2008 January 25–thetechnicaltrader.net

thetechnicaltrader.net

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Small Cap stocks Portfolio Manager
Symbol
L/S
Entry Date
Entry
Last
G\L Today
Total G\L
????
L
2008-05-23
2.81
2.89
2.1%
2.85%
????
L
2008-06-13
3.62
4.55
3.81%
25.69%
????
L
2008-06-27
4.63
4.67
10.54%
0.86%
????
L
2008-06-30
4.69
4.25
5.35%
9.38%
????
S
2008-06-27
7.89
7.06
0.84%
10.52%
????
S
2008-06-27
9
7.89
3.31%
12.33%
Initial Capital = $50000 /10% equity per trade
Total Portfolio Performance:
536.42 %
TTT.net Benchmark Performance
Index
Start Date
Start Value
% change
Current Value
Nasdaq
2006-03-30
2340.82
4.08%
2245.38
DJIA
2006-03-30
11150.7
1.24%
11288.54
S&P500
2006-03-30
1300.25
2.87%
1262.90
TTT.net
2006-03-30
50000
536.42%
318210
S&P 08'
2008-01-01
1467.97
13.97%
1262.90
Last 5 Closed Trades
Symbol
L/S
Entry Date
Exit Date
Bought
Sold
Gain/Loss
TGC
L
2008-06-16
2008-06-25
1.41
2.28
61.7%
SPNG.OB
L
2008-06-05
2008-06-25
0.05
0.05
0%
AEHR
L
2008-06-03
2008-06-25
9.5
9.62
1.26%
CPTC.OB
L
2008-05-23
2008-06-25
1.08
1
7.41%
NNVC.OB
L
2008-06-16
2008-06-24
1.44
1.34
6.94%
All closed Trades
Last: 11288.54 Change: +73.03
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Untitled Document
Recent Posts on the Message Boards
[Penny Stock Picking] Re: FEEC by waxweazle July 03, 2008, 03:57:59 AM
[Penny Stock Picking] Re: FEEC by waxweazle July 01, 2008, 04:23:29 AM
[Penny Stock Picking] Re: FEEC by waxweazle June 30, 2008, 04:34:34 AM
January 25th, 2008

Day Trading Wrap Up - Coin, BPFH

Todays Day Trading Wrap: currently i’m trading $10k lots/ trade.

RAMR - trade was not triggered.

COIN - price action gapped up this morning back to descending resistance. I faded the gap and entered at 10.80 on the breakdown. Fading the Gap is a really popular and effective day trading strategy in which to trade morning gaps. Using an interval of your choice price usually consolidates for a short period of time before breaking to the up or down side. I covered this position 9.70

BPFH - This trade worked out exactly like planned. I shorted at the opening and price has retraced over 5% throughout the session and found support near the 13ema. In at 23.50, out at 21.86

January 25th, 2008

DROOY is Cheap, But is Gold at the Top of its Game?

DROOY made a solid 17% rally today on increased volume breaking out from an ascending wedge pattern placing this stock on the map for technical analysis breakout buyers. With a forward earnings estimates of .51 and the Gold industry trading at an average earnings multiple of 42.28x earnings, this sets DROOY with an attractive fair value share price among its peers around double from its current pps 11.35 at (42.28 x .51 = 21.56). Although with Gold contracts looking extremely over extended its a tough decision to buy as gold is gonna hit a top sooner or later and endure a correction, which will have an impact on gold stocks, likely similar to the solar correction we are currently witnessing. No plan for buying at the moment but this stock looks bullish and fundamentals are in our favor. Lets feel this one out a little bit longer.

drooy2.png

January 25th, 2008

Technical Analysis Day Trading Opportunities: RAMR, BPFH, COIN

RAMR Looks like a good set up here and being that it is only a $2 stock it has the ability to move in large percentage swings. Breakout over $2/share and this should move fairly strong on the long side.

ramr1.png

Looking at BPFH price has made a significant rally back up to its resistance level which will be putting a lot of selling pressure on this stock. I want to go short on this stock tomorrow as we should be able to take out a 5-10% gain on the short side.

bpfh1.png

COIN is another shorting opportunity that i had alerted before that turned out to be a great short. Price looks like its time to hop in a short term trade on the bear side as price formed a bearish shooting star candle off of descending resistance indicating that price should move down towards support around $9. I intend to hop in short here tomorrow.

coin

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