Here are some of the stocks that showed up on my buy scan. We may have seen the low but it is possible that we see one more sell-off to wash the weak hands. Currently I am doing intraday trades  from the long side only. If S&P closes below 800, I'll stay on the sidelines.

If the market goes up from here these stocks should easily double. The holding period is at least 1 year (if profitable). Put these stocks on your watch list and when you see a pattern as described on the follwing link, you can buy. ALWAYS use stop losses. Stops should be somewhere between the low of the cup and low of the handle. This pattern is described in detail in William O Neil's book, "How to make money in stocks". You can probably get it from your local library or buy one...it is worth the money. If you are patient and wait for the right time you should do pretty good at the end.

If you find other stocks that have a similar pattern, please post it here.

http://www.chartpattern.com/cup_handle.html

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:cup_with_handle_cont

I won't have time to post everyday but will try to answer any questions on weekends.

Thanks for all the emails.

Happy Investing.

Scroll down for the list. Not sure why there is such a huge blank space.

Rank	Symbol	Company Name	Last Price
1	GHM	Graham Corp	12.98
2	AAPL	Apple Inc	123.9
3	ANR	Alpha Natural Resources Inc	19.7
4	GOOG	Google Inc	389.49
5	HXM	Desarrollaxdora Homex DR	21.86
6	HP	Helmerich & Payne Inc	32.76
7	NOV	National Oilwell Varco Inc	31.5
8	PCLN	Priceline.Com Inc	96.16
9	HANS	Hansen Natural Corp	39.89
10	NBL	Noble Energy Inc	60.69
11	CMI	Cummins Inc	33.38
12	DRQ	Dril-Quip Inc	34.1
13	BWLD	Buffalo Wild Wings Inc	41.84
14	SPAR	Spartan Motors Inc	6.93
15	HITT	Hittite Microwave Corp	37.07
16	VSEA	Varian Semiconductor Equipment Associates Inc	23.91
17	AMX	America Movil ADR Rep 20 Series L Ord Shs	33
18	ENG	ENGlobal Corp	6.19
19	MT	ArcelorMittal ADR	27.23
20	AMTD	TD Ameritrade Holding Corp	16
21	DNR	Denbury Resources Inc	16.48
22	OII	Oceaneering International Inc	43.94
23	DLB	Dolby Laboratories Inc	36.81
24	TNB	Thomas & Betts Corp	28.01
25	SNDA	Shanda Interactive Entertainment Ltd	48.03
26	SOHU	Sohu.com Inc	52.43
27	WAB	Wabtec Corp	38.12
28	GCO	Genesco Inc	21.76
29	FTI	FMC Technologies Inc	36.13
30	VMI	Valmont Industries Inc	62.2
31	NTES	Netease.com Inc	30.91
32	AIT	Applied Industrial Technologies Inc	22.09
33	WBD	Wimm-Bill-Dann OAO	44.31
34	WDC	Western Digital Corp	21.16
35	MCRS	Micros Systems Inc	20.61
36	CERN	Cerner Corp	47.42
37	GYMB	Gymboree Corp	33.43
38	RSTI	Rofin-Sinar Technologies Inc	19.29
39	BRY	Berry Petroleum Co	16.92
40	CNQ	Canadian Natural Resources Ltd	48.94
41	WIT	Wipro Ltd	9.12
42	CHRW	CH Robinson Worldwide Inc	53.35
43	BMI	Badger Meter Inc	37.69
44	CEO	CNOOC ADR representing 100 Class H Shares	115.55
45	BKE	Buckle Inc	35.2
46	LNN	Lindsay Corp	38.32
47	DAR	Darling International Inc	6.08
48	CTRN	Citi Trends Inc	23.77
49	MCHP	Microchip Technology Inc	22.25
50	SNX	SYNNEX Corp	19.39
51	ARO	Aeropostale Inc	32.89
52	TRAD	TradeStation Group Inc	7.79
53	SCHW	Charles Schwab Corp	17.84
54	NKE	NIKE Inc	54.73

i also bought faz today. 

Dikush,

i dont know where do you look for numbers.. but if u r talking about 5 yrs high

ctic : feb 14 2005 was trading at $434

 

good luck hunting...

ttnp : 3000% up this morning

vnda: nearly 1000%

gnta: nearly 50% up

 

if you guys want more such pharma stock for future ... to check their fda approval

check this http://biomedreports.com/articles/most-popular/915-an-extreme-fda-trade-that-paid-vanda-pharma-nasdaqvnda.html 

 

if u guys have any more calanders please post here...

lets alll make money ...

 

* dont invest more than u can afford to lose*

 

Bought GaRMiN today what do you guys think of it. Please enlighten me. Thanks you guys are very informative.

I see a last hour rally coming.

I have invested in 10 different stocks as suggested in this thread. All of these 10 stocks are down today. What type of market is this?

At leaste one should be up, come on, I am a newbee. I think I am a no trader. Should I be concerned today? Or do I wait couple days to bounce it back? I can not afford to lose $500 a day.

Purush,

If you are a newbie you should not have bought 10 stocks. If you can't afford to lose the money then you should not be in the market. If you did buy all the stocks mentioned here you should still be making some here or at least be break-even. Sell everything and stay away from the market.

purush,

just wait couple days some of them will bounce back for sure... take your money and ran away .. and dont come back to this market.. this market is not for you.

 

atleast  do some research before u buy any stock mentioned here..

exm and drys are beaten pretty bad .. they will come back for sure.

if u really wanna gamble some money ... to make alot or lose it .. try buying nexm and heb

and again just dont take my word ... do some research/....

 

happy hunting... wat a day... today...

 

** dont invest more than u can afford to lose**

what i mentioned on my blog about the capital raise by the banks are starting already ; with WFC ($6bln) and MS ($5bln) hmm.. ok no biggie.
looks like federal govt. has to increase interest rates to sell the bonds. hmm... seems like government is going to need a bailout themselves. this truly means that inflation (or even hyper-inflation) is right around the corner.

very bad time to be in equity with P/E=20 (for S&P) .. definitely not WFC, BAC and C (which has -ve)

if you have gains. in any of the bank stocks i would suggest you should consider taking in profits and locking in the gain. i somehow believe that you could buy them at cheaper price. or you might want to use some options to protect your investments.

now all the good news are out lets see what is going to prop up the market (O: . may be banks themselves are buying and selling ... remember the first Q profit of all banks .... most of them were from trading (O: .. interesting huh!! money from TARP went into stocks (O: lets see who is gonna sweep the floor off the market now....

Thapap,

What's the address of your blog. I have been thinking for a while about that myself but I guess  I did not find the time.

 

Today's last hour action tells me that it was a 1 day sell-off and we are heading higher.

http://seekingalpha.com/instablog/110813-mike-havrilla/359-a-dozen-extreme-fda-trades-on-new-product-decisions

This link is for the ppl who are after the jackpot in bio medical field. It has list of companies whose drungs is in the FDA approval process. I personally do not suggest or go after these companies but I do own 20K shares of GNTA on my IRA, 1-3 yrs down the road i might hit the jackpot ;)

Banks stock are very volatile right now.

I believe there will be major pullback on c,bac,wfc stocks... next week

thats the time to ride the new short term wave....

 

  

cutenepali,

GNTA is also one of my penny stock .. which i am trying not to see till another 3-5 yrs..

hope we can have see some positive results in near future ....

 

10 US banks failed stress test....

AAAA,

I wrote here few days ago, stress test is just a joke, bank already found or, atleast how they'll raise the capital that they need even before the stress test results were out..Look at AH trading, BAC & C are trading more than 5% , futures are up , everything looking good for another rally tomorrow..

Sold my JASO & YGE today, i will sell rest of BAC & CX tomorrow. Still holding C , still think this might get to $6 very soon.

Darkside,

Ya i bought that a while ago and I have that in my 401k , let's see if that goes to $1, which might be possible in 2-3 years if their drugs get approved, cool $20K with downside of 150 bucks.  But i think the likelihood of that happening is may be 5%.

Hey guys don't ask me to run away. I wanna learn and be a mature trader just help me with tricks. Looks like I need to learn when to buy and when to sell.

At times, I ended up buying at high price and not selling it when the prices get at the highest level. Sometimes I sell before the price get to the highest level. I am learning guys. I have diversified my portfolios of 10 different stocks. I don't think there is a reason to panic but today all of them went down except for one with an increase of 03 cents. That's nuts. I just buy 100 to 200 shares of each based on their share price. The stocks are from different industries. I don't have too much to invest but certainly can invest couple thousand dollars.

Am I not doing it right? I am here to stay on the long run - guys. I really appreciate your help. Be encouraging to me, Please!

hi emini,
http://thapap.blogspot.com/ [ its my diary for my trades ]. trying to rationalize my thoughts.
i believe this was 1 day correction as well. all aboard we go. financials should be cheaper. i think the higher valuation they have is unsustainable.

Purush,

Deciding which stocks is just one of the many things that need to be done right. The most important thing is how many to buy and how much to risk. I post the picks on Sunday and post the trigger price. You should only buy if the stock goes to the trigger price and not pay more than the max buy price. There is no need to buy 10 stocks...I usually have 3-4 stocks only, this is easier to keep track. The market is always going to be here so try to learn how to consistently make money then after that we can go for big money.

Thapap,

I will be following your blog. Life goes on..... and that's true. I took a big hit when I tried to buy the pullback at 1400 and that's what I told myself.

 

Where are our traders today? Already good friday or what?

Today the market is up to some extent. Hope this trend keeps through the next week.

Good luck to all of you.

Purush,

      Market seems to be heading upward..But I believe there will be reasonable pullback sometime next week..

 

Emini/thapap/ff and all experience investor--Any thought on following stocks?

bgs

bki

arp

Thanks