I Twat I Taw a Puddy Tat: PGDCEB report.
New gappers since last report: EGHT 26-31, HYBR 29-49, PHL 26-32, IOM
31-31, DIGL 82-56, VESC 44-62, ADCT 31-39 . The first number indicates the opening or intraday gap, the second the close to close percent loss for the day. DIGL entered the cathouse with such force that roof repairs may be in order.
Add these to the existing list of: VSNT 39-45, SPLH 39-43, LCRY 30-36,
ACEC 37-35, VDNX 35-29, IQST 43-30, EFII, KLIC, VVUS, DANKY, ORCL,
MMGC, NRGN, NRL, DAVE, SLAM, PLXS, APOG, DEPO, XION, AGP, SGI, OXHP,
ACTM, TSEMF, TRKN, CKSG, MEGO, OCAD, QUAL, BMC, ALTS,
AMLN, TEAL, LIPO, CMCI, XION, RMDY, TLDCF, RAIN, MCRE, HCIA, PTB,
GMTC, NANX, ADPT, MDYN, LCCI, BCGI.
Remember that the cathouse has more than one door, and many times
the cats choose to leave by one other than the PGDCEB. With our
growing list of candidates however, we should be able to catch our
share of those that do choose the preferred exit.
Previously traded symbols: DAVE was left hanging after the last
report,but only by trading method #2. Patience paid off in this
case as it jumped up to 9 on the 21st like a cat on a hot tin roof.
Ivan's signal volume exit gave a wonderful warning to sell this
stock Friday.
New signals: Friday was a signal day for RAIN and BMC. AMLN joined
the ranks today. AMLN was a tough entry unless one was monitoring
early in the day when it first met the volume requirement. Just
before the close which is the usual entry time it was up to 4 7/8 on
the ask, from the day low of 4 1/4. 4 1/2 would have been an
excellent and realistic entry for the diligent.
Currently traded post signal cats: I am currently tracking two
trading methods. 1: Doug's accelerating trendline method best
described in post # 10411. 2: My own intraday trendline and
horizontal support method. (Both must be broken to trigger an exit.)
Doug's method is easy to apply and track. These
are the two methods I feel can be relatively objectively followed.
Following are my best estimates of the results trading the current
signals using these two methods in a strict fashion.
DAVE: Probable entry at 6 7/8
1) Exit 1/16 at 7 1/16
2) Exit today 1/26 at 8 1/8, unfortunately after a 1/2 point morning
gap down.
RAIN, BMC, and AMLN are in the early post signal wait and see stage.
Stay tuned for new signal opportunities and new cats dropping down
the chimney .
Esteban |
