The Friggin' Watchlist
The Patterns
Bull Flags
WMS, TRI, DADE, MDRX, IFIN, JCP, EXP, ROP, TECH
Bear Flags
AIT, CENT
Inverse Head & Shoulders
ODFL, RAVN
Symmetrical Triangles
AKAM, HOLX (5 yr), KFY, DECK, HNT (pennant)
Ascending Triangles
COGN, KYPH
Triple Top
AMX
THE BOUNCES
Support
COH, ZMH, WTW, CMCSA, MNST, SOHU, BIO, GVA, ACN
Resistance
STR, OXY, SII
Other Interesting Stocks
JLL, KNOT, FLML, PCP
Goodnight already. See you tomorrow as the market treads water. Visualize in your mind that you'll be making money regardless of what the market does. I will visualize creating a few posts in a timely matter. Let's see if it works.
This was very awesome of you.
Thank you for what you are doing. I know you want to show us how to succeed, and that shows the content
of your character.
Steve
Posted by Anonymous | 1/29/2007 09:48:00 PM
Hey Jeff,
Go to bed. We all will be hanging on your next post but it can always wait until tomorrow. Your guidance is a blessing to those of us that want some confirmation of our education. This blog is so constructive and an invaluable part of our trading day. I find myself toggling between the charts and the blog at least every hour and I venture to say that many of us do this. Sometimes, the satisfaction of education is knowing what everyone is doing or knowing that eveyone is doing the same thing that others are. Either way, the experience is invaluable and confirming. Lets keep this process up!!
Sean M.
Posted by Anonymous | 1/29/2007 10:11:00 PM
Jeff,
You're the best!
Keep an eye on GLDN. It's trying hard to break through resistance at $53. I'm not sure if you'd call that a small ascending triangle.
MNST looks like a great setup to me--at both horizontal support & diagonal support at the bottom of it's channel. All it needs to do is break that 9-day downtrending line and that is what I call a perfect entry! Unfortunately earnings is in 2 days so I'll have to pass on this one, but I am pretty excited that I know exactly what I'd like to see in a setup.
Valerie W.
Posted by Anonymous | 1/29/2007 10:43:00 PM
.....now if only I could learn to wait for my setup!!!!!
VW
Posted by Anonymous | 1/29/2007 10:45:00 PM
Hey Jeff,
Thank's for all your efforts.
One of your favorites VIP looks like it's setting up a flag pattern as well.
Joel
Posted by Anonymous | 1/30/2007 01:00:00 AM
Question on Comcast - is it CMSCA or CMCSK ? The charts are almost identical. CMCSA shows earnings on 2/1. CMCSK shows unconfirmed earnings on 2/1 (from EarningsWhispers). Can anyone explain why there are two symbols?
Diane
Posted by Anonymous | 1/30/2007 07:30:00 AM
RL looks like a nice support bounce with volume behind it. It's also above the 30 & 50 day moving averages if anyone cares!
I personally think that gives it a higher probability for succes-- afterall there are traders who do use the moving averages as S/R. Earnings 2-7-7, enough time for a quick move if it's going to do it.
Valerie W
Posted by Anonymous | 1/30/2007 07:30:00 AM
CMCSK are a special classification of shares. CMCSA are standard class A shares. Compare the volume on the two and you'll see that CMCSA is the one most actively traded.
Jeff
Posted by Option Addict | 1/30/2007 07:33:00 AM
Thanks Jeff.
Another great list... what have we (the collective option addicts of North America) done to deserve such a giving teacher? We grovel at your feet.
RIMM looks to finally be moving off it's triple top. Keep an eye.
Chris and Catherine
Posted by Anonymous | 1/30/2007 07:34:00 AM
Grovel at my feet huh? Sure...after you flake out on my class?
Whatever,
Jeff
Posted by Option Addict | 1/30/2007 07:36:00 AM
Let's not forget GOOG. It has formed a nice sym triangle while hovering at a pretty strong support line of around $492. Looks to me like it's coiling like a cobra, ready to strike back up. And we all know that my predictions on these things is 100% accurate.
Chris and Catherine
Posted by Anonymous | 1/30/2007 08:00:00 AM
Keep an eye on CROX today. Cup and handle breakout or fakeout?
Sean M
Posted by Anonymous | 1/30/2007 08:19:00 AM
Jeff - I ended up doing one trade from your list today - ZMH. The stock was up 5.9% today, and my March $85 option I bought was up 74% from when I bought in. Thank you very much! Quick story - when I left home for my dealer contact today, I was up about 12%. About a half hour later I managed to check my account while driving using the new thinkAnywhere software and I was up 44% - I almost drove off the road. I really recommend that anyone who reads this blog and can't be by a computer all day should consider using thinkorswim, get a phone with internet access and start using the thinkAnywhere software. A good way to keep track of your positions when you are away from your computer.
John M.
Posted by AmateurAngler | 1/30/2007 05:13:00 PM