Monthly Archives: August 2007

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Candidates for 08/31/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070830 CLWR 21.08 -1 1228472.29 1, 2
20070830 WPI 29.53 28.67705 1184022.25 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/30/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070829 CLWR 21.44 -1 1238254.97 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/29/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070828 CLWR 21.79 -1 1238792.32 1
20070828 FIF 29.5 28.092505 273227.57 1, 2, 4
20070828 MEDX 16.58 14.2257775 2788717.65 1
20070828 PDGI 27.55 26.17425 285744.96 1
20070828 TRAK 37.42 32.28655 281761.99 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/28/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070827 FTEK 27.53 27.130376 700960.88 1, 2

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/27/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070824 NSH 32.96 -1 316264.98 1
20070824 RDK 33.11 29.65575 254236.12 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/24/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070823 RHT 19.24 -1 2257624.46 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/23/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070822 BPUR .7303 0.6537325 598110.88 1, 2, 3, 4
20070822 RHT 19.56 -1 2256126.46 1, 2
20070822 SRS 96.75 -1 304142 1, 4

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

Candidates for 08/22/2007

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20070821 BPUR .7988 0.654231 580083.52 1, 2, 3, 4
20070821 NATI 30.85 29.3802 395875.07 1
20070821 RHT 19.81 -1 2295752.46 1
20070821 TWC 33 -1 1439249.5 1
20070821 WPI 29.76 28.51115 1182081.25 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!

My Journal

In response to a post from Craig at swing-trade-stocks.com, yes I try to keep a journal. Or should I say I keep all the information that should belong in a journal. But I have yet to find the perfect solution to all my needs. Here is an overview of my needs:

  1. Keep watch-lists, with charts and comments on titles I’m currently tracking;
  2. Prepare my trades by helping me price the triggers, set the stops and size the trades;
  3. Keep a list of my trades, entries, exits, ratings and comments;
  4. Save research information which could be anything, from a URL, to a PDF, a chart snapshot with comments, etc;
  5. Prepare Blog posts, with information from any of the above items.

For the first item, I use QuoteTracker at the moment and I am actually pretty happy with this. I had to tone down my expenses in the past months so I pretty much defaulted back to this but it has served me very well. I have used stockcharts.com and Worden’s TeleChart and I do miss some of the features. But when I replaced the scan feature of TeleChart with a homegrown solution, I could not justify the expense anymore. I do miss the way TeleChart allows you to comment on each chart every day, but for now, I am dropping text boxes on my QuoteTracker charts but it is NOT as convenient. I am still researching a better plan for this. Here’s a chart with a comment:

For (2) and (3), as silly as it sounds, I use an Excel spreadsheet. First thing I did was to integrate real data in the sheet using DDE and the API from one of my providers. A lot of brokers like IB allow you to access their data from an Excel spreadsheet easily. This allows me to quickly make calculations based on the current price, the bid/ask or the last closing price. Each row is a trade or the preparation of a trade. Aside from the symbol and the real-time price, I keep information like trigger price, size, stop and target, risk, date in and out, and price in and out, PnL and R for the trade, etc.

The items (4) and (5) have always been my weakest part. I tried various things from notes in Word, to comments directly on my Excel spreadsheet. The only thing unstructured enough was paper but that was time consuming and required printing material from the computer. I finally decided to give MS OneNote a try and so far I am happy with the results. I have big overall sections which allow me to store information on whatever I want:

Trading is the top level and I throw under there whatever I need. Under symbols is sub-sections:

That allows me to store anything I want and keep it related to a particular symbol. I can store an email, a PDF, a screen capture, a chart, a URL, anything.

And the really nice feature is that with Office and OneNote 2007, I can use their ‘Blog this’ feature and quickly post any page from my OneNote Notebook to my blog. I am still playing with this feature and tweaking it to something I like which is why my posts look ‘wrong’ these days.