Liam, Mr. Signalwatch (free stuff) at signalwatch.com
His daily market analysis seems to always have at least SOMETHING that comes out right, although he does talk from both sides all the time (g). Actually, when he leans one way, or another, chances are that'll happen.
I had the premium service for a while in March in which he provides 10 long and 10 short candidate charts, each market day. Most of the picks were kind of boring (paper, aluminum, etc.) with comments like "Short at a trigger of 53 for a target of 50, stop at 55". ASKJ was an exception. It plunged about 8 points that day before recovering 5. Didn't get the "uptick" early that I needed and missed it. Ultimately, it ran over the stop level to around 120 before going into death spiral following the famous Barrons article. Another exception was a long pick of BRCM at 130, target 170. Made some money on that one... Maybe I should re-enlist (g).
Micro stocks- You might check out the recent releases from ESEX on the OTC-BB, one I picked up from a microcap expert, Gary Grobbel. I should mention, there is very little volume in OTC-BB's during the summer, so the recent runup from 1.5 to 2.25 may be manipulated a bit. Gary doesn't "bring with him" the volume that the P&Ders do, so things can stagnate awhile (POCI was dead meat at 7/8 last year). Microcaps tend to pick up steam in the Fall and be "in play" from September to February, January being their best time). I try to limit these sort of plays, but a few selective shots sometimes pay off. |
