How About That Scan Last Night?
Posted Thursday, August 6th, 2009 8:59 PM in DailyRead by InvestorsLive

This is a fantastic market for trader’s. There have been sooooooo many plays and if you’re not making money.. I don’t know what to tell ya! Hopefully you’ve had as much success as we have in chat – perfect cals

In case you didn’t get a piece of the action on CRBC… check out the trade we had in chat

How We ABSOLUTELY Nailed Citizens Republic Bancorp, Inc (CRBC)

Check out last nights scan right HERE

AXL going to start to monitor for the short side.. can’t believe we nailed this one off dead bottom at $1.39 and it’s already $4 bucks, but hey… just if I had a bit more patience. Watch for the re-test/fail of $4 tomorrow and a fade off it. This has a TON of volume and very well may have more juice through it … so just because its up a lot does not mean times time to short.. keep that in mind!

Not only did AXL storm outta open.. but the $4 fail probably gave the best shorting opportunity to start the day. Many in chat nailed it! Congrats

BKUNQ on watch for an intraday trade if it holds green… these have been unreal lately  (FRNTQ which we nailed .0635-.08s – again patienceeeeeee) very well may test the .25 level if it has follow through juice

BKUNQ closed hit .24 cents with .25 on the offer.. excellent call and profits – these Q stocks have been unbelievable lately

OWW shorted today.. made about a bit… on radar for short tomorrow – I’m hoping one more gap up and fail at $5 and some profit takers to come in. Today’s volume still nice so may have some more upside towards $5 – more on this in chat

Text book on OWW exactly as anticipated

RDN looking for a gap through $7, let this one run don’t be pre mature with teh short.. no reason for it to correct right away. If we get any large spikes I may take a short into it… if not watch for volume to slow and fades to kick in green/red later in the day

Got the push right out of open and a nice fade througout the day – both a great long out of open followed by an even better short

ETM another short watch, $4.50 gap and fail I may take the short back under $4 – relatively low volume though could squeeze more – a watch for now, more on this in chat

ETM did exactly that…





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