Registered User Joined: 10/7/2004 Posts: 2,181
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This is a little premature possibly so be very careful here. If you are at all risk averse, then wait for some follow through from the markets. But it looks like we've hit a support level and may well get a bounce. But, again, watch your pennies carefully, and don't get greedy. I will not be surprised if we only get a few days of bounce, if any at all.
OK, here's the list, remember to place your buy order above the high of each previous day; this will give you the most aggressive yet relatively safe entry:
KONG
IAG
ZLC
MED
CDE
SIGA
JTX
MRGE
GY
HTCH
PARD
AID
QXM
EBR
BPSG
RINO
CRIC
ZAGG
LYG
YTEC
God's best blessings to each.
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Registered User Joined: 12/28/2008 Posts: 26
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TD,
Thanks for your scan. btw-do you usually play all these positions or try and narrow them down to a select few. Thanks
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Registered User Joined: 2/19/2008 Posts: 193
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Dear Tobydad, thank you so much, very timely.
I will be very careful.
About PARD I was in it with some nice gains which were mostly erroded on 01/25. FYI, News on it that caused that big drop was that its Cancer drug in trials may have a better side effect profile but is not as effective as the other drug currently in use.
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Registered User Joined: 3/21/2006 Posts: 4,308
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TB, Here are the stocks that I liked on the list.
KONG, MED, GY, HTCH, ZAGG
Some of these also show up on my scans. I also like that these in particular look like pull-backs that were affected by the market draw down and like the Market; price is bouncing off support levels. "That is what it looks like but there is no quarntee". They all look like the fit into my Tobydad Profile Template.
Thanks for sharing.
It is my opinion by the way that the Markets are going to bounce just a little and then finish off the correction with one more leg down. Then we will find some nice bargains.
I also like JOYG and BTU as nice pullbacks. I will watch them closely...
Apsll.
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Registered User Joined: 10/7/2004 Posts: 2,181
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Casita; It depends on the charts but I've learned I'm best off to take a piece of as many as possible. Using my entry technique greatly increases the profitability. Once I'm in, I only stay in the ones that look too good to give up. Otherwise, I sell as soon as the strength begins to wane in the slightest. Notice I did not say at the first signs of weakness, rather at the moment the strength begins to let up. Keep in mind this is just one approach but I've found that, coupled with some slightly longer term holds on the better charts, this greatly increases my percentages of success.
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Registered User Joined: 10/7/2004 Posts: 2,181
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Apsll; you haven't been around for a while so you wouldn't know this but your description is exactly what these are. I've now been blessed to have picked 4 or 5 lists of stocks that have had anywhere from astounding success to, at worst, pretty healthy returns given the short time frame.
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Registered User Joined: 10/7/2004 Posts: 2,181
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Jean; PARD is in my In Play list. It's got a little "W" thing going if it takes off from here. It's also sliding along on top of the trend line drawn from the high of 11/18/09 to 12/08/09. As long as it stays on top of that line, I think we have a real good opportunity here. BIG NOTE: Keep in mind that most everyone is expecting another leg down --and frequently the last leg down is the real killer-- so don't get too wrapped up in a big trade on PARD just yet. Be ready to get out at the slightest loss of strength or even take some profits and sell into strength. REMEMBER: TAKING PROFITS IS NEVER A BAD THING. Being greedy makes us hogs...and hogs get slaughtered.
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Registered User Joined: 2/19/2008 Posts: 193
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Tobydad You are watching too much Crammer!
I'm still not sure how to play these. Could you help out a little more I have so many questions.
Are you saying that you would enter all of these on Monday or the first day futures are up? Or is it a list to watch for the right buy signal? And if so what would that be--piercing through the LR30, sitting on it, a place where you could get a 1,2,3 stop loss in, the right candle? I notice most are under the LR30. Looking at the list I'm trying to figure your criteria. Could you help me see the similarities in these? How come YTEC and EBR are on the list especially?
Thanks for everything and God Bless you too.
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Registered User Joined: 10/7/2004 Posts: 2,181
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Jean; no idea to what you are referring re: Crammer(sic). I never watch any of those shows, haven't the time and they are not relevant to my trading. So, what are you talking about?
Now, you've asked about 5 questions. Tell me in simple terms that a guy like me can understand, what exactly do you want to know?
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Registered User Joined: 2/19/2008 Posts: 193
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Sorry, Crammer is always saying that quote about hogs.
My first question pertains to how and when to go in. Are you buying these as they are on the next trading day or are you looking for a particular buy signal, such as futures, candles, stop loss set up, relationship to LR30 before enterring?
My second question is what are you looking for when you select these stocks?
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Registered User Joined: 10/7/2004 Posts: 2,181
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Did you read the opening entry or just look at the list? Answered the "when" question there. I've answered the 2nd question in other posts. Sorry to sound curt, not my intent I hope you know. Just don't have time for repetition.
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Registered User Joined: 1/28/2005 Posts: 6,049
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AID ?????
Typo ?
Thanks
diceman
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Gold Customer
Joined: 4/10/2006 Posts: 954
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Probably ADI
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Gold Customer
Joined: 4/10/2006 Posts: 954
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Thanks for the list. TD.
I think your timing is pretty sharp...however I think we will get some pop up next week and a second test of the lows the following week. So I am thinking you you get taking profits quickly next week, I am probably going to set out the following week or two see if the volitility will drop down, too much whip lash for my longer term trading.
Some very strong stocks in the list.
I have been experimenting with a Stochastic on top of a Linear regression....Clear as MUD example below.
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Registered User Joined: 10/7/2004 Posts: 2,181
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Sorry, AID should be AIB. Thanks Diceman.
wwright; yes, I alluded to that point in the opening post. Short bounce, be watchful, take profits quickly, selling into strength.
Jean, I hope I didn't offend you, just getting to points as quickly as possible. Any more specific questions, i'm always glad to try to help.
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Registered User Joined: 2/19/2008 Posts: 193
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Yes I did read the beginning and yes 'when' is till a big question for me for each individual stock.
It did seem a little curt, but I understand that you have only so much time and must get tired of answering similar questions through the years. Thanks for checking in with me about it.
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Registered User Joined: 10/7/2004 Posts: 2,181
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OK, apparently I did not make it clear enough (I guess I was going off the fact that we've discussed this numerous times before) concerning entries. If you choose to utilize the entire list, tomorrow morning place a buy order .01 above Friday's high for each stock. If the high of Monday is lower than the high of Friday, then adjust the buy order accordingly or, so the buy order is, once again, .01 above the high of Monday and so on.
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Registered User Joined: 7/1/2008 Posts: 889
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Tobydad - thanks for the list, my man.
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Gold Customer
Joined: 4/10/2006 Posts: 954
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I am trying to understand the setup. In an effort to doso ran a scan to find 1) BB followed by a move across 30LR.
UHAL
EURX
GRMH
SKIL
DCTH
GXDX
ARYX
CSCO
ELNK
INET
ACTI
PMBC
NVMI
ADVS
OPTT
EPAX
ALNY
AMPL
ALAN
AMFI
ASFI
SCOR
CHBT
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Gold Customer
Joined: 4/10/2006 Posts: 954
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I percieve a great risk in this type of trade which is the underlying market....If it is bullish this is a good setup, but with a bearish back drop this will probably flatten out your recovery off the Bollinger band break.
Would you like to have other pre-existing conditions when persuing this setup?? hmmm.
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Registered User Joined: 2/21/2007 Posts: 797
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I think TD is a bottom feeder, with a tight stop to the downside. Apparently he's been doing this for a long time and has been quite successful. Picking stocks with plenty of potential move to the upside while protect yourself on the downside.
Reading another of his posts, he has a conditional order method in place to help protect him from making too many quick trades that make a sudden move to the upside then the trade may retreat which would knock him out of the trade thus increasing his trading expenses.
Should he post his methods, after many years of learning experiences, why should he? "you get to make money off my dime, I doubt it" Do you think that anyone took him by the hand and taught him? I doubt it.
I look at his picks and very few do I like, however, that is my perogative. Which may be a mistake on my part because he a much more experienced at this than I.
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Gold Customer
Joined: 4/10/2006 Posts: 954
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Are these in the Zone? Look like the same type of chart?
Symbol Name Exch Open High Low Close Volume
AMMD American Medical Systems Holdings, Inc. NASD 18.270 18.340 17.840 18.290 684307
APOG Apogee Enterprises, Inc. NASD 13.350 13.490 13.080 13.390 246369
ARTG Art Technology Group, Inc. NASD 3.780 3.970 3.720 3.920 17695864
ASYS Amtech Systems, Inc. NASD 10.360 10.540 9.850 10.440 198551
DEPO DepoMed, Inc. NASD 2.780 2.880 2.670 2.860 477819
EFIR EGPI Firecreek, Inc. NASD 0.033 0.034 0.033 0.034 164500
FORM FormFactor Inc. NASD 15.290 15.450 14.820 15.420 890937
GPRO Gen-Probe Inc. NASD 42.580 42.660 42.190 42.660 360742
INTU Intuit, Inc. NASD 29.380 29.700 29.030 29.440 4337088
ISRG Intuitive Surgical, Inc. NASD 321.750 326.450 315.520 325.410 772664
LBAS Location Based Technologies, Inc. NASD 0.310 0.330 0.290 0.325 73470
MU Micron Technology, Inc. NASD 8.626 8.710 8.270 8.700 36414108
ORCL Oracle Corp. NASD 23.350 23.670 23.070 23.550 45913203
PSUN Pacific Sunwear of California, Inc. NASD 3.560 3.740 3.410 3.580 988777
QQQQ PowerShares QQQ Trust NASD 42.750 43.020 42.120 42.980 213587034
RFMD RF Micro Devices, Inc. NASD 3.940 4.020 3.760 4.000 13768046
ROVI Rovi Corp. NASD 28.090 28.220 27.600 28.220 960012
SIMO Silicon Motion Technology Corp. ADS NASD 2.800 2.870 2.780 2.810 383620
TROW T. Rowe Price Associates, Inc. NASD 48.350 49.090 47.420 48.870 3487888
ULTI The Ultimate Software Group, Inc. NASD 28.600 28.700 27.760 28.680 245722
VRGY Verigy Ltd.
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Registered User Joined: 12/31/2005 Posts: 2,499
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wwrightjuly4,
A couple comments:
1. Post smaller screenshots, - less wide. For those of us using a laptop having to scroll to see the text
kind of trashes the interface. The big images force this.
2. if the "Are these in the Zone" post is yours, note you can cut and paste cells from Excel and have the
columns preserved.
As to you BB and Lr30, looking at the performance relative to the normalized LRS,
either Lrs30.value/Price.AvgC(30) or Lrs30.Value/Price.Close, might provide an additional qualifier.
Thus is the steeepr slopes might yield better or worse candidates. Something to loop at.
Also the candidates may be worth watching... Watching until what? The entry might be relative to support
or resistance, recent lowest low or highest high or.... pick your poison, thus providing another qualifier
worth testing.
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Gold Customer
Joined: 11/11/2006 Posts: 359
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JOHNIC: If I understand your post correctly, I feel compelled to respond in defense of Tobydad, allthough he does not need it.
Todydad has posted his method, in detail, several times over the years. I have a book of trading concepts I have printed off of these Forum Discussions and he is very prominently represented with many pages.
He posts his lists for all to see.
As I have mentioned in other posts, I do not follow Todydads teachings, but If you watchlist his lists and follow them with the Telechart Watchlist Tracking feature of the "Reports" tab, you will understand that he is one HELL of a stockpicker.
This is not the easiest concept to follow and he has interpretations that he may well not have outlined to the satisfaction of all, but he does post them. He has gouged this concept on his own from the same information we all have, but it is his. He has refined it for many years with trial and error. Lots of error.
But he shares his findings and his methods and asks nothing in return. Few do.
Thanks would be nice.
Thanks, Tobydad
Mammon
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Registered User Joined: 10/7/2004 Posts: 2,181
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Mammon, thanks for the kind remarks. I feel like I've died....:D OK, for those wanting to understand more, here are the stocks you would be in so far if your were following the program: KONG; IAG; MED; CDE; SIGA; PARD; QXM; BPSG; RINO; CRIC. All the others on the list, assuming they do not exceed yesterday's high, will get their respective buy orders adjusted after the close today to .01 above today's high (today being tomorrow's yesterday...or...something like that). Stops: KONG: 7.80; IAG: 12.99; MED: 16.19; CDE: 13.51; SIGA: 5.51; PARD: 1.51; QXM: 2.24; BPSG: 3.82 (this one is up for discussion); RINO: 18.27; CRIC: 7.87. God's blessings on all!
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Registered User Joined: 10/7/2004 Posts: 2,181
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Oh, and whoever posted that list above, "Are these in the zone?"....nice list!
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Registered User Joined: 3/21/2006 Posts: 4,308
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I agree with Mammon, Tobydads unique method of finding charts that are on the verge of
exploding is un matched on this forum. To the many maembers that want to look into his
methods one only need perform a search for "Tobydad Profile" and you will find your own
answers. I feel sorry for TB always having to repeat himself; not that he doesn't do so, but
before asking him to do so please do the search first.
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Registered User Joined: 1/28/2005 Posts: 6,049
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If folks had listened to my stuff about
"Indexing" and "Master Topics".
All tobydads stuff would be under one easy to find heading.
Oh well.
Thanks
diceman
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Registered User Joined: 10/7/2004 Posts: 2,181
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Diceman, maybe someday. That would, indeed, be one of the best upgrades this forum could get. The value would increase exponentially by that one move. Apsll, thanks to you as well for the kind words. Much appreciated. Now if Bernanke will just give me that phone call.
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Registered User Joined: 3/21/2006 Posts: 4,308
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BPSG did well today Tobydad.
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Registered User Joined: 10/7/2004 Posts: 2,181
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For those more risk averse, .01 above today's high would be a good entry for BPSG. Thanks Apsll.
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Registered User Joined: 2/21/2007 Posts: 797
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Mammon: evidently you DID NOT understand what i posted about TD.. How did you come to the conclusion that it was insulting?
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Registered User Joined: 10/7/2004 Posts: 2,181
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John;I saw no offense in your statements but figured I'd just muddy the waters to bring it up. I figured you'd speak up for yourself. Mammon was very kind to say nice things about me. I'm sure no one meant any offense to anyone else. Thanks.
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Registered User Joined: 2/21/2007 Posts: 797
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TD: I certainly would never say anything to offend you and or criticize you. What you bring to this forum is appreciated by everyone, well maybe almost everyone . For you to share your vast wealth of experience is certainly above and beyond.
I just don't know what mammon was interpreting in the post.
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Gold Customer
Joined: 11/11/2006 Posts: 359
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John: I did not feel your post was offensive or critical or insulting to TD. I saw it more of a "sin of omission"
due to the comment of "Should he post his methods after many years.............Why should he?" and the one about making money on his dime, I doubt it." lead me to believe you had a lower level familiarity with Tobydad than you may have, for he clearly does do these things.
Understand I may grumble and thump on someones behalf without attacking anyone in the process.
If my understanding of your post was incorrect, please forgive me. I have an imperfect understanding of many things and just wanted to highlight what I took to be an oversight, but certainly not an insult.
Mammon
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Registered User Joined: 10/4/2009 Posts: 66
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can you give more details on your scan? the scan i do catches the same stocks but there is abunch more that it catches (1100) that are not good trades. stochastics<20, 25ma moving down, $ below 10ma +?
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Registered User Joined: 10/4/2009 Posts: 66
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can you give more details on your scan? the scan i do catches the same stocks but there is abunch more that it catches (1100) that are not good trades. stochastics<20, 25ma moving down, $ below 10ma +?
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Registered User Joined: 3/21/2006 Posts: 4,308
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Hey Mammon, look at BGP on the "Trifecta" Template... Let me know what you think????
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Gold Customer
Joined: 11/11/2006 Posts: 359
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Hello Apsll:
Regarding the BGP equity, it has triggered a buy, but I worry about the lack of further up moves, in spite of the good volumes. A move above the $1.40 high would be great.
Is this about what you are thinking?
Mammon
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Registered User Joined: 2/21/2007 Posts: 797
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Mammon: just an electronic communication glitch.
Up moves certainly do look scarce.
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