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.


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


  1. Looks like we are on the same path to nailing Wall Street! Loving your watchlist and trade updates on
    Keep it up and come check out my blog as well :)

  2. Any way Richard how good is Pre Promotion Stocks ?

  3. I only joined on 9th Jan 2013. Got VUME alert and made $750. I am tracking others for upcoming promos.
    I will give proper review after one month.