Bullish S&P setup

This is a short term trading setup.
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 October 1st the S&P futures open below 1049 then rally above 1053.4. This pattern has made money 524 times out of the 53 occurrences since 1982.The 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 below 1049 then buy at 1053.4
Exit 1st profitable open or 2% stop loss


Out of the 11 short term trades that have hit since we started this blog, we made 6.2 pts from the September 2nd long, 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 8 out of 11 trades for a total gain of 118.6 pts.

Trading setups for October 1st

The S&P Model is short as of the close on September 17th. This model will cover the short and get long at the close tomorrow October 1st if the VIX stays below 26.45.

The NASDAQ model is long as of the close on September 25th. No open orders.

The VIX Model is short as of the close on September 28th. 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.



Stocks ready to Breakout


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,ADSK,ALTR,AMAT,
AMGN,AMZN,BIDU,BIIB,BRCM,CA,CEPH,CHRW,CMCSA,CSCO,CTSH,EBAY,ESRX,EXPE,
FAST,FISV,FLEX,FLIR,FSLR,GENZ,GILD,GOOG,HOLX,HSIC,IACI,INFY,INTC,JBHT,JOYG,
KLAC,LINTA,LOGI,LRCX,MRVL,MSFT,MXIM,NIHD,NVDA,ORCL,PDCO,PPDI,QCOM,ROST,
SHLD,SIAL,SPLS,SRCL,STX,URBN,VRSN,WYNN,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.

Trading setups for September 30th

The S&P Model is short as of the close on September 17th. No open orders.

The NASDAQ model is long as of the close on September 25th. No open orders.


The VIX Model is short as of the close on September 28th. 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 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.

Stocks ready to Breakout
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,ADSK,ALTR,AMAT,AMGN,AMZN,BIDU,BIIB,BRCM,CA,CELG,CEPH,CHKP,
CHRW,CMCSA,CSCO,CTSH,EBAY,ESRX,EXPE,FAST,FISV,FLEX,FLIR,FSLR,GENZ,GILD,GOOG,
HOLX,HSIC,IACI,INFY,INTC,INTU,ISRG,JBHT,JOYG,KLAC,LINTA,LOGI,LRCX,MRVL,MSFT,
NIHD,NVDA,PDCO,PPDI,QCOM,ROST,SHLD,SIAL,SPLS,SRCL,STX,SYMC,TEVA,URBN,VRSN,
WCRX,WYNN,YHOO) 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 September 29th

The S&P Model is short as of the close on September 17th. No open orders.

The NASDAQ model is long as of the close on September 25th. No open orders.

The VIX Model is short as of the close on September 28th. 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 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.

Stocks ready to Breakout

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. (ADP,ADSK,ALTR,AMAT,BIDU,BIIB,BRCM,
CA,CEPH,CHKP,CHRW,CMCSA,CSCO,CTSH,EBAY,ESRX,EXPD,EXPE,FAST,FISV,FLEX,GENZ,
GILD,GOOG,HSIC,IACI,INFY,INTC,INTU,ISRG,JBHT,KLAC,LINTA,LOGI,LRCX,MRVL,MSFT,
NIHD,ORLY,PDCO,PPDI,ROST,RYAAY,SHLD,SIAL,SPLS,SRCL,STX,SYMC,URBN,VRSN,WCRX,
WYNN) 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 setup

This is a short term trading setup.
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 September 28th the S&P futures open below 1034.2 This pattern has made money 74 times out of the 77 occurrences since 1982.The 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 below 1034.2 then buy at mkt.
Exit 1st profitable open or 2% stop loss

Out of the 11 short term trades that have hit since we started this blog, we made 6.2 pts from the September 2nd long, 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 8 out of 11 trades for a total gain of 118.6 pts.

Trading setups for September 28th

The S&P Model is short as of the close on September 17th. This model will cover the S&P short and get flat at the close tomorrow September 28th if the VIX stays below 26.34.

The NASDAQ model is long as of the close on September 25th. No open orders.

The VIX Model is long as of the close on September 23rd. This model will sell the VIX long on a stop at 28.56 then get short at the close tomorrow September 28th if the VIX stays below 26.34 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 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.

Stocks ready to Breakout
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. (ADP,ADSK,AKAM,ALTR,AMAT,BIDU,
BIIB,BRCM,CEPH,CHKP,CHRW,CMCSA,CSCO,CTXS,EBAY,ESRX,EXPD,EXPE,FAST,FISV,
GENZ,GILD,HSIC,INFY,INTC,INTU,ISRG,JBHT,KLAC,LINTA,LLTC,LOGI,LRCX,MRVL,
MSFT,ORLY,PDCO,PPDI,ROST,RYAAY,SHLD,SIAL,SPLS,SRCL,STLD,STX,SYMC,URBN,
VRSN,WCRX,WYNN) 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 September 25th

The S&P Model is short as of the close on September 17th. This model will cover the S&P short and get long at the close tomorrow September 25th if the VIX stays below 25.37.

The NASDAQ model is flat and in cash. This model will get long the NDX at the close tomorrow September 25th if the VXN stays below 26.06 or if the VXN closes below 25.9 or if the VXN closes below the VXN open.

The VIX Model is long as of the close on September 23rd. This model will sell the VIX long and get short at the close tomorrow September 25th if the VIX stays below 25.37 or if the VIX closes below 24.95 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 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.

Stocks ready to Breakout

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. (ADSK,ALTR,AMAT,BIIB,BRCM,CA,CEPH,
CHKP,CHRW,CMCSA,COST,CSCO,EBAY,ESRX,EXPD,EXPE,FISV,FWLT,GENZ,GILD,GRMN,
HSIC,INFY,INTC,INTU,ISRG,JBHT,KLAC,LBTYA,LIFE,LINTA,LLTC,LOGI,LRCX,MRVL,
NWSA,ORLY,PCAR,PDCO,PPDI,RIMM,ROST,RYAAY,SHLD,SPLS,SRCL,STLD,STX,SYMC,
URBN,VRSN,WCRX,WYNN,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.

Trading setups for September 23rd

The S&P Model is short as of the close on September 17th. No open orders.


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


The VIX Model is long as of the close on September 23rd. 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.

Stocks ready to Breakout
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. (ADSK,ALTR,BIIB,BRCM,CA,CEPH,CHKP,
CHRW,CMCSA,COST,CSCO,EBAY,ESRX,EXPD,EXPE,FISV,FWLT,GENZ,GILD,GRMN,HSIC,
INFY,INTC,INTU,ISRG,JBHT,KLAC,LBTYA,LIFE,LINTA,LOGI,LRCX,MCHP,MICC,MRVL,
MSFT,NWSA,ORLY,PCAR,PDCO,PPDI,RIMM,ROST,RYAAY,SBUX,SHLD,SPLS,SRCL,STLD,
STX,SYMC,URBN,WCRX,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.

Trading setups for September 23rd

The S&P Model is short as of the close on September 17th. No open orders.

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

The VIX Model is short as of the close on September 22nd. This model will cover the short and get long at the close tomorrow September 23rd if the VIX stays above 23.06 or if the VIX closes above 23.08 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 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.

Stocks ready to Breakout

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. (ADSK,ALTR,BIIB,BRCM,CA,CEPH,CHKP,
CHRW,CMCSA,COST,ERTS,EXPE,FISV,GENZ,GILD,GRMN,HOLX,HSIC,INTC,INTU,ISRG,
LBTYA,LIFE,LINTA,LOGI,LRCX,MCHP,MICC,MRVL,MSFT,ORLY,PCAR,PDCO,ROST,RYAAY,
SBUX,SHLD,SPLS,SRCL,STLD,STX,SYMC,URBN,WCRX,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.

Trading setups for September 22nd

The S&P Model is short as of the close on September 17th. No open orders.


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


The VIX Model is long as of the close on September 8th. This model will sell the long and get short at the close tomorrow September 22nd if the VIX stays below 25.51 or if the VIX closes below 24.06 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.

Stocks ready to Breakout
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. (ADP,ALTR,BIIB,BRCM,CA,CHKP,CHRW,
COST,ERTS,EXPE,FWLT,GENZ,GILD,HOLX,INTC,INTU,ISRG,LBTYA,LOGI,MCHP,MRVL,
MSFT,PDCO,RIMM,ROST,SBUX,SRCL,STLD,STX,SYMC,URBN,WCRX,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.

Trading setups for September 21st

The S&P Model is short as of the close on September 17th. No open orders.

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

The VIX Model is long as of the close on September 8th. 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.

Stocks ready to Breakout

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. (ADP,ALTR,ATVI,BIIB,BRCM,CELG,
CHKP,CHRW,COST,ERTS,EXPE,GENZ,GILD,INTC,INTU,ISRG,LOGI,MRVL,MSFT,
PDCO,ROST,SHLD,STLD,SYMC,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 September 18th

The S&P Model is short as of the close on September 17th. No open orders.

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

The VIX Model is long as of the close on September 8th. 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.






Stocks ready to Breakout
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. (ADP,AMAT,AMGN,ATVI,BIIB,CELG,
ERTS,EXPE,GENZ,GILD,INTC,INTU,LOGI,PDCO,QCOM,ROST,SHLD,STLD,SYMC,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.

Bearish S&P pattern

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 tomorrow September 17th the S&P futures open above Mondays high (1064.1). 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 1064.1 then Sell Short @ open
Exit 1st profitable open or 2% stop loss




Out of the 11 short term trades that have hit since we started this blog, we made 6.2 pts from the September 2nd long, 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 8 out of 11 trades for a total gain of 118.6 pts.

Trading Setups for September 17th

The S&P Model is flat and in cash. This model will get short the S&P at the close tomorrow September 17th if the VIX stays above 22.78.

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

The VIX Model is long as of the close on September 8th. 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 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.

Stocks ready to Breakout

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. (ADP,AMGN,APOL,ATVI,BBBY,CELG,ERTS,EXPE,GENZ,HANS,INTC,INTU,LOGI,PDCO,
QCOM,SHLD,SRCL,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 September 15th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is long as of the close on September 8th. 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 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.

Stocks ready to Breakout
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. (ADP,AMGN,APOL,ATVI,BBBY,CELG,
ERTS,EXPE,FISV,GENZ,HANS,INTU,PDCO,QCOM,SHLD,SRCL,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 September 14th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is long as of the close on September 8th. 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.

Stocks ready to Breakout

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. (ADP,AMGN,ATVI,BBBY,CELG,CTXS,ERTS,EXPE,GENZ,GOOG,HANS,INTU,PDCO,SHLD,
SIAL,SRCL,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 September 11th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is long as of the close on September 8th. 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.





Stocks ready to Breakout


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. (ADP,AMGN,ATVI,BBBY,CELG,CHRW,CTXS,DTV,ERTS,EXPE,GENZ,GOOG,HANS,INTU,
ORLY,PAYX,PDCO,SHLD,SRCL,STLD,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 September 10th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is long as of the close on September 8th. 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.




Stocks ready to Breakout
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. (ADP,ATVI,BBBY,CEPH,CHRW,CSCO,CTXS,
DTV,ERTS,ESRX,EXPD,EXPE,FLEX,GENZ,GOOG,HANS,HOLX,INTU,LIFE,LINTA,ORCL,ORLY,
PAYX,PDCO,PPDI,SHLD,SRCL,STLD,VRSN,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 September 9th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is long as of the close on September 8th. 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 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.

Stocks ready to Breakout

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. (ADP,AMAT,ATVI,BBBY,BIDU,BIIB,CEPH,
CERN,CHRW,CSCO,CTSH,CTXS,DISH,DTV,ERTS,ESRX,EXPD,EXPE,FLEX,FLIR,GENZ,GOOG,
HANS,HOLX,HSIC,INFY,INTU,ISRG,LIFE,LINTA,LRCX,ORCL,ORLY,PAYX,PDCO,PPDI,RIMM,
ROST,SBUX,SHLD,SPLS,SRCL,STLD,SYMC,URBN,VRSN,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 September 8th

The S&P Model is flat and in cash. No open orders.

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

The VIX Model is short as of the close on September 2nd. This model will cover the short on a stop at 26 and or cover the short and get long at the close September 8th if the VIX stays above 24.86 or if the VIX closes above 25.26 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.

Stocks ready to Breakout
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,ADP,AMAT,ATVI,BBBY,BIDU,BIIB,
BRCM,CEPH,CHRW,CSCO,CTSH,CTXS,DISH,DTV,ESRX,EXPD,EXPE,FLEX,FLIR,FWLT,GILD,
GOOG,HANS,HOLX,HSIC,ILMN,INFY,INTU,ISRG,JNPR,LBTYA,LIFE,LINTA,LOGI,LRCX,
MSFT,MXIM,NIHD,ORCL,ORLY,PDCO,PPDI,RIMM,ROST,RYAAY,SBUX,SHLD,SPLS,STLD,
SYMC,URBN,VRSN,VRTX,WYNN) 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 September 4th

The short term S&P model is flat and in cash. This model took the 1st profitable open exit today for a 6.2 pt profit. Out of the 11 short term trades that have hit since we started this blog, we made 6.2 pts from the September 2nd long, 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 8 out of 11 trades for a total gain of 118.6 pts.

The intermediate term S&P Model is flat and in cash. No open orders.

The NASDAQ model is short as of the close on August 28th. This model will cover the short on a stop at 1636.

The VIX Model is short as of the close on September 2nd. 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.

Stocks ready to Breakout

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,ADP,AMAT,ATVI,BIDU,BIIB,BRCM,
CEPH,CHRW,CMCSA,CSCO,CTSH,CTXS,DISH,DTV,ESRX,EXPD,EXPE,FLEX,FLIR,FWLT,GILD,
GOOG,HANS,HOLX,HSIC,ILMN,INFY,ISRG,KLAC,LBTYA,LIFE,LINTA,LOGI,LRCX,MSFT,
MXIM,NIHD,NVDA,ORCL,ORLY,PDCO,PPDI,RIMM,ROST,RYAAY,SBUX,SHLD,STLD,SYMC,
URBN,VRSN,VRTX,WYNN) 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 September 3rd

The short term S&P model got long at the open today at 993.3 this model will sell the long for a profit at the first open above 993.3 or exit for a loss at a 973.4 stop.

The intermediate term S&P Model is short as of the close on August 24th. This model will cover the short on a stop at 990 or cover the short and go into cash at the close tomorrow September 3rd if the VIX stays below 29.57.


The NASDAQ model is short as of the close on August 28th. This model will cover the short on a stop at 1644.

The VIX Model is short as of the close on September 2nd. 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 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,ADP,AMAT,AMGN,ATVI,BIDU,
BIIB,BRCM,CELG,CEPH,CSCO,CTSH,CTXS,DISH,DTV,ESRX,EXPD,EXPE,FLEX,FLIRFWLT,
GILD,GOOG,HANS,HOLX,HSIC,ILMN,ISRG,KLAC,LBTYA,LIFE,LINTA,LOGI,LRCX,MXIM,
NIHD,NVDA,NWSA,ORCL,ORLY,PDCOPPDI,,RIMM,ROST,RYAAY,SBUX,SHLD,SPLS,STLD,
SYMC,URBN,VRSN,VRTX,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.

Bullish setup for the S&P

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 September 2nd the S&P futures open below 996.5 This pattern has made money 38 times out of the 38 occurrences since 1982.The 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 below 996.5 then buy at mkt.
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.