CROX up a bunch after hours on e/r .. keep an eye for volatility should make a great trade or two tomorrow.

DDR has been a great trade on the long side, hoping for another test of $8 tomorrow followed by a potential short..

DFR short watch (if you can find borrows) usually has a good three days up.. this is day 2, watch for more through $9 tomorrow and weakness to kick in, volume is still extremely low (just look at OHB for what can happen with low volume trades)

FIG has been hanging around this can very easily push towards $6 if it holds — but if not I’m looking to short for a move under $5 if it can’t hold

TPI having trouble with that $3.25 level – this is a potential swing if it can break and hold for a move toward $4 – half entry at 3.25 double up at 3.50

PCS was a greatttttttttt long today into the afternoon – I wasn’t paying attention for the short side all day but grabbed in the .60-70s this afternoon and grabbed a nice .35-40 cents off it – as did many in chat !!

My scan included a lot of OTCBB’s which I didn’t post. It appears as OTCBB’s are back in full force yet again over the weekend I put up 2 post.. one how to play them and 2.. a few ideas. I advise not to read into the news but just play the momentum, stick to the ones with volume, you’ll notice many many nice moves especially LBAS which we picked off at .75 cents. There are so many 100-500% movers CVRG, CAAD, SFIO, HYGN and many more don’t be afraid of them but just stick to the one’s with big $$ volume.

Is DoublingStocks.com Heading Back to the Same Pot?

Taking Advantage of the Plays at Hand – DON’T Drink the Kool Aid – Just Trade it! Nevada Gold Holdings, Inc. (NGHI.OB)

ADY let’s see if it test $30 – short bias on a fade

HIG – great call by “GS” in chat outta the open from $17. We’d been talking about it all night in chat regarding the short side on it and boy did that drop! I expect more nice swings during the day tomorrow

BXC keeping an eye on re-test of $2.50/green might get a nice 10-20% rebound

FIG same thing as BXC – keep an eye for the $4 test and then a reversal – if it doesn’t head down – green cross may do it

PKOH watch for $3 hold and possible reversal towards $3.50

CSUH been on scan a bit, after that .15 break still movin’

CORS if this holds .60 range I may watch this for a bounce towards $.75 and that’s probably the last bounce that its good for

DENN broke triple top today at $2.25 nice play in chat trades well nearly 2.5 million volume – keep an eye as long as $2.25 holds watch for $2.50 test and things to speed up

FIG broke previous highs, $3.50 important area I’m interested in as long as it holds – if it doesn’t this is more than likely a good short for 7-10% downside but take profits as it’ll prob form a higher base and you’ll find it right back up to $3.50

MCRI gapped up today, hoping continuation through the day tomorrow and I’ll watch for an afternoon fade $9 break is what I’m watching

MESA broke previous highs which is bullish, usually a morning stock keep this in mind! As I said today at .18 cents:
[Thu Apr 23_10:08:28 EDT 2009] InvestorsLive those playing MESA make sure you take some off the table along the way.. just fwiw protect your gains

May have a bit more tomorrow if .15 holds

RUTH today great trade many in chat in with me at $1.85, and took a bunch off on the first spike to $2.10 nearly 10 minutes after entry which was great, held the second half and sold near EOD. Keep an eye for further continuation tomorrow.

[Thu Apr 23_12:33:33 EDT 2009] InvestorsLive RUTH HODs, 1.85
[Thu Apr 23_13:09:17 EDT 2009] InvestorsLive longing RUTH

FAX keep an eye for volume and $5 test – we had good luck with charts like this (STSI last week and JDSU) play the momentum if there is vol and a pop, be sure to take some off incase it wants to re-test $5

NX nearly tested $8 today as expected keep on watch for continuation tomorrow followed by weakness, if it gaps to much it may fall out of open

TRGY consolidated just under $6 this may head towards $6.50 if it squeezes over $6, then watch for weakness

NCT closed even with Friday after surviving a brief dip, normally bullish watch for continuation

FORD great short from scan out of open surely got another spike as expected before selling off nearly 75 cents

CVGI tried to reverse today on the gap, volume definitely picking up don’t take it off radar

SKF where else could you nail a $75/dollar short in just 2 days?

From Scan HERE

BIOD we played a bit ago on the bounce for .50-1.00 but has been sinking ever since, this ones just on watch I’ll chase the reversal vs. guess the bottom

BIOD 50% move off bottom looks like it will test $3+

XL quite the haircut the past few days, more than 50% down in the past few days, there is enough volume on this stock to gain my interest keep an eye on the reversal back over $5

XL up nearly 40% today alone what a great bounce back over $5

FIG another 50% dropper in the past 2 days, keep an eye for a drop under $3 and reversal

FIG a near double off lows testing $6 should gap over it tomorrow

GBTS didn’t move too much keep an eye on the $5.50 level once it breaks back over it this will confirm a reversal if it can hold

KDNI dip down towards $2 consolidated a bit as expected and headed back up, again watch for the $2.50 break

BXC similar to KDNI, consolidated a bit and headed back up keep an eye for the $4.25 break

BIOD closed at high of day representing a 10% move to the upside, nice reversal

XL great 35% bounce off scan, extremely liquid over 23 million shares traded

FIG had a nice dollar run out of the morning but faded back towards the end of day

AAPL started our day off extremely well with a $5 dollar bounce within two minutes

SKF yet another great trade long and short

GBTS bottom reversal, keep an eye on the $5.50 area for support, if it fails to hold it – not worth it

KNDI bottom watch – consolidation around $2, breakout around $2.50

BXC support around $4 is extremely important this has room to run towards $5-6

BIOD we played a bit ago on the bounce for .50-1.00 but has been sinking ever since, this ones just on watch I’ll chase the reversal vs. guess the bottom

XL quite the haircut the past few days, more than 50% down in the past few days, there is enough volume on this stock to gain my interest keep an eye on the reversal back over $5

FIG another 50% dropper in the past 2 days, keep an eye for a drop under $3 and reversal