Comments on: Daily Screen for Tuesday 2-26-08

By: Arekay

Arekay — Tue, 11 Mar 2008 19:16:58 +0000

Reg. AMZN. Notice below 10-wk & 30-wk MA, cross-over and both sloping down and price, even with today’s bounce below the above MAs. Of the 2007 highfliers, this one yet to come back to earth. Short worthy?
P.S. sorry, if this is a dup. post.. unable to find my original one listed..

By: Dan

Dan — Wed, 27 Feb 2008 13:41:51 +0000

I bought VIVO at the end of October when I thought it was making a rebound. After I learned it wasn’t, I decided to keep it as long as it didn’t drop.

I hope my long wait is over.

By: Jonathan

Jonathan — Wed, 27 Feb 2008 03:27:13 +0000

Gotta love the weekly VIVO chart. I still review the weekly charts in William O’Neil’s How to Make Money in Stocks(2nd edition).

I don’t think he has much in the way of triangles, but weekly patterns are fun and profitable to trade.

By: Tim Bourquin

Tim Bourquin — Wed, 27 Feb 2008 02:13:53 +0000

Hi Chris –

Forgive me, I lost your email so thought this comment would be the best way to reach you. Your interview is up and running. It will be on our home page Thursday morning, but you can give your readers a sneak peak if you’d like with this link:

http://www.traderinterviews.com/programs/permalinks/TI_2008-02-28_ChrisPerruna.php

Thanks again!

All the best,

Tim

By: Links | Stock Picks and Discussion at iBankCoin.com

Links | Stock Picks and Discussion at iBankCoin.com — Wed, 27 Feb 2008 01:10:48 +0000

[...] Daily Screen [...]

By: Chris

Chris — Tue, 26 Feb 2008 20:40:29 +0000

Reese,
Thanks, yes the method is profitable but it comes down to each individual trader. I post current positions or positions I am buying and selling from time to time. I also disclose positions I am in if I am doing research on the stocks. I don’t keep a running tally because it’s not important. I talk about losing trades and winning trades. What I don’t do is come out of nowhere and talk about a trade I made privately and boast about the profits. I only talk about the stocks on the blog and sometimes I own them and sometimes I don’t. I don’t own them all!

Some stocks I trade will never make the blog because I just don’t have the time to write about everything or keep tabs in real time. I don’t trade for a living so I only have so much time in the day for family, business, sleep, trading and blogging – among other things.

By: Reese

Reese — Tue, 26 Feb 2008 18:42:14 +0000

Great site. I’ve adopted the same strategy over the past year (volume, price action, charts) and I really believe in the William O’Neil approach.
As a novice swing trader (been swingin’ for a year, and mostly day trade before that), I’m finding it hard to be patient in this market. Your blog is refreshing because you seem to emphasize discipline with only taking the best setups.
That being said, do you post your current positions anywhere? Or just prefer to throw out setups for your readers to consider themselves?
Thanks for all the good content!