Searching stocks for day trading...

[sebfr]

Hi,

i will post here stocks i think we must to follow for day trading...

For explanations on how i play these stocks go to the following link :
http://www.3stocksonfire.org/trading/index.php?topic=4244.new#new

Good trades...

[sebfr]

31-12-2008 :
UNFI
CTXS
ILMN
RDEN

Happy christmas !!!

[sebfr]

UNFI : the best stock to play...(see below for chart)
1. first 15 minutes with open < close
2. first 15 minutes with good body with close near high
3. Gap up
4. Volatility reasonnalble in first 15 minutes (1.79%)
5. Signal entry is enough quick in time to hope for a good trend the rest of the day
Entry signal : Buy at high of the first 15 minutes : 17.42 buy signal..
Target price at (2 * (range first 30 minutes of the day)) = 0.47 + 17.42= 17.89..Ok
Profit : + 2.69%

CTXS : too much of volatility in the first 15 minutes (> 3.8% !!!)

ILMN : same remark as CTXS

RDEN : Entry signal is too late (at the end of the day !!!)

[sebfr]

2009-01-02 :
CTXS
ILMN
UNTD
RCII

A special attention on UNTD....For swing trader i believe on a good correction by UNTD

[sebfr]

UNTD : loss...
Entry signal at 5.95
Target price : 5.81
stop-loss activated at 6.04..
loss : -1.51%

Others : too volatility or weak body

[sebfr]

2009-01-05 :
CTXS
ILMN
UNTD
RCII

[sebfr]

I have some problems with prorealtime to find good stocks...(differences between proscreener and my own indicator) so i put this topic on stand-by and i concentrate my efforts on "emin-system" topic