2006 March 16 | WilyTrader.com – Stock Picks

Archive for March 16th, 2006

3-16-2006 Daily Stock Pick Results

March 16th, 2006

Jason

Ouch, another rough day for me. Lost another R-Unit & only had 1 bright spot MYOG which I am carrying over as a swing trade as I’m not convinced its done moving.

The sad thing is that I can’t really see much that I would have done differently… BZH was not that great of a fade candidate on second thought since yesterday’s bar was not a WRB, it would have been much more suited to playing a breakdown below that low…other than that, I’m just gonna have to suck this one up & go on tomorrow.

Posted in Results, Uncategorized

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3-16-2006 Daily Stock Picks

March 16th, 2006

Jason

Ticker	Stop	Target	Fade / Breakaway	L/S	Open	On Open

BKHM	8.51	7.76	Breakaway	S	8.19
BZH	67.62	62.56	Fade	S	66.14	65.10
ELN	14.73	15.74	Breakaway	L	15.19
LVS	50.09	53.94	Breakaway	L	51.46
MYOG	37.21	33.06	Breakaway	S	36.24
OCR	58.71	56.11	Breakaway	S	57.94
RSAS	17.96	16.76	Breakaway	S	17.47
MDCO	20.54	22.89	Breakaway	L	21.26
FAST	44.94	47.94	Breakaway	L	46.11
BUD	43.66	42.71	Breakaway	S	43.19
LM	128.26	123.51	Breakaway	S	126.19
FLIR	27.28	28.99	Breakaway	L	28.13
FCEL	10.27	10.98	Breakaway	L	10.61
UVV	35.98	37.48	Fade	L	36.65	36.73
FIC	36.98	40.99	Breakaway	L	39.31
CCI	29.91	28.51	Breakaway	S	29.24

For instructions on precisely how to trade using these picks, please CLICK HERE and read the section entitled “White Regions”

*** A Note for Today & from this point forward, “On Open” plays are now to be played via a 5 min breakaway or reversal with a stop over the 30 minute high or the high of Pre-Market trading (whichever is higher)…

The new notation for these plays will be that instead of posting “On Open” in the column, I will post the price at which the On Open strategy will become void. So if there is a price in the “On Open” column then the play will be to enter in said direction via a 5-minute bar reversal or breakaway as long as that price is not beyond the price in the “On Open” column. The price in the “Open” column is the price at which the stock was trading pre-market when the call was made.