Charts, TA and etc.,

[ScovilleUnits]

Happy New Year SBC!!!

Wishing you and all of yours a Happy, Healthy, and overall Wonderfully Successful 2011 on every level!



Scov.

[sbc357]

BNX .. __ .. __

[sbc357]

SNSS: .. __

[sbc357]

FCEL

[sbc357]

ENER .. --

[sbc357]

COCO .. --

[sbc357]

HNSN

[sbc357]

CRIS
__ .. __

[sbc357]

BGP

____ .. _____

[sbc357]

RODM

____ .. _____

[sbc357]

LOCM

[sbc357]

DGIT ____ .. ___ ..

[sbc357]

CHP ___ ____ .

[sbc357]

RPRX __ ___ ____

[sbc357]

What I have found is that something will work for a while and in a certain market atmosphere/environment, (like pinchers will work for a few months, or buying microcaps, will work for a while, or buying when you see a divergence in the MACD, etc) but then, fairly quickly it will just not seem to work anymore. You have to be willing to reevaluate CONSTANTLY and change very quickly your approach as to when to buy or sell. Lately, in this very scared market environment, you often have to be ready to change your approach within 48 hours. They will set the market up to move one way, but within 24 hours they figure they had it all wrong and it rapidly goes inthe other direction. Be very nimble and protect your capital always. No perfect indicator set up works for more than a few weeks or months.

Always stay very attuned to what is happening with the company you are trying to trade. Like right now I know SSN is getting ready to receive a huge some of money for a sell of land that was delayed until Sept.. Great time to buy SSN, but I watch EVERY MORNING for an indication that something might mess up the deal for a while longer, or a problem might develop with a well. I am very ready to sell should a problem cause another big dip in price because it has alreay had a very nice run up. If everything continues in line with their plans though, this could continue a nice stairstepping rise for quite some time. I'm enjoying the ride while it is moving up :>).

[jimmy1000]

Thank you so much. I got your message. Haven't let me down once yet. I appreciate everything so much. Words can't express it. I've been looking at charts day in day out and my heads about to explode. Wonder if there's a holy grail to stock trading. So far i can't find it, but looking a these charts seems like there is for some reason.

[sbc357]

Two others I have been trading with small money are PRWT and PEIX.

Careful with SHIP! - broke support, but it is holding there nicely; thus, so far, it is NOT a solid breakdown of support. Let's see what it does over the next week? News out of Europe over the austerity measures in Greece being too cumbersome may cause this to go down to new lows, but maybe not. If not, be ready for a nice rebound to $1.18 or $1.25.

However, I am also cautious that they may do some financing and dilute with more shares sometime in the next year, because they just increased authorized shares by more than triple the old count. I despise dilution and financing, but their business plan lately has been to grow by acquiring more ships to bring down their debt to asset value of the presently-owned ships.

[sbc357]

Just to let any watchers here know, I am presently closely watching the charts and news of SSN, BANR, ACLS and SHIP; and trading them when I THINK I see a bullish chart pattern (I do not short stocks, yet). Have made a bit off all of them in the last 6 months. If you play with bigger money, STEC has also been a VERY nice payer. What has worked so far is to buy 1,000 shares around $10.50, and wait for it to run back up to $16, sell and wait for $10.50 again.
Thinking about watching COCO after it has been killed so badly, not sure what to make of these for-profit colleges yet. I think something is likely to get worked out with the government within the lext month and we might get a very nice move back to within 20% of previous price ranges.
YRCW is one I CAREFULLY play for a quick scalp when I see it get some stabilization like earlier today at around .225. If it goes down to .19, I'm gonna grab 10,000 shares and leave it for long-term (6 months or so) IF I do not have all my capital tied up in other stocks at the time.

[sbc357]

Scov, Thank you so much. That is Great, and now I have it right here in the message board to refer to, don't have to go looking for my old notes. I hope this helps Jimmy a lot.

You are one sharp dude, and do your homework quite well! I'm glad you took what I had to show you back then, and ran with the ball to the point that you are obviously helping others with it now.

I just wish I could get my kids to be so attentive, LOL.
So far, over the past few years, they have made those straight A's, but my youngest likes to pull the last A out by the skin of her teeth. She does this EVERY semester, it seems - drives me insane watching her mess it up, just to bring it up to within a couple tenths of a percentage point on the last test or grade, COL (Crying out loud).
Why do they enjoy torturing their parents so much??????

[ScovilleUnits]

Hey SBC!

Sounds like you still have a lot on your plate? My best wishes are with you!

Regarding the recent question regarding different timeline increments in the charts I was hoping to be able to help somewhat with your notes… :o). Stuff I largely learned as a result of the notes that you showed me several years ago.

It’s the first alpha character in this section …. dhclyiay.

within the …. stockcharts.com/c-sc/sc?chart="STOCK SYMBOL",uu[e,a]dhclyiay[db][pb5!b10!….etc.

M = Month
W = Week
D = Day

From there it continues to break down per the next letter but not as easily interpreted in that the letters become more randomly related to the timeline involved. After "D" for Day it's E, F, G, etc. etc.

E = Hourly
F = 30-Seconds
G = 15-Seconds
H = 10-Seconds
I = 5-Seconds
J = 1-Seconds

Hope the Kids all make straight “A’s” this Fall 2010 ... :o).

Respects,
Scov

(and your ref to Ken is Right-On!)

[sbc357]

VRML _______ .. _______

[sbc357]

Jimmy, sorry for taking soooo long to reply. I have been gone a while getting things ready for kids' start of school. The market has been sooo horrible that I have not done a lot here the last two weeks.

As to your question. Way back two years ago when I was setting up these charts, I could have told you how to set them up for different time frames, but I cannot even figure out how to do this myself. It can be done, but I do not know how anymore. I took a lot of notes on it back then when I was sorking on my charts and it will take me a while before I will get a chance to figure out where those notes have been packed away. SORRY.

Another option is Ken Goodrich might be able to give you some idea of how to do this. He was the one who taught me, but it involves doing a lot of reading through the stuff he has available. He has so much good stuff to study, but it does take a WHOLE lot of time figuring it all out.
Ken is the BEST - wonderful guy!

[jimmy1000]

Hey sbc357. Is there a way to change your charts to look at 1-5 days, 1-60 minutes. I want to see how the indicators in those timeframes match up with the bigger ones. Thank you.

[sbc357]

PEIX: ____ ____

[sbc357]

BANR _____ _______

[jimmy1000]

Hey Thanks. Haven't had the time to reply. But thank you so much for everything. Puts a smile on my face to know there's people like yourself on this planet. Very rare. Owe ya a whole bunch. Thanks one last time for taking your time. Back to studying charts ;)

[sbc357]

Jimmy,
Did you get my PM?

[sbc357]

CCME

[jimmy1000]

hey there again sbc357. I was wondering if you use and filters to get your plays. If so how would i go about that and what is your success rate with investing all these years. I'm learning a lot and following the graphs you post.

[sbc357]

ADLR _________________

[sbc357]

ADG

[sbc357]

Never!!!!
I only use Mental Stop Losses. I NEVER put them in to execute automatically - I have had my money stolen from me wayyy too many times years ago - Learned my lesson. They will lower the price and trigger your stop only to steal your shares. Then they will rocket the price back up immediately, so that you will have to pay much more to get your shares back if you decide you want them back.

[jimmy1000]

Thank You so much for sharing. That was the best help replies i ever got. I got one last question. Do you use stop limits, if so what is the success rate of it executing where you need it to. I'm afraid it'll jack my money on those drop and rebound where i'm last to execute. Thanks again so much.

[sbc357]

Hey Jimmy
First I look at which way the stock is trending, up or down. Then I look at where it closes with respect to its 5 and 10 day MA and how far above or below the 100 and 200 day MA it is. Then I look at where the price is sitting with respect to the Bollinger bands and the 20 day MA, and whether or not the Bollies are pinching together at all or not.

Then I look at the RSI(14) on a daily chart. If it is below 30 it tells me one thing, between 30 and 50 - another thing; between 50 and 70 - another, and if above 70, I know it is a good stock at the time, but that it MIGHT be played out, and I have to be very nimble and ready to sell if I decide to jump in at that risky point.

I also watch the MACD(12,26,9) on the daily chart to see how it has been trening with respect to price. Also the Slow Stochastic(14,7) hoping to see it oversold (below 20), and starting to turn up and getting ready to cross up above 20- That's a buy signal.

Basically, I look at all the indicators you see on my charts together. But when looking to get in, my focus is mostly on my second chart - it has the indicators I look at for cautionary info and for buy indicators. The first chart I look at to comfirm a few things and for certain patterns. The bottom chart, I do not use much until I am in a stock and I really pay attention to the moving averages on that one, and the Aroon(22). Actually, I'll peek at the Aroon(22) before jumping in to just get a good feel for the overall strength or weakness of the stock. If the down(red)is dominant over the up(green), I prepare myself for a quick exit (so I am extra cautious about the entry), because if I don't get out quick enough, I may just end up stuck in a downtrending stock for an extremely longgggg time.

[jimmy1000]

hey there sbc357. I'm learning to read charts. What would be the most important thing to look at before jumping into a trend and avoid the most risk. I'm studying your charts and need your help. Thanks in advance.

[sbc357]

Actually, the reason I have not been posting the last few days is the electrical blasts have blown out something in my computer network at home. Not sure if it is the modem, router or my ethernet card. Have spent three days on the phone with the different companies trying to diagnose what is wrong. The router people decided it was the router, but now the modem people have decided it is the modem. It is the strangest thing: everybody says that have not run into this problem before.
My computer says that I have a cable unplugged if I hook directly to the modem, but not if I hook to the router from the the modem, but it still will not load web pages. Then, if I use the same set-up, same cable, etc.,my laptop will hook up directly to the modem and let me get online, but won't go online through the modem via ethernet or wireless.
Anyway, these stupid storms cause such a hassle and expense - I begin to hate spring and fall, LOL
The big thing is I have to count my blessings. This is a VERY small problem compared to people who get their house blown away. So, I'm happy. I still have my house and cars, LOL.

[ScovilleUnits]

Hurricane within 10-miles is like 10-yards

given the multi-State Tornado Storm Damage at that time.

Loss of electricity!

Hope you didn’t have a lot of wonderful stuff in the refridge and freezer go bad in the duration.

Most certainly glad to know that you and yours were not personally damaged by the Tornado!

My Respects and Best Wishes to All!

FOOTPRINTS

Scov

[sbc357]

Came within 10 miles of our house, but we were OK. Thanks for asking.

Now, last night, straight winds (around 80mph) did a lot of damage in areas in our town and in the Tulsa area. We were without power for quite a while, but thankfully, no damage to our neighborhood. My neighbor is still stuck in traffic trying to get to work in Tulsa because that whole area has no power.
Fun time, the spring is around here, LOL.
Might still have more to come tonight and tomorrow.

[ScovilleUnits]

SBC…hope you weren’t effected by the tornado storms in OK yesterday afternoon?

[sbc357]

CYCC:

[sbc357]

CYTR:

[sbc357]

CLDX:

[sbc357]

CYTX:

[sbc357]

TIV:

[sbc357]

NEXM:

[sbc357]

AMFI:

[sbc357]

GY:

[sbc357]

ANCI:

[sbc357]

CRMH

__________________________________________________________________________________________

[sbc357]

PRWT

__________________________________________________________________________________________