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The following list shows some of the holdings I have been able to have over the last month. Notice that each company is fundamentally strong... The date shows when it first appeared on my filter

If you have questions please contact me.

TDW		-1.06%				08/12/2007
BF		+3.90%				08/12/2007
HDNG		+24.58%				08/11/2007
CAM		+3.73%				08/11/2007
NVDA		+11.36%				08/02/2007
FLIR		+15.05%				07/31/2007
DRYS		+26.75%				07/31/2007
MBT		+3.70%				07/31/2007
ESI		+4.08%				07/31/2007
PCP		-4.96%				07/31/2007
GRMN		+17.67%				07/31/2007
FSTR		+20.42%				07/31/2007

Bollinger Band Squeeze

I am experimenting with another filter at the moment that looks for high quality stocks that are experiencing a bollinger band 'squeeze'. It basically looks for stocks where the BB's are the closest they have been for three months. It is likely that they will then 'pop' to a new high

Recent stocks:

VMSI

ROS

TDG

I have added them to my Nesteggr stock Ratings. Let's see what happens, should be fun!

Back in the seat

Well, vacation is over and it is time to get back onto the stock train.

My bottom bouncer filter has been pretty quiet this last ten days. It has only given :

SPWR: +13.39

Granted, this is a good return but I am used ot hvaing four five stocks a day. This reflects the market we are in. Everyone is jumping back into buying the high quality stock (what i concentrate on) and so there are very few over sold stocks showing up. I don't mind waiting as it doesn't lose me money!

A few people have asked how I find my stocks. Basically I have a list of 120 stocks that probably have some of the best fundamentals you can find. They are also from the strongest industries and have also shown a recent new high. I find these stocks by studying Investors Business Daily. It has taken some time but I now have a solid list that serves me very well.

From the list I then use Stock Fetcher to run some basic oversold filters. These filters are well documented on the site. I only run the filters within my master watchlist though. My system in not fancy but it brings great results.

Feel free to contact me if you have any other questions.

Review of stocks

This post should ave been put up on Tuesday. I got it on my nesteggr blog but not this one - apologies!


This week has been good on my KMaster filter:

Tomorrows pick - VIP

Last week's earnings:

KTII:+7.74%

VCO: +15.56

CAM:+4.90

TBSI: +40.71

NVT: +8.17

This filter is a bottom bouncer that looks for excellent performing stocks that are taking a breather.

My other filter has just thrown out:

ACUR

(Buy at start of day and sell at the start of the next day)

On a little break...

Will be back soon... I am sure the market will cope without my constant watching!
Till later!
TV

And now, for something completely different...

I love to try out new filters. I guess it is my never ending quest for the illusive 'Holy Grail'!

LLNW - 7.94
PXLW - 1.07
DECK - 95.05
SNCR - 31.10
GSOL - 17.40

This list is a bunch of oversold stocks that are ready to bounce. I will be placing a limited order on the price shown and will sell on the open of the following day (Tuesday). $5000 on each - just for fun.

Let's see what happens...

TV

HDNG is a buy for Monday morning

HDNG turned up on my Williams filter. It performed extremely well today (Friday) and is looking very bullish for monday.

5% increase - sell
8% decrease - sell


"Please remember that I am an amateur investor, so please remember to consult with your professional investment advisors prior to making any investment decisions based on information on this website."

Cam is a buy!

As I mentioned yesterday CAM is now a buy. It has appeared on my bollinger Band filter for a couple of days and went green today. This is a buy signal for me.

I have strict rules - sell at a 5% increase or an 8% decrease.

Let's see what happens!

TV
"Please remember that I am an amateur investor, so please remember to consult with your professional investment advisors prior to making any investment decisions based on information on this website."

Long Swings and Bollinger Bands

I have just returned from a few days away to discover once again that my usual style of investing / trading is not going to be possible. The market continue to be in a confirmed bearish decline and that is not good news for people like me - long swing traders.

My system is based on finding over sold quality companies that are showing signs of a bounce up. Needless to say in the present situation there are LOTS of companies that are oversold!

The only filter that shows promise right now is my bollinger band filter that identifies stocks that are being 'squeezed'. One stock that has shown up a couple of times is CAM. If this stock is NOT on my filter tomorrow then it is a confirmed BUY.

The filter looks for stocks from my master list which are experiencing a bollinger squeeze. In other words the bollinger bands are the closest they have been for some time. Once a stock opens green from this filter then it generally returns some nice results. I will blog more tomorrow to see the results.

Feel free to contact me if you want more explanation on this filter. I haven't got the time just now but will make time in the future to blog on it more comprehensively.

Thanks for reading!!

TV

Nesteggr

I have just signed up with a new financial community called NESTEGGR . I have been very impressed with their fresh perspective towards all things financial - not just trading. I would highly recommend that you sign up and give it a go. You won't be disappointed.

Penny Stock or better?

Every now and again I read some of the penny stock sites and I am always impressed by the vigor and enthusiasm of those traders that swear by the pennies. I have traded some lower priced stocks in my time and I did make some money from them but then I moved away from the whole idea. Why?

Well, quite simply I wanted to have good idea which way my stock was going outside of pure technical indicators. Now, I know that not all penny stock investors only use technical but I would say a good chunk of them do. I wanted to have a reasonable chance that my stock would end up rising. Good fundamentals always makes technical analysis a sure(r) bet.

For example. If a stock that has been performing well, has great fundamentals, has large institutions buying into it and has had recent good financials suddenly hits one of my over sold filters then i have a good idea that this is a position that "it" (the stock) is not 'comfortable' staying in. In other words it's ready for a bounce. I am talking about the best companies in the US here.

Generally speaking the best companies are NOT penny stocks so that is why I stay away from them. I have developed a watchlist of about 100 stocks using Investors Business Daily. These stocks are quite simply the best. By the way, the list is not restricted to IBD's 100.

I run all my filters past this list. IF one of them hits it - it's a go. My fundamental analysis is already done and I am ready to go. In a fairly decent market my filter gives me a 90% success rate of the stock moving 5%+ within a ten day window. Not bad (in my opinion).

So, to sum up - go with an established list of stocks that have great fundamentals. Learn how they react in certain situations and invest with confidence!

Till next time!

Wow, nothing like a good holiday to re-envision and clarify what life is all about. Family, family and family... wonderful!

While I have taken my time off the market has been going mental and I have been quite happy that I have not been involved! Cash is a safe place to be when you are swing trader.

It was interesting watching my portfolio just before the market took its down - turn as some of my stronger stocks started to loose money in ways that I had not predicted. This in itself was a warning sign to me and enabled me to respond before losing too much money.

As I have said before I am still in the process of working on my trading style and rules. As a beginner I spend a lot of time testing, retesting and after that a bit more testing! In between the testing I might squeeze in some reading. There are some fantastic blogs out there that have taught me a lot.

I have also had a good look at my master watch list and have changed it considerably. I am now using Investors Business Daily's 'eTables'. This enbales you to filter and screen using certain parameters. My Master watchlist now consists of stocks that have a rating of 90 plus for RS and EPS also their industry has an A rating. I have approximately 80 stocks on that watchlist right now.

From that watch list I use three filters that are looking for stocks that are ready to bounce.

5% is my profit stop with an 8% stop loss. I use 10% of capital on each trade which obviously results in my having ten stocks in portfolio at a time. As my capital increases so does my number of stocks in each trade (obviously!).

Here is a list of the stocks that my filters showed up recently:

Bolt Technology Corp (BTJ)	-0.32%
Tele Norte Leste Participaes SA (TNE)	-2.18%
Hardinge Inc. (HDNG)	+0.86%
NVIDIA Corp (NVDA)	-1.57%
FLIR Systems Inc. (FLIR)	+0.96%
Stantec Inc. (SXC)	-3.65%
DryShips Inc. (DRYS)	+0.05%
Mobile Telesystems OJSC (MBT)	+0.55%
Hurco Companies Inc. (HURC)	-3.22%
Cynosure Inc. (CYNO)	+1.75%
ITT Educational Services Inc. (ESI)	+0.81%
Diana Shipping Inc. (DSX)	-3.22%
Aluminum Corp. of China Ltd. (ACH)	-6.31%
RRSat Global Communications Network Ltd. (RRST)	-5.95%
Precision Castparts Corp. (PCP)	+2.65%
Garmin Ltd (GRMN)	+13.12%
Southern Copper Corp (PCU)	-5.73%
TBS International Ltd. (TBSI)	+4.92%
L.B. Foster Company (FSTR)	+7.57%