Muddy’s Fave Setups, Using the Quote Box

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[Jun 27, 2010 8:04:20 PM EDT] Laura 1. What are 3 of your most reliable patterns/setups?

[Jun 27, 2010 8:04:55 PM EDT] Laura and btw, welcome

[Jun 27, 2010 8:05:11 PM EDT] Laura these are questions that came in via email

[Jun 27, 2010 8:08:29 PM EDT] Muddy 1) former runners, low floats especially, that hit the hod list and are jiggy in the quote box. by far my fav but unless you’ve traded awhile and know the former runners and are quick off the hod list if you use it, probably not that great a setup as it is for me

[Jun 27, 2010 8:10:13 PM EDT] nmw low float = low volume?

[Jun 27, 2010 8:10:21 PM EDT] Muddy 2). momo watches from the last few days that are on the premarket list, the higher the dayrange the better, watch for pre highs. break,

[Jun 27, 2010 8:10:29 PM EDT] Muddy no, low float

[Jun 27, 2010 8:11:42 PM EDT] Muddy most will be lower vol but not always, i use Scott qbox to see outstanding shares which corratates with low float

[Jun 27, 2010 8:11:47 PM EDT] Laura low float = small amt of shares publically traded

[Jun 27, 2010 8:13:22 PM EDT] Muddy 3). stocks that are on the weekly (or ones usually on there most of the year) that go green to red for shorting, or red to green for longs

[Jun 27, 2010 8:13:28 PM EDT] Muddy my top 3 setups

[Jun 27, 2010 8:13:33 PM EDT] Laura please, any other questions, send to me

[Jun 27, 2010 8:13:36 PM EDT] Laura let him finish

[Jun 27, 2010 8:14:15 PM EDT] Laura (Jun 27-20:13) missadventure: so you would go long on setup 1 &2?

[Jun 27, 2010 8:15:03 PM EDT] Muddy yes, i almost go long 100%, especially on #1

[Jun 27, 2010 8:15:56 PM EDT] Muddy the reward is just so good, and you don’t have to go heavy to make a few hundred pretty fast

[Jun 27, 2010 8:16:13 PM EDT] Muddy and you can find a few a day usually

[Jun 27, 2010 8:16:52 PM EDT] cpaul yup yup

[Jun 27, 2010 8:17:47 PM EDT] Laura 2. Which brokerage has the best borrow ?

[Jun 27, 2010 8:18:05 PM EDT] Laura second Q by email

[Jun 27, 2010 8:18:55 PM EDT] Muddy i really like IB, Nate can jump in as he uses others too borrows, WTC SOGO i know have good borrows

[Jun 27, 2010 8:19:34 PM EDT] InvestorsLive Yes IB great, Sogo is great over $3

[Jun 27, 2010 8:19:41 PM EDT] InvestorsLive they had CWLZ and others that IB had 0 of

[Jun 27, 2010 8:19:42 PM EDT] InvestorsLive IFLG as well

[Jun 27, 2010 8:19:46 PM EDT] InvestorsLive but most times IB has got it all

[Jun 27, 2010 8:20:19 PM EDT] Laura I short more than most in here, and IB is usually great for Naz stocks

[Jun 27, 2010 8:20:38 PM EDT] Laura that’s my bread and butter plays

[Jun 27, 2010 8:21:17 PM EDT] Laura IB is not the greatest for execution on OTCs so I avoid them mostly

[Jun 27, 2010 8:21:35 PM EDT] Laura ok, last email question

[Jun 27, 2010 8:21:47 PM EDT] Laura 3. Does HOD/nHOD mean buy, and vice versa ?

[Jun 27, 2010 8:22:14 PM EDT] bmon http://www.investorsunderground.com/chat-room-acronyms/

[Jun 27, 2010 8:22:20 PM EDT] Muddy most times, no

[Jun 27, 2010 8:22:47 PM EDT] Muddy but there are ones that for me are definate yes’s

[Jun 27, 2010 8:23:18 PM EDT] Muddy low float former are 1, jiggy in qbox makes it even better

[Jun 27, 2010 8:24:13 PM EDT] Muddy ones that were on pre and have pulled back and are testing hods, the ones on the momo list last few days the best

[Jun 27, 2010 8:24:39 PM EDT] Muddy high day rangers red to green another

[Jun 27, 2010 8:25:11 PM EDT] Muddy ones still deep red that had what may have been overblown bad news another

[Jun 27, 2010 8:26:03 PM EDT] Muddy ones creeping up to new 52’s another decent hod hit play for sure

[Jun 27, 2010 8:26:32 PM EDT] Muddy i use date offsets on these 52s to stalk these

[Jun 27, 2010 8:27:02 PM EDT] nmw jiggly means what?

[Jun 27, 2010 8:27:29 PM EDT] Muddy STAA has been good on stalk 52s the last week on hod hit

[Jun 27, 2010 8:28:19 PM EDT] Laura jiggy explained on the acronyms link I think

[Jun 27, 2010 8:29:12 PM EDT] abulloch You said: ‘i use date offsets on these 52s to stalk these’. Can you say a bit more about ‘date offsets’?

[Jun 27, 2010 8:29:14 PM EDT] Laura Jiggy - Phrase coined by Muddy. Refers to watching the Scottrade quote box when a stock is gearing up for a possible big move the bid/ask size, bid/ask exchanges, and the prices all start to change very rapidly as orders are increasing tremendously.

[Jun 27, 2010 8:30:41 PM EDT] Muddy the best thing about jiggy is pps often stays the same before the run

[Jun 27, 2010 8:32:00 PM EDT] nmw can in then presage a big move either way, is pps stable?

[Jun 27, 2010 8:32:30 PM EDT] nmw “can it”, not “cabn in”

[Jun 27, 2010 8:33:44 PM EDT] Muddy yes

[Jun 27, 2010 8:34:19 PM EDT] Muddy another thing are the quick wicked spikers on the hod list…

[Jun 27, 2010 8:34:42 PM EDT] Muddy often you can scalp SHORT on these

[Jun 27, 2010 8:35:02 PM EDT] Muddy Nate can tell you that and Reaper too

[Jun 27, 2010 8:35:52 PM EDT] Muddy you might only get 2/3 a week at the most but they work

[Jun 27, 2010 8:36:17 PM EDT] Muddy you need the fast insane spike that you could never catch to the long side

[Jun 27, 2010 8:36:34 PM EDT] Muddy cnbc news types work great

[Jun 27, 2010 8:38:29 PM EDT] Muddy the ones you could never catch long, thats the key to short these spikers

[Jun 27, 2010 8:39:38 PM EDT] Muddy OSUR on friday, perfect example

[Jun 27, 2010 8:40:23 PM EDT] Muddy look at that wick and no way you could have caught it long really

[Jun 27, 2010 8:42:00 PM EDT] Laura hi Laura….hope u guys ok…..my Q for today…got into CAVR JUNE 18TH…since then decreasing ….it was a perfect ”ubb pierce ” pattern…..what i did wrong then ?should we sell stocks that fall in this pattern, right away if next day is red?

[Jun 27, 2010 8:42:13 PM EDT] Laura another question here Mudd

[Jun 27, 2010 8:44:58 PM EDT] Muddy if you look at CAVR chart it came off the lbb in 1 day, of all the pierce plays these are the ones that fail the most often

[Jun 27, 2010 8:46:18 PM EDT] Muddy it ran from low .013 to .05 in that time

[Jun 27, 2010 8:47:02 PM EDT] guitarhero which the ones that fall less?’walking candles -consolidating and no gap for the day we get in?

[Jun 27, 2010 8:47:27 PM EDT] guitarhero walking candles trhouygh or below UBB?

[Jun 27, 2010 8:49:57 PM EDT] Muddy fall less have been the ones coming out of the near middle of bb’s

[Jun 27, 2010 8:50:14 PM EDT] guitarhero I hope anyway CAVR can still rebounce drom Muddy zone…..

[Jun 27, 2010 8:50:21 PM EDT] guitarhero from

[Jun 27, 2010 8:54:49 PM EDT] guitarhero have another q …..since i m here only for 3 months kind of, and to know former runners-which you know because you trade for years- could i use the RunForestRun scan and change the offset for ,ex., 100,200,300 days,etc, in order to get a good list of former runners in the last few years?is the RFR a good indicator for former runners?or there s a better scan for that?

[Jun 27, 2010 8:55:58 PM EDT] Muddy its the best. imo, to find formers

[Jun 27, 2010 8:56:58 PM EDT] Muddy if use the adr’s as in the combo scan, you can narrow them down

[Jun 27, 2010 8:57:22 PM EDT] guitarhero so, if i apply 100,220,300,400 etc days, how i would get the former runners’still the ones with more times 10 to19 % of range?

[Jun 27, 2010 8:57:30 PM EDT] guitarhero like that?

[Jun 27, 2010 8:57:33 PM EDT] Muddy but yes, RFR is pretty deadly for finding formers

[Jun 27, 2010 8:57:52 PM EDT] Muddy yes 10-19%

[Jun 27, 2010 8:58:04 PM EDT] guitarhero great…thanks

[Jun 27, 2010 8:58:23 PM EDT] Muddy excellent question, btw

[Jun 27, 2010 8:59:49 PM EDT] guitarhero thanks…learning a lot here!

[Jun 27, 2010 9:00:50 PM EDT] Laura any more questions?

[Jun 27, 2010 9:02:32 PM EDT] Muddy if you want to try to learn the lower floaters with adr, Stockfetcher can do this also, even if you just remember a few a week is good

[Jun 27, 2010 9:03:28 PM EDT] guitarhero still one more….Muddy, if i get long on one of those perfect UBB, and the next day is red,what are the exceptions for not selling that day and keep being long?

[Jun 27, 2010 9:05:07 PM EDT] Muddy if you look at IFLG 5/13

[Jun 27, 2010 9:05:51 PM EDT] Muddy see how it came from mid bb’s 5/12…

[Jun 27, 2010 9:06:02 PM EDT] guitarhero ok

[Jun 27, 2010 9:06:36 PM EDT] Muddy then 5/14 was red

[Jun 27, 2010 9:08:22 PM EDT] Muddy imo. i’d expect more the next day 5/17 because the red day the vol was very low compared to the 2 big run days before

[Jun 27, 2010 9:08:44 PM EDT] guitarhero ahh…ok

[Jun 27, 2010 9:09:21 PM EDT] Muddy so vol should be watched on the red day

[Jun 27, 2010 9:09:44 PM EDT] guitarhero ok

[Jun 27, 2010 9:11:08 PM EDT] gmatpill i mis-shorted NBIX

[Jun 27, 2010 9:11:13 PM EDT] gmatpill how do I avoid such a mistake?

[Jun 27, 2010 9:12:13 PM EDT] guitarhero based on that…SKPI and ECPN… last 2 days…all coming from middle BB…..all red on friday, but then, SKPI had very low volume compared to thursday vol…..so, looks like SKPI better chances to keep going then ECPN?

[Jun 27, 2010 9:15:59 PM EDT] Muddy whats tough is these SKPI ECPN are otcbb’s and many are pr and or pumps

[Jun 27, 2010 9:17:41 PM EDT] guitarhero so, better aply this on Nasdaq-amex-nyse?u think OTCBB and pinks not so reliable?

[Jun 27, 2010 9:23:00 PM EDT] Muddy yes for sure, imo

[Jun 27, 2010 9:40:11 PM EDT] Laura if there are no more questions, then we are done :)

[Jun 27, 2010 9:43:59 PM EDT] guitarhero goodnite…thanks for the seminar!

[Jun 27, 2010 9:44:43 PM EDT] bmon good seminar team!

[Jun 27, 2010 9:44:57 PM EDT] bmon IU is where it’s at

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