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We focus on trading strategies that have historically given traders a significant edge when it comes to investing in the stock market. We have worked under and have been trained by some of the top investors of the past 25 years including WILLIAM O’NEIL(bestselling author and founder of... More
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Better Stock Entries
  • Gameplan for Friday January 15th-Stocks to Close 0 comments
    Jan 16, 2010 4:05 PM | about stocks: CAGC, TLEO, ARST, TSTC, AONEQ, ULTA, CACC, AMZN, WMB, UPS, BRF

    Gameplan for Friday January 15th

    The market closed up for the day but we did have some pretty brutal whipsaws. For example if you bought our ARST and  CAGC setup f rom last night the stocks popped up around 5% intraday only to reverse and close lower for the day.

    Take a look at some of our open positions that were way up today but reversed to close way off the highs.

    TLEO

    TSTC

    AONE is ugly may close whole position

    Whipsaws like this, especially during earning season makes things far less predictable .  We will start to close out all choppy positions and if later on the opportunities present themselves then we will get back in at that time

    Positions to Close
    We don't mess around with a stock that was up huge and ends up closing way off it's highs for the day on heavy volume.

    Close AONE

    ULTA take profits if not already

    CACC example of a strong stock at 10 period MA

    AMZN closeout if trades lower

    Close 1/2 of TLEO possibly entire position tomorrow

    Close UPS

    Close WMB

    Close BRF

    NEW POSITIONS

    No new positions for Friday, January 15

    We should have some more updates intraday

    Thanks,
    www.betterstockentries.com

    Disclaimer:

    betterstockentries.com ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

    It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

    HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.



    Disclosure: No Positions
    Stocks: CAGC, TLEO, ARST, TSTC, AONEQ, ULTA, CACC, AMZN, WMB, UPS, BRF
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