Market Preparation for SP-500 Dec. 17, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.




Breakouts: UTSI, ANDS, XTXI, HOV, SRZ, FSII, BEE, NSU, FIG, TSYS, ENT, MTSN, EGHT, KAZ,
Previous Potential Breakouts (Looking back 5 days):

Breakdowns: ARRY, GSX, SOL?, XRA?
Previous Potential Breakdowns (Looking back 5 days):

R2G Picks: FBP, YRCW,
Previous Potential Dips (Looking back 5 days):

G2R Picks: DPTR, BZH, ANDS
Previous Potential Dips (Looking back 5 days):

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 16, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.
Previous shorts SNSS, CYCC, and NEP could continue down.




Breakouts: AEZ, TTM, GMXR, VISN, NEP, CENX, STLD, LZB, CBS, CAR, PIR, TIE, CROX, GLS, HTZ, YSI, FRE, FSII, (Set Order just above High resistance) AEN, BEE, ZSTN, XTEX, PQ, AMFI, KRG, RXII, TER, KNDI, CYTR, DRWI, PUDA, DTG, SYNM, PSUN,

Breakdowns: AOI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

8%: PAP, AXU, ACAD, BZH, OSUR, ARNA, XRA,
ADR: CLWT, CYTR,
BB Drop: ARRY,
Others: AEZ

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 15, 2009:

Possible Scenario: Neutral Channel a break above the channel would lead higher otherwise staying in the channel.
Best plays again are short SNSS, NEP, CYCC on gap down.




Breakouts: AEZ, TTM, GMXR, VISN, NEP, CENX, STLD, LZB, CBS, CAR, PIR, TIE, CROX, GLS, HTZ, YSI, FRE, FSII, (Set Order just above High resistance) AEN, BEE, ZSTN, XTEX, PQ, AMFI, KRG, RXII, TER, KNDI, CYTR, DRWI, PUDA, DTG, SYNM, PSUN,

Breakdowns: AOI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Good Luck,

Tyler

NOTES TO SELF

1. There are setups every day
2. Watch Twitter intraday for Breakouts from reliable inputs.
3. Triangle Breakouts on above the trendline + vol.
4. Daytrading breakouts on 0.01 above the day high + vol.
5. Swing decisions only on EOD data.
6. On entries confirm by submitting to others for charting.
7. Don't by at open without a limit order
8. Cut bad trades as soon as they move against you.
9. Exit day trades on huge volume spike @ doji except when goes parabolic IE SNSS then exit @ low of previous bar on 5 min.
10. Even on fades in vol better to exit/take profits and find another play IE CENX to SNSS.
11. Look to enter positions based upon pre market volume if they are up on the breakout plays, used for narrowing results. This does not apply to AMEX as NEP gapped up and ran on a breakout and had no morning volume. Still set limit at just above previous day's high.
12. Look for red to green on High Day Rangers or green to red for short. SNSS Excellent example went green on the open and 30-40 min later went red to green for a follow through in a parabolic top.
13. Scans I like the most:

• 8% gainers, cherry pick adr 30 look for pre market vol and slight gap up or red to green and at resistance
  
• 15% gainers over 2 days (short) look for green to red NLST great example
• Red outside upper bollingerband look for gap down next day on premarket vol.
• Standard breakout scan w/ premarket vol.
  
• High ADR general scan (supplemental)

14. On breakouts I am only looking at 2 days (1 day of breakout and 1 day of follow through) if its not up big after 2 days I am exiting @ open because then it wasn't a breakout. And there are plenty of other opportunities.
15. Breakouts are also best from a really consolidated base NLST, SNSS, GGR etc. bounce plays are much harder to pick because dont know if continuation will occur.
16. Bounce plays cause short covering rallies and only if it breaks the trendline/reaches capitualtion.

Market Preparation for SP-500 Dec. 14, 2009:

Possible Scenario: Neutral Channel
The most awesome plays for tomorrow are short... unless SNSS, CYCC, and NEP keep running seems counter intuitive to me.



Breakouts: AEZ, TTM, SCSS, GMXR, VISN, NEP, CENX, CRNT, STLD, JTX, LZB, UFI, OPD, CBS, ID, SANM, PSS, RIGL, CAR, PIR, (Set Order just above High resistance) EVC, TIE, XJT, CROX, GLS, HTZ, YSI, MTG, QUIK, LCC, LIZ, FRE, AMR, BEAT, MNI, CYCC, FSII, SBSA,

Breakdowns: RJI, AOI, GSI, NEP
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, GGR

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 11, 2009:

Possible Scenario: Neutral Channel



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: AEZ, TTM, SCSS, HOGS, GMXR, VISN, MNI, NEP, CENX, CRNT, STLD, JTX, GSI, AMSC (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): LZB, TSYS, UFI, OPD, CBS, ID, SANM, PSS, RIGL, CAR, PIR, LXRX,

Breakdowns: RJI, AOI
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, , GGR

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 10, 2009:

Possible Scenario: Neutral Channel expect flat or gap up to stay in the upper neutral channel a gap down below the channel would lead lower. Mostly confusing read the tape. Now even more confusing. Huge indecision at this stage of the market combined with lack of volume its choppy out there.

Updates will be based upon weekly predictions with this week scoring a 1 out of 5 as today was the same as 2 days ago really confusing with gap down = down farther and I didn't predict anything of value except I "should have taken profits" shoulda, woulda, coulda.

My expectations for the SP-500 are based upon the current up movement in a neutral range.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: LVLT, CENX, MRVL, CRNT, STLD, JTX, GSI, AFFX, AMSC (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): LZB, TSYS, UFI, OPD, CBS, ID, SQNM, SCS, SNV, RMIX, BKCC, SANM, PSS, RIGL, CAR, PIR, LXRX,

Breakdowns: RJI, AOI
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, , GGR

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 9, 2009:

Possible Scenario: Ascending Channel expect flat or gap up to stay in the channel a gap down below the channel would lead lower. Mostly confusing read the tape. Now even more confusing. Lets look at why this is so confusing. Weekly chart of S&P 500 still in play notice the intersection of the up channel with the down channel from 08. Rounding of the top and huge indecision at this stage of the market combined with lack of volume its choppy out there.

Updates will be based upon weekly predictions with this week scoring a 1 out of 5 as today was really confusing with gap down = down farther and I didn't predict anything of value except I "should have taken profits" shoulda, woulda, coulda.

My expectations for the SP-500 are based upon the current up movement in a neutral range.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: LZB, TSYS, UFI, OPD, CBS, VISN, TRID, ID, SQNM, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): SCS, RDN, SNV, RMIX, LSCC, BKCC, ASGN, SANM, GGWPQ, AHT, CRUS, FLOW, PSS, INFN, RIGL, CAR, PIR, ALD, LXRX, HOKU

Breakdowns:
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, AOI, GGR

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 8, 2009:

Possible Scenario: Ascending Channel expect flat or gap up to stay in the channel a gap down below the channel would lead lower. Mostly confusing read the tape. Now even more confusing. Lets look at why this is so confusing. Weekly chart of S&P 500 still in play notice the intersection of the up channel with the down channel from 08. Rounding of the top and huge indecision at this stage of the market combined with lack of volume its choppy out there.

Updates will be based upon weekly predictions with this week scoring a 0.5 out of 5 as today was really confusing with flat = doji and I didn't predict anything of value.

My expectations for the SP-500 are based upon the current up movement inside the channel.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: SCS, RDN, SNV, RMIX, LSCC, BKCC, ARGN, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): AXTI, ASGN, EGOV, SANM, GGWPQ, OCLS, AHT, CRUS, FLOW, PSS, INFN, RIGL, KERX, CAR, AAU, PIR, ALD (I), LXRX (I), GRT (I), QCC (I)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT, REX,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: GGR, AXU, MTG

Narrowing Picks: MIC, NFP, QCC, ARM, PEI, VSH, FLEX, ODP, OWW, KFN, AOI,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 7, 2009:

Possible Scenario: Decending Channel expect flat or gap down to stay in the channel a gap up would lead to new highs. Mostly confusing read the tape. Now even more confusing. Lets look at why this is so confusing. The following is a weekly chart of S&P 500 notice the intersection of the up channel with the down channel from 08. Rounding of the top and huge indecision at this stage of the market combined with lack of volume its choppy out there.




Updates will be based upon weekly predictions with this week scoring a 4.5 out of 5 as today was really confusing with gap up run then crash crash crash followed by dead cat bounce and recovery.

My expectations for the SP-500 are based upon the current down movement inside the channel.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: AXTI, ASGN, EGOV, SANM, GGWPQ, OCLS, AHT, CRUS, FLOW, PSS (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): INFN, RIGL, KERX, CAR, AAU, PIR, ALD (I), LXRX (I), GRT (I), QCC (I)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT, REX,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: GGR, AXU, MTG

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

More Notes to Self

NOTE TO SELF:
1. How Important is Winning to You?
2. Are you going to stick to your game plan?
3. Are your entry and exit strategies clearly defined and followed?
4. Are you doing your due diligence and staying in front of the screen?
5. When the Market is Choppy/Neutral are you taking your profits earlier & in smaller pieces?
6. Daytrade exit with Market Orders unless you are setting your profit target (2% choppy 10% breakout)
7. You have to know coming into a trade if you are in Daytrading rules or Swing Trading Rules.
8. And if Swing trading don't react to emotion!!! Stick to the Rules! (Case in Point PSS Entry @ 22.09 excellent entry yesterday looking for a decent breakout gain and freaked out and sold @ 22.10 for breakeven.)
9. The speed of the tape tells you which direction the market is moving especially later in the day.
10. Only go Long if the Market is in your favor.

Market Preparation for SP-500 Dec. 4, 2009:

Possible Scenario: Decending Channel expect flat or gap down to stay in the channel a gap up would lead to new highs. Mostly confusing read the tape. Now even more confusing. Except I cannot find any breakouts almost everything was red today.

Updates will be based upon weekly predictions with this week scoring a 3.5 out of 5 as flat hugged the channel and then tanked it did drop but it was mostly confusing as mentioned above.

My expectations for the SP-500 are based upon the current down movement inside the channel.



Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: INFN, GSI, RIGL, KERX, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): CAR, AAU, PIR, ALD (I), LXRX (I), GRT (I), QCC (I)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT, REX,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: GGR, AXU, MTG

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

NOTES TO SELF

NOTES TO SELF:

1. If You Get Nervous Get Out! Only Want Clean Breakaways!
2. No way to read tape early in morning only charts and have xls with price points for quick entry to observe which watch lists have entries.
3. For 8% gainers the watch is the 1st point higher than yesterday's high
4. Organize the Lists into sections (Breakouts, 8%, Twitters, Bollinger etc.)
5. 5 Min Mountain Volume if near high Vol with Doji --> GTFO for day trading.
6. Always use limit orders! unless Vol is huge.

Market Preparation for SP-500 Dec. 3, 2009:

NOTE TO SELF: If a Stock Breaks Out and Closes below Previous Resistance this is not nearly as strong as if it closes ABOVE Previous Resistance. (See NSU Today Perfect Example)

Possible Scenario: Decending Channel expect flat or gap down to stay in the channel a gap up would lead to new highs. Mostly confusing read the tape.

Updates will be based upon weekly predictions with this week scoring a 2.5 out of 5 as flat hugged the channel I would have expected it to drop (tomorrow?).

My expectations for the SP-500 are based upon the current down movement inside the channel.




Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: NBIX, CAR, PIR, NXTM, LIWA, KERX, NG, AXU, AAU, NAK, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): ALD (I), LXRX (I), GRT (I), SWHC (I), BQI (I), ATSI (I), DSCM, QCC (I), INCY (BO)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT, REX,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: GGR, AXU, MTG

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 2, 2009:

NOTE TO SELF: If a Stock Breaks Out and Closes below Previous Resistance this is not nearly as strong as if it closes ABOVE Previous Resistance.

Possible Scenario: Decending Channel expect flat or gap down to stay in the channel a gap up would lead to new highs.

Updates will be based upon weekly predictions with this week scoring a 2 out of 5 as gap up then hit the upper trend line.

My expectations for the SP-500 are based upon the current down movement inside the channel.




Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: ISPH (I), NSU (I), ALD (I), LXRX (I), LTXC (I), MGHC (I), GRT (I), EGHT (I), SNTS (I), SYMX (I), HEAT (I), TSTC (I), SWHC (I) (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): BQI (I), CNTF(I), ATSI(I), WATG(I), PWER(I), ZIOP, DSCM, QCC(I), CDZI(BO), INCY(BO)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: CTHR, LEE, MNI, NCT, MPG, KBX,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

Market Preparation for SP-500 Dec. 1, 2009:

Possible Scenario: Decending Channel expect flat or gap up to hit upper channel gap down = downward movement outside of the channel.

Updates will be based upon weekly predictions with this week scoring a 1 out of 5 as consolidation = doji.

My expectations for the SP-500 are based upon the current down movement inside the channel.




Setting up new scan parameters as the last set of scans were not following through and I am really just interested in finding quality plays.

Breakouts: BQI (I), CNTF(I), ATSI(I), WATG(I), PWER(I) (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): ZIOP, DSCM, QCC(I), CDZI(BO), INCY(BO)

Breakdowns:
Previous Potential Breakdowns: PMI, MNI

Dip Picks: SRZ, NABI, CRNT,
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: CTHR, LEE, MNI, NCT, MPG, KBX,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 30, 2009:

Possible Scenario: Decending Channel expect more consolidation within the channel

Updates will be based upon weekly predictions with this week scoring a 0 out of 5 as the week ended up a wash for confirmation.

My expectations for the SP-500 are based upon the current down movement inside the channel.



Setting up new scan parameters as the last set of scans were not following through:

Breakouts: EXXI(I), ACG(I), NAP, ZIOP, PLG, DSCM, QCC(I), CDZI(BO), INCY(BO) (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days):

Breakdowns: PMI, MNI
Previous Potential Breakdowns:

Dip Picks:
Previous Potential Dips (Looking back 5 days):

Rip Picks:
Previous Potential Dips (Looking back 5 days):

RFR Picks: NLST, AMLM, PCBC, SPEX, FTBKD,
PMI, MNI, SCSS, HPJ, KBX

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Stay in the channel?

Good Luck,

Tyler

RAW Breakout Filter SF

/*RAW Breakout Filter*/
set{hw60,count(weekly high below weekly CWMA(PP,60,1),1)}
set{lw60,count(weekly low above weekly CWMA(PP,60,1),1)}
set{hw30,count(weekly high below weekly CWMA(PP,30,1),1)}
set{lw30,count(weekly low above weekly CWMA(PP,30,1),1)}
set{hw20,count(weekly high below weekly CWMA(PP,20,1),1)}
set{lw20,count(weekly low above weekly CWMA(PP,20,1),1)}
set{hw12,count(weekly high below weekly CWMA(PP,12,1),1)}
set{lw12,count(weekly low above weekly CWMA(PP,12,1),1)}
set{hw10,count(weekly high below weekly CWMA(PP,10,1),1)}
set{lw10,count(weekly low above weekly CWMA(PP,10,1),1)}
set{hw6,count(weekly high below weekly CWMA(PP,6,1),1)}
set{lw6,count(weekly low above weekly CWMA(PP,6,1),1)}
set{hw4,count(weekly high below weekly CWMA(PP,4,1),1)}
set{lw4,count(weekly low above weekly CWMA(PP,4,1),1)}
hw60 equals 0 and lw60 equals 0 and
hw30 equals 0 and lw30 equals 0 and
hw20 equals 0 and lw20 equals 0 and
hw12 equals 0 and lw12 equals 0 and
hw10 equals 0 and lw10 equals 0 and
hw6 equals 0 and lw6 equals 0 and
hw4 equals 0 and lw4 equals 0 and
Not OTCBB and volume above 250000 and
average volume(20) above 250000 and
add column weekly high {W high} and
add column weekly low {W low} and
add column weekly CWMA(PP,30,1) {cwma30} and
add column weekly CWMA(PP,13,1) {cwma13}
and draw Bollinger Bands(20)
show stocks where market is not ETF
and Average Volume(50) is above 150000
and close is between 0.5 and 12
and Not OTCB

Range Contraction Filter ALF44

/* Range Contraction/Expansion Scan Filter for counting Doji's followed by a Breakout */
/* Doji (H/L Rng above .20 w/Candle Body less than 30% of H/L Rng) */
/* Vary the % below to determine the volatility of the Breakout */

Close > 2.9% above Close 10 day High 1 day ago

set{HiLoRng, High - Low}
set{ClOpRng, abs(Close minus Open)}
set{ClOp_HiLo_ratio, ClOpRng / HiLoRng}
set{Range, count(HiLoRng is above .20, 1)}
set{Body, count(ClOp_HiLo_ratio is less than .30, 1)}
set{doji, Range * Body}
set{sdoji,count(doji above .5,10)}
and average volume (40) above 300,000
and add column Average Volume (40)
/* NUMBER of Closes Over EMA8 */
set{close_up3, count(close above EMA(8),2)}
and add column close_up3 {^EMA8}
draw sdoji
sdoji above 2.5
and do not draw close 2 week high
add column sdoji
and add column beta
and add column high 10 day high 1 day ago
and add column Sector
and draw EMA(8)
draw EMA(20)
draw MA(50)
and institutional holder percent is above 50
and market is not otcbb
sort column 11 descending
chart-time is 4 months
and date offset 1

Breakout Filter TRO

/*Beautiful Breakout Scan, Exactly What I Am Looking for*/
/* High Low Breakout Technique */

set{dailyrange, high - low}

set{YH, high 1 day ago}
set{THmYH, high - yh}
set{cTHYH, count(high > yh, 1)}
set{thyh, thmyh * count(high > yh, 1)}

set{yl, low 1 day ago}
set{ylmtl, yl - low }
set{cyltl, count(low > yl, 1)}
set{yltl, ylmtl * count(low > yl, 1)}

set{brkout, THYH + yltl}

add column dailyrange
add column THYH
add column yltl

brkout above 0

Show stocks where the MA(10) is greater than the MA(10) yesterday
Show stocks where the MA(20) is greater than the MA(20) yesterday
Show stocks where the MA(50) is greater than the MA(50) yesterday

/* your close/volume/market criteria goes below this line */

high above high 20 day high 1 day ago

and draw Bollinger Bands(20)
show stocks where market is not ETF
and Average Volume(50) is above 150000
and close is between 0.5 and 10
and Not OTCBB
offset 1
/* end filter */

New Scans to Run via SF 5% Weekly TRO

5% A WEEK FILTER (BASED ON TRO'S CROCK POT)
courtesy of TRO and Kevin_in_GA

/*MEASURE THE DIFFERENCE FROM WEEKLY OPEN TO WEEKLY HIGH*/
set{whiop, weekly high - weekly open}
set{Long_Profit, whiop / weekly open }

/*DETERMINE THE FREQUENCY THAT 5% IS ACHIEVED OVER MULTIPLE TIME FRAMES*/
set{5_1wk, count(Long_Profit > .05,1)}
set{5_4wk, count(Long_Profit > .05,4)}
set{5_13wk, count(Long_Profit > .05,13)}

/*APPLY WEIGHTING FACTORS*/
set{var1,5_4wk*0.5} /*WEIGHT 4 WK AVERAGE AT 2X*/
set{var2,5_13wk*0.07692} /*WEIGHT 13 WK AVERAGE AT 1X*/

/*CREATE A WEIGHTED SUMMATION OF STOCK PERFORMANCE (MAX SCORE = 3)*/
set{reward,var1+var2}

/*DETERMINE THE RISK OF TRIPPING A 10% STOP LOSS*/
set{wloss, weekly open - weekly low}
set{max_loss, wloss / weekly open}

/*DETERMINE THE FREQUENCY THAT A 10% STOP LOSS IS TRIPPED OVER MULTIPLE TIME FRAMES*/
set{loss_1wk, count(max_loss > .10,1)}
set{loss_4wk, count(max_loss > .10,4)}
set{loss_13wk, count(max_loss > .10,13)}

/*APPLY WEIGHTING FACTORS*/
set{var11,loss_4wk*0.5} /*WEIGHT 4 WK AVERAGE AT 2X*/
set{var21,loss_13wk*0.07692} /*WEIGHT 13 WK AVERAGE AT 1X*/

/*CREATE A WEIGHTED SUMMATION OF RISK (MAX SCORE = 3)*/
set{risk,var11+var21}
set{performance,reward/risk}

add column performance
add column reward {reward}
add column risk {risk}
add column 5_4wk {4 wk reward}
add column loss_4wk {4 wk risk}
add column 5_13wk {13 wk reward}
add column loss_13wk {13 wk risk}

/*SCREEN FOR THE STRONGEST CANDIDATES*/
weekly open is above 1
average volume(90) above 500000
and reward is greater than 2.8

and draw 5_1wk
and draw loss_1wk on plot 5_1wk
and do not draw reward

sort column 6 descending

chart-display is weekly

More Random Thoughts from SF

"IT'S NOT WHAT YOU TRADE, IT'S HOW YOU TRADE IT"

Simplest way to trade RFR stocks is to use Muddy's WAIT FOR GREEN entry strategy.

You can also use my RFR TRAVEL GUIDE to see where the drop should hit and where the bounce should be.

You can also use part of my BLACK BELT TRADING STRATEGY... if the previous day's close crosses and closes above the ema(5), you should be clear for takeoff.

That should be enough to get you started.

Random Thoughts StockFetcher.

NOTE TO SELF: Doing a lot of research on StockFetcher and thinking that for 401k trading the RFR for Weekly Setups would be ideal.
http://forums.stockfetcher.com/sfforums/?q=view&tid=56077&start=300 // Weekly Swing
And for Day Trading/Swing:
http://forums.stockfetcher.com/sfforums/?q=view&tid=56077&start=20 // RUN FOREST RUN 1 day 8%
And for Breakout Scans:
http://forums.stockfetcher.com/sfforums/?q=view&tid=32303&start=0 // Raw Breakout

NOTE TO SELF: Three Steps
1. Find stocks that fit the RFR
2. Specify Entry Criteria: IE RSI(2) low, Pop OverDue 5days etc.
3. Specify Entry Price: IE 1st Green Bar on 30 Min and if not at open then set entry at day's high or using TRAVEL GUIDE.

Quote from TRO and SF People FYI For Future.
"What's your method for zeroing in on the three stocks you mentioned (RND, ABK, and PMI) from the Run Forest Run filter? And, what's your exit strategy that you use for stopping losses and protecting profits?
-----------------------------------------------

I just look at the ones on top.

I look at the volume... don't like thinly traded stocks.

That's all there is. The filter does the work of selecting.

Now, trading... I use the TRAVEL GUIDE.

I like to trade the drop/bounce... I will wait for a drop to the drop target... that's the get ready. I use 30 minute candles... I WAIT FOR GREEN and then enter 1/2 the position. If it goes against me then I can average down and trade my way out. Just ask Chip... we chat on yahoo almost everyday during the market.

I don't use stops. I trade my way out.

I also will buy 1/2 position in the last hour of the day to see if I can catch the pop the next day. If they drop it, I'll add the other 1/2 position and catch the bounce and usually be able to exit with a profit ( sometimes I exit too soon like last week!) "

People ask how do I select what stocks to trade.

One way is to find the RFR stocks that have been beaten down.

RSI(2) below 5 does that.

Back test all you want but it's HOW YOU TRADE THEM that matters!!

1. Timing is everything. I use 30 minute candles. Don't go long if candle is RED.

GREEN - number of days out of last 100 where stock closed above open

B = BOUNCE ( low to close )

D = DROP ( open to low )

R = RUN ( open to high )

P = PULLBACK ( high to close )

Reporting the distance the price travelled as a percentage of the open price.

How to trade using the TRAVEL information?

Think about it...

Market opens, stock starts to move up and you enter...

Price reaches average RUN, time to sell part of your position to lock in profit.

Price stalls and you exit the rest.

Price now drops below open to the average drop, you enter part of your position because price stalls.

Price drops more, stops and reverses, you can enter the rest of your position or wait.

Price bounces back to average bounce. You exit again.

Two trades, both profitable, more than 2% gains.

Do this every day and YOU'RE RICH!

"As I was taught to do, I run the 8% up and 8% down filter every night,the high dayranger list every weekend, former runners I have learned (especially the lower float ones) I wait for green on these, hitting new high of day list,look at their volume and decide quickly whether to enter them or not.
These filters imo will be a great source for afterhours and premarket "news" stocks.If one high on the "runners" filter list is only up a few % before the open and I know it has run big in the past a few times this again will give me an edge I believe.

These filters I can study for the risk/reward potential and that is always my main goal along with an EDGE.""

WTF is the Muddy Zone?

www.paltalk.com

Market Preparation for SP-500 Nov. 20, 2009:

Possible Scenario: Still Island Reversal with a Bounce off the 200 on the 15 Min ~ 2Day MA.

Updates will be based upon weekly predictions with this week scoring a 2.5 out of 4 as we still have yet to confirm the bounce off the 200 if that happens then I'll give myself extra points.

My expectations for the SP-500 are based upon the current down movement outside the narrowing channel.



Breakouts: NXG, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): POL, CVO, AEA (I), INCY, FULT, OCLR, UBET (Imminent), UMC (Imminent), CNU, CHLN, JDSU, RJA, GCA, FULT, IMGN, SHO, CCO (BO), ISYS, XIN, HNBC (I), WMG, KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit 10%), AHT (Profit 10%), ADPT, MOT, SVM, EXK (Broke even --> BO), HYC (I), CLZR (BD), ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: PMCS, WGO, ABG, DY, NVTL, CENT, COMV
Previous Potential Breakdowns: RJET, CHNG, PIKE, CKR, KXNA, PTMI, HHS, ITMN (I), CUZ (I), DCP, CPLP, BRKL, PNFP, USOM, CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks:
Previous Potential Dips (Looking back 5 days): TLR, AHC

Rip Picks:
Previous Potential Dips (Looking back 5 days): VVUS, STC, CLNE, TUES (covered), VCP,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Will the Mkt Rebound?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 19, 2009:

Market Preparation for SP-500 Nov. 19, 2009:

Possible Scenario: Island Reversal with a Bounce off the 200 on the 15 Min ~ 2Day MA.

Updates will be based upon weekly predictions with this week scoring a 2.5 out of 3 as Gap Down lead to crash/bear flag (Perfect Prediction... Now why didn't I take the trade when I checked the futures?).

My expectations for the SP-500 are based upon the current down movement outside the narrowing channel.



Breakouts: POL, CVO (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): AEA (I), INCY, FULT, OCLR, UBET (Imminent), UMC (Imminent), CNU, CHLN, JDSU, RJA, GCA, FULT, IMGN, SHO, CCO (BO), ISYS, XIN, HNBC (I), WMG, KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit 10%), AHT (Profit 10%), ADPT, MOT, SVM, EXK (Broke even --> BO), HYC (I), CLZR (BD), ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: RJET, CHNG, PIKE, CKR, KXNA, PTMI, HHS
Previous Potential Breakdowns: ITMN (I), CUZ (I), DCP, CPLP, BRKL, PNFP, USOM, CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: TLR
Previous Potential Dips (Looking back 5 days): AHC

Rip Picks: VVUS, STC
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered), VCP,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Will the Mkt Rebound?

Good Luck,

Tyler

Market Preparation for Nov. 19, 2009:

Market Preparation for SP-500 Nov. 18, 2009:

Possible Scenario: Gap up = higher Gap Down = Lower, otherwise another Doji. But Should be an imminent move.

Updates will be based upon weekly predictions with this week scoring a 1.5 out of 2 as no Gap = doji.

My expectations for the SP-500 are based upon the current rebound up in the narrowing channel.




Breakouts: AEA (I), INCY, FULT, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): OCLR, UBET (Imminent), UMC (Imminent), CNU, CHLN, JDSU, RJA, GCA, FULT, IMGN, SHO, CCO (BO), ISYS, XIN, HNBC (I), WMG, KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit 10%), AHT (Profit 10%), ADPT, MOT, SVM, EXK (Broke even --> BO), HYC (I), CLZR (BD), ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: ITMN (I), CUZ (I),
Previous Potential Breakdowns: DCP, CPLP, BRKL, PNFP, USOM, CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: TLR
Previous Potential Dips (Looking back 5 days): AHC

Rip Picks:
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered), VCP,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

Market Preparation for Nov. 18, 2009:

Market Preparation for SP-500 Nov. 18, 2009:

Possible Scenario: No Overhead Resistance so realistically it could go on forever, however it could be the top of a 5 wave with an ABC correction down. Gap up = higher Gap Down = Lower, otherwise another Doji.

Updates will be based upon weekly predictions with yesterday scoring a 0.5 out of 1 as my uncertainty = doji.

My expectations for the SP-500 are based upon the current rebound up outside of the channel.




Breakouts: OCLR, UBET (Imminent), UMC (Imminent), CNU, CHLN, JDSU, RJA, GCA, FULT, IMGN, SHO, CCO, ISYS (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): XIN, HNBC, WMG, KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit), AHT (Brokeout), ADPT, MOT, SVM, EXK (Broke even), HYC, CLZR, ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: DCP, CPLP
Previous Potential Breakdowns: BRKL, PNFP, USOM, CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks:
Previous Potential Dips (Looking back 5 days): AHC

Rip Picks:
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered), VCP,

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 17, 2009

Market Preparation for SP-500 Nov. 17, 2009:
Possible Scenario: No Overhead Resistance so realistically it could go on forever, however it could be the top of a 5 wave with an ABC correction down.

Missed a few days of blogging due to staffing a retreat

My expectations for the SP-500 are based upon the current rebound up outside of the channel.



Breakouts: XIN, HNBC, WMG, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): KOG (Imminent), HNR, GLS, LOOP, LPSN, SCI, AGM, GGR (Profit), AHT (Brokeout), ADPT, MOT, SVM, EXK (Broke even), HYC, CLZR, ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: BRKL, PNFP, USOM
Previous Potential Breakdowns: CCOI, OCN (Imminent), SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: AHC
Previous Potential Dips (Looking back 5 days):

Rip Picks: VCP,
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered)

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 11, 2009:
Possible Scenario: Hitting resistance @ 1093 Way Overbought and still expecting a backlash to 1088 so mostly a Doji.

Wrong again, learning to just read the tape vs go beyond to what I want. Need to eliminate my bias towards the market. I missed the gap up which caused a huge upward push. So now I'm 4.5 out of 7.

My expectations for the SP-500 are based upon the current rebound up outside of the channel.



Breakouts: KOG (Imminent), HNR, GLS, LOOP (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): LPSN, SCI, AGM, GGR (Profit), AHT (Imminent), ADPT, MOT, SVM, EXK (Look to break even), HYC, CLZR, ERES (Brokedown), TSYS (Brokedown), GSS, CTDC (Brokeout)

Breakdowns: CCOI, OCN (Imminent),
Previous Potential Breakdowns: SMA, MFA, BDN, KNOT (Imminent), NSIT (Imminent), CLMS (Imminent), LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: N/A
Previous Potential Dips (Looking back 5 days): Broke Even with all Plays

Rip Picks: VCP,
Previous Potential Dips (Looking back 5 days): CLNE, TUES (covered)

Top Pick: Imminent Plays (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 10, 2009:
Possible Scenario: Way Overbought expecting a backlash to 1084.

Way wrong I missed the gap up which caused a huge upward push. So now I'm 4.35 out of 6.

My expectations for the SP-500 are based upon the current rebound up outside of the channel.



Breakouts: LPSN, SCI, AGM (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): GGR, AHT, ADPT, MOT, SVM, EXK (Brokeout), HYC, CLZR, ERES, TSYS, GSS, CTDC

Breakdowns: SMA, MFA, BDN, KNOT, NSIT, CLMS
Previous Potential Breakdowns: LEAP, MENT, MFC, TRMK. (Set Order just below Low resistance)

Dip Picks: N/A
Previous Potential Dips (Looking back 5 days): Broke Even with all Plays

Rip Picks: CLNE
Previous Potential Dips (Looking back 5 days): TUES look to cover

Top Pick: ??? KNOT Short with EXK Long (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: Pull Back?

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 9, 2009:
Possible Scenario: Resistance @ ~ 1071 if it breaks down I would expect lower channel to get hit. But if this is forming the top of the R Shoulder I would expect indecision much like the L Shoulder.

Missed the correct prediction as the day did go to 1071 as the high but not on a gap up rather on a gap down... So we'll call it partly right with 4.25 out of 5. I figure good prediction is ~ 70%, any better is curve fitting and not a prediction from my system trading.

My expectations for the SP-500 are based upon the current rebound in the channel.



Breakouts: $GGR, $AHT, $ADPT, $MOT (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): $SVM (Waiting), $EXK (Waiting) , $HYC (Abandoned), $CLZR (Look to exit breakeven), $ERES (Breakdown), $TSYS (Waiting), $GSS (Look to exit even), $CTDC (Still Imminent)

Breakdowns: $LEAP, $MENT, $MFC, $TRMK. (Set Order just below Low resistance)

Dip Picks: N/A
Previous Potential Dips (Looking back 5 days): Broke Even with all Plays

Rip Picks: $TUES,
Previous Potential Dips (Looking back 5 days): N/A

Top Pick: Hedge although my top pick has been wrong a bunch lately. (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: R Shoulder Coming???

Good Luck,

Tyler

Market Preparation for Nov. 6, 2009

Market Preparation for SP-500 Nov. 6, 2009:
Possible Scenario: Right on upper trendline, if we gap up I'd expect more strength to the end of the C wave at ~ 1071. In flat or gap down I would expect consolidation forming the top of the Right Shoulder.

BAMM! Another good prediction as yesterdays prediction to 1068 was missed by ~ < 2 pts by the end of the day. (That is 4 for 4! I've got to get one wrong here sometime.)

My expectations for the SP-500 are based upon the current rebound in the channel.



Breakouts: $SVM, $EXK, $HYC, $CLZR, (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): $ERES (Waiting), $TSYS (Waiting), $GSS (Waiting), $CTDC (Imminent)

Breakdowns: 80 picks not going to list them all. (Set Order just below Low resistance)

Dip Picks: N/A
Previous Potential Dips (Looking back 5 days): Broke Even with all Plays

Rip Picks: N/A

Top Pick: Breakdowns (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: R Shoulder Coming???

Good Luck,

Tyler

Market Preparation for SP-500 Nov. 5, 2009:
Possible Scenario: Right on lower trendline, if we gap down I'd expect consolidation. In the event of a strong upward move I would expect the top of the C wave to end near 1068 tomorrow. In the event of a weaker upward move I would expect more continuation in the upward channel.

BAMM! Another good prediction as yesterdays Imminent Move on Breakout lead to more breakout... but once again my crystal ball only worked until mid day as the WTF pattern showed up at the end of the day.

My expectations for the SP-500 are based upon the current rebound in the channel.




Breakouts: $ERES, $TSYS, $GSS (Set Order just above High resistance)
Previous Potential Breakouts (Looking back 5 days): $AHC (Took Profit), $CTDC (Waiting)

Breakdowns: $INTC, $CMVT, $PNSN, $COCO. (Set Order just below Low resistance)

Dip Picks: $RAME? (Look for Gap up Tomorrow)
Previous Potential Dips (Looking back 5 days): $IO (Setup was correct but look to exit break even), $CNOA (Not Confimed), $CVO (Look to exit breakeven)

Rip Picks: N/A

Top Pick: Hedge $ERES and $INTC on confirmation. (Look for gap downs or gap ups beyond resistance)

Top Missing Piece: R Shoulder Coming???

Update from yesterday two bad entries on the Dips look to break even on them.

Good Luck,

Tyler

Market Preparation Wed Nov. 4th, 2009

Market Preparation for SP-500 Nov. 4, 2009:
Possible Scenario: Imminent move tomorrow, mostly consolidation today still could be forming a new A wave for a recovery ABC pattern and at least form a top H&S over the next few days. Also if we Gap above 1050 then I would expect continuation, however if we remain flat or gap down I would expect more consolidation/downside movement although that would be strange with how far down we have come already.

BAMM! Another good prediction as yesterdays no strong prediction tends to be indecision within the market equaling the doji today.

My expectations for the SP-500 are based upon the current down channel.



Mixed Reviews for all setups leaning towards a bounce for R Shoulder.

Breakouts: $AHC (Brokeout) , $CTDC (Set Order just above High resistance)

Breakdowns: WOW 56 Picks I'm not listing them all but could be a bounce as they are not taking out their lows. (Set Order just below Low resistance)

Dip Picks: $IO, $CNOA, $CVO (Look for Gap up Tomorrow)

Rip Picks: N/A

Top Pick: Hedge or Stay in Cash. (Look for gap downs or gap ups bey)

Top Missing Piece: R Shoulder will it come???

Update from yesterday the Short banks would be on a breakdown not a Gap down (Learning)

Good Luck,

Tyler

Market Preparation Nov 3, 2009

Market Preparation for SP-500 Monday Nov. 3, 2009:
Possible Scenario: No Strong Predictions looks like it could be the down spot of a 5 wave with a potential ABC back up? This would at least form a top H&S over the next few days. Although with massive breakdowns everywhere it could just crash.

BAMM! What a prediction yesterday... 1050 nearly exactly followed by a break down, of course there was that end of day rally but that was beyond my crystal ball.

My expectations for the SP-500 are based upon the current down channel.



My Scan for Stocks are almost all showing breakdowns with a limited set of weak breakouts. few of my bounce scans are registering any picks.

Breakouts: $AHC, $EPIC, $GY

Breakdowns: WOW 178 Picks I'm not listing them all but expecting massive breakdown on any gap down.

Dip Picks: $JADE, $SCIL (Look for Gap up Tomorrow)

Rip Picks: N/A

Top Pick: Short the Banks or Stay in Cash.

Top Missing Piece: Capitulation.... When will it come???



Good Luck,

Tyler

Market Prep's 1st Post

Market Preparation for SP-500 Monday Nov. 2, 2009:
Possible Scenario: Rally to 1050 followed with a breakdown.

Well I figured its time to start documenting my trades for my own reference and accounting. And hey if some leeches start taking some picks well all the better then. I was a leech for a long time while learning the ropes.

My expectations for the SP-500 are based upon the current down channel.



My Scan for Stocks are almost all showing breakdowns with a limited set of weak breakouts. None of my bounce scans are registering any picks.

Breakouts: $BONT

Breakdowns: $CSFG, $VCLK, $MHO, $XEL, $PNM, $SEH, $BPI

Dip Picks: N/A

Rip Picks: N/A

Top Pick: $SEH Short on Breakdown (9.44)



Good Luck,

Tyler