounce there but not sure it will rebound.

FARE (pump) - dumped yesterday and I completely nailed my +50% short at 0.319 and covered at 0.160. This massively panic is predictable by my system. But since it held above EMA20, i don't think its over yet. The promoters are still sending out emails so I may buy this as a big dip buyer and play the bounce. Supp at 0.153

FREE - I love the spread on this stock. I will look to short it eventually, but I may buy the 0.44 breakout if it morning spikes today

CHLO (pump) - eventually a good short

PPHM - i am watching this for a possible morning panic because vol seems to be drying. It could drop 25cents quickly.

AVTC (pump)- could morning panic 50cents or more.

BION (pump)- I am letting this pattern for a short entry. It will dump eventually and I will try to predict the dumpage after it patterns.

MWIP (pump) - is a subpenny but is liquid enough for me. this will dump eventually.


Swing Plays
RIMM - I sold my swing position because it can't seem to hold above 12. I will rebuy when it closes above 12.03
JVA - I am watching it pattern for a possible run-up above EMA50-wkly in anticipation of it closing above the EMA by end of week, which is confirmation that it will spike next week.


Be bullish. peace.
-ss

Tuesday, January 8, 2013

01/08/13 Tuesday Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $20k (+1000% wrt cash, +167% wrt initial buying power). My system is sick!
Monday: -$28
January: +$1,480

Market: $SPY is bullish so I will be bullish. The market consolidated yesterday as it tests supp at 145.5 near 52wk high. The market is over-extended on the daily chart as it tries to hold its gains. I expect a green day if the market continues its strength with vol but be prepared for a pullback to 144.4 supp esp if vol fades.

WATCHLIST

CTIX (pump) - I bought this at market open at 1.93 and am holding for 30-50cents. It perked up all day against market consolidation, so I expect it to spike today if the market spikes.

HEB - bought this at 0.271 and it spikes to 0.29 where I woulda sold but I had computer/internet problems and missed the exit so I am sswing it til today.

GTIM - mm held it up above key supp at 2.74 so it could spike today with the market

NWTR (pump) - turned to be a good short at the market open yesterday as it dipped nearly 30cents to EMA13. I may buy the botttom is the market looks strong.

BION (pump)- dipped yesterday and bottomed. I may enter today to swing it back to its highs if the market is strong today and the rest of the week.

FARE - is starting to get over-extended so watch for a top. its a potential big dip buy near EMA13-daily

Swing Plays
RIMM - i bought at 12.03 and am holding if the market spikes today.

FB - turned out to be the better play. shoulda held my pm buy at 28.72, I planned to rebuy at market open but I had technical issues. no play now that its midrange.

JVA - Technical issues caused me to miss my entry at 7.3 supp before it perked up thru EMA50-wkly, which is all it needs to hold above by the end of the week for a nice run next week or possibly this week.


Other Pumps on Alert
Before dip buys, these are also scalpable shorts as they dip if the r/r is good.

AMBS - wait for a big dip buy near EMA13

USGT - wait for a big dip buy near EMA13



Be bullish. peace.
-ss

Sunday, January 6, 2013

01/07/13 Monday Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $20k (+1000% wrt cash, +167% wrt initial buying power). My system is sick!
Friday: +$470
January: +$1,510

Market: $SPY is as bullish as ever! for three reasons: (1) Fiscal Cliff deal as catalyst; (2) January Effect (tax-loss selling buy back); and (3) the first quarter of the year tends to be bullish when the market is stable. We may be entering one of the most bullish periods ever imo. Therefore, there is absolutely no reason to be shorting anything aggressively. Buy buy buy and only short when the market big dips (the only exception of course are pumps). And its definitely PUMP season, and you should be buying them and short scalping them as I don't see any pumps ending soon. SN: 4Q earnings season begins this week, so I will be adding some earnings winners to my watchlist if I find any good charts.

WATCHLIST

Note: Never blindly buy a big dip, look for the bottom near the probable support (learn how to buy bottoms).

CTIX (pump) - this is my #1 squeeze play on watch with plenty of upside (the sky is the limit). shorts are gonna be aggressive becuaes there is alot of chatter about it being a scam. I love it when shorts get sucked into shorting a breakout only to make it run even more as they are forced to cover. Just needs to breakout EMA7-daily and we are good to go. I am watching 1.9 for entry.

HEB - I am watching this for a Monday morning spike for a quick dead cat bounce play.

GTIM - is financially growing and is spiking on double news. I see a round 2 with upside to 5. supp at 2.74

NWTR (pump) - closed weak eod so it could morning panic for a dip buy near EMA7-daily

BION (pump)- could squeeze soon with upside to prev high. I am waiting for it to b/o EMA7

Swing Plays
RIMM - is a 2-time earnings winner that is rebounding. It will explode any day now so i will be looking to swing it when it breaks out 12. I want to swing it for $1-2/share

FB - looks to be heading towards its ipo price after its 3Q earnings win. I will look to buy a dip towards 28 supp during premarket as I since it could morning spike esp if $SPY morning spikes. I want to swing it to 30s.

JVA - I am watching this closely for an entry near supp at 7.3 if it patterns properly. This stock could turn into a monster breakout soon. All it needs to do this weak is breakout close the week above EMA50-weekly, then its a very probable monster breakout.

Other Pumps on Alert
Before dip buys, these are also scalpable shorts as they dip if the r/r is good.

FARE - wait for a big dip buy near EMA7-daily

AMBS - wait for a big dip buy near EMA13

USGT - wait for a big dip buy near EMA13



Be bullish. peace.
-ss

Friday, January 4, 2013

01/04/13 Friday Watchlist



I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $18k (+900% wrt cash, +150% wrt initial buying power). My system is sick!
Wednesday: +$640
January: +$1,040

Market: Expect $SPY to squeeze this week so ill be bullish and appropriately bearish, looking to short over-extensions and breakdowns.

WATCHLIST
There are a lot of good plays out there but can't play them all. I'm starting to learn how much more efficient it would be to focus on a few prefect trades and nailing them with big positions, rather than scalping everything. From now on, I will try to make less than 10 trades/day. I will also try to swing a trade or 2.

FARE - the market is working with the promoters now, as the market picks up vol, which is all this pump needs to run. I am long 0.217 just before close for a gap-up and morning spike. This is a pump and dump, so it could dump at any point, so be cautious around natural res levels like 0.23, 0.24, 0.25 etc... But if the promoters are competent, this could turn into a great run-up.

AMBS - this thing is still trending with vol so it could hold-up a bit. don't be aggressive, wait for vol to fade before shorting.

BGMD  - banked over $400 on this one yesterday playing it on both sides. I will look to buy the squeeze if it bottoms today and only today b/c once momo is gone, it could fade to 2 or lower. I'm watching supp around 2.5 today.

ONCY - this is turning into a perfect short pattern I've been waiting for. I am swinging it from my 3.99 short.  Once supp at 3.74 breaksdown, I will add to my short.

VRNG - spiking on news about a new executive. I like this stock cuz it moves. I will buy a morning breakout for quick scalp for 50cents. Then I will look for the big dip buy to play the squeeze. It fades with vol so take note of its pattern.

JVA - this is my swing set-up. This stock has potential to run-up imo in light of its recent killer earnings win and is undervalued imo. I shoulda bought into the close, but maybe i'll get a change today if doesnt gap-up. supp at 7.3 will be a good stop.

peace.
-ss

Thursday, January 3, 2013

01/03/2013 Thursday Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $18k (+900% wrt cash, +150% wrt initial buying power). December was a great month/end to 2012 for me. My system is Sick! I look forward to 2013.
Wednesday: +$400
January: +$400

Market: Expect $SPY to squeeze this week so ill be bullish and appropriately bearish, looking to short over-extensions and breakdowns.

WATCHLIST


BGMD  - bought the CE Mark news a/h at 2.59 and sold half at 2.97 and doubled up at 2.85 and holding res for the squeeze to 3+

QUAD - I bought at 21.17 in anticipation of a run up and gap up. not doing much thus far as market gaps down. may sell at open if doesnt am spike

BION - is fading now. ill look for next bounce to short

FARE - could crack today

AMBS - no borrows at suretrader but seems to be topping.

USGT - looks like its breaking down. no play until it dead cat bounces

TAMO - will short it if it spikes

TRIT - cracked below 2.75 supp. no real supp til 2, could drop soon. ill short if it spikes. i shorted at 2.61 for ~25cents yesterday.

HOV - this is a short on a big spike. a swing trade

peace.
-ss

Wednesday, January 2, 2013

01/02/13 Wednesday New Year Watchlist


I started with a $2,000 on 6:1 margin ($12k buying power) in December 2012. Now at $18k (+900% wrt cash, +150% wrt initial buying power). December was a great month/end to 2012 for me. My system is Sick! I look forward to 2013.
Monday: +$2.1k
December: +$16.2k

Market: The fiscal cliff has finally went thru. Expect $SPY to squeeze this week so be bullish but only focusing on breakouts, and be appropriately bearish, look to short over-extensions and perfect breakdowns.

WATCHLIST


BION - i completely nailed this trade for $2.5k on new years eve. it could tank more any minute.

FARE - is still holding up. eventually a reshort when it tops. could tank at any res and at any point.

AMBS - also holding up but could top and tank at any point.

USGT - not shortable at SureTrader but I will look to play the bounce prob off 0.67

TAMO - let it repattern. potentail short on any spikes under 0.20

ONCY - has squeezed again on Monday. shorting above 3.74 would be aggressive as it could still squeeze to 4.5

TRIT - still watching 2.75 as pivot. I see it squeezing some more since its holding above 2.75 thus far. This is a potential buy as it is a short.

HOV - this stock has shown consecutive earnings win and growth for 3 quarters but missed and slipped from profits to deficit when it reported 3Q earnings. It has been breaking out because of its consecutive earnings growth but will now have to lose alot of those gains so I expect it to break down soon. I am short 7.17 premarket and plan to cover on strength.




Happy trading happy new years. peace
-ss