Looking back...on 2 weeks

Tuesday night I sent some of you a list of the results of the names on our watchlists, the additions of such as BTJ, GRB, IAAC along the way. The list of 15+ stocks was completely green with about 40+ pts profit between them, this doesn't include pts the recycling program could've given you...playing BTJ a second time off the 9ema as an example. In settling on a hitlist this weekend, we said we are not going to fight the tape with the volatile names. We watched the 'jockey fall off a runner' or two yesterday, the track can get muddy overnight and we can't harp on that enough. If selling into Tuesdays big gains was not the plan, chances are ones risk exposure in volatile names was cut yesterday. We are always going to take points that are earned if we feel tape is turning, this also goes for the slower moving stocks in our list such as the AMIE, the UIC's all up about $5 since mention. The fall off a runner or being barbed by a slow moving stock is no different when they turn.