Swing trading Mr.Market's latest Top Five Picks

[spikefader]

oh by the way, i love the bear! I'm a critter lover for sure!

Ya, critters are cute. Not sure how bears come to have tongues this long...maybe to get the honey out? lol

[spikefader]

Spike,

I'll expect you to post a "hot pick of the day" tomorrow that's as easy as 1-2-3.

lol oh ya, I've got 'em on a string. No prob
I failed to set an alarm for IIG otherwise I would have posted it!
IIC, it's close enough to your name, how come you didn't spot it!

[Thomrich]

Jiesen,

Well, if you missed NGPS a couple of days ago at 21.34, you may get it here in the last hour. It's droppppiiiiinnnnnnnnnngggggggggggggggggggggggggggg !

Volume is LOW today, less than half a million shares. Been running 2-3 million per day. What does that mean?

I wish I knew,Im tepted to buy here also,but SWIR has me paralyzed.BTW short interest declined 17% in Jan on NGPS,not sure if thats a good sign.
Any help Spike,

cordially Tom

[jiesen]

Jiesen,

Well, if you missed NGPS a couple of days ago at 21.34, you may get it here in the last hour. It's droppppiiiiinnnnnnnnnngggggggggggggggggggggggggggg !

Volume is LOW today, less than half a million shares. Been running 2-3 million per day. What does that mean?

yep, yep. got it already at 21.5... sometimes crappy markets give us a lucky break!

[New-born baby]

Ngps

Tom,

NGPS jumped up today. Nice day to get out of the way of that knife.

If short interest declines, that just means buyers left the market.

[noshadyldy]

ngps

well today was a bummer of a fakeout!! I got lured back in only to have it sink below my entry. CRAP!!! sure do wish i had gotten into DCAI instead.

[spikefader]

Re this trade for MPX. (Long 25.90)

The target (retarget) was hit today. Out at 26.60 for +.70 or 2.7% - not huge, but it's stickin with the rules.

[spikefader]

LOL Webs.

See this entry we were contemplating. Today was just shy of the 15% target already. These 50% entries do ok

[spikefader]

Thread summary - all trades.

Current open trades:
NGPS at 33.49 target 33.85
CME at 210.60 target 210.81
MCRI at 35.30 retarget 34.16
CWTR at 28.18 target 32.05
ACRG at 3.06 target 3.50 (channel turn down, so justify an exit tomorrow)
BSTE at 57.28 target 65.87 retarget 62.78
ARLP long 70.02 target 80.79

All previous trades (closed):
ARLP Long 63.74 out 73.05 for +14.6% profit
CWTR Long 24.62 out 25.53 for +3.7% profit
CME Long 197.40 out 198.05 for +0.3% profit
MPX at 25.90 target 26.60 +2.7%

IIG (not taken) nets 15% in 2 days! http://www.mrmarketishuge.com/forum/showpost.php?p=12631&postcount=133
CMN (not taken) just shy today of it's 15%
http://www.mrmarketishuge.com/forum/showpost.php?p=11703&postcount=109

Total profit 21.3% in 4 trades.
Counting IIG it's 36.5% in 5 trades.
Counting CMN it's 51.5% in 6 trades.

On the whole, the thread is showing that trading the 50% entries is a nicely profitable venture. No losses yet, and MCRI will be the first one and will only be -3.2% whenever the target is hit.

Go the 50%s!

[New-born baby]

Beautiful

Spike,

Beautiful. Just simply beautiful work. Thank you so much.

[noshadyldy]

You're the best, Spike!

Ngps looks better too. Alot of mention of it on some other boards as well. (while not a top 5, I also like HURC)

[Gatorman]

Spike:
Glad to see you lost the bear suit. Think we all like you more as a Bull!

[spikefader]

MCRI: Re this entry, http://www.mrmarketishuge.com/forum/...1&postcount=43

retarget was 34.16 based on lower 50% signals. So out at 34.16 this morning for -3.2%. The system's first loser out of 7 completed trades. 6 from 7 for 85% strike rate - not bad.

System profit total to date (total cumulative % assuming all signals) is 48.3%.

[spikefader]

ACRG 50% entry for those interested. Long 3.30, target 15% or 3.80.

[spikefader]

Based on that 50% signal for ACRG, and my own bullish market stance, I'll retarget the open ACRG position to 3.80.