Wednesday, September 13, 2006

Way behind...

Sorry to all my reader(s), if any, but I've been way behind in posting my watch lists and any commentary, along with any trading activity. But, I'll get you up to date right now.

Sold 1/2 my SHFL position this morning, although it occurred near the lows of the day. It is easy to forget that I am working on a system here, not trying to make the maximum on every trade. My current account balance makes it impossible for me to trade at any time and I am completely restricted to the trading windows provided by FolioFN. On the flip side, there are many instances where my trade goes through near the high of the day. In the end, it is likely a wash.

Details: Sold 5.89622 shrs @ $25.80 (almost 4% off the intraday high!).

As for stocks I'm watching. My tcl/tk script returned ~70 charts today (13th) and I like the following:

ATW, ESST, CRR, EGN, HYDL, OGE, STR, TCB, EOG, PEG, TXU

At least half of the stocks are energy plays as the entire sector is showing a nice bottom doji or engulfing. We'll see tomorrow. I'll also be watching the SHFL trade using my 1% trailing stop and targets.

Until tomorrow,
Masterjaz out

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