Category Archives: Trends

Back to Basics – PMCS

Posted on January 14, 2010 by Tom

PMCS made a hammer on its daily chart, right at the 200 DMA.  Hammers at the bottom of a trend channel are usually an indicator of a trend change.  This assumes some heavy volume, which with PMCS is questionable.  Volume … Continue reading →

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Would You Buy CY?

Posted on January 11, 2010 by Tom

Well would you?  It made an all time high on Friday but the volume isn't overly impressive, relatively speaking.  Well would you buy it?

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Back To Basics – Reviewing MYL & NEP Recap

Posted on January 9, 2010 by Tom

ITs back to basics for me.  I'm spending more time looking at candlestick formations again for potential clues.  Today's review is MYL. MYL looks in trouble.  Its had a nice trend run but on Friday it gapped lower on heavy … Continue reading →

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The Crash And Burn In AIRT

Posted on January 9, 2010 by Tom

I dabbled in the AAII.com screens for a bit  this year and bought AIRT on 11/17/09 after it showed up on the Grahman Enterprising screen. I figured it was worth a shot.  I sold that POS on 12/28/09 for a … Continue reading →

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Current Position in SLXP

Posted on January 8, 2010 by Tom

Went long SLXP yesterday (1/7/10) @ $27.72.  So far so good! Let's see where she takes me.

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A Review Of My GOLD Trade

Posted on January 8, 2010 by Tom

When I started formulating my simplified trading strategy, I tested it out on GOLD.  GOLD made a new all time high on high volume on 5/20, I entered on 5/21.  Needless to say, I caught a small portion of the … Continue reading →

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Current Position in V

Posted on January 8, 2010 by Tom
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Current Position in WCRX

Posted on January 7, 2010 by Tom
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Would You Buy SLXP Now?

Posted on January 7, 2010 by Tom

Lately every new all time high appears to be Pharma related.  Today's scan picked up Salix Pharma (SLXP) and it looks tantalizing.  Its got lots of heavyish volume on gaps higher but gaps are sometimes doomed to fill themselves, or … Continue reading →

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Southwestern Energy (SWN) Popped Up!

Posted on January 6, 2010 by Tom

SWN showed up on my screens cause it keeps making new highs. The question is, would you buy it now?  

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Long TEVA

Posted on January 4, 2010 by Tom

I went long TEVA today.  My new trend system said to get long and hold tight.   .

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Australian Dollar Trend Broken, For Now Anyway

Posted on December 30, 2009 by Tom

The Aussie Dollar broke its trend, according to my system on December 16, 2009. This coupled with the recent breakdown of Gold makes me wonder if the shiny stuff is taking a breather or the global economy is truly in the … Continue reading →

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