Stock Watchlist 1.12.11 ” Chat is where it’s at”
Pretty rock solid day Tuesday that started of with a bang when I hit REDF at the right time . Twenty minutes later I was out for a 7% gain. There were some other sweet plays but not just from me. “Bender” scored nice on REDF and HDY longs and “Bob in Miami” kept us updated on the cheap coals that he has banked 20k on since October and we know “sparky” is doing her best to make trades while planning for her daughters wedding this Saturday, what a trooper.
There were about 9 new LincolnList members on Monday/Tuesday but only 2 showed up in chat. I will tell you now that the chat room is where the alerts and set ups get discussed and planned out. To get the most out of the service make sure you stop by. I usually stumble in about 8.30 to 8.45 am EST ( that’s 5.30 am my time you know ). Below are my trades for Tuesday.
REDF (+1080) LNG (+220) KLIC ( -185 ). Total 3 trades 2 wins 1 loss =$1,113. All http://thelincolnlist.com/performance/
EEE SRZ TSTC KLIC EROC XIDE LNG
Scanners ( No analysis just charts ) LEDR
Previous watchers still in play: REDF SIFY ZAGG.
EEE
What a beast. Up an easy 100% in two days. They got a sweat pop from this garbage PR article here http://yhoo.it/g6SXGL I would have loved to hit this on the way up but now it’s a bit lofty up here. This is how it may play out. If it pops I may scalp the long trailing my stops up as soon as it begins to weaken I’ll short. If a gap down I look for a spike to short into.
SRZ
This is one of my favorite breakout patters. Take a look at the chart you’ll see it. As long as it’s stable it should run up some more from here.
TSTC
A Zerohedge smash article sent this thing to tank town in a hurry. I wouldn’t chase this down but maybe after it washout it could be a nice bounce play.
KLIC
I tried playing the breakout but got caught out in a flash dump. I would have to start leaning to the short side after this massive run. However, I wasn’t comfortable with the behavior of this stock when I was in it.
EROC
Another one of the sweet breakout charts I like because it’s a 52’s and has got some legs to it. Take a look. Could be a nice swing play like IGOI.
XIDE
Was a feature on watch two months ago. This stock is a continual runner. Now that it;s broken out it should continue. Had lots of strong volume to support the move. That’s exactly what you want to see.
LNG
Hit the short on this but I mistimed it. I needed to wait for it to break 7 as mentioned in chat. When my second order was filled below 7 it was game time. Nice win. Look for round 2 on Wednesday
LEDR
