Wrapping it up....UIC entry

It's definitely an interesting day!   For the first time in a while, I actually had quite a few tradable small caps setups for today.    Hopefully this could be the beginning of something similar to come, and timing can not get any better since it's near the end of Aug.

NEU, moved huge after gapping up from the consolidation resistance and it pretty much went straight up and took out the old high.   This is a very volatile stock and I believe the best play is to get in aggressive and early today with some faith that it could pull a move like it did today.   Of course, it's never easy in this mkt environment and I only started adding aggressively when volume comes in.   The big question next is whether it'll have meaningful follow through.   With the volume like it pulled today, my thinking that it will, but it will be done in a volatile fashion.

ALY,  I wondered what the stock will do if without the RBC price tge increase?   The move today was a combination of IBD chaser and RBC upgrade.   Again, volume is good and one can only believe that this may be able to setup a new trading range.

HWCC,  I've been in this stock since the day it reported and wondered when it will actually take out the earning day high.    Well it came today on pretty convincing volume.    I always felt that there was a big seller doing his job around $20 but certainly he's either gone or is being overwhelmed today.    I have high hopes for this one and will add aggressively now that the stock is making itself known on a day like today.

LXU,  what started as a chart play may turn into a momentum play.   All I know is that this thing trades on AMEX with a small float.   The co. is profitable and is showing growth.   Those are definitely good ingredient.    But boy, the chart looks great for momentum players.

I also traded a few other things like TRMB GROW ALB EME PWEI .. and am holding a few of those overnight.

cheers,

Update on Monday, August 21, 2006 at 09:18PM by Demi/ YourPersonalTrader

UIC- big EPS winner last March-April for us is back on close watch. Chart , way off highs+ press of unmanned tactical aerials

Update on Tuesday, August 22, 2006 at 11:42AM by Demi/ YourPersonalTrader

UIC- BOT trading under 51, up nearly 3% on day, needs vol for a nicer move.

Aug. 28 Update

We have an interesting day so far.   Index is up as if we are starting a fall rally already.   As far as the kind of stocks we are concerned here, they're also getting some interesting action.

BTJ, well as if we are gonna start talk about something else today.     We believe it's a combination of "sell on the news" and slight disappointment of "it only came in at #14 on IBD".    No matter what, BTJ does need to rest.     What's so interesting about this play is that now it's on IBD 100 list, but at #14 spot, what do you do next?    It still has eps 99, rs 99 rating but yet it's no where near the top.    My strategy is to play it on the long side b/c as long as there are people who believe that this thing will eventually move to #1 spot on IBD100 list, there will be plenty of action.    Volume is great and potential upside is also great.     Depends on how it closes, I'm either going to buy some back if it closes well (around $18) or wait till tomorrow if it closes poorly (below $17.50).      As it stands, 9 ema is around $16.20 and if we close poorly today, there's a shot that it may try for the 9 ema tomorrow.      In either case, I will start buying aggressively starting tomorrow.

UIC, if you don't like the volume, then you must like the action.   I'm leaving this one be at this point.

ALY, it gaps up and is so far holding on great volume.      I've added some and hopefully it doesn't fade near the end.

HWCC, this one is having a bit of a disappointing action considering its debut on IBD100.   I think it's still working off its IPO inventory.   I did reduce some exposure and will not do a thing unless it breaks out of the recent top.

NEU, BT posted that it's setting up for a short entry based on the chart.    I do have a different opinion thinking that this one is in a consolidation phase from the recent gain and it'll take out the recent high sooner than later.    However, this stock is volatile enough that you can literally play both sides of the action in same day.

GRB, this is a recent pick that's trying to break out from its recent high.    So far it's holding up and volume is increasing but I will wait till later to decide if I'd be adding this one or not, based on the potential close that is.

ANST, I traded this one earlier today and am adding this one to the watchlist.    This stock had a good reaction to its earnings last Friday and today is helped by the IBD listing.    This one has quite bit of institutional exposure so I don't expect it can be pushed around like BTJ.

other stocks also performing off our list include CTCM, IPSU....     also, b/c index is performing well, you can always try your luck with NVEC, TZOO

cheers,

Update on Monday, August 28, 2006 at 03:20PM by Demi/ YourPersonalTrader

..end of day, the quiet star might be AMIE profiled last week...the other side of the BTJ's, but still EPS based.

Update on Monday, August 28, 2006 at 04:13PM by Demi/ YourPersonalTrader

Quick chart glance at the best moves today.

http://tinyurl.com/gudzu