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Stocks to Watch 9/2/11 September 2, 2011

This is a running discussion where we can share things we see jumping for either a daytrade or a swing trade.
I have a screener that really helps finding daytrade opportunities. It finds which stocks will, by the end of the day, be trading at at least two times its 30 day average volume. I look for stocks that really are jumping on volume (and hopefully news) and then employ Tim's breaking the HOD plan. I put my reverse Fibonacci retracement on these and just wait. I will post what I find jumping when it shows on the screener.
I will also post what I think may be swing trade opportunities.


Every morning you can go to Tim's Daily Pre Market Gainers ( Right Here ) to see what is jumping.

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Comment by Rhee on September 2, 2011 at 4:02pm
"A man may see straight and clearly and yet become impatient or doubtful when the market takes its time about doing as he figured it must do. That is why so many men in Wall St nevertheless lose money. The market does not beat them. They beat themselves, because though they have brains they cannot sit tight. " Jesse Livermore
Comment by Jason ullery on September 2, 2011 at 3:46pm
rumors of fed action .........called operation twist, named after chubby checker haha....sept 20th meeting

Top Member
Comment by ljkp2004 on September 2, 2011 at 3:41pm
that would have been perfect timing lsr on upro for a quick one
Comment by Jason ullery on September 2, 2011 at 3:34pm
bear market ETF's are flying....but i think we reached the bottom for today

Top Member
Comment by Terry H on September 2, 2011 at 3:33pm
what SPY did was hit an overhead resistance on the 60 min...200 period. I'm betting that we'll blow through that at some point. Could be wrong.

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Comment by Terry H on September 2, 2011 at 3:32pm
I bought some SDS to hold. I think the countertrend is over and that we'll move too quickly down to catch it.

Top Member
Comment by Rhee on September 2, 2011 at 3:29pm
It should. Theoretically. But...
Comment by L.S.R on September 2, 2011 at 3:02pm
I am trying to get in UPRO but I have not seen anything to convince that shorter done for the day but at the same there should a bounce to cover. This is very tricky. Too much fear in this market. How low can we go for today!!!!!!!!!!!!!! bleeding should stop now...

Top Member
Comment by Rhee on September 2, 2011 at 2:57pm
Agreed LSR. I meant intraday.
Comment by L.S.R on September 2, 2011 at 2:40pm
I am waiting to see if buyers step in but I can't trust this market.

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