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Reason For The Drop In BBC

Ok I found the link to why BBC is down so hard today.
Yes China companies are not the best with disclosing info, but Mr. Byron posted this at the end of his article on BBC.
Correction: In last week’s column a February stock sale by Bodisen Biotech was mischaracterized as unregistered private placement when it [...]



Bodisen Biotech Down Big Today

A stock I onced owned, loved, and profited from is down big today. 34% plus! Oh how I wish took this sell signal on Friday for Bodisen Biotech. Only for 1 day though, because my beta test indicators are issuing a buy signal today. Probably a dead cat bounce type trade. Notice todays date in [...]

Beta Portfolio Shorts

The way the system works is I get a weekly buy and sell signal. Last Friday I got the signal and the technique is to short those stocks at the next open (which is almost always Monday unless the market is closed).
The stocks I shorted are:
USMO
OTIV
MKTX
MIND
REDF
FFEX
MDTH

Beta Portfolio Sell Signal

The Signal was close. but in the end its a sell. I sold all my positions for a small loss overall. Although I would have liked to have kept KRY it was time to sell the portfolio and if I want to achieve the ridiculous gains produced by the backtest thats what I gotta do.

A Couple Of Things For Action Friday

The NDX is giving back yesterdays gain by resting its butt again on the big neckline of a big Head and Shoulders pattern. Once again, no trend taking over.
Second,  the beta portfolio will likely be sold today if the ndx is down 13 pts or more. If thats the case I have to sell all [...]

Crystallex Buy Signal

KRY, this gold stock, put in a buy signal today at the close on the beta system.
This gold stock has been mentioned by Cramer on his radio and tv show numerous times. I was in it before he mentioned it by a few days am currently up 35% (down 50% in VTSS).
Here’s a screenshot [...]

Very Boring Day

Holding Short in Rydex funds, long in my beta portfolio that will almost definitely swap to short on Friday at the close. That means I sell the longs at the close and put in orders to short at Monday’s opening price.
Weak consolidation on the NDX holding now underneath its H&S neckline. Dow double topped today [...]

My Weekly Beta Portfolio Update

My beta portfolio is on the verge of a signal change this Friday. The way I backtested it was hold till this Friday so thats what I’m going to do. Even though I have a signal right here. Things might change. We may get some rallies off of the econ reports this week or earnings. [...]

American Oriental Bioengineering

AOB breaking up with fresh buy signals on both systems.

Beta Portfolio Up 9 Percent

Big moves today brought the beta portfolio up another 7% to 9%.

SMH On A Buy Going Into The Close

SMH is on a buy on the beta system.

Action In The NDX

Todays action in the NDX essentially guarantees my beta system will stay long till next Friday.
The stocks I currently own in this beta test system are:
APN, BCGI, VTSS, ADAT, SFP, KRY, & CHTR

KRY Goes Into Strong Trending Mode

ADX(14) crossed above 40 with this mornings gap up–thanks goes out to Jim Cramer of Mad Money fame for bringing the cheapest gold stock on the planet to the world’s attention. Its just good that we’re in it before hand. Up 19%+ so far this morning.

Cramer Profiled KRY

If you read the stuff at StockRake you’d know I sold off all my favorite stocks to try out a new system. KRY was one of the stocks bought. Cramer profiled KRY on his show in a big way. The stock is up nearly 25% afterhours.
Thanks Jim!
Cramer did make some excellent points as [...]

ATML Broke Out Today

ATML broke up out of a nice cuppish pattern. I owned this, but recently sold to test a new strategy. I said this one was going higher.

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