No position, no shares of TMA available to borrow just in case this morning because I didn't get up early enough. Watched the action today from the sidelines at my other job and fought the resistance to trade. Patience and discipline, discipline and patience.
TMA - Still keeping an eye on this one until it runs out of steam. It was a beast, as much as over 24%, closing out green at "only" 19.07%. Up 57.06% since Friday.
NYNY - Closed the day green at 9.52% with four straight days of green. Keeping a close watch on this one until it runs out of momentum.
JAG - Ahh it's first day closing red at -13.15%. Should have some more downside early tomorrow.
TOMO - Closed red at -6.26%. What a nice stock pattern...Three consecutive green days up at 49.1%, then red today!
CYTK - Huge morning spike, that eventually closed red at -5.33% after three consecutive green days.
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2 comments:
Yep, patience and disclipine is the key in this field. :)
So what do you use to screen your stocks? Also, have you looked at DAL and NWA? Up 100% in last 8 days, closing higher and higher each and every day.
Ramtajogi...I use the TOS platform to screen my possible plays as well as Etrade's daily highs list. Also Yahoo has a great %gainers list and I also use Google Finance as a reference. On a good night, i can go through quite a number of charts in looking for possible plays. As far as DAL and NWA, I try to stay away from those huge companies because they involve tons of variables.
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