Trade Journal

New Buys:



Added To:



New Shorts: DECK (short at 112.07)



Sold for Profit:



Sold for Loss:

Stock Picks and Trade Ideas for Friday

New Buy Ideas: AGT, CHNR, PRAN, RNIN, SUTR, VIT, VLNC

New Short Sale Candidates: CMED, CPHD, DECK, HRS, MSA

Add To:

Sitting Tight...Again...

Looks like its time again to sit patiently and watch. This means no new buys for now. I will keep an eye out for any worthwhile short sale opportunities. I'll keep you guys posted on any new developments...

A Bit of Resistance...

Looks as if the DJIA is hitting some resistance at its 50 day MA. So far I'm not surprised. Many thought that the worst was over and that the markets are ready to rally to new highs. Not so fast. Even with the impressive strength that was bestowed upon the market (due to a string of small positive tidbits), the truth is, we are still in a down trend. The only way to break out of this down trend is if the DJIA (and the rest of the indices) break through the 200 day MA, allow the 50 day MA to catch up, and breakout (2% or higher) on heavy volume. Speaking of volume, check out the volume for the past few days. It is all average volume, folks. This means that the institutions have been absent for the greater extent of this oversold bounce. In my opinion, we have a while to go before the markets truly bottom. But rest assured that when they do, there will be plenty of opportunities to make up for the current dismal action.

On the Move: CTIB, OME, SVNT

CTIB (in at 6.16)

OME (in at 11.34)

SVNT (in at 22.80)

Added To: XTLB

Note: Be cautious when trying to enter a trade. If it looks over extended, it probably is. These are all short term trades therefore it doesn't matter that they are a bit extended.

On the Move: AXYS, PRAN, XIDE, YTEC

AXYS -rebuy (in at 46.41)

PRAN (up over 50% due to successful Phase 2a Trials -just watching it for now)

XIDE (in at 11.06)

YTEC (in at 18.48)

On the Move: JRCC, KGN, NCOC, SHZ

JRCC -rebuy (in at 17.21)

KGN (in at 4.63)

NCOC (in at 5.42)

SHZ (in at 7.95)

It is important to note that all of these stocks are part of the top two performing industries: Alternative Energy-Coal and Mining-Precious Metals and Minerals

Stock Picks and Trade Ideas for Monday (2/25/08)

New Buy Candidates: LRT, NCOC, NEOG, TC, XIDE

Add To:

Stock Picks and Trade Ideas for Thursday

New Buy Ideas: AXYS (rebuy), CALM, GBN

Add To: XTLB

Short Sale Ideas: FSLR (if the stock closes near the LOD on high volume (over 6M)

Update: No new buy candidates...

Stock Picks and Trade Ideas for Tuesday

New Buy Ideas: ENH, GU, RMG

Add To: ATEC

New Short Sale Ideas:

Market Indices Faced Resistance...

...at several key moving averages. This should not come as a surprise if you have been following the January 2008 sell-off. The DJIA is facing some heat around its 50 day MA. On the flipside, it has a bit of support at the 20 day MA. The NASDAQ is trending right along its 20 day MA and has yet to try to climb back to its 50 day MA. The S&P 500 is facing the exact same scenario as the NASDAQ. The Russell 2000 is showing more signs of a short term bottom as the 20 day MA and 50 day MA are narrowing the gap between them. This is normal due to the fact that the RUT has been in a downtrend for far longer than the other indices (since Nov 2007). What does this all mean? Look for micro/small cap stocks to outperform other issues on the three main indices. This of course will be a short-term move, so stick to trades. This is not the time to put anything in your IRA. If you are not a trader, stay out for a bit.

Trade Journal

New Buy:

Added To: VSCI

Sold: GU (covered)

Low Risk Entry- VSCI

For those new to VSCI or looking to add more to your position, this is your chance to grab the stock at a bargain. The stock has come down a bit (it was overextended) and is now sitting right above support at 3.50. Cut your losses if it closes below this level on heavy volume (over 280K).

Stock Picks and Trade Ideas for Thursday

New Buy Ideas: ICO (in at 6.99), OFG (in at 18.75)

Add To: GU (short), VSCI

Sold: ADEP, AUXL, TITN, VSCI (my first position for a 61% return)

*VSCI - looking for a good dip to add more to my other positions

Trade Journal for Tuesday

New Buys: ATEC (in at 5.84), TNDM (in at 22.19)

Added To: ADEP, INET, VSCI, XTLB

Currently, my two favorite stocks are ATEC and VSCI. These are the top two stocks to keep an eye on in the weeks and months ahead.

Stock Picks and Trade Ideas for Tuesday

New Buy Ideas: ATEC, TNDM

Add To: ADEP, INET, XTLB



I am actually shocked at the lack of new longs. I hope they pick up the pace by the end of the day.

Heating up the Charts: VSCI

Let's face it. The general market has been underperforming. On the flipside, a small number of individual stocks have been holding their own and actually severely outperforming the indices. One such stock is VSCI. So far, VSCI is up over 40% from my original buy point. Do I think it will head higher, for sure. In case you missed its first leg up, do not fret, as I expect the stock to come down a bit (either tomorrow or by the end of the week), as VSCI is a bit over extended at the moment. This pullback will be more of a buying opportunity rather than an end to the trend.

On the Move: INET, VSCI

Here are todays On the Move candidates: INET, VSCI

Trade Journal

New Buys: ADEP (in at 8.59), RBI (in at 11.66)

Added To:

Sold for Profit:

Sold for Loss: CZZ (-8.36%)

Trade Journal

New Buys: XTLB (in at 3.74)

Added To: AUXL, INET, VSCI

Sold for Profit:

Sold for Loss: APWR (-14.87%)

Note: I should've sold APWR a lot sooner. Instead, I held onto it thinking that it would form a pivot point and bounce higher. Turns out I was wrong on it and it became a stupid, costly mistake. Oh well. I'm just glad I got rid of it.

Note: I just realized that I did not post the buy info on my INET position, so here it is. INET (in at 7.81)

In Play: VSCI

VSCI (add on at 3.04)

Original Position at 2.69

In Play: THLD

Today's In Play candidate is THLD.

Stock Picks and Trade Ideas for Wednesday (2/6/08)

New Buy Candidates: ILMN, SNG, THLD, YTEC

Bottom Feeder Candidates: ACUS, AIRN, ASTM, IEAM, NYNY, SMTK

Keep an Eye on: VSCI

Stock Picks and Trade Ideas/Trade Journal for Tuesday (2/5/08)

New Buy ]Ideas:

New Short-sale Ideas:

Add To:

Sell for Profit:

Sell for Loss: DE (-.63%), DROOY (-9.70%)


New long/short candidates will be posted tomorrow morning at or near the market open...

Trade Journal

New Buys: APWR

New Short Sales: GU

Added To: PTEC

Holds: AUXL, CZZ, DROOY, IMAX, TITN

Sold for Profit: FDG (+9.85%)

Sold for Loss: PAAS (-6.61%), VRUS (-3.63%)

In Play: GU (short)

GU -short (in at 11.15)

At the Open: APWR

APWR (in at 18.38)


Updat: Ok, so I guess I jumped in too soon. Still too early to tell if this holding is a waste of my time and cash...

Short Term Bottoms

Here are several stocks that may present some short term buying opportunities for bottom fishers...

BNHNA, CTC, FMT, GCA, GYI, HHS, MNTA, OCCX, ROHI, VPHM, WFSG, YBTVA, ZL

Generally, these stocks are coming off of rounding bottoms and showing reflex bounces due to oversold conditions, short coverings. Some of them boast low floats which also help fuel their bounces.

Stock Picks and Trade Ideas for Monday (2/4/07)

New Long Ideas: ACOR, FUQI, PAL, XTLB

Add To: IMAX

Note: PAL is currently attempting to put in a bottom. Bottoming stocks make good long trades as long as they don't face over-head resistance. Take profits when the stock faces difficulties heading higher (for instance, on a day that the stock takes a significant hit on heavy volume).