Sunday, January 01, 2006

Hau'oli Makahiki Hou!

New Swing Longs: MYE OPLK VIMC AIS

Longs Outperforming Market: MFLX-140% RES-105% EMKR-85% MNG-76% HITK-48% RTK-38% SLW-29% FWLT-28% MDCC-26% IHOP NAK IDSY VSEC SEED ENER TLWT SKIL DDD ARXX NTO DSGX

New Swing Shorts: RSYS

Shorts Outperforming Market: BMHC

Stocks On Radar Screen: KFX STX WDC OMNI TBIO

4 comments:

The Trading Digest.com said...

On MYE, curious as to if you'd look for a break of the 14.69 high on 12/22 prior to an entry?

Joshua "MauiTrader" Hayes said...

With the volume action along with the current price action, I am going to take it before the breakout. This is the pre-breakout volume confirmation that I look for in a successful stock.

If it fails and closes below 14.30 I am out with a much smaller cut loss than if I wait for breakout. The stock should breakout here. The volume is a day early but the breakout should occur.

If it doesnt cut that loss at a close below 14.30

Anonymous said...

DROOY picked up a good high today. The stock broke resistance at $1.55. The trend is doing good with strong volume. The next resistance could be at $2.30. By looking at the chart it seems we will hit another high tomorrow. Do you think it will hit a high tomorrow?

Thanks for the blog. Read it everyday.

Joshua "MauiTrader" Hayes said...

I wish I could predict the future but I can not.

Who cares if it goes higher tomorrow? The big trend says that in time this stock should be much higher. Remember, I never buy a cheap stock unless the pattern suggest it could double.

What it does tomorrow? NO ONE KNOWS EVER. :)

Aloha. Thank you for reading everyday. I really really appreciate it. :)