Trading setups for February 1

The short term model is in cash. Out of the 15 short term trades that have hit since we started this blog, we made money on 12 out of 15 trades for a total gain of 173.7 S&P pts. We made 19.3 pts from the January 28^th short , made 2.9pts from the December 13th short , made 27pts from the May 21st long, made 6.9 pts from the March 12^th short, made 6.2 pts from the September 2nd long, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th,made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts onNovember 18th, and made 52 pts on the win from October 28th

The intermediate term S&P Model is long as of the close on January 31st. No open orders.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is short as of the close on January 31^st. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE APOL BIDU COST CSCO DISH GENZ GRMN HSIC INTU LINTA LOGI ORLY PCLN SRCL SYMC VRTX WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 31

The short term model is off to a great start and will cover the short position at the open if the open is below 1295.8 otherwise the stop loss is at 1321.7

The intermediate term S&P Model is short as of the close on January 25th. This model will cover the short and get long at the close tomorrow January 31^st if the VIX stays below 20.08

The NASDAQ model is short as of the close on January 6^th. This model will cover the short and get long at the close tomorrow January 31^st if the VXN stays below 22.08 or if the VXN closes below 21.66 or if the VXN closes below the VXN open.

The VIX Model is in cash. This model will get short the VIX at the close tomorrow January 31st if the VIX stays below 20.08 or if the VIX closes below 20.04 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE APOL BIDU CERN COST CSCO DISH GENZ GRMN INTU LINTA ORLY PCLN SRCL VRTX WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Bearish setup for the S&P

Our short term model will get short the S&P tomorrow January 28th if the S&P opens above 1297, then falls 1.5 pts below the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

Rules

If the open is greater than 1297 then Sell Short at open – 1.5 pts

Exit 1st profitable open or 2% stop loss

Out of the 14 short term trades that have hit since we started this blog, we made money on 11 out of 14 trades for a total gain of 154.4 S&P pts. We made 2.9pts from the December 13th short , made 27pts from the May 21st long, made 6.9 pts from the March 12^th short, made 6.2 pts from the September 2nd long, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th,made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts onNovember 18th, and made 52 pts on the win from October 28th

Trading setups for January 28

The intermediate term S&P Model is short as of the close on January 25th. No open orders.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is in cash. This model will get long the VIX at the close tomorrow January 28^th if the VIX stays above 15.81 or if the VIX closes above 16.15 or if the VIX closes above the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE ADSK AMGN APOL BIDU CEPH CERN CHRW CSCO CTSH DISH ESRX GENZ GRMN INFY INTU LINTA MSFT ORLY PCLN SBUX WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 27

The intermediate term S&P Model is short as of the close on January 25th. No open orders.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is short as of the close on January 21^st. This model will cover the short on a stop at 15.6 and or cover the short and get long at the close tomorrow January 27^th if the VIX stays above 16.59 or if the VIX closes above 16.64 or if the VIX closes above the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE ADSK AMGN APOL BIDU CEPH CERN CSCO DISH FLEX GENZ GRMN INTU LINTA MAT MSFT ORLY PCLN WCRX WYNN XRAY )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 26

The intermediate term S&P Model is short as of the close on January 25th. No open orders.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is short as of the close on January 21^st. This model will cover the short and get long at the close tomorrow January 26^th if the VIX stays above 17.59 or if the VIX closes above 17.59 or if the VIX closes above the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE ADSK AMGN APOL BIDU CEPH CERN CSCO DISH GENZ GILD INTU LINTA MAT MSFT NIHD PCLN SPLS WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 25

I apologize because I wasn’t able to get a model update out for yesterday, fortunately there weren’t any model changes.

The intermediate term S&P Model is long as of the close on January 21^st. This model will sell the long and get short at the close tomorrow January 25^th if the VIX stays above 17.56.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is short as of the close on January 21^st. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE ADSK AMGN BIDU CEPH CSCO CTSH DISH EXPD FLIR GENZ INTU LINTA MAT MSFT NIHD PCLN PDCO SPLS WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 21

The intermediate term S&P Model is in cash. This model will get long at the close tomorrow January 21^st if the VIX stays below 18.85.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is long as of the close on January 13^th.This model will sell the long on a stop at 23.55 or sell the long and get short at the close tomorrow January 21^st if the VIX stays below18.85 or if the VIX closes below 17.99 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADSK AMGN BIDU CEPH CSCO CTSH DISH ERTS EXPD FLIR GENZ LINTA MSFT NIHD PCLN PDCO QCOM ROST SNDK SPLS SRCL TEVA WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 20

The intermediate term S&P Model is in cash. This model will get long at the close tomorrow January 20^th if the VIX stays below 17.67.

The NASDAQ model is short as of the close on January 6^th. This model will cover the short and get long at the close tomorrow January 20^th if the VXN stays below 18.58 or if the VXN closes below 18.43 or if the VXN closes below the VXN open.

The VIX Model is long as of the close on January 13^th.This model will sell the long and get short at the close tomorrow January 20^th if the VIX stays below 17.67 or if the VIX closes below 17.31 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADSK AMGN BBBY BIDU CEPH CHRW CMCSA CSCO CTSH CTXS DISH ERTS EXPD FLIR GENZ JBHT LINTA MICC MSFT NIHD NTAP ORCL PCLN PDCO QCOM SBUX SNDK STX URBN WCRX WYNN )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 19

The intermediate term S&P Model is in cash. No open orders.

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is long as of the close on January 13^th. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMGN BBBY BIIB BMC CEPH CHRW CMCSA CSCO CTSH CTXS ERTS EXPD FLIR GENZ GRMN JBHT LINTA MICC NIHD NTAP ORCL PCAR SBUX SNDK SPLS STX URBN WCRX YHOO )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 18

The intermediate term S&P Model is long as of the close on January 11th. This model will sell the long on a stop at 1273 or sell the long at the close tomorrow January 18^th if the VIX stays above 15.37

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is long as of the close on January 13^th. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMGN AMZN BBBY BIIB BMC CHRW CMCSA CSCO CTSH CTXS EXPD FLIR GENZ GRMN HOLX JBHT LINTA LOGI MICC NIHD NTAP ORCL PCAR PDCO SNDK SPLS URBN WCRX YHOO )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.

Trading setups for January 14

The intermediate term S&P Model is long as of the close on January 11th. This model will sell the long on a stop at 1253 and or sell the long and get short at the close tomorrow January 14^th if the VIX stays above 16.14

The NASDAQ model is short as of the close on January 6^th. No open orders.

The VIX Model is long as of the close on January 13^th. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sampleperformance reviewof the Ripe Trade results for the year 2008. These are the stocks that qualify for Today with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Stocks ready to Breakout

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMZN BBBY BIIB BMC CA CERN CHRW CMCSA CSCO CTSH CTXS EBAY EXPD FLIR GENZ GRMN HOLX JBHT LINTA LLTC LOGI MICC NIHD ORCL PCAR SNDK URBN YHOO )The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull orbear range pivotin the same direction as the gap.The real time 2008 performance results arehereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend.