Kevin_in_GA 4,599 posts msg #79459 - Ignore Kevin_in_GA |
9/17/2009 9:15:09 AM
Kevin,
what is the final design of your filter,
can you share your filter?
Thanks, Willie
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It is fully described in the first post on this thread (which I update daily with the most recent buy and sell signals).
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Kevin_in_GA 4,599 posts msg #79461 - Ignore Kevin_in_GA modified |
9/17/2009 9:27:34 AM
Will wait to see how OTEX moves before selling today (but I will sell today). No premarket data, so I'll set a limit order based on 1% above where it opens and see how that plays out.
Premarket data just came on line - up +$0.05.
Opens -$0.07 lower. So much for premarket determining the trend.
9:33 AM: now down -$0.91. Damn! Will give it a little time to rebound.
10:21 AM: SOLD all shares at $38.13 for a net profit of +7.71%
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Kevin_in_GA 4,599 posts msg #79473 - Ignore Kevin_in_GA |
9/17/2009 10:38:36 AM
STEC has already popped up on the BUY screen. Down 13+% this morning on no real news - not sure why, but I'll be watching this throughout the day to see if there is any clear reason for the sudden drop in price. Also will look to see if there is a rebound off the low or if it closes at the bottom of the candle.
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RickB 14 posts msg #79477 - Ignore RickB |
9/17/2009 11:12:33 AM
TNDM also pops up on mine --is yours the same?
Do you normally wait till end of day to buy?
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Kevin_in_GA 4,599 posts msg #79479 - Ignore Kevin_in_GA modified |
9/17/2009 11:16:58 AM
TNDM was taken out of IBD3 a few days ago (I posted this on 9/15) because it had slipped below 85 rating. However, keep an eye on it - it is a historically good stock that has potential.
I'll track this one as well. I will also run a daily screen without the watchlist restriction, just to see what else might have potential.
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Kevin_in_GA 4,599 posts msg #79496 - Ignore Kevin_in_GA |
9/17/2009 12:44:39 PM
STEC still down about 12.5% today, well below the lower BB.
This stock currently rated as 99 on IBD - can't get a higher rating. I just wish I knew why it dropped today.
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gabestogie 79 posts msg #79497 - Ignore gabestogie |
9/17/2009 12:53:29 PM
Kevin:
The only thing I come up with is that perhaps there has been a large block of insider selling again and it has not been released publicly yet. Also concerns about competition caused wedbush to cut it's target to $39.00. Going to buy a few if it hits $33. again,Your thouhts?
Gabe
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gabestogie 79 posts msg #79498 - Ignore gabestogie |
9/17/2009 12:58:25 PM
Kevin:
It appears to me that since early 09 the MOSHAYEDI family sold in the area of 12,million shares every so often when the STEC would make a new high causing it to pull back.
Gabe
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Kevin_in_GA 4,599 posts msg #79499 - Ignore Kevin_in_GA |
9/17/2009 1:08:42 PM
Kevin:
The only thing I come up with is that perhaps there has been a large block of insider selling again and it has not been released publicly yet. Also concerns about competition caused wedbush to cut it's target to $39.00. Going to buy a few if it hits $33. again,Your thouhts?
Gabe
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Start loading up - it is currently at 32.77.
I will wait until the end of the day, at the earliest. I'm concerned that the market is rolling over, and that today or tomorrow is the end of the bull run for a while.
If so, I will modify the current screen to include a confirmation signal - something like close is above close 1 day ago. That way, if it continues to drop, I just wait to enter at a lower price.
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RickB 14 posts msg #79501 - Ignore RickB |
9/17/2009 1:23:25 PM
The PE on this is pretty high
not that that means to much but it is very high
also volume is high
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