Market Flogging

Trend trading in the stock market

Thursday, May 17, 2007

Timing is everything

I picked up PDS towards the end of the day yesterdsy, and right about at the lows. Now today it is up nicely this am. I don't often catch good timing like that, but I'll take them when they come. Of course, it means nothing at this point, but as of the close tomorrow it does. Tomorrow is moving day after all.

I also got KLAC stopped out. I haven't figured up the loss there, but it wasn't too bad. I'll try to get some charts up tonight or over the weekend.

Tuesday, May 15, 2007

Feast to famine

I woke up to a burning hot market and a portfolio even hotter. I had it up 1% at one point this morning. Then, it all went to poo. I wound up losing a smidge and the DJW5K lost a smidge more. I guess that's a win, but it doesn't feel quite right.

I didn't have enough dry powder for a full position today, so I didn't even look for opportunities. I'll see tomorrow if proceeds from my last sale have become available.

Monday, May 14, 2007

Down day all around

Still, I didn't get anything stopped out. I snagged some NUE towards the close.

Not much else. I got all my stops moved up over the weekend.

I added another cafepress business tonight. It's a giftshop with t-shirts, coffee mugs, bumper stickers, etc. It's fun designing these things and coming up with sayings, etc, but I'm not sure I'm good at it. Here it is: Giftomatica

Friday, May 11, 2007

Big reversal day

I ended up recovering nearly every dollar of yesterday's huge loss. I made 1.23% today. The DJW5K was up 0.98%, so I posted a 1/4% win on the day. Pretty good all around.

The big winner today was NVDA, up over 7% on a favorable earnings report/outlook.

I got busy working on my cafepress store and forgot to scan for a buying opportunity.

How come you haven't signed up for AGLOCO yet? If there was ever a no brainer, this is it.

Friday Morning Update

HIMX ended up continuing on down today, so it got stopped outat -2.24% over 16 days. And it was looking so good prior to earnings release. Oh well.

As bad as yesterday was, today so far is almost as good. If this holds, I'll have made up most of my losses from yesterday. Except now I jinxed it. crap.

Thursday, May 10, 2007

Ack! Hock - ptuey

That was one ugly day! The DJW5K and S&P500 both lost 1.40%. I whooped up on them both, losing only 1.38%. Woot! Strangely enough, I didn't lose any positions. I came pretty close with HIMX dumping around 5% after copping to a bad quarter. I guess.

I found some shiny bits in the rubble and picked up a load of MU. Nice tight stop under 3%, which is required especially here since it really hasn't formed much of an uptrend quite yet. It has formed a butt, though.






So why did I buy MU here? Well, for starters, it recently broke a big ugly downtrend. It has put in a higher high and a higher low since breaking out. Finally, notice the huge red volume bars in early April. Those would be blow-off type volume bars. The last of the sellers have exited and we can now enjoy a nice, orderly ride to the moon. Enjoy!

Wednesday, May 09, 2007

NUAN and my watch list

I was running late this morning, but took half a second to check out the ol' watch list. I found NUAN making a reversal off of what I hoped was support at 15 which is roughly the hard trend line. I placed my order an dit has continued up a bit from there. It is a very good buy right now. Stop is below 15.

Others on my watch list in various states of interest:
PIR
BAM
COG
AEP
FARO
DECK
ELN
CPWR
MU
PDS
NUE
SNDA

Tuesday, May 08, 2007

plugging away

I feel like I'm just plugging away here, nice and easy like. I managed to eak out a little gain today while the market stubbed its toe a bit. I did lose one - IVAN bit the dust for a 3%ish loss. I couldn't find anything to buy.

Monday, May 07, 2007

The story on AH, and AGLOCO

Turns out AH is being acquired for $88/share. That explains things over the past few days. The news was released this morning. I punted my shares at $87.35. A nifty little 21.53% earned over 6 days. Not too terribly bad for a week:) Timed that one well. Once an acquisition is reported, seems to me the upside is limited. However, if the deal falls apart, well, I won't be around to see that!

Two new additions: FLR on Friday and SVVS today.

In completely unrelated, but very cool news, I signed up with AGLOCO today. Remember AllAdvantage from about ten years ago? That's the group that distributed the downloaded advertisement viewbar that you'd download to the bottom of your computer screen. You'd then get paid simply for surfing the 'net. Better yet, you'd also get paid for four levels of referrals. So, if somebody signs up under you, you get paid for their surfing. If somebody signs up under them, you get paid for their surfing as well. And so on. Strangely enough, it worked! I actually got paid for surfing the net and referring others to the viewbar.

Well, AllAdvantage is back under the AGLOCO name. It's basically the same exact thing, only instead of earning cash right away, you earn stock in the company when you or your referrals surf. Then, once the company becomes cash flow positive, they'll start distributing the cash to their stockholders. They folded the tent last time I think because they owed members more money than they took in. The stock method should keep them in the game indefinitely.

Don't miss out on AGLOCO. It is super simple and a no-brainer. Once you sign up, you'll be given a unique identifier you can use to refer others up under you. If you find you don't like it for whatever reason down the road, just delete the viewbar and you're done with it.

The view bar isn't out quite yet, but the release is coming soon. Get signed up and build your network of referrals now and they'll contact you via email when they're ready to go. The site (with my referral code of course:) is here: AGLOCO

Friday, May 04, 2007

What's up with AH?

Yesterday, AH raced up 9%. This morning it is up another 6%. No news. Hmmmmmm....

Picked up ABT and QCOM yesterday.