Archive for March 28th, 2006

3-28-2006 Daily Stock Pick Results

Well glad I ended up posting these afterall today.

IO was the big winner with some beautiful relative strength. The DTs were mediocre again today. I re-entered SHLD around the 2:00 breakdown and was able to catch a little piece of that and I exited AEM at 10:00 near the low of the morning since it was extended at a reversal time & prior area of hourly supply. I re-entered this as well at the noon hourly breakdown and had a second very nice followthrough.

Overall, I was very pleased with the way I traded today given that it was an FOMC day and those are typically trickier than normal.

3-28-2006 Daily Stock Picks

Ticker Stop Target Fade / Breakaway L/S Open On Open
AEM DT-S
BNI DT-L
INFA DT-L
KOPN DT-L
SHLD DT-S
KWK 37.59 41.49 Breakaway L 38.81
MAS 31.94 33.29 Breakaway L 32.41
RF 36.06 35.26 Breakaway S 35.68
CCJ 35.31 32.71 Breakaway S 34.44
IO 8.93 9.94 Breakaway L 9.38
CNET 14.06 13.31 Breakaway S 13.73
RIMM 85.41 80.01 Breakaway S 83.39
WIRE 32.61 29.11 Breakaway S 31.09
ISIL 28.26 27.11 Breakaway S 27.74
NVAX 7.86 6.76 Breakaway S 7.39
EK 29.63 28.01 Breakaway S 28.98
MIK 38.16 37.11 Breakaway S 37.69
TRLG 19.21 18.01 Breakaway S 18.68
AGN 113.91 108.51 Breakaway S 111.44

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

 

I debated whether or not to publish these picks today since the FOMC announcement this afternoon will make the markets less predictable than normal so I will probably be trading very lightly until then. But on the other hand, this blog is for educational purposes so I’m going to publish them & see what happens. But be careful today.

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