March 31st

The ADP numbers came in horrible and the dow is getting pounded because of it. Have a couple scalps from the scan:

MGI 3.59 - 3.46

MTSN 4.64 - 4.51

March 30th

Got long JDSU yesterday and we closed 3 cents below my entry....which just happened to be the high of the day. Lucky me. A break above 12 is what I am hoping for today. I never liked anything from the scan which is a first so I will either trade POT today or if something from the weekly triggers I will enter there.

March 29th

Found a few from the scan:

DELL 15.00 - 14.70 (daily)

F 14.30 - 12.81 (weekly)

GNW 17.80 - 15.30 (weekly)

HD 32.98 - 32.14 (weekly)

JDSU 11.98 - 10.58 (weekly)

LUV 13.30 - 12.71 (weekly)

Thursday March 25th

I shorted the Dow Futures at the open selling the 3 point. Brought me in by 2 ticks....went up and stopped me out by 3 ticks before moving to my target later in the session. If that setup were in the Euro or Gold I would have banked profits but the indexes don't seem to have any followthrough anymore. If its not a currency or commodity I don't think I will trade it from now on. Anyhow lost 155 bucks so not a real big deal. I also bought POT at the end of the day and held it overnight. Guess we will find out how smart that was when we open this morning. Here are 4 from the scan:

TLB 11.32 - 10.96

SKS 9.20 - 8.94 (scalp)

PPS 21.65 - 21.37

CAKE 27.74 - 27.42

Wednesday March 24th

I was in the dow futures at the open which is not really when I like to be trading them but a signal is a signal (which was a keybar up on the 1 hour chart off of the 24 m/a) The market screamed higher and I quickly rolled to b/e +1. Then the market promptly turned around in the next 5 mins and stopped me out. At least I tried. On the stock trading front we had a nice day. I sold ELN and was in and out of SPF turning a 430 dollar profit in the process on both. The scan did not yield much unless you want massive sized stops. I did write one of em down and will trade substantially less shares because of the size of the candle. Maybe its a day to trade POT instead.

PAG 16.09 - 15.30

Tuesday March 23rd

Still holding onto ELN and it is now in the black so hopefully with a pop this morning I can get out of this one. There were major signals in the scan and I never went through em all but I found 4 that looked good. AA has a weekly fibwit and now a daily one so if we trigger it should move.

GERN 5.95 - 5.78

SPF 4.38 - 4.15

AA 14.45 - 13.90

MWW 17.06 - 16.50

Monday March 22nd

Got stopped out of FOE on friday and took my hit. Still hanging onto ELN but the dow futures are down 50 currently so maybe not for long on that one either. Found 2 daily and 2 weekly keybars in the scan:

PNK 9.33 - 8.90 (daily)

WNR 5.08 - 4.91 (daily)

AA 14.82 - 13.35 (weekly)

CVX 75.16 - 72.85 (weekly)

Friday March 19th

Had a mixed day yesterday. The good news is that I made 15 ticks on 2 trades in the euro. The bad news is that the 2 stocks that I have dropped getting me close to stop out levels. I didn't like much from the scan but got one for a scalp:

HLIT 6.48 - 6.39

Thursday March 18th

Did a trade in the Euro yesterday and managed to take 3 ticks. Was going for 10 but it just wasn't moving so I grabbed what I could. Also sold SLE for a push. Yet another push. Bought ELN at the open and it closed at my break even so we will see what happens there. Here are a couple from the scan:

CYD 16.10 - 15.21

FOE 8.50 - 8.24

Wednesday March 17th

Two things happened yesterday. I sold JBLU for a push and SLE rose 12 cents on the day. I need a little pop this morning and I think I get outa that one. I liked 3 from the scan:

ELN 7.46 - 7.23

AMKR 6.85 - 6.51

VVUS 9.21 - 9.01

Tuesday March 16th

Got a fill in JBLU after it triggered and pulled back. It closed up 4 cents from where I bought it. Thats the good news. The bad news is SLE dropped 12 cents on the day. We have FOMC report out at 12:15 my time which will rattle the market. Decisions about interest rates always do and I dont like trading into fomc report days. A little pop in the morning and I will bail on my positions...(if SLE can make it that far) and sit on the sidelines until after that report is out. For you crazy bastards that like a little excitement and want a scalp here are a couple from the scan:

AMD 8.95 - 8.80

KEY 7.58 - 7.30

Monday March 15th

Got long SLE and price closed 2 cents lower from my entry on the day. Its a weekly fibwit so I will have to be more patient on that one. I didn't like much from the daily scan but the weekly scan produced a few that I liked:

JBLU 5.47 - 5.11

SWY 25.07 - 24.31

WLP 63.95 - 61.25

Friday March 12th

Nothing done yesterday. Big retail sales report out in the US this morning which will give a directional bias to the market for the day. There were huge buys in the scan, just like all week and I managed to get it down to 5:

SLV 16.84 - 16.56

F 12.97 - 12.75

KG 12.29 - 12.14

RL 82.76 - 81.39

SLE 14.05 - 13.75

Thursday March 11th

Cleared 250 yesterday but could have been way more. Not complaining mind you, cause I finally got over that stupid number thats been holding me back for a few weeks now. Lets move on to today.

ANF 43.74 - 42.93

MSCC 17.00 - 16.60

NU 26.73 - 26.34

TE 15.96 - 15.73

VFC 79.99 - 79.33

Wednesday March 10th

Got filled in ACI yesterday and also had some positive gains in KCI. But wait.....I just read on google finance that a virdict is coming down today on some patent infringements. KCI is sueing another company and the jury had been in deliberation for 8 days. CRIPES! Hopefully get outa that one before the virdict is read. Here are 4 from the scan:

KG 12.29 - 11.98

MAN 56.10 - 55.05

NUE 45.32 - 44.31

PQ 6.34 - 6.04

Tuesday March 9th

Got a fill in KCI yesterday. Never closed real great but will see what happens today. The orders I had for my weekly stocks all came within 2 cents of filling me and then backed off. I think I am gonna try those ones again today and I found 3 more on the daily scan too:

DRL 3.83 - 3.63

ETFC 1.68 - 1.64

PMTC 18.26 - 17.91

Monday March 8th

The dow futures are virtually unchanged overnight and with no reports out of the US today we could have a choppy day ahead. I found 2 daily and 3 weekly stocks that I like:

CEPH 70.98 - 69.94 (daily)

KCI 43.08 - 42.32 ( daily)

ACI 24.61 - 22.50 (weekly)

AMD 8.70 - 7.94 (weekly)

SLE 14.04 - 13.56 (weekly)

Friday March 5th

Never traded any stocks yesterday but did manage to trade gold futures a bit. Employment numbers out this morning...will be volatile so be careful. Here are a few from the new scan:

BX 14.36 - 14.06

CLF 58.94 - 56.46

CRM 70.93 - 70.00

PTV 24.67 - 24.42

Thursday Mar 4th

Never traded anything yesterday....tried gold a couple of times and POT once but price went the other way and I never got a fill. For today:

ALK 36.90 - 35.99

ASIA 27.65 - 26.43

LVS 17.41 - 16.90

VCLK 9.90 - 9.67

Wed Mar 3rd

A couple of high impact reports out this morning both before and after the open to be wary of. There wasn't much to choose from in the scan but I managed to mark a couple down:

DLTR 56.10 - 54.95

FULT 9.65 - 9.42

Flat

I sold both ACE and MET today. After the strong open neither one was moving so I bailed on ACE with a push and made 40 bucks on MET. Geez this is getting harder and harder all the time. Its just like things are coiling up for a big move, the only problem is that I don't know which way that move will be. The dow went in the red just now for the first time today and if we close around here we will have a keybar down on a daily chart. Maybe get a pullback tomorrow and glad to be out of positions that were not going up anyhow. Reset and go again tomorrow.

Tuesday March 2nd

Still holding onto ACE and MET. ACE ran right into the 50.50 resistance area yesterday and held there. A break above there this morning and I am golden. A failure there and I bail with what I can get. The leash is getting tight on that one. MET fell back a little from my entry price but nothing to get too worried about, after all it is a weekly fibwit and more patience is needed for this one. Both AMR and LVS gapped my entry and ran all day long never looking back. The dow futures are up 50 in the premarket with no real reports out today so hopefully a little pop here and I can book some profits. I found 3 in the scan that I liked:

ABC 28.25 - 27.75

AOI 5.19 - 5.05

KR 22.47 - 22.02

MET

Got filled in MET on the pullback just now at 36.62. Still in ACE with my stop at 49.80.

March 1st

Nothing much in the daily scans over the weekend so I have a few picks on the weekly scan. Keep in mind that a weekly trade has a significantly larger stop and less shares must bought. Also it is a longer term trade with a larger stop. I am still holding ACE with a stop loss in at 49.80.

AMR 9.25 - 8.56

LVS 16.78 - 15.50

MET 36.61 - 34.37

WLP 62.99 - 57.91