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Re: None

Sunday, 09/07/2008 10:58:14 PM

Sunday, September 07, 2008 10:58:14 PM

Post# of 137480
OT: For the week of 9/8-9/12-- working a daily TA set-up in addition to good intraday TA (with Masters Option) coming out of Friday:

Using Traders Cove's criteria ( #board-12095 ): minimum 100k average daily volume and $20k average daily money-flow. I also like to see a fundamental/market driver so I'll point to it here (if I see it) as well as the resistance.

The goal is a 10% gainer minimum (looking for a short 1-3 session trade), but I'll ride it longer or cut it shorter as the TA develops. I have a tendency to not set a stop until over the ~7% threshold & tighten it when it eclipses 10%.

--for institutional accumulation I use www.mffais.com
--for support/resistance I use www.stockta.com
--for insider buys I use www.secform4.com

CRMT = institution buy/news play, 0.28% to resistance & 3.48% from support; DRL= mutual funds buy, 14.61% to resistance & 2.27% from support; HOKU= sector play/mutual fund & instituion buy/news play, 5.54% to resistance & 6.49% from support; SHFL= 3Q earnings call on 9/9/mutual funds buy, 2.72% to resistance & 0.72% from support; SIRF= insider, mutual funds & institution buys/news (rumor) play, 16.73% to resistance & 13.23% from support; UFI= mutual fund/instituion buy, 3.10% to resistance & 3.10% from support






How many legs does a dog have if you call the tail a leg? Four; calling a tail a leg doesn't make it a leg.
Abraham Lincoln


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