Muddy’s Scans + Trading Set up Examples Seminar

by | Feb 15, 2010

Feb 15th Seminar Muddy’s Scans + Trading Set up Examples Seminar
– Detail on scans
– What is ADR (Average Daily Range)
– What are Darkside watches? (Explained in post and seminar)
– Trading Pumps reminder – not for newbies at ALL – dangerous
– Trading set ups
– Playing the ORIGINAL move on a pump NOT the back end

[Feb 15, 2010 5:04:04 PM PST] Ironman stop in during market hours and trade with us sometime:)

[Feb 15, 2010 5:04:10 PM PST] Laura Muddy has had requests for more detail on his scans

[Feb 15, 2010 5:04:26 PM PST] Laura One question…ooking at your rfr combo scan and the results for the week of 2/16, the scan code does not produce those same results. the scan code does not address the adr(30) in any way that i can see. can you please explain? thanks, tom

[Feb 15, 2010 5:07:06 PM PST] Muddy we have adr30 and adr10 in all our scans as we have them in our global settings, if you dont want to do this just use the phrase, “add column average day range(30)” to this scan

[Feb 15, 2010 5:08:10 PM PST] tmaugham yes, thanks, i’ve been playing with it a bit and found that out. but i do have another point. i notice that your results skip over many symbols that seem to fit the criteria, why is that?

[Feb 15, 2010 5:10:39 PM PST] Laura you do mean the combo scan right?

[Feb 15, 2010 5:11:20 PM PST] tmaugham yes… for example your list has aeny and pcbc but skips pmi and srz which appear on my scan results.

[Feb 15, 2010 5:11:35 PM PST] Muddy yes on the combo i skip many, that’s the point of being a “combo”, i cherrypick the highest dayrangers with the highest 10-19% runners in the last 100 days

[Feb 15, 2010 5:12:09 PM PST] Muddy this from” I’m going to try” post on gots…

[Feb 15, 2010 5:12:38 PM PST] Muddy Next I run the The Combo scan which is stocks that have run the highest amount of times 10 to 19% in the last 100 days ranked in order of highest times to lowest times run. This is run on the weekend too as the watches change little from day to day. This scan is long biased. On Stockfetcher.com it’s known as the RunForestRun scan. I then cherrypick the ones over 9% in the ADR(30) column.

[Feb 15, 2010 5:13:07 PM PST] Muddy “Thus the name Combo, combo of the RunForestRun scan ( found on Stockfetcher) and Muddys high ADR(30).”

[Feb 15, 2010 5:14:16 PM PST] tmaugham if you pick the over-ADR30-9 then why is cemjq on the list, it’s only 7.97?

[Feb 15, 2010 5:15:04 PM PST] Muddy see SRZ PMI adr is around 7%, too low for me to include

[Feb 15, 2010 5:16:08 PM PST] Muddy because CEMJQ has 10% adr10 and has a 21% chance of running 10-19%

[Feb 15, 2010 5:16:13 PM PST] Muddy good odds imo

[Feb 15, 2010 5:16:46 PM PST] Muddy like i said, i have both adr10 and 30 in globals

[Feb 15, 2010 5:17:43 PM PST] tmaugham okay, i wasn’t aware of adr(10). i just added it now…

[Feb 15, 2010 5:17:50 PM PST] Muddy we dont have to match perfectly, just pretty close is good enough

[Feb 15, 2010 5:18:28 PM PST] tmaugham i just need to get this concept into my aged brain!!!!

[Feb 15, 2010 5:19:06 PM PST] Muddy you will see CEMJQ has risen over 2% in adr over the last 20 days also

[Feb 15, 2010 5:19:18 PM PST] Muddy adr30 is 7.97

[Feb 15, 2010 5:19:27 PM PST] Muddy adr10 is 10.07

[Feb 15, 2010 5:19:57 PM PST] Muddy thus its hopefully heating up, getting more swish

[Feb 15, 2010 5:20:30 PM PST] tmaugham gotcha… i’ll do a more thorough analysis when this session is over. thanks again…

[Feb 15, 2010 5:20:46 PM PST] tmaugham now what do you run after this which i understand is over the weekend?

[Feb 15, 2010 5:21:49 PM PST] dantx i still do not trade enuff to worry about it prolly not a big deal for me yet

[Feb 15, 2010 5:22:02 PM PST] dantx oops wrong window

[Feb 15, 2010 5:22:07 PM PST] Muddy if market has been even to downside i run the losers scan, its a daily unlike combo and dayrange scan

[Feb 15, 2010 5:23:38 PM PST] Laura so nightly are Darkside watches (stocks that are up) and losers scan, which duh, are down

[Feb 15, 2010 5:23:47 PM PST] Laura weekend scans are ADR and Combo

[Feb 15, 2010 5:24:23 PM PST] Laura other questions on scans?

[Feb 15, 2010 5:25:41 PM PST] tmaugham where is the darkside scan?

[Feb 15, 2010 5:26:21 PM PST] InvestorsLive http://darksidetrading.blogspot.com/2008/10/how-i-find-darkside-watches.html

[Feb 15, 2010 5:26:42 PM PST] Laura and then we post the results most nights on the dashboard

[Feb 15, 2010 5:26:57 PM PST] Muddy 1 thing you can do which is very helpfull to me, IF you have adr10 and 30 in your globals, is you can check any stocks adr’s very easy

[Feb 15, 2010 5:27:00 PM PST] tmaugham what is the adr scan?

[Feb 15, 2010 5:27:21 PM PST] Laura average day range, the highest adr

[Feb 15, 2010 5:27:46 PM PST] Laura ones that can “move”

[Feb 15, 2010 5:27:48 PM PST] tmaugham yes, i’ll put them in globals…

[Feb 15, 2010 5:27:56 PM PST] tmaugham thanks Laura..

[Feb 15, 2010 5:28:48 PM PST] Muddy how you chaeck any stocks adr’s, you use this simple scan…

[Feb 15, 2010 5:29:17 PM PST] tmaugham IL thanks for the link…

[Feb 15, 2010 5:29:30 PM PST] Muddy close price is between xxx and xxx… you cant use exact price, it wont take in SF

[Feb 15, 2010 5:30:04 PM PST] Muddy if its a 2 buck stock, you say between 1.99 and 2.01

[Feb 15, 2010 5:30:25 PM PST] Muddy give me a stock and its close price someone

[Feb 15, 2010 5:30:49 PM PST] dantx LVLT 1.38

[Feb 15, 2010 5:31:43 PM PST] Muddy in seconds it shows adr10 5.27 and 30 4.86

[Feb 15, 2010 5:31:54 PM PST] Muddy close price is between 1.37 and 1.39

[Feb 15, 2010 5:32:16 PM PST] Muddy its powerful if unfamiliar with a stock

[Feb 15, 2010 5:33:09 PM PST] tmaugham excellent, thanks!

[Feb 15, 2010 5:33:53 PM PST] Laura and with that………. LVLT would not make it on the Dayrangers Scan unless the markets go dead, lol

[Feb 15, 2010 5:34:16 PM PST] InvestorsLive lol

[Feb 15, 2010 5:34:47 PM PST] Muddy all stocks range have fallen in the past month

[Feb 15, 2010 5:35:24 PM PST] Muddy i know because it was 10% to make the list, now its about 8.7%

[Feb 15, 2010 5:35:44 PM PST] Muddy and that 10% is from over 11% 2 months ago

[Feb 15, 2010 5:36:16 PM PST] Muddy also i do 40 a list on dr’s

[Feb 15, 2010 5:36:41 PM PST] Muddy you only need 20 or less if you cant follow 40

[Feb 15, 2010 5:36:56 PM PST] tmaugham is the dayrangers scan on sf?

[Feb 15, 2010 5:37:36 PM PST] Muddy scott holds 20 a list so its just a quick flip of 2 lists for me, also 3 monitors in front of me

[Feb 15, 2010 5:37:52 PM PST] Muddy yes on SF

[Feb 15, 2010 5:38:30 PM PST] tmaugham in what thread please?

[Feb 15, 2010 5:39:04 PM PST] Laura all here http://greenonthescreen.blogspot.com/2008/06/im-gonna-try.html

[Feb 15, 2010 5:39:24 PM PST] InvestorsLive tmaugham if you haven’t ventured to the dashboard either

[Feb 15, 2010 5:39:27 PM PST] InvestorsLive we have some info here: http://www.investorsunderground.com/stock-fetcher-scans/

[Feb 15, 2010 5:39:28 PM PST] Muddy its not a thread on sf

[Feb 15, 2010 5:39:48 PM PST] InvestorsLive for those new members investorsunderground.com/dashboard does exist I feel like some don’t realize it 🙂

[Feb 15, 2010 5:40:48 PM PST] Laura any more questions on Muddy‘s scans?

[Feb 15, 2010 5:41:37 PM PST] InvestorsLive going once

[Feb 15, 2010 5:41:45 PM PST] Laura twice

[Feb 15, 2010 5:41:54 PM PST] InvestorsLive ok…………. then

[Feb 15, 2010 5:41:57 PM PST] InvestorsLive got a few questions as well

[Feb 15, 2010 5:42:03 PM PST] InvestorsLive one thing like I wrote in the newsletter this weekend

[Feb 15, 2010 5:42:16 PM PST] InvestorsLive our niche strategy is these day rangers

[Feb 15, 2010 5:42:24 PM PST] InvestorsLive OTCBB and Pinksheets come and they go….

[Feb 15, 2010 5:42:32 PM PST] InvestorsLive guys… if you CANNOT keep to the rules

[Feb 15, 2010 5:42:32 PM PST] tmaugham thanks Muddy and Laura, much great info now i have to get it all together…

[Feb 15, 2010 5:42:37 PM PST] InvestorsLive DON’T TRADE THEM

[Feb 15, 2010 5:42:44 PM PST] InvestorsLive I’m serious as I said…

[Feb 15, 2010 5:42:50 PM PST] InvestorsLive I am going to pound it into your head

[Feb 15, 2010 5:42:53 PM PST] InvestorsLive they are DANGEROUS

[Feb 15, 2010 5:42:53 PM PST] Laura IL, I’d like to chime in on this one…………

[Feb 15, 2010 5:43:02 PM PST] InvestorsLive sure thing

[Feb 15, 2010 5:43:14 PM PST] Laura We mostly play Naz stocks, as Muddy says, his bread and butter plays

[Feb 15, 2010 5:43:49 PM PST] Laura When we do play the OTCBB/pink pumps, we play very tiny in most cases, $500-1500… rarely more

[Feb 15, 2010 5:44:03 PM PST] Laura PLAY them with PLAY money!!!!!!

[Feb 15, 2010 5:44:37 PM PST] Laura If you play $500 and you make 40% cool. But 40% loss shouldn’t wipe you out either.

[Feb 15, 2010 5:44:49 PM PST] InvestorsLive it’s a big point

[Feb 15, 2010 5:44:55 PM PST] InvestorsLive and one to pay attention too

[Feb 15, 2010 5:44:58 PM PST] InvestorsLive one thing …

[Feb 15, 2010 5:45:06 PM PST] InvestorsLive couple folks, two were like CNWI… ugh wipped me out

[Feb 15, 2010 5:45:11 PM PST] InvestorsLive guys.. I feel bad… but I don’t

[Feb 15, 2010 5:45:18 PM PST] InvestorsLive sometimes it takes that loss

[Feb 15, 2010 5:45:23 PM PST] InvestorsLive to figure it out and you start paying attention

[Feb 15, 2010 5:45:25 PM PST] InvestorsLive to ur rules

[Feb 15, 2010 5:45:38 PM PST] InvestorsLive 3 days in a row, I push selling into that close pop

[Feb 15, 2010 5:45:42 PM PST] InvestorsLive JUST IN CASE…

[Feb 15, 2010 5:45:49 PM PST] InvestorsLive when something is a sure bet… its not a sure bet

[Feb 15, 2010 5:45:55 PM PST] Ironman yeah i played small guys and lost 40% the other day on a pick delay, but as bad as that sounds i was thankful i took half off night before and stuck to what i sadi i was going to do and only risked a small amount of money

[Feb 15, 2010 5:45:56 PM PST] InvestorsLive keep “some” over in case… maybe you bank

[Feb 15, 2010 5:46:11 PM PST] InvestorsLive maybe you don’t .. but again these come and they go…

[Feb 15, 2010 5:46:17 PM PST] Muddy imo, if one’s goal is to do this for a living, you better be darn good with these pennies if you play big

[Feb 15, 2010 5:46:36 PM PST] InvestorsLive zactly .. when people as me my size… so they can decide what to play

[Feb 15, 2010 5:46:45 PM PST] InvestorsLive guys… I am 100% OK with a 100% risk

[Feb 15, 2010 5:46:48 PM PST] InvestorsLive 100% Loss

[Feb 15, 2010 5:46:53 PM PST] InvestorsLive at worst case

[Feb 15, 2010 5:47:06 PM PST] InvestorsLive don’t ask me how big I am in… $500 or $50k… a 20-50% move is a 20-50% move

[Feb 15, 2010 5:47:23 PM PST] InvestorsLive and one other thing… I see a lot of folks focus in on pumps nad only pumps

[Feb 15, 2010 5:47:30 PM PST] InvestorsLive sooner or later… they will be gone again for a year … or 2

[Feb 15, 2010 5:47:34 PM PST] InvestorsLive then they’ll come back…

[Feb 15, 2010 5:47:38 PM PST] InvestorsLive thing about Mud’s bread and butter

[Feb 15, 2010 5:47:43 PM PST] InvestorsLive and the plays we do every day…

[Feb 15, 2010 5:47:47 PM PST] InvestorsLive RDN …. EZCH

[Feb 15, 2010 5:47:48 PM PST] InvestorsLive YRCW

[Feb 15, 2010 5:47:49 PM PST] InvestorsLive etc

[Feb 15, 2010 5:47:51 PM PST] Laura learn to play the ADRs and other scans

[Feb 15, 2010 5:47:51 PM PST] InvestorsLive they ALWAYS are here

[Feb 15, 2010 5:47:59 PM PST] InvestorsLive you need high ADR stocks…

[Feb 15, 2010 5:48:01 PM PST] Laura ups and downs on Naz stocks

[Feb 15, 2010 5:48:05 PM PST] InvestorsLive you need to learn to scan.. if you want to be successful

[Feb 15, 2010 5:48:10 PM PST] Laura run the scans nightly to learn the stocks

[Feb 15, 2010 5:48:35 PM PST] InvestorsLive I know sometimes we repeat… actually a lot we do…

[Feb 15, 2010 5:48:43 PM PST] InvestorsLive but wheN i see people not go thru with it…

[Feb 15, 2010 5:48:47 PM PST] InvestorsLive make same mistakes I did

[Feb 15, 2010 5:48:48 PM PST] InvestorsLive when i started

[Feb 15, 2010 5:48:55 PM PST] InvestorsLive eerrks me… but at times

[Feb 15, 2010 5:48:59 PM PST] InvestorsLive sometimes it takes just that.. .a big loss

[Feb 15, 2010 5:49:06 PM PST] InvestorsLive for you guys to realize.. hey maybe they are right

[Feb 15, 2010 5:49:10 PM PST] InvestorsLive maybe I should listen…

[Feb 15, 2010 5:49:18 PM PST] InvestorsLive only a few people.. over all not a big deal

[Feb 15, 2010 5:49:23 PM PST] InvestorsLive but I just wanted to pound that in first and foremost

[Feb 15, 2010 5:49:33 PM PST] InvestorsLive couple plays from Friday… wnated to go over

[Feb 15, 2010 5:49:50 PM PST] InvestorsLive on scan Thursday night

[Feb 15, 2010 5:49:52 PM PST] InvestorsLive EZCH

[Feb 15, 2010 5:49:54 PM PST] InvestorsLive http://i47.tinypic.com/2gvkl6u.png

[Feb 15, 2010 5:49:58 PM PST] InvestorsLive quote from scan is on top

[Feb 15, 2010 5:50:07 PM PST] tmaugham i had a big loss b/c i walked away from my computer for 15 min and didn’t have a stop in place.

[Feb 15, 2010 5:50:08 PM PST] InvestorsLive btw… these aren’t “I told you so” screen shots..

[Feb 15, 2010 5:50:23 PM PST] InvestorsLive these are to teach you based on what I saw… based on what I was thinking

[Feb 15, 2010 5:50:29 PM PST] InvestorsLive and give you a visual for it

[Feb 15, 2010 5:50:33 PM PST] InvestorsLive so EZCH…

[Feb 15, 2010 5:50:50 PM PST] InvestorsLive on scan Thursday night. I saw a decent move… broke thru its prior highs

[Feb 15, 2010 5:50:58 PM PST] InvestorsLive not 52 week highs… but broke thru the $14 level which had been resistance

[Feb 15, 2010 5:51:03 PM PST] InvestorsLive for some time..

[Feb 15, 2010 5:51:10 PM PST] InvestorsLive the next place I look for is .50 marks

[Feb 15, 2010 5:51:17 PM PST] InvestorsLive gives me a “comfort” level

[Feb 15, 2010 5:51:23 PM PST] Ironman I can validate that point Il, about a year ago today I started to learn becaus ei made all those mistakes. If i would have joined here the mebership price would have saved me tons of money

[Feb 15, 2010 5:51:24 PM PST] InvestorsLive 1/2 dollar marks… whole dollar marks

[Feb 15, 2010 5:51:36 PM PST] InvestorsLive so..

[Feb 15, 2010 5:51:40 PM PST] InvestorsLive I was looking for green

[Feb 15, 2010 5:51:43 PM PST] InvestorsLive green hold..

[Feb 15, 2010 5:51:49 PM PST] InvestorsLive potentially $14.50 hold

[Feb 15, 2010 5:51:57 PM PST] InvestorsLive so you’ll see on the pic I attached

[Feb 15, 2010 5:52:02 PM PST] InvestorsLive kinda bounced around that level and then held $14.50

[Feb 15, 2010 5:52:26 PM PST] InvestorsLive now this gives you an entry when it breaks higher off it because you now know you have an area to judge off

[Feb 15, 2010 5:52:35 PM PST] InvestorsLive $14.50s hold… breaks higher off it…

[Feb 15, 2010 5:52:44 PM PST] InvestorsLive if it goes.. it goes… if it fails

[Feb 15, 2010 5:52:51 PM PST] InvestorsLive you know that if $14.50 doesn’t hold…

[Feb 15, 2010 5:52:54 PM PST] InvestorsLive well you prob don’t want it

[Feb 15, 2010 5:53:16 PM PST] InvestorsLive if you missed that entry… you can see the consolidation pattern I talk about a lot

[Feb 15, 2010 5:53:20 PM PST] InvestorsLive right at 14.75

[Feb 15, 2010 5:53:25 PM PST] InvestorsLive for a good 30 minutes

[Feb 15, 2010 5:53:31 PM PST] InvestorsLive forms a top…

[Feb 15, 2010 5:53:36 PM PST] InvestorsLive then what do we look for?

[Feb 15, 2010 5:53:40 PM PST] InvestorsLive HOD test w/ volume

[Feb 15, 2010 5:53:53 PM PST] InvestorsLive bang you can see that and it launched

[Feb 15, 2010 5:54:01 PM PST] InvestorsLive same stuff we always say… just a visual for you

[Feb 15, 2010 5:54:15 PM PST] InvestorsLive another play we do a lot….

[Feb 15, 2010 5:54:16 PM PST] InvestorsLive red to green

[Feb 15, 2010 5:54:26 PM PST] InvestorsLive I see some people’s scans… bunch of blogs actually

[Feb 15, 2010 5:54:32 PM PST] InvestorsLive on recaps sometimes they say

[Feb 15, 2010 5:54:35 PM PST] InvestorsLive bought this because red/green

[Feb 15, 2010 5:54:40 PM PST] InvestorsLive or short this because green/red

[Feb 15, 2010 5:54:47 PM PST] InvestorsLive its not JUST red/green … green/red

[Feb 15, 2010 5:54:57 PM PST] InvestorsLive just because it hits red from being green doesn’t make it a short

[Feb 15, 2010 5:55:03 PM PST] InvestorsLive theres factors… look at RDN for example

[Feb 15, 2010 5:55:05 PM PST] InvestorsLive http://i48.tinypic.com/107nz2s.png

[Feb 15, 2010 5:55:17 PM PST] InvestorsLive so that green line is the prior close

[Feb 15, 2010 5:55:26 PM PST] InvestorsLive you can see what I was saying in chat

[Feb 15, 2010 5:55:36 PM PST] InvestorsLive it was hitting HODs on my HOD list… so of interest

[Feb 15, 2010 5:55:51 PM PST] InvestorsLive we all by now … should know RDN

[Feb 15, 2010 5:55:53 PM PST] InvestorsLive is a former runner

[Feb 15, 2010 5:55:56 PM PST] InvestorsLive we’ve had great success with ti

[Feb 15, 2010 5:56:10 PM PST] InvestorsLive (not the new guys.. but anyone in here 3-6 months… knows RDN)

[Feb 15, 2010 5:56:23 PM PST] InvestorsLive and then .. look between 10 and 11am

[Feb 15, 2010 5:56:28 PM PST] InvestorsLive the consolidation

[Feb 15, 2010 5:56:30 PM PST] InvestorsLive just below red/green

[Feb 15, 2010 5:56:34 PM PST] InvestorsLive and topping out HODs

[Feb 15, 2010 5:56:48 PM PST] InvestorsLive same consolidation as http://i47.tinypic.com/2gvkl6u.png

[Feb 15, 2010 5:56:50 PM PST] InvestorsLive before a move…

[Feb 15, 2010 5:56:55 PM PST] InvestorsLive either a breakdown or breakout

[Feb 15, 2010 5:57:12 PM PST] InvestorsLive so like a newsletter a bit ago… coupled ideas work best

[Feb 15, 2010 5:57:16 PM PST] InvestorsLive what do I mean… coupled ideas

[Feb 15, 2010 5:57:23 PM PST] InvestorsLive 52s + HODs + red/green

[Feb 15, 2010 5:57:24 PM PST] InvestorsLive or….

[Feb 15, 2010 5:57:30 PM PST] InvestorsLive 52s + red/green + late day move

[Feb 15, 2010 5:57:44 PM PST] InvestorsLive or Darkside watches + late day fade + green to red

[Feb 15, 2010 5:57:59 PM PST] InvestorsLive the more combinations you can put together many times the more confident I am with a play

[Feb 15, 2010 5:58:23 PM PST] InvestorsLive darkside watch + re-test HOD late in the afternoon + 52 week high = major brekaout potential

[Feb 15, 2010 5:58:29 PM PST] InvestorsLive things like that

[Feb 15, 2010 5:58:37 PM PST] InvestorsLive so RDN I know many nailed..

[Feb 15, 2010 5:59:05 PM PST] InvestorsLive one other one

[Feb 15, 2010 5:59:07 PM PST] InvestorsLive http://i48.tinypic.com/1077s00.png

[Feb 15, 2010 5:59:19 PM PST] InvestorsLive WPRT

[Feb 15, 2010 5:59:29 PM PST] InvestorsLive You can see the $12s consolidation that I talked about in the prior 2

[Feb 15, 2010 6:00:06 PM PST] InvestorsLive so thats the whole number cross… held

[Feb 15, 2010 6:00:17 PM PST] InvestorsLive much like Muddy mentions a lot

[Feb 15, 2010 6:00:24 PM PST] InvestorsLive watch for HOD break/test/hold

[Feb 15, 2010 6:00:27 PM PST] InvestorsLive for an entry

[Feb 15, 2010 6:00:31 PM PST] InvestorsLive let it prove itself first

[Feb 15, 2010 6:00:50 PM PST] InvestorsLive Any questions so far?

[Feb 15, 2010 6:00:54 PM PST] InvestorsLive only have a few left..

[Feb 15, 2010 6:01:02 PM PST] InvestorsLive questions about what I’ve gone over so far?

[Feb 15, 2010 6:01:32 PM PST] thedonger Are you using other indicators like Bollingerbands, etc?

[Feb 15, 2010 6:01:36 PM PST] InvestorsLive nope

[Feb 15, 2010 6:01:39 PM PST] InvestorsLive 1 min candlestick

[Feb 15, 2010 6:01:41 PM PST] InvestorsLive + volume

[Feb 15, 2010 6:01:50 PM PST] InvestorsLive and I look at daily chart

[Feb 15, 2010 6:01:56 PM PST] InvestorsLive like this

[Feb 15, 2010 6:02:05 PM PST] InvestorsLive http://bit.ly/985e9x

[Feb 15, 2010 6:02:11 PM PST] InvestorsLive Bollinger bands I feel are hindsight

[Feb 15, 2010 6:02:15 PM PST] InvestorsLive they always make more sense after the fact

[Feb 15, 2010 6:02:27 PM PST] InvestorsLive you can look at bollinger bands today

[Feb 15, 2010 6:02:49 PM PST] InvestorsLive and they will look completely different

[Feb 15, 2010 6:02:50 PM PST] Ironman yes i found taht out also when using them

[Feb 15, 2010 6:02:56 PM PST] InvestorsLive than when you look at them during the day

[Feb 15, 2010 6:03:00 PM PST] InvestorsLive so I don’t fool with that crap

[Feb 15, 2010 6:03:17 PM PST] Laura we are def. believers in Bollinger Bands on the 3 month daily charts we use at night though.

[Feb 15, 2010 6:03:20 PM PST] Ironman then when i looked back at them eod i was like wow didnt see that like that earlier

[Feb 15, 2010 6:03:25 PM PST] InvestorsLive yes… daily etc

[Feb 15, 2010 6:03:27 PM PST] InvestorsLive I agree

[Feb 15, 2010 6:03:27 PM PST] InvestorsLive but

[Feb 15, 2010 6:03:30 PM PST] InvestorsLive intraday

[Feb 15, 2010 6:03:42 PM PST] InvestorsLive just noise

[Feb 15, 2010 6:03:48 PM PST] InvestorsLive any other questions so far?

[Feb 15, 2010 6:03:49 PM PST] thedonger Same thing with moving averages then? Not used intraday.

[Feb 15, 2010 6:03:50 PM PST] Laura agree

[Feb 15, 2010 6:03:54 PM PST] InvestorsLive with what I’ve gone over

[Feb 15, 2010 6:03:58 PM PST] InvestorsLive I use use MA’s…

[Feb 15, 2010 6:04:06 PM PST] InvestorsLive EMA’s I use 13 EMA sometimes for fun

[Feb 15, 2010 6:04:09 PM PST] InvestorsLive if I want to swing something

[Feb 15, 2010 6:04:18 PM PST] InvestorsLive to see a potential buy spot.. but nothing else

[Feb 15, 2010 6:04:38 PM PST] InvestorsLive “I also have a scan question. During the trading day you often give synbols that “hit scan”. I was wondering what scan you are using here. I assume it is Equity Feed but wondered if there was something through Stockfetcher that may be available.”

[Feb 15, 2010 6:04:46 PM PST] InvestorsLive Yes Equityfeed it is

[Feb 15, 2010 6:04:56 PM PST] InvestorsLive It’s only for OTCBBs and Pinks

[Feb 15, 2010 6:05:14 PM PST] InvestorsLive look for those that have luqidity, over $100k 100k shares high amount of trades and near HODs

[Feb 15, 2010 6:05:30 PM PST] InvestorsLive couple it all together and you’ve got a scan near mine… I post them thru the day as to which I am looking at…

[Feb 15, 2010 6:05:42 PM PST] Laura Muddy‘s “hit scan” means SF scan

[Feb 15, 2010 6:05:55 PM PST] InvestorsLive those with liquidity I will trade around… those closing nicely with a tight spread I’ll probably hold over

[Feb 15, 2010 6:05:58 PM PST] InvestorsLive and yes Mud also runs one

[Feb 15, 2010 6:05:59 PM PST] InvestorsLive around noon

[Feb 15, 2010 6:06:01 PM PST] InvestorsLive which is SF

[Feb 15, 2010 6:06:07 PM PST] InvestorsLive many times they over lap

[Feb 15, 2010 6:06:11 PM PST] InvestorsLive on some tickers

[Feb 15, 2010 6:06:37 PM PST] InvestorsLive And last question I had

[Feb 15, 2010 6:06:43 PM PST] InvestorsLive Is it possible for you to give us further insight into how you know when a buying the dips approach into a promoted stock such as BLGW PEPR CNWI will no longer produce profitable results. Is there some type of volume or price pattern that you look for. For example, on Thursday, you bought into the first the dip on PEPR which actually made the stock trade negative on the day while I panicked a little and said this may not hold up here you were confident that a buy the dips approach on that particular stock would be profitable. Are you still looking to buy dips on PEPR next week or has that stock run its course and you will move on to the next promotion.

[Feb 15, 2010 6:07:07 PM PST] InvestorsLive I traded PEPR like I traded MDCE ….

[Feb 15, 2010 6:07:22 PM PST] InvestorsLive I traded MDCE heavily and PEPR heavily so far…

[Feb 15, 2010 6:07:29 PM PST] InvestorsLive applying what I saw in MDCE to PEPR since very similar

[Feb 15, 2010 6:07:43 PM PST] InvestorsLive I can’t really “teach” how to do it… it will come with time as you trade them more nad more

[Feb 15, 2010 6:07:54 PM PST] InvestorsLive nor would I suggest it… I take nice risk at times that pay off well BUT

[Feb 15, 2010 6:08:06 PM PST] InvestorsLive I only do it when I have big profits to cushion me

[Feb 15, 2010 6:08:53 PM PST] InvestorsLive I put myself on the other side of the trade

[Feb 15, 2010 6:09:02 PM PST] InvestorsLive and I’m good at reading into panic, level 2 etc

[Feb 15, 2010 6:09:22 PM PST] InvestorsLive that’s why I say don’t follow – I will put my risky trades out there so those that want the risk and know how to do it… can see what I’m thinking

[Feb 15, 2010 6:09:48 PM PST] InvestorsLive but again would not recco if you have to ask

[Feb 15, 2010 6:09:51 PM PST] InvestorsLive when and where to buyu

[Feb 15, 2010 6:09:51 PM PST] InvestorsLive buy

[Feb 15, 2010 6:09:57 PM PST] InvestorsLive it’ll come… its just not for you now

[Feb 15, 2010 6:10:11 PM PST] InvestorsLive just watch each one when I post them… watch the heavy tankers and over time… you’ll pick up on it

[Feb 15, 2010 6:10:17 PM PST] InvestorsLive AND

[Feb 15, 2010 6:10:27 PM PST] InvestorsLive you may never even trade them!

[Feb 15, 2010 6:10:33 PM PST] InvestorsLive I see Muddy onec and a while… picks them up but

[Feb 15, 2010 6:10:40 PM PST] Laura if new to trading, PLEASE leave these alone for now.

[Feb 15, 2010 6:10:40 PM PST] InvestorsLive most times doesn’t… .. why risk it if you don’t have to

[Feb 15, 2010 6:10:46 PM PST] InvestorsLive yes

[Feb 15, 2010 6:10:53 PM PST] InvestorsLive and agian.. leave you with this note we mention a lot

[Feb 15, 2010 6:10:57 PM PST] InvestorsLive we trade symbolsssssssssssssssssss

[Feb 15, 2010 6:10:59 PM PST] InvestorsLive NOT companies

[Feb 15, 2010 6:11:10 PM PST] Laura don’t feel like you are going to miss the trade.

[Feb 15, 2010 6:11:14 PM PST] InvestorsLive so if you ask “Hey this comp has the cure for cancer.. what do you think”

[Feb 15, 2010 6:11:19 PM PST] InvestorsLive you’re in the wrong chat room

[Feb 15, 2010 6:11:21 PM PST] InvestorsLive 🙂

[Feb 15, 2010 6:11:29 PM PST] InvestorsLive yes and on Laura‘s note…

[Feb 15, 2010 6:11:32 PM PST] InvestorsLive it is OK to MISS a trade

[Feb 15, 2010 6:11:47 PM PST] Laura like I say, stocks are like a bus, if you miss one, another comes along in 15 min.

[Feb 15, 2010 6:12:08 PM PST] Ironman 🙂

[Feb 15, 2010 6:12:12 PM PST] Ironman i like taht L

[Feb 15, 2010 6:13:42 PM PST] Laura anyways, the best advice I think is to learn the tickers, learn the tickers, learn the tickers.

[Feb 15, 2010 6:13:52 PM PST] InvestorsLive stuff like BLGW

[Feb 15, 2010 6:13:57 PM PST] InvestorsLive I play the original move…

[Feb 15, 2010 6:14:02 PM PST] InvestorsLive after the original move it gets tough

[Feb 15, 2010 6:14:08 PM PST] Laura when Muddy says former runner, he and I both know we have seen it multiple times over the years.

[Feb 15, 2010 6:14:16 PM PST] InvestorsLive before BLGW dipped people aren’t as trigger happy

[Feb 15, 2010 6:14:23 PM PST] InvestorsLive no one had a loss in BLGW

[Feb 15, 2010 6:14:33 PM PST] InvestorsLive http://bit.ly/d68fzl

[Feb 15, 2010 6:14:37 PM PST] InvestorsLive until the other day

[Feb 15, 2010 6:14:39 PM PST] InvestorsLive Friday

[Feb 15, 2010 6:14:46 PM PST] InvestorsLive so now.. peoples hands are on the trigger

[Feb 15, 2010 6:15:01 PM PST] InvestorsLive before… everyone was smiling ear to ear

[Feb 15, 2010 6:15:10 PM PST] Laura and the psych part not as easy then

[Feb 15, 2010 6:15:14 PM PST] InvestorsLive yup

[Feb 15, 2010 6:16:03 PM PST] InvestorsLive Again I know many hate reading but few folks last week after hours… could REALLY get ahead of the game by taking literally 30 minutes each night

[Feb 15, 2010 6:16:04 PM PST] InvestorsLive http://www.investorsunderground.com/dashboard/

[Feb 15, 2010 6:16:06 PM PST] InvestorsLive review past 2 seminars

[Feb 15, 2010 6:16:09 PM PST] Ironman basically biter shareholders wanting to get out at best price possible

[Feb 15, 2010 6:16:12 PM PST] InvestorsLive where there are screen shots of set ups

[Feb 15, 2010 6:16:13 PM PST] InvestorsLive like tonight

[Feb 15, 2010 6:16:22 PM PST] InvestorsLive to become familiar with set ups

[Feb 15, 2010 6:16:49 PM PST] InvestorsLive again during day… feel free to PM me, Mud etc

[Feb 15, 2010 6:16:59 PM PST] InvestorsLive I help a lot of people during the day and don’t mind it

[Feb 15, 2010 6:17:09 PM PST] InvestorsLive but do mind those that come that haven’t even opened a page of a seminar 🙂

[Feb 15, 2010 6:18:30 PM PST] InvestorsLive any further questions?

[Feb 15, 2010 6:19:09 PM PST] InvestorsLive http://www.investorsunderground.com/2010/02/15/scans-for-021610-from-InvestorsLive/

[Feb 15, 2010 6:19:33 PM PST] InvestorsLive SANM .. I like

[Feb 15, 2010 6:20:11 PM PST] InvestorsLive PEPR .. guys that are asking .. what do you think what do you think.. I’d suggest selling prob into the push tomorrow AM

[Feb 15, 2010 6:20:25 PM PST] InvestorsLive cuz it broke red, broke chart … very possible it keeps going

[Feb 15, 2010 6:20:34 PM PST] InvestorsLive but

[Feb 15, 2010 6:20:40 PM PST] InvestorsLive who knows we’ll see how it plays

[Feb 15, 2010 6:20:47 PM PST] InvestorsLive but those that are asking what to do what to do

[Feb 15, 2010 6:20:49 PM PST] InvestorsLive you should be selling

[Feb 15, 2010 6:20:53 PM PST] InvestorsLive not for you

[Feb 15, 2010 6:22:13 PM PST] InvestorsLive and my recco is stick to the niche strategy we have here

[Feb 15, 2010 6:22:16 PM PST] InvestorsLive safer bets

[Feb 15, 2010 6:22:22 PM PST] InvestorsLive HOD list + high dayrangers

[Feb 15, 2010 6:22:31 PM PST] InvestorsLive coming off support levels ones you’re familiar with off scan

[Feb 15, 2010 6:22:35 PM PST] InvestorsLive ba da bing!

[Feb 15, 2010 6:23:37 PM PST] freeguy55 so if a stock is on the move and u think it will still will go higher, what types of clue would u give us in chat beside HOD….

[Feb 15, 2010 6:23:56 PM PST] InvestorsLive I gave 3 examples tonight freeguy

[Feb 15, 2010 6:24:00 PM PST] freeguy55 so we can trade it

[Feb 15, 2010 6:24:01 PM PST] InvestorsLive of chart patterns I look for

[Feb 15, 2010 6:24:04 PM PST] InvestorsLive and consolidation patterns

[Feb 15, 2010 6:24:10 PM PST] InvestorsLive if you weren’t here I will be posting shortly

[Feb 15, 2010 6:24:35 PM PST] InvestorsLive I also had the chat logs right on the images

[Feb 15, 2010 6:24:46 PM PST] InvestorsLive so you can see the lingo

[Feb 15, 2010 6:24:53 PM PST] freeguy55 thanx

[Feb 15, 2010 6:24:57 PM PST] striker3x5 ok investor, did i mess up? i got in SKGO and it tanked on me fast, second trade ive done here should i leave these alone being new at this

[Feb 15, 2010 6:24:59 PM PST] InvestorsLive did u catch them?

[Feb 15, 2010 6:25:21 PM PST] InvestorsLive http://i48.tinypic.com/1077s00.jpg

[Feb 15, 2010 6:25:21 PM PST] freeguy55 yes

[Feb 15, 2010 6:25:29 PM PST] InvestorsLive http://i48.tinypic.com/107nz2s.jpg

[Feb 15, 2010 6:25:42 PM PST] InvestorsLive http://i47.tinypic.com/2gvkl6u.jpg

[Feb 15, 2010 6:25:44 PM PST] InvestorsLive there ya go

[Feb 15, 2010 6:25:53 PM PST] InvestorsLive pretty self explanatory.. same stuff we go over in chat

[Feb 15, 2010 6:25:54 PM PST] InvestorsLive applied

[Feb 15, 2010 6:26:04 PM PST] InvestorsLive if that doesn’t make sense lemme know

[Feb 15, 2010 6:26:56 PM PST] InvestorsLive any time you’re debating on a stock and/or have a question you see a set up similar to what I play feel free to shoot me a PM

[Feb 15, 2010 6:27:06 PM PST] Laura striker, what I said earlier

[Feb 15, 2010 6:27:07 PM PST] Laura (Feb 15-21:10) Laura: if new to trading, PLEASE leave these alone for now.

[Feb 15, 2010 6:27:11 PM PST] InvestorsLive here to help … but its the same set up over nad over

[Feb 15, 2010 6:27:23 PM PST] InvestorsLive ah missed his question

[Feb 15, 2010 6:27:23 PM PST] InvestorsLive (Feb 15-21:24) striker3x5: ok investor, did i mess up? i got in SKGO and it tanked on me fast, second trade ive done here should i leave these alone being new at this

[Feb 15, 2010 6:27:31 PM PST] Laura we want you to keep your $$

[Feb 15, 2010 6:27:45 PM PST] InvestorsLive SKGO as I always say in the sub room … I don’t like unless small portion of ur portfolio

[Feb 15, 2010 6:27:54 PM PST] InvestorsLive SKGO is what I call the “back side” of the promo

[Feb 15, 2010 6:27:57 PM PST] InvestorsLive like I explained with BLGW

[Feb 15, 2010 6:27:59 PM PST] InvestorsLive easy part is over

[Feb 15, 2010 6:28:07 PM PST] InvestorsLive I rarely play back sides

[Feb 15, 2010 6:28:10 PM PST] InvestorsLive except the first bounce

[Feb 15, 2010 6:28:19 PM PST] InvestorsLive ie: NXTH ISCO JYHW CHTL

[Feb 15, 2010 6:28:23 PM PST] InvestorsLive and now… rarely trade them

[Feb 15, 2010 6:28:28 PM PST] InvestorsLive we played the whole move up…

[Feb 15, 2010 6:28:31 PM PST] InvestorsLive the first big bounces

[Feb 15, 2010 6:28:38 PM PST] InvestorsLive now… you’ve seen the tickers kinda sneak away….

[Feb 15, 2010 6:28:54 PM PST] Laura and most will fade away

[Feb 15, 2010 6:29:14 PM PST] InvestorsLive then watch for sideways price action… and break off it much like MEDG http://bit.ly/di7iee

[Feb 15, 2010 6:29:25 PM PST] InvestorsLive when I alerted for swing

[Feb 15, 2010 6:30:30 PM PST] InvestorsLive any other questions guys?

[Feb 15, 2010 6:31:13 PM PST] InvestorsLive hopefully tied some stuff together again tonight…

[Feb 15, 2010 6:31:33 PM PST] InvestorsLive if u guys having trouble during day.. feel free to PM ..

[Feb 15, 2010 6:31:39 PM PST] InvestorsLive have a good night all!

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