Blaine Tarr
05-01-2012, 02:58 AM
After an emotional today at the hospital thanks to my girlfriend's dad having a serious heart attack but lucky surviving, I am leaving the April offers in effect for a few more days. No, its not because I 'need' members or that they are leaving. In fact I have over 90% retention month over month. We have about 30 members currently and I see this growing faster and faster as time progresses. Just like any product or service, with increased demand comes higher prices. Therefore, I still will be raising the rates for new members very soon; if not by the end of the week. It just comes down to me not having the time to change the plans yet.
As mentioned above, I spent most of today in the hospital. I just got home a few minutes ago and therefore may be late to the chat room as I try to get some sleep and re-coup emotionally. I plan on doing a full blog post about the events that transpired today as a motivational piece for traders. Stay Tuned.
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Finally sold my LQMT today. Out at .4779 from .294 last week. Solid smaller play that still brought in over $300 bucks profit for me. Still holding XOMA HUSA and bought some NEOM as a swing today as well. HUSA has to bounce or I'm done with it. I'm green on both XOMA and NEOM at the moment.
The List for Tuesday:
EDS - momo watch, gaps up probably stay away, opens sideways/weak, might be worth the buy on the first hod b/o to get towards 4.00+ Seems to be a bunch of resistance at 4.20 as possible target if it can get through Monday's hod about 3.85.
SGOC - consolidating past few days; in an uptrend too. I would argue its in one of my favorite patterns (daily chart) I suggested in the first seminar (members if you haven't read the first seminar powerpoint/chat log, its a must!) If the trend on daily b/d then stay away otherwise this little inching up trend probably gets another wild move before finally coming back to Earth. This low floater has been absolutely ridiculous lately.
HUSA - Volume slowed Monday, could go either way from here. Current support 2.15, resistance 2.50; at least those are the spots I'm watching to tell me which way it is most likely headed. And you should be too; trade it accordingly. Since I'm already in, you should be able to guess what my stop is based on what I just wrote. If you can't please study more (Again 1st seminar comes in handy) or email me! I'm here to help you learn.
IFT - Watch the 4 spot. Big gap to fill on the daily chart towards 6.00. Might not get there, but it should take a stab at it if it cross 4.00. Play the trend.
CLNT - Check 60 minute chart. Been making higher lows since mid-April. I like the 6 break for a possible run back towards 8/8.50.
NEOM - I took this as a swing as it tries to bounce off .01. Just a gamble really. Would love to see it consolidate just above .01 for a few days before heading higher again, but if .01 fails, well I'll cut my loss.
TCX - big volume increase again Monday. Watch for 52h b/o over 1.48 to take it long for a push over 1.50 maybe towards 1.75 over next few days.
ROYL - daily chart downtrend test coming tomorrow off March highs. You know the drill.
Others: RCON VRNG BLDP KWK EGT LPHI LDK EXM PRTS WG (Yep still going from 4.00 b/o a few weeks back (http://onlinetradersforum.com/showthread.php?t=628101) if anyone pays attention to these watchlists)
WG - Bottom chart and can move, watch the 4.00 spot in the morning.
OTC's: MDCE MDCE MDCE BLEW SEFE LQMT EEDG
MDCE should be your top true penny watch for Tuesday. Huge news/volume hit late day Monday.
Over $10: AH & MDRX - both beat down big last week looking for a couple dollar bounces.
As mentioned above, I spent most of today in the hospital. I just got home a few minutes ago and therefore may be late to the chat room as I try to get some sleep and re-coup emotionally. I plan on doing a full blog post about the events that transpired today as a motivational piece for traders. Stay Tuned.
-------------------------------------------------------------------------------------
Finally sold my LQMT today. Out at .4779 from .294 last week. Solid smaller play that still brought in over $300 bucks profit for me. Still holding XOMA HUSA and bought some NEOM as a swing today as well. HUSA has to bounce or I'm done with it. I'm green on both XOMA and NEOM at the moment.
The List for Tuesday:
EDS - momo watch, gaps up probably stay away, opens sideways/weak, might be worth the buy on the first hod b/o to get towards 4.00+ Seems to be a bunch of resistance at 4.20 as possible target if it can get through Monday's hod about 3.85.
SGOC - consolidating past few days; in an uptrend too. I would argue its in one of my favorite patterns (daily chart) I suggested in the first seminar (members if you haven't read the first seminar powerpoint/chat log, its a must!) If the trend on daily b/d then stay away otherwise this little inching up trend probably gets another wild move before finally coming back to Earth. This low floater has been absolutely ridiculous lately.
HUSA - Volume slowed Monday, could go either way from here. Current support 2.15, resistance 2.50; at least those are the spots I'm watching to tell me which way it is most likely headed. And you should be too; trade it accordingly. Since I'm already in, you should be able to guess what my stop is based on what I just wrote. If you can't please study more (Again 1st seminar comes in handy) or email me! I'm here to help you learn.
IFT - Watch the 4 spot. Big gap to fill on the daily chart towards 6.00. Might not get there, but it should take a stab at it if it cross 4.00. Play the trend.
CLNT - Check 60 minute chart. Been making higher lows since mid-April. I like the 6 break for a possible run back towards 8/8.50.
NEOM - I took this as a swing as it tries to bounce off .01. Just a gamble really. Would love to see it consolidate just above .01 for a few days before heading higher again, but if .01 fails, well I'll cut my loss.
TCX - big volume increase again Monday. Watch for 52h b/o over 1.48 to take it long for a push over 1.50 maybe towards 1.75 over next few days.
ROYL - daily chart downtrend test coming tomorrow off March highs. You know the drill.
Others: RCON VRNG BLDP KWK EGT LPHI LDK EXM PRTS WG (Yep still going from 4.00 b/o a few weeks back (http://onlinetradersforum.com/showthread.php?t=628101) if anyone pays attention to these watchlists)
WG - Bottom chart and can move, watch the 4.00 spot in the morning.
OTC's: MDCE MDCE MDCE BLEW SEFE LQMT EEDG
MDCE should be your top true penny watch for Tuesday. Huge news/volume hit late day Monday.
Over $10: AH & MDRX - both beat down big last week looking for a couple dollar bounces.