5 replies to this topic

[diogenes227]

Forgot to post the swing stocks for this swing, which began with the market upswing Wednesday, 10/18. Nasqaq was up 28 points. Pretty blatant. Don't like that -- I prefer a swing start that sneaks up on you and leaves room to run before it gets overbought. Oh, well... Added a few new stocks to the basket's usual big swingers, AAPL, BIDU, RIMM, LVS, etc. The Nasdaq Comp barely moved today -- 6.64 pts, .24 percent. How'd the Lucky 13 swing stocks do? POINT AND PERCENTAGE GAINS: SPWR 6.68 10.70% DRYS 3.72 4.28% RIMM 3.15 3.45% PCLN 2.17 3.05% BIDU 4.9 2.26% GRMN 1.8 1.89% AAPL 1.25 1.46% FSLR 1.76 3.04% PCU 1.18 2.11% FWLT 0.46 0.43% ITRI -1.19 -0.95% LVS -3.52 -1.50% POT 1.65 2.24% Up 24 points, 2.5 percent. Given that it's October, and the rally from August is in its 10th week without a pullback, and the fact that both the Nasdaq and NYSE McClellan Summation Indices have turned negative, these gains may not hold. (It wouldn't surpise me if GOOG lifts the market and the opening tick Friday is the top tick of the day, or GOOG tanks the market and opening tick is the top tick of the day.) I will be observing strict intraday sell signals to limit risk or better yet, let profits run. Good trading to everyone.

[diogenes227]

Dumped all these stocks on the first 30-minute bar. What do you know the opening Naz Comp tick is the top tick? Not so lucky with this immediate market enviroment. Make the trade, play defense. If the market recovers, might roll back in. Lost approximately 8 pts, .40 percent off yesterday's gain.

[Rogerdodger]

Lost approximately 8 pts, .40 percent off yesterday's gain.

But how much did save by selling Friday morning?

[diogenes227]

Lost approximately 8 pts, .40 percent off yesterday's gain.

But how much did save by selling Friday morning?

These stocks as a basket finished down nearly 58 points, 3.3 percent, for the day Friday, wiping out all profits from the day before inflicting a loss by the end of the day. So by being ready to jump out early (down 8 points), saved a lot (2.9 percent or so).

As I said above, make the trade, play defense. When the Summation indices are negative, a long trade is always against trend. It can be successful, but without the market on your side, one has to be nimble.

Best to be short or in cash during these times.

Good trading to everyone.

[diogenes227]

AAPL GRMN PCLN SPWR BIDU DRYS FSLR FWLT ITRI LVS PCU POT RIMM Rolled back into these swing stocks again on the market upturn Monday.

[diogenes227]

AAPL
GRMN
PCLN
SPWR
BIDU
DRYS
FSLR
FWLT
ITRI
LVS
PCU
POT
RIMM

Rolled back into these swing stocks again on the market upturn Monday.

Sold these stocks again near the close on the Nasdaq Comp's down day.

Net was about 91 points (mostly yesterday) on the two-day trade, 5.1 percent or so.

Now in cash. May need to revise the list for the next up swing.