Stock Results: 3/5/07
The markets have not settled down, but nonetheless stocks on the watch list held green: POTP 2.5% GST 10% BVSN 5.21% CYRO 9.09% SGXP 5.44% METH 4.47% RGBL 10.37% to name a few.
Of course, closing green doesn't tell the entire story of the trading day. The stocks on the watch list are very volatile and can be up 10 - 15 - 20% or more during the course of the trading day. It's tough sometimes to keep in mind what your trading goals are as a swing or day trader...i.e. to average 10% every transaction. In a market like this, it's even more important to be a disciplined trader. I'll continue to watch the stocks on the list this week looking for positive entry signals bearing in mind the overall market sentiment.
2 comments:
2 stocks I really liked from Friday's action were CRYO and METH.
Not a good market day Friday,yet CRYO was rolling on the HOD list all day making new 52's and closed thew day right at it's HOD.
In Monday's trading it was actually up 55% at one point!
Friday METH traded wildly running to a HOD and new 52 of 13.43 before coming back down some.
Two 1 million share days in a row now for this one,first time it's hit that mark on a 1 year chart.
Hey Muddy!
Amazing trading range on CRYO! I put CRYO & METH on watch after they came up with the sq/vol/breakout filter on Friday.
Breakouts I'm watching today: BDSIW CSLMF ARXX DRAX URRE SMXMF GAP OSTE EMKR
Jan
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