Trading setups for July 31st

The S&P Model is short as of the close on July 16th. No open orders.



The NASDAQ model is flat and in cash. No open orders.



The VIX Model is short as of the close on July 30th. This model will cover the short at the open tomorrow July 31st.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,AKAM,APOL,ATVI,BIDU,CHRW,CMCSA,COST,CTSH,CTXS,DISH,ERTS,FWLT,GOOG,HANS,INTC,JOYG,KLAC,LINTA,ORCL,ORLY,QCOM,RIMM,ROST,SHLD,SIAL,SPLS,STLD,URBN,VRSN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 30th

The S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model is long as of the close on July 15th. This model will sell the long and get short at the close tomorrow July 30th if the VIX stays below 26.18 or if the VIX closes below 25.61 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (ADBE,AKAM,APOL,ATVI,BIDU,CHRW,CMCSA,COST,CTSH,CTXS,DISH,ERTS,FWLT,GOOG,
HANS,INTC,JOYG,KLAC,LINTA,ORCL,ORLY,QCOM,RIMM,ROST,SHLD,SIAL,SPLS,STLD,
URBN,VRSN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 29th

The S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model is long as of the close on July 15th. This model will sell the long and get short at the close tomorrow July 29th if the VIX stays below 25.61 or if the VIX closes below 25.01 or if the VIX closes below the VIX open.

Ripe Trades

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AKAM,APOL,ATVI,CHRW,CMCSA,COST,
CTXS,DISH,ERTS,FISV,GOOG,HANS,JOYG,LINTA,ORCL,ORLY,QCOM,ROST,RYAAY,SHLD, SIAL,SPLS,STLD,URBN,VRSN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Bearish setup for July 28th

This is a short term trading system setup. The current price pattern, low relative VIX and decline in bond prices have bearish implications for the S&P near term if today July 28th the S&P futures open above Mondays high (980.2) then rises 2.8 pts above the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

If open is greater than 980.2 then Sell Short @ open + 2.8 pts
Exit 1st profitable open or 2% stop loss

Out of the 10 short term trades that have hit since we started this blog, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system made money on 7 out of 10 trades for a total gain of 112.4 pts.

Trading Setups for July 28th

The S&P Model is short as of the close on July 16th. No open orders.




The NASDAQ model is flat and in cash. No open orders.



The VIX Model long as of the close on July 15th. No open orders.

Ripe Trades

Click on this link for todays Ripe Trade setups.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,ATVI,ERTS,GOOG,HANS,LINTA,
ORLY,ROST,RYAAY,SHLD,SIAL,STLD,TEVA,URBN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Bearish Setup for July 27th

This is a short term trading system setup. The current price pattern, low relative VIX and decline in bond prices have bearish implications for the S&P near term if today July 27th the S&P futures open above Fridays high (978.2) then declines 2 pts below the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

If open is greater than 978.2 then Sell Short @ open – 2 pts
Exit 1st profitable open or 2% stop loss

Out of the 10 short term trades that have hit since we started this blog, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system made money on 7 out of 10 trades for a total gain of 112.4 pts.

Trading Setups for July 27th

The S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model long as of the close on July 15th. No open orders.

Ripe Trades
Click on this link for today’s ripe trade setups.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,ATVI,ERTS,GOOG,HANS,ORLY,
RYAAY,SRCL,TEVA,URBN) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 24th

The short term system stopped out for an 18.8 pt loss today. Out of the 10 short term trades that have hit since we started this blog, we lost 18.8pts from the short on July 20th, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system made money on 7 out of 10 trades for a total gain of 112.4 pts.

The intermediate term S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model long as of the close on July 15th.

Ripe Trades

Today’s list of short setups can be found at this link.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMGN,APOL,ATVI,CEPH,ERTS,HANS,
INTU,ORLY,RYAAY,SRCL,TEVA) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 23rd

The short term system got short on July 20th at 940.5 . This system will cover the short at the first open below 940.5 or stop out for a loss at 959.31

The intermediate term S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model long as of the close on July 15th.

Ripe Trades

Click on this link for a list of the ripe trades.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMGN,APOL,ATVI,CELG,CEPH,ERTS,
ESRX,EXPD,FSLR,HANS,INTU,ORLY,SRCL,TEVA,VRTX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading setups for July 22nd

The short term system got short on July 20th at 940.5 . This system will cover the short at the first open below 940.5 or stop out for a loss at 959.31

The intermediate term S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model long as of the close on July 15th.

Ripe Trades
Todays list of short setups can be found at this link.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AMGN,APOL,ATVI,CELG,CEPH,ERTS,
ESRX,EXPD,FSLR,GENZ,HANS,ILMN,INTU,ORLY,PPDI,SRCL,TEVA,VRTX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 21st

The short term system got short on July 20th at 940.5 . This system will cover the short at the first open below 940.5 or stop out for a loss at 959.31

The S&P Model is short as of the close on July 16th. No open orders.



The NASDAQ model is flat and in cash. No open orders.





The VIX Model long as of the close on July 15th. No open orders

Ripe Trades

Todays list of short setups can be found at this link.

Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.

Todays list of short setups can be found at this link.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,ATVI,CELG,CEPH,ERTS,ESRX,
EXPD,FSLR,GENZ,HANS,ILMN,INTU,LIFE,PPDI,SRCL,TEVA,VRTX,XRAY) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Bearish setup for Monday July 20th

We will give the same short setup a shot for Monday.

This is a short term trading system setup. The current price pattern, low relative VIX and decline in bond prices have bearish implications for the S&P near term if today July 20th the S&P futures open above 938.5 then declines 2 pts below the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

If open is greater than 938.5 then Sell Short @ open – 2 pts
Exit 1st profitable open or 2% stop loss

Performance results based on 1 contract trades since 1982.

Out of the 9 short term trades that have hit since we started this blog, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system made money on 7 out of 9 trades for a total gain of 131.2 pts.

Trading Setups for July 20th

The S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model long as of the close on July 15th. No open orders.

Ripe Trades


At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.


Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.


These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,ATVI,CELG,CHRW,ERTS,ESRX,FSLR,GENZ,HANS,ILMN,INTU,JAVA,LIFE,MICC,
PPDI,RYAAY,SHLD,SRCL,TEVA,VRTX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Bearish pattern for July 17th

This is a short term trading system setup. The current price pattern, low relative VIX and decline in bond prices have bearish implications for the S&P near term if today July 17th the S&P futures open above 940.5 then declines 2 pts below the open. This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982

If open is greater than 940.5 then Sell Short @ open – 2 pts
Exit 1st profitable open or 2% stop loss

Performance results based on 1 contract trades since 1982.

Out of the 9 short term trades that have hit since we started this blog, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system made money on 7 out of 9 trades for a total gain of 131.2 pts.

Trading Setps for July 17th

The S&P Model is short as of the close on July 16th. No open orders.

The NASDAQ model is flat and in cash.

The VIX Model long as of the close on July 15th. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Thursday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (APOL,CELG,CHRW,ERTS,ESRX,FAST,
FSLR,GENZ,HANS,ILMN,INFY,INTU,JAVA,LIFE,MICC,NIHD,PPDI,RIMM,RYAAY,SHLD,
SRCL,TEVA,VRTX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 16th

The S&P Model is flat and in cash. This model will get short at the close tomorrow July 16th if the VIX stays above 23.83.

The NASDAQ model is long as of the close on July 8th. This model will sell the long on a stop at 1422.5 or sell the long at the close tomorrow July 16th is the VXN stays above 24.4 or if the VXN closes above 25.28 or if the VXN closes above the VXN open.

The VIX Model long as of the close on July 15th. No open orders.


Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Thursday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,BIDU,CELG,CHRW,COST,ERTS,
ESRX,FAST,FSLR,GENZ,GRMN,INFY,INTU,JAVA,LIFE,MICC,NIHD,PDCO,RIMM,RYAAY,
SPLS,SRCL,STLD,TEVA,VRTX,WCRX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 15th

The short term S&P system sold the long at yesterdays open for a 17 point win. Out of the 9 short term trades that have hit since we started this blog, we made 17 pts from the long on July 9th, made 14.8pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system is up 131.2 pts in 8 trades.

The intermediate term S&P Model is long as of the close on June 23rd. This model will sell the long at the open tomorrow July 15th, then potentially get short at the close if the VIX stays above 24.99.

The NASDAQ model is long as of the close on July 8th. This model will sell the long on a stop at 1415 or sell the long at the close tomorrow July 15th is the VXN stays above 25.67 or if the VXN closes above 26.03 or if the VXN closes above the VXN open.The VIX Model is flat and in cash. This model will get long the VIX at the close tomorrow July 15th if the VIX stays above 24.99 or if the VIX closes above 25.02 or if the VIX closes above the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Tuesday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,BBBY,BIDU,CELG,CHRW,COST,CSCO,CTSH,CTXS,ESRX,GENZ,GRMN,IACI,INFY,INTU,
JAVA,LBTYA,LIFE,LLTC,LOGI,MICC,MRVL,NIHD,PDCO,QCOM,RIMM,RYAAY,SPLS,STLD,
SYMC,TEVA,VRSN,WCRX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading setups for July 14th

The Short term S&P System is long as of July 9th . This model will sell the long based on the 1st profitable open, if the S&P futures open greater than 882 otherwise the short term system will stop out at 864.3.

The intermediate term S&P Model is long as of the close on June 23rd. This model will sell the long and get short at the close tomorrow July 14th if the VIX stays above 25.42.

The NASDAQ model is long as of the close on July 8th. This model will sell the long at the close tomorrow July 14th is the VXN stays above 26.4 or if the VXN closes above 26.61 or if the VXN closes above the VXN open.


The VIX Model is short as of the close on July 9th. This model will stop out of the short at 26.69 and or get long at the close tomorrow July 14th if the VIX stays above 25.42 or if the VIX closes above 26.31 or if the VIX closes above the VIX open.

No Ripe Trade setups for today

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,AMAT,BBBY,BIDU,CELG,COST,
CSCO,CTSH,CTXS,DELL,ESRX,FISV,GENZ,GRMN,IACI,INFY,INTU,JAVA,KLAC,LINTA,
LLTC,LOGI,LRCX,MCHP,MICC,MRVL,NIHD,PDCO,RIMM,RYAAY,STLD,SYMC,TEVA,VRSN,
WCRX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading Setups for July 10th

The Short term S&P System is long as of July 9th . This model will sell the long based on the 1st profitable open, if the S&P futures open greater than 882 otherwise the short term system will stop out at 864.3.

The intermediate term S&P Model is long as of the close on June 23rd. No open orders.

The NASDAQ model is long as of the close on July 8th. No open orders.

The VIX Model is short as of the close on July 9th. No open orders.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Friday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,AMAT,BIDU,CELG,COST,CSCO,
CTSH,CTXS,DELL,ESRX,FISV,GENZ,IACI,JAVA,KLAC,LLTC,LOGI,MCHP,MICC,MRVL,
NIHD,PDCO,RIMM,RYAAY,SYMC,WCRX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Bullish S&P pattern

The current oversold market condition , price pattern, spike in VIX and spike in bond prices set up a short term bullish scenario for the S&P if tomorrow July 9th the S&P futures open below 882 then rally through 882.This setup criteria is based on the big S&P contract not the ES .Entry criteria is based on the big S&P futures price 9:30 EST time open. You can get quotes here. The performance results are based on 1 large contract trades since 1982If open is below than 882 then buy at 882.Exit 1st profitable open or 2% stop loss

Out of the 8 short term trades that have hit since we started this blog, we made14.8 pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st , plus a 12pt win on the Feb 24th long entry, 15pt win on the Jan 15th long entry, lost 17.3 pts from Jan 13th long entry, lost 17 pts on November 18th, and made 52 pts on the win from October 28th Net, the short term system is up 114.2 pts in 8 trades.

Trading setups for July 9th

The S&P Model is long as of the close on June 23rd. No open orders.

The NASDAQ model is long as of the close on July 8th.

The VIX Model is long flat and in cash. This model will get short at the close tomorrow July 9th if the VIX stays below 33.05 or if the VIX closes below 31.3 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Thursday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,AMAT,BIDU,CELG,COST,CSCO,
CTSH,CTXS,DELL,ESRX,FISV,GENZ,IACI,INFY,INTU,JAVA,KLAC,LLTC,LOGI,MCHP,
MICC,MRVL,NIHD,PDCO,RIMM,RYAAY,SYMC) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading setups for July 8th

The S&P Model is long as of the close on June 23rd. No open orders.

The NASDAQ model is flat and in cash. This model will get long at the close tomorrow July 8th if the VXN stays below 31.39 or if the VXN closes below 31.2 or if the VXN closes below the VXN open.

The VIX Model is long flat and in cash. This model will get short at the close tomorrow July 8th if the VIX stays below 30.94 or if the VIX closes below 30.85 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Wednesday with the entry price limits specified , good for the day only.
Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.
Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.
These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.
These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates
Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,ADBE,AMAT,AMGN,ATVI,BIDU,
BRCM,CELG,COST,CSCO,CTXS,DELL,ERTS,ESRX,EXPD,FISV,GENZ,IACI,INFY,INTU,
JAVA,JBHT,JOYG,LBTYA,LIFE,LOGI,MCHP,MICC,MRVL,NIHD,NTAP,ORLY,QCOM,
RIMM,ROST,RYAAY,SHLD,SRCL,STLD,SYMC) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.

Trading setups for July 7th

The S&P Model is long as of the close on June 23rd. No open orders.

The NASDAQ model is flat and in cash. No open orders.

The VIX Model is long as of the close on June 30th. This model will sell the long position at the open tomorrow July 7th then get short at the close if the VIX stays below 30.6 or if the VIX closes below 29 or if the VIX closes below the VIX open.

Ripe Trades

At left you will find a list of long and short candidates. Historically these long and short setups have performed quite nicely when using the entry levels specified next to the ticker and the exit rules below. Here is the real time out of sample performance review of the Ripe Trade results for the year 2008.These are the stocks that qualify for Monday with the entry price limits specified , good for the day only.

Long Exit rules – Exit at the close on the day when a 2 day RSI close is greater than 50 or exit on the first profitable open with a 1 day delay. The 1st profitable open with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st open that is greater than my entry price.

Short Exit rules - Exit at the close on the day when a 2 day RSI close is less than 70 or exit on the 1st profitable close with a 1 day delay. The 1st profitable close with 1 day delay dictates that I hold the position for at least 2 trading days which includes the entry day then exit on the 1st close that is less than my entry price.

These setups don’t have a stop loss, our research has showed through back testing that this strategy works best without a stop loss. A few ways to limit the risk without a stop loss are 1) Position Size - lowering your position size lessens risk. 2) Watch out for single sector exposure, don’t let one single sector become too big a percentage of your account. 3) Consider using options for blowout protection. For longs consider buying way out of the money puts and for shorts consider buying way out of the money calls. This will create a catastrophe stop that protects you even if the stock has an extreme overnight gap.

These setups are for education and entertainment purposes only this is not a recommendation or solicitation. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

Breakout candidates

Here is a list of stocks that meet the breakout trade setup criteria of a 10 day Bollinger band width in the bottom decile for a 200 day look back. (AAPL,ADBE,ADP,ALTR,AMAT,ATVI,BIDU,BRCM,CELG,CHKP,COST,CSCO,CTXS,DELL,
EXPD,EXPE,FAST,FISV,FLIR,GENZ,GOOG,HANS,HOLX,IACI,INFY,INTU,ISRG,JAVA,
JBHT,JOYG,LBTYA,LIFE,MICC,MRVL,MSFT,NIHD,NTAP,ORLY,QCOM,RIMM,ROST,
SHLD,SIAL,SRCL,STLD,SYMC,URBN,VRSN,WYNN,XLNX) The next step is to look for a big gap tomorrow (greater than 1 range above or below the close) then enter on a bull or bear range pivot in the same direction as the gap.The real time 2008 performance results are hereOne thought on the breakout candidates is to incorporate trend and only take buy signals of stocks in an uptrend and sell signals for stocks in a downtrend. To get a free analysis of trend click here.
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Second quarter real time system review

This post is to update the real time out of sample, trade setups that have been posted on this blog during the 2nd quarter 2009.

Ripe Trades Level 1 made money on 39 trades out of 56 total trades , a 69.6% win ratio . The average trade made 1.84%. You can see a list of all the entry and exit dates and prices here.

Ripe Trades Level 2 made money on 5 trades out of 6 total trades, a 83.3% win ratio. The average trade made 6.12%. You can see a list of all the entry and exit dates and prices here.

Ripe Trades Short made money on 10 trades out of 13 total trades, a 76.9% win ratio. The average trade made 6.05%. You can see a list of all the entry and exit dates and prices here.

Breakout trades Longs made money on 7 out of 18 trades a 38.9% win rate. The Average trade lost -.69% . You can see a list of all the entry and exit dates and prices here.

Breakout trades Shorts made money on 7 out of 17 trades a 41.2% win rate. The Average trade made .83% . You can see a list of all the entry and exit dates and prices here.

Intermediate term system you can analyze the performance of the intermediate term S&P, NDX and VIX model in the road map image, here.

The Short term S&P system had a perfect 3 wins out of 3 trades for the quarter, we made 14.8 pts from the short on June 5th, made 9.5 pts from the May 7th short ,made 45.2 points on the long from April 1st . Net the short term system made 69.5 S&P points for the quarter.

These performance numbers account for multiple entries in the same stock. For example the Ripe Trade system got long ADS on Feb 17th , Feb 18th, Feb 19th and Feb 20th , the performance of every one of these entries is accounted for in the total performance statistics. The performance does not take into account commission and slippage.

Below you will find the performance of the major indices for the 2nd qtr based on the closing prices April1st – July 1st.
S&P 500 +13.8% for Q2
DOW +9.57% for Q2
Nasdaq +18.96% for Q2
Russell 2000 +20.58% for Q2

The 1st quarter 2009 trading system evaluation can be found here.

The 4th quarter 2008 trading system evaluation can be found here.