Archive for October, 2007
By Brett Goldstein on Oct 11, 2007
I meant to post this last night and I wish I did. I loaded up on shorts for AAPL, ICE and DRYS last night and planned to add to my shorts if the markets gaped up. I did exactly that and nearly had a heart attack when the makert went +100. I took that opp to sell my solar stocks that I bought yesterday and my TBSI , BCSI. I actually did pick up 3 stocks. VLO, AEM, and GIGM. I came back from class and saw the market was down over 100. What a day. I covered my ICE short and went long but am holding my AAPL and DRYS shorts and I am looking for more downside in the week to come. If anyone has any crazy day trading stories today please share. Today was a crazy day
By Brett Goldstein on Oct 10, 2007

Looking good. I like the runaway gap in the end of August and I like the breakout today. I bought some and looking to add more. Lets keep an eye on it. I love the chart.
By Brett Goldstein on Oct 10, 2007

I have been waiting a while for GROW to make a move and today it looks like it may be the start of one. I loaded up once it broke the resistance around 20ish. The stock is still in the downtrend but I have a good feeling about this. I am looking forward to buying more once it pushes towards 23.
By Steve Abraham on Oct 08, 2007
Who? What? No Google or Apple this time. I’m throwing a curve ball and looking at a chart from a company called Badger Meter. I honestly just came across this company/chart as I was browsing my lists. Its an interesting chart though. Looks like the stock has formed a base and is ready to move upward. Earnings are on October 16. Keep it on the radar.

By Steve Abraham on Oct 08, 2007
CMG has been in a steady uptrend for the last six months. The stock brokeout in May on huge volume and has not looked back. Chipotle Mexican Grill, Inc. engages in the development and operation of fast-casual, Mexican food restaurants in the United States. As of December 31, 2006, it operated 581 restaurants, including 8 franchise restaurants. Chipotle Mexican Grill, Inc. was formerly a subsidiary of McDonald’s Corp. The company was founded in 1993 and is based in Denver, Colorado ( yahoofinance). Earnings are increasing better than 85% on a year over year basis. I would wait for a little consolidation before jumping in, but it looks like CMG is a stock to keep an eye on for awhile.

By Steve Abraham on Oct 08, 2007
YUM brands brokeout today on big volume 10M vs 2M average. I think YUM provides a good alternative to more speculative tech names. It’s a steady grower for a conservative investors. Yum said it plans up to $4 billion in share repurchases in the next two years. The company predicted that 2007 will be the sixth straight year of exceeding its target of at least 10 percent annual earnings per share growth ( from Yahoo Finance). This stock is worth watching and maybe a good stock to balance an aggressive portfolio.

By Brett Goldstein on Oct 08, 2007
You can probably get away with short OMTR here at $35.70 for a swing trade. I sold my position here expecting a correction in the coming week where I can re pick it up.
By Brett Goldstein on Oct 07, 2007
Congratulations everyone for a great month. Money seemed to come very easy. I would like everyone who reads this to post a comment explaining or just telling us you best investment statagies. The one that I found out works for me the best are finding charts with up trends that seem to be stable, dump money into them and hold. I also like to find stocks that tend to trade within their BB. The strategies that didn’t work to well was when I tried to day trade. It seemed to be more then just a gamble when I tried not to mention the stress. I guess I do not know how to day trade yet. Also I used to sell stocks after a moderate move just happy to take a small profit while missing the bigger move to come. I now hold stocks alot longer then I used to and it has been more profitable.
Now lets share what works best, and maybe some people can adopt your method or trading and making there trading days more profitable.
By Brett Goldstein on Oct 03, 2007
Well I was in school all day today and noticed that some stocks got slammed. NTRI, LDK, and TSL. Might be a good time to pick up some solar stocks. I also have been watching RMH. They pay .12 cents a share every month and the stock is only 8$ and change. If anyone has any input about this stock please share.
PAST CHARTS
It has been a good month for the stocks that have been posted.
SPWR -UP $25!!! Followed the trading rage perfectly
ICE - Never lost faith, up over $20 since the chart
ZNH - down 10$ in 2 days since the chart was posted noting the blow off top. Not sure how much further if so it will go down.
DWSN - I really wish it would come down to 70$ so I can pick more up
SCHN- Waiting for a new high to be made or a 70$ print line to buy more
RIMM - Earnings are tomorrow. Would just be a plain gamble to call this one. But got 5$ out of this one from 100
CSUN - Wish I got you guys in sooner
OMTR -Just going crazy. Waiting for a pull back to buy more. There should be one hopefully.
AEM -Poised to go higher. I am seeing $60 in the next couple months
GIGM- Waiting for it to make me rich
TPX - poised to go higher
By Brett Goldstein on Oct 01, 2007

I really wish I found out about these stocks back in January. Well usually what seems to high goes higher and what seems to expensive is usually too cheap. The surge of volume with the all time high looks like a blow off top to me. I am neither going to go long or short at the moment, but I would lean to the short side if forced to pick one. Keep this on your watch list, if it starts to make a new high in a few months from now then jump on in.