Greg's Scratch Board (GREGSB)

[Gregory_]

Have a feeling gold will continue to jump around. Therefore, I plan to continue playing it probably for several months. I'll return to harami crosses afterward. Will likely be a while.

[Gregory_]

Needless to say, I haven't been playing harami crosses. I put all my money in gold about a week ago. After I feel gold tops out, I'll definitely be looking for some harami crosses. Probably will be at least a month.

Reference: http://investorshub.advfn.com/boards/read_msg.asp?message_id=28190733&txt2find=gld+

[Gregory_]

Been a while... hope to get back in the game next week. Playing those other stocks isn't as good a strategy as the harami crosses.

[Gregory_]

I'm playing a few random stocks for now. Hopefully, I will post a few picks after I finish with them (<1 week).

[Gregory_]

Been gearing up for an overseas business trip... therefore, I haven't had much time to devote to this. I hope to be back from my trip and trading again on 2/25. I will likely be unable to follow the market while in Europe.

[Gregory_]

SRSR - Not bad sideways trading action. It could have been easy to make a small percentage off of this. Despite that, let's call it a break-even since this may have been difficult to get out of with a decent profit.

[Gregory_]

CRGO - If you were unfortunate enough to jump into this one, a sale would have been justified afterward because trades occurred below the close of the prior long real body. This one traded above the close of the prior long real body 1 day after the call. Therefore, an exit at break-even should have been relatively easy.

Another break-even... hmmm... getting many of these lately... not sure why.

[Gregory_]

CRGO

NICE long-legged doji in the harami cross.

[Gregory_]

SRSR

SRSR lookin' good again.

[Gregory_]

CENC. The sideways action 1-2 days after the call would definitely have justified a sell. If it trades sideways for 2-3 days, the stock reversal seems to be unlikely. Will watch for more of this pattern. Also, note that the stock closed below the prior long real body's close. When this happens, the stock seems highly likely to continue downward.

[Gregory_]

Been working to finish up a project for an overseas trip. Will likely post a few picks tonight.

[Gregory_]

SRSR, +35% and more on Friday. Maybe, it is best to hold onto the break-evens for a few days just in case? Will consider this in the future.

[Gregory_]

WNRC - Opened below the prior long body's close. Definitely stay away from this one.

[Gregory_]

IFSG - Opened below the prior long body's close. Therefore, it is typically best to avoid this one altogether based upon past experience.

[Gregory_]

CENC

50 MA also above the 200 here. Long-legged doji in the middle of the prior, long real body. There is also a VERY long-legged doji directly before the harami cross. MACD near 0.

[Gregory_]

IFSG

Unsure about this one. Dragonfly dojis all over the place. Therefore, this harami cross could be very iffy. Nice that the 50 MA is above the 200. That's a good sign.

[Gregory_]

WNRC

This is my favorite for tomorrow. Death cross occurred many sessions back, MACD is close to 0, and decent volume on this one. A dragonfly doji is at the base of the harami cross's prior, long real body.

[Gregory_]

BTIM, remember, if it trades below the close of the prior, long real body, it will like continue to trade lower. Avoid these and always be prepared to exit a stock quickly. Low volume, almost 99% of which was at 0.27, the close. The volume appears to be drying up. If this happens, this stock will likely continue downward.

[Gregory_]

TNOG, this one traded low all day and barely jumped up to +40%, only briefly. I would avoid this one. If you're in it, I'd get out ASAP. The gravestone doji is a bad sign. Since this one would have been fairly easy to avoid, I'll not mark this one on the board as another break-even.

[Gregory_]

Quick Notes for Reflection

In this specific formation, it seems there may be a correlation between pps movement and the relationship between the 10 and 50 MA. If a death cross forms (PHUN and SRSR), the stock does not seem to increase incredibly high. If a death cross recently formed (3-5 sessions ago), this does not mean anything. Stocks can still break-out if there is decent space between the 10 and 50 MA. If a golden cross forms (lower MA crossing a higher MA on positive movement), the stock seems to have a high chance of breaking out (APDN). Will continue to consider these possibilities and post further as I am convinced.

MACD seems to bear no difference on potential break-outs. Stocks have broke-out with a very negative MACD. Despite this, if the MACD is positive or close to the center line, the stock seems to break-out more often. At this time, not very convinced this is a reliable indicator.

[Gregory_]

TNOG

Wild drops on this one. There may still be too much downward pressure at this stage. Watch the open.

[Gregory_]

BTIM

This one seems a little erratic, but there were not many picks tonight. Let's give it a shot...

[Gregory_]

SRSR - Hrm... another break-even. If the stock trades sideways, there is high risk remaining in it. Therefore, might as well try to cover trading costs as best possible or at least get back your principal.

[Gregory_]

JUNI - This one doesn't seem to be going anywhere. It's just trading sideways. This one is a break-even as well since, in the past 2 sessions, the price has consistently traded within .007-.009.

[Gregory_]

LNGT, Break-even as well. You could have actually made 5-10% or more if you played your cards right.

[Gregory_]

AVTI, we'll call that a break-even since it traded around 0.0025 for the past few sessions.

[Gregory_]

PHUN - Opened below the doji's close. Therefore, you should expect this one to continue lower based on the rules posted previously.

[Gregory_]

JUNI - correction. 50 MA above 10 MA. Been like this for a few sessions though... reversal is possible.

[Gregory_]

SRSR

Good looking doji right in the middle of the prior, long real body. Last time I posted a stock with the doji in the middle, the stock didn't fare so well, if I recall correctly. Death cross formed as 50 MA passed through the 10 MA. This is typically a bad sign. Look for resistance at 0.009.

[Gregory_]

PHUN

This is my favorite of the three I'm posting tonight. Don't get me wrong, this could tank from here. The 10 day and 50 day MA are equal. If the 10 day MA carries below the 50 day tomorrow, a death cross will form (typically bad). If the death cross forms, look for resistance at 0.21.

I also like the ticker (snicker). Does bother me slightly that the doji closed on the long, prior real body's close, but we've seen this before with nice reversals. Dragonfly doji seems to indicate an upward push. Hasn't been to the low of yesterday since early January.

[Gregory_]

JUNI

10 MA above 50 MA. Somewhat of a long-legged doji. Gap at 0.001 to 0.0011 is filled but not broken. Might be wary of this resistance level. ~$10K in volume.

[Gregory_]

APDN, +16% today. Would have been relatively easy to buy-in at 0.125 since over 25K shares were let go at that level. The stock continued to rise from there and closed at +16% from 0.125. Nice gap-up. Should trade higher tomorrow. RSI heading into momentum zone.

[Gregory_]

AVTI, aye caramba! Major drop today. Held fairly well at 0.003 in the morning. My suggestion is to get out of this one ASAP. 0.0025 is the call on the buy. Let's hope we can get out tomorrow. That fake harami cross is tricky. From now on, it would be prudent to double-check the after-hours trades for any tricks.

[Gregory_]

TDCP +16.66% on Friday from 0.24 call.

[Gregory_]

PIED, +26% on Friday from 0.23 call earlier in the week.

[Gregory_]

AVAL just trading sideways. We'll call this one a break-even.

[Gregory_]

PAVCE, +250% from the call, up huge on Friday. WOW!

[Gregory_]

LNGT - Notice the after-hours trade of 20K at 0.07. I'm still not ready to give up on this one. Although, my recommendation would be to try and get a break-even on this one. Doesn't seem to be able to beat through 0.07.

[Gregory_]

APDN

Only decent harami cross I could find for tomorrow. This one is iffy, but with over $10K in volume on Friday who knows what could happen.

[Gregory_]

AVTI +20%, but someone seemed to paint the close at 0.003 with only 5,000 shares ($15). There was a large after-hours sale on the 24th that dropped the price down to 0.0019. Unfortunately, this was not reflected in the chart. Therefore, the harami cross was invalid. Despite that, it would have been easy to buy in at 0.0025 on Friday. Let's see where this one goes next week.

[Gregory_]

AVTI

Hmmm... I wouldn't really say the prior long real body is unusually long. However, I like the dragonfly doji with the harami cross. ~$13K in volume. Interested to see what happens with this one tomorrow.

[Gregory_]

TDCP +8.33%, Picking up shares at 0.24 should not have been a problem with almost 9,000 shares sold there. Right now, that would put you up 8.33%. This one is still on watch. Could continue upward after the nice 2 cent stretch on the open/close.

[Gregory_]

PIED +13-16.95%. Someone painted the close at 0.27 with 300 shares. Therefore, the realistic range is between 0.23 and 0.269. A buy at 0.23 could have occurred throughout the day since over 40,000 shares were sold there (~10 AM). It would have been easy to sell at 0.26-0.269 with ~40,000 shares let go in that range (~noon). This would have provided a 13-16.95% gain.

[Gregory_]

AVAL, a dead-even gain/loss right now. Be careful with this one. Hard to tell what this will do from here. I've seen stocks jump and tank in similar situations. Relatively low volume today (~$3,000). Not much buying pressure.

[Gregory_]

LNGT - +4.48% yesterday from 0.067 buy two days ago. Might be best to sell and just cover the trade costs depending on the open tomorrow. +9.5% could quickly turn into 0% or less.

[Gregory_]

PAVCE +14.29%, even higher yesterday.

[Gregory_]

TDCP

This one is my favorite of the three posted tonight. I love the LONG lower shadow on the dragonfly doji. The strong volume looks good as well. Definite downtrend on 10 and 50 MA. Therefore, the harami cross seems to be in full effect. MACD only slightly negative (seems to be a decent sign), and the RSI is on it's way up. Very anxious to see how this one does.