Thursday, September 11, 2008

KENNIES CCI (TWO HUNDRED & ONE) DVD HOME STUDY COURSE

Due to world demand and the inability of traders from North Korea, Zimbabwe, Myanmar and South Ossetia to tag along for Trade-A-Longs, Kennie is releasing a complete 3 DVD set with over 5 hours explaining CCI (two hundred & one) trade setups and the mental dexterity to trade them.

Special Bonus #1
Kennie demonstrates the use of CHOPsticks on tofu in the Szechwan market.
Special Bonus #2
Follow Kennie on a paranormal search for the elusive GHOST.
Special Bonus #3
NEW For the first time Kennie introduces LIPSTICK for traders of Lean Hog and Frozen Pork Belly Futures. Watch as Kennie applies it to the open and smears it off three hours later. WARNING: Will not work on Milk Class IV Futures.

Customer Testimonials

“I love Kennies Home Study Course…such a nice boy, that Kennie…one complaint, though Kennie, screw the E-minis, Eurex, naked shorts and all that other crap… I trade cattle…“Where’s the Beef?”
Clara Peller
Wendy, Ilinois


“The CCI (two hundred & one) course teaches the importance ‘of achieving inner peace by finishing all the things you have started’... so before I started my trading day, I looked around to see things I’d started and hadn’t finished … I finished off a bottle of Merlot, a bottle of Shhhardonay, a bodle of Baileys, a butle of vocka, a pockage of Prunglies, tha mainder of bot Prozic and Valum scriptins, the res of the chesescke an a box a chocolets. Yu haf no idr who gud I fel…Peas sen dis orn to dem yu fee ar in ned ov inr piss...”
Mrs. Peacock
The Villages Retirement Community, Florida


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Bernice
Toronto, Canada


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Australia


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CA


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Traders Haven, U.S.Lower 48

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Las Vegas, Nevada


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(Residents of Zimbabwe must bundle their currency in 13oz. stacks)
(Fuel surcharge waived for North Korea’s, ‘I’m so vewy wonley’, Kim Jong-il)

Bonus DVD IF you act now!!!
Kennies explanation of credit default, interest rate and equity swaps transactions not handled by electronic confirmation platforms, averaging about 1000 transactions per firm per month, continue to be handled through paper-based confirmations. In addition, almost all non-vanilla trades, averaging as many as 4000 transactions per month for the largest firms, also use paper-based confirmations. Creating these confirmations is one of the most crucial steps in the trade lifecycle, "but without the right solution," he says, "it can be the most complicated.”
JAB

Tuesday, September 09, 2008

Visa is really starting to charge it up..... :)


Back last week I mentioned a stock take you could check out, VISA symbol: "V".
Well today after the close the October 75 Put was up to $7.40 from the $5.00 range last week for about a 48% gain in less then a week, now that ain't to bad....is it?

Anyways I have posted the target that we should get to here every soon......the 1.272and the big one down there at 1.618. So maybe this will be 100% gainer....now would take be nice.....????

I will be showing you exactly how to find these suckers, when to enter and on and on at the upcoming educational workshop.....so hurry up and sign up because only a couple of limited seats are left.......Now once these limited number of seats are taken, I will be going to Walmart and buy a couple more seats, but that is another story.... :)

The Democratic might have gone to furrrrrrrr.....


The photo below captures a disturbing trend that is beginning to affect wildlife in the USA

Animals that were formerly self-sufficient are now showing signs of belonging to the Democratic Party.....as they have apparently learned to just sit and wait for the government to step in and provide for their care and sustenance.

Monday, September 08, 2008

Nuclear Power and lets talk......

A stranger was seated next to a little girl on the airplane when the stranger turned to her and said, 'Let's talk. I've heard that flights go quicker if you strike up a conversation with your fellow passenger.'

The little girl, who had just opened her book, closed it slowly and said to the stranger, 'What would you like to talk about?'

'Oh, I don't know,' said the stranger. 'How about nuclear power?' and he smiles.

'OK,' she said. 'That could be an interesting topic. But let me ask you a question first A horse, a cow, and a deer all eat the samestuff - grass - . Yet a deer excretes little pellets, while a cow turns out a flat patty, and a horse produces clumps of dried grass. Why do you suppose that is?'

The stranger, visibly surprised by the little girl's intelligence, thinks about it and says, 'Hmmm, I have no idea.'

To which the little girl replies, 'Do you really feel qualified to discuss nuclear power when you don't know shit?

143 is that all it takes.....just 143 days.......that's it

You couldn't become chief of surgery after 143 days of experience of being a surgeon.

You couldn't get a job as a teacher and be the superintendent after 143 days of experience.

You couldn't join the military and become a colonel after a 143 days of experience.

You couldn't get a job as a reporter and become the nightly news anchor after 143 days of experience.

You couldn't get a job as Director of Nursing after 143 days experience as an RN!!!!!!!!!!!!!!!


BUT......

From the time Barack Obama was sworn in as a United State Senator, to the time he announced he was forming a Presidential exploratory committee, he logged 143 days of experience in the Senate. That's how many days the Senate was actually in session and working. After 143 days of work experience, Obama believed he was ready to be Commander In Chief, Leader of the Free World...... ....143 days.

We all have to start somewhere. The senate is a good start, but after 143 days, that's all it is - a start.

AND, strangely, a large sector of the American public is okay with this and campaigning for him. We wouldn't accept this in our own line of work, yet some are okay with this for the President of the United States of America? Come on folks, we are not voting for the next American Idol !!!!!

Portfilio Update 09-05-08

Disney got taken out when it traded below $31.00 on Friday.....:(
Now, of course, how you manage the trade after the entry I think is more important the pick or the entry itself. Take today as Disney is up over 3 bucks and we were looking for a target of $43.34 but that is trading.

So let's see how the picks on August 21, 2008 did. Of the 44 stocks that came up on the hot sheet we only got a base system setup....
1. FFBC: Hit the first target and got stopped out for an overall 49 cent profit.
2. SGEN: Never trigger under the rules....... :)
3. TJX: Hit the first target of 85 cents, then got stopped out at BE on entire trade.
4. ISYS: Hit the first target of 85 cents, nailed for a $1.57 loss.
5. DXPE: Hit the first target of 85 cents, hit the second target for a $4.90 profit.
6. DIS: Hit the first target of 85 cents, then got stopped out at BE on entire trade.

SO out of 6 trades, and if we consider that say 100 shares were bought for each and a first target of 85 cents then we had a overall profit of.....
1. 49 cents on FFBC on the 100 shares.
2. nothing
3. nothing
4. $1.57 loss on ISYS on the 100 shares.
5. $2.87 on DXPE on the 100 shares.
5. nothing

So 49 cents and $2.87 minus $1.57 equals about $1.79. Not bad if you consider looking at the daily Dow30 chart and see that while we were long the market had a bad attitude about everything, what if the Dow30 and the S&P500 were in an up trending market......what if.

Thursday, September 04, 2008

Portfilio Update 09-04-08

This update ain't going to be good.....
3. TJX: The stop on the trade was $35.09 and we certainly hit that today....so this trade #3 was an overall breakeven...

6. DIS: Our overall breakeven stop is $31.00 and today I thought we would hit that sucker and take me out....but we are still alive...

PORTFILIO UPDATE #2
I put two stocks on the hot sheet yesterday, VRX and SGEN. Well neither one of these puppy triggered today and SGEN is now officially off the hot sheet.....along with VRX and I'll show ya why at the educational workshop. I will also be asking the attendees for the picks and we will run thru them and test the base system.... :)

Now to me, looking at your huge winner isn't going to help much, unless you think you were the luckiest person in the world. What wil help is looking at the loser, so don't just bring the stocks pick along, but bring the dates and we will look and see if the base system would have been able to say...."MAN, what are you thinking??"

OKTOBERFEST mailing are out....here we go


For anyone who is coming to the educational workshop and also wants to come to Oktoberfest, please visit their website and purchase your tickets.... :)

Visa on the rope......


Well today was not a great day for longs to say the least.....
So I worked up a short that could take advantage of the current market conditions, I personally don't like to short stocks. But let's see what happens....

Over the past two days Visa has broken out of a consolidation, given back those gains immediately, and then broken lower on increasing volume. This is a typical sign that institutions are bailing out and with the overall market finding little reason to rally, this stock could make a bee line towards its IPO price.

The Play: In the next 48 hours, short Visa Inc. (V:NYSE) at $70 or better (higher is better). Be sure to use a limit and do not sell for less than $70.

Option Alternative: If you prefer options over shares you could buy the V October 75 Puts (V VO) which are trading around $5.00 as of this update

Our initial buy-stop to limit position risk will be at $85. We will set $58 as our target spot to take profits on half of the position.

Now of course, this is for educational purpose only and consult your barber, wife and the cat...and maybe even your broker if you feel the desire to just throw money to the wind........

Wednesday, September 03, 2008

Portfilio Update 09-03-08 part2

After 27 years of research I have found two more stocks I will put on my hot sheet for tomorrow. VRX and yes.....SGEN again, sometimes a stock just won't go away....:)

VRX long at $19.04
SGEN long at $11.61

Of course, if you are following along you do know that this information is for educational information only and you should talk to everyone including your barber, your wife, the cat and of course, your broker before risking anything including your ego......

Maybe just a little over the top.....just maybe



For those who have been here and had to go, well you know that I have urinals in almost every bathroom, as I believe we have equal rights. Why do we have to sit when we don't have to? If fact, I don't have to worry anymore about letting the lid up and getting yelled at by 3 women..... :)

You always might know that I design and build custom homes and always on the look out for stuff that might just be over the top....so to speak. But I'm not sure if I could walk into the bathroom and belly up to the,......flower.

Since you only live once........never be afraid!!!!

Portfilio Update 09-03-08

The market today was mixed at best with the Dow30, Nasdaq100, and the S&P500 finishing down slightly while the Russell was trying to stay above water. Transports were down more the Dow30, so to me it was a yawner....:)
But how did the profilio do, because we had some stocks that were in trouble so let's see:

3. TJX: With the stop at $35.09 we are still in the game on this one, but it's getting close to a BE overall trade....

4. ISYS: With the stop just under the $43.05 pivot today we got nailed on this one, an 85 cent profit on the first half has turned into a $2.57 loss on the second half for a net of loss of $1.57. So I guess I am just like the rest of the world....I cry too.....

6. DIS: Well today this stock traded down but the low was $31.97 we are still hanging on tough with a $31.00 stop.

Could we have a nice rally tommorrow and give me some help here.....as we are down to just 2 stocks now......of the 6 stocks picked a week ago or so we had one that didn't trigger and one that was a bust, and two winners.....FFBC and DXPE which was the best one....today it had an outside bar and closed below yesterday's low....

Tuesday, September 02, 2008

Having issues with the "Will of God"


So there I was sitting trying to stay awake when the pastor said, "You have a free will, you can chose what to do with that will, you can follow Jesus or you can turn away, the choose is yours." Well that was like four weeks ago and I am still thinking about this.

IF, it's Gods will, the will of God, rejoice and be glad for this is Gods will, surrender your will to God, abide by Gods Will, according to Gods will and the list is almost endless of saying it appears. I have spend endless hours reading up on this and still have not found the answer.

If I have a free will, to do good for others or to ignore the teaching of Jesus from the bible and do whatever is one thing. But how do you know you are doing the will of God. God only spoke a couple of times in the bible to someone, it wasn't like he sat down with Moses and wrote like 20 chapters of the bible on his thoughts about his "WILL"....ok he wrote 10 lines give or take....right???? Now those 10 lines were pretty good.....but what is this "WILL THING."

I am not even sure what the questions should be must less any answers, but it's something that is driving me nuts......The will of God and a free will. You see if I have a free will, and someday drop over dead, then I will have to go before God and answer from "The Book" for everything I have done. All those free will things that I did either right or wrong, but he will judge me.

But how will he judge a person that did the best he could, but it wasn't his will, now this could be a problem.....I think. Any ideas would be good.....post them please.
So I can get some sleep.

OH here we go again.......Joe Construction, Inc.


Well it's only a month away, Oktoberfest and a good ole fashion stock trading eductional workshop in the mountains and things are happenin. If you want to come to workshop and see how I use Blau ideas to develop a stock trading plan like I have been showing here for the past few days, then let me know ASAP.

We have about 17 seats left to fill, Scooter, Thumper and Boomer have already signed up for the front row, by the way....:). Just kidding, but this workshop will have some ideas for you on money management as I always play the marble game, trade sizing, profit targets both first and second targets, stop placement to allow the trade to have some room to rumble but also protecting yourself at the same time.

We will take a look at three market gurus and their picks, how to filter out the bad ones right off the bat, but also how to let them come to us so to speak. POT was a pick in Group3, but at the workshop I will show you why this one was a dog from the start along with several others.....

But these ideas can also be used to trade stock index futures, forex, and even corn, the ideas are not mine, but WW Blau and have stood the test of time. You wouldn't have to change your time frame, you wouldn't have to go to range bars, you wouldn't have to even take prices off your charts, and most important you won't even have to delete your own secret sauce........it should be fun.

So email me if you want to come and let's get it on baby......time to rumble!!!! OF COURSE, this workshop, like all the other workshops is open to anyone that has an open mind and wants some ideas about trading. I welcome everyone, no matter what level you believe you are at, I know that others who come that might have been around longer will be more then glad to help you if they can, or just network with you, that is the main purpose of all the workshops. We are a community, a community that at times can be lonely, so come and meet some traders that have the same goals, the same crapola that you have everyday.

What is the cost of this workshop you ask, well it's the same as the last workshops, you just have to make a donation directly to one of my three favorite charities, or you can make a donation to each of them...that is up to you. The charities will be here on Monday the 6th and give you a 5 minute pep talk and then you make a check out to them and hand it to them......they also take credit cards.....:) So there is no smoke and mirror dog and pony show here.......

SIMPLE AS THAT!!!!!!!!!!!!!!!

Portfilio Update 09-01-08

A Huge gap on the open this morning and within half an hour it started to get ugly out there. By the close it was really ugly, so ugly that the portfilio might have taken a beatin today.....let's see.

1. FFBC: BANG stopped out a $12.46 for a loss of 36 cents on the second half, so 85 minus 36 would give us a net overall profit of 49 cents.....GOOD!!!!

2. SGEN: Didnot trigger and is off the list......will show you why at the workshop just remind me..... :(

3. TJX: Well here we had also gotten the first half off, and adjusted our stop to $34.90 which today didn't get hit as we had an inside bar on the dailies. The next day or two will tell on this one. With an entry at $35.89 we are going to move the stop up to $35.09 so the worst case is a BE trade.

4. ISYS: Well the entry was $45.60 and we are at $44.00 after taking the first half off. Today the low was a hair above the pivot low we are worried about, so this one might not have been the best pick..... :)

5. DXPE: Now if they all were like this one, order me another dessert, in a down drafting market like today, DXPE just keeps on going.....higher and higher, however, after saying this...you know that we hit our target on Friday, but man what a nice trade.

6. DIS: Well Disney did OK today, it held Friday's low, but it couldn't break above that pivot and now is sitting on a double daily top. This means we need to take some action and with an entry at $31.79, we will throw in the towel at $31.00 and have another breakeven trade......

So the 6 stocks are down to 4 and one is hurting......stay tuned!!!!

Monday, September 01, 2008

Ken Wood and the saga continues.....


Check this out:
http://thelonelytrader.wordpress.com/2008/05/05/is-woodie-a-fraud/#comment-208
You can click on the title and go right to it.....

Not a week goes by that some doesn't send me something about the Ken Wood and his going ons.....been there done that...see it all.
The only thing that has changed is the names because once you are there for any length of time and have any kinda brain, you can right thru it.
Richard_AZ does have a point, if you are a moderator and don't trade using the "system", then you are as much a part of this as Ken Wood is. Giving people hope that they can being a good trader when all the while, it's just smoke and mirrors.
I do hear that just maybe PFG has began to see the light, is that why, the next Trade-a-Long or Workshop...whatever you call it doesn't have PFG blasted all over it. Just maybe PFG has looked in the mirror and doesn't like what they saw.....

Sunday, August 31, 2008

Are you having problems trading???????


We said we'd walk together come what may
That come the twilight should we lose our way
If as we're walkin a hand should slip free
I'll wait for you
And should I fall behind
Wait for me

We swore we'd travel side by side
We'd help each other stay in stride
But each trader's steps fall so differently
But I'll wait for you
And if I should fall behind
Wait for me

Now everyone dreams of a system that is lasting and true
But you and I know what this world can do
So let's make our steps clear that the other may see
And I'll wait for you
If I should fall behind
Wait for me

Now there's a beautiful river in the valley ahead
There 'neath the oak's bough soon we will be together
Should we lose each other in the shadow of the evening trees
I'll wait for you
And should I fall behind
Wait for me

Portfilio Update 08-31-08

Nothing like a good downdraft in the overall market when you have several trades on the bullish side, is there?

1. FFBC: The first profit target was hit at $13.65 and having it close at $13.01 we are still on the plus side with an entry of $12.82. I would like to hang tough to $14.75 on this one and have moved the stop up just under the pivot at $12.46.

2. SGEN: Will if this doesn't trigger by Wednesday, then it will come off the hot sheet and be replaced by something else.

3. TJX: With an entry at $35.89 and it rolled all the way up to $37.20 on Thursday afternoon we were able to get the 85 cent first target. The problem during the down market on Friday, TJX stopped right at the .786 of the last swing. With a stop at $34.90 we can only pray that the hurricane misses most of the oil rigs in the gulf over the next day or so..... The profit target on the second half is $39.02.

4. ISYS: Hit it's first target for 85 cents, right after that on Friday it is now trying it's best to take out the pivot at $43.05. If it does that we would be taking a $2.55 hit on the second half.....so under the desk we go ....uhmmmmmmm. $57.53 is our goal for the second half.

5. DXPE: If you take the swing from $37.45 to the last pivot at $54.56 and do your fib work you would find that the target for this trade would be the 1.272 at $59.22. On Friday, as the rest of the market was heading for the toilet bowl, DXPE was moving higher. There is a good chance that this stock could rumble all the way up to $65.14 but without me. 85 cents on the first half and about $4.90 on the second half is good enough for me......A WINNER..... :)

6. DIS: It triggered and we got that first 85 cents, no problem but by a hair, right now the chart pattern is showing that the high on Thursday and also on Firday is right at the .786. The good news is that on a down draft day, DIS held her own, if we can pop above the last pivot we will be on our way to $34.43. Otherwise, we will have to throw the towel in at $31.20.

Most likely SGEN will be dropping off the hot list on Tuesday and with DXPE hitting it's target, we only have FFBC, TJX, ISYS and DIS left in the portfolio, maybe time to go dumpster diving again and see what we can find... :)

Thursday, August 28, 2008

Portifilio UPDATE.........

Well, it's 1:30pm ET and today we have had more activity then we have had the past two weeks.
1. FFBC is up to $13.14 and rolling since we were looking for $13.65 to take half off and book a profit....I like a profit... :)

2. SGEN has gotten to $11.20 but we are still flat, no base system trigger yet.
3. TJX has triggerd at $35.89 and is now rolling at $36.41.
4. ISYS has triggered at $45.60 and is now rolling at $46.35, it did hit a $45.65 and that was good enoug to hit that first target....:)
5. DXPE has triggered at $54.23 and is now rolling at $56.40, so have our first target at $55.08 and looking good....:)
6. DIS has triggered at $31.79 and is now rolling at $32.53, it has traded to $32.67 and we were looking for our first target at $32.64 or 85 cents, and this means we have taken half off and booked some.

So today, we have so far been able to trigger our longs from last night update and hit the first target on 4 out of 5 stocks. TJX and FFBC are rolling, so who knows by the end of the day.... :)

Just remember this.....


This day and age we're living in gives cause for apprehension
With speed and new invention and things like fourth dimension
Yet we get a trifle weary with Mr. Einstein's theory
So we must get down to earth at times relax relieve the tension
And no matter what the progress or what may yet be proved
The simple facts of life are such they cannot be removed
You must remember this A KISS IS STILL A KISS,
a sigh is just a sigh
The fundamental things apply as time goes bye.

And when two lovers woo they still say, "I love you"
On that you can rely no matter what the future brings
As time goes by moonlight and love songs
Never out of date, hearts full of passion
Jealousy and hate, woman needs man
And man must have his mate that no one can deny
Well, it's still the same old story, a fight for love and glory
A case of do or die, the world will always welcome lovers
As time goes by, Oh yes, the world will always welcome lovers
As time goes bye bye

Wednesday, August 27, 2008

Traders Paradise moves into the 21st century


You might have notice a change in my little blog the past couple of days as I have upgraded for the latest blog features. You can now have instant updates right to your computer desktop by using the RSS Feed thingie.

No need to constantly checking to see what I am up to....this way the brown shirts at your local CCI cult, I mean club, can spend their time spying on you.......talk about progress..:)

Portfilio Update 08-27-08

Well, we have a one stock portfilio so far, which I am sure that everyone thinks by now I should have 10 to 15 stocks in the portfilio. Well, FFBC is now up a whooping 20 cents from the entry of $12.80. Now it did announce today that it will pay a 17cent dividend and we all like a dividend.

SGEN, has not triggered yet, if it can get it's backend up to $11.20 maybe we can find a base system buy trigger after waiting more then a week.

TJX, if it can trade above $35.89 tomorrow we will be adding this to the portfilio.
ISYS, if it can trade above $45.60 tomorrow...same thing.
DXPE, is it can trade above $54,23 tomorrow...ditto.
DIS, if it can trade above $31.79, this won't be a Mickey Mouse trade....:)

So it's time to build a portfilio for the workshop....where I will show you how to find the stocks of interest, how to setup a base system trade with solid rules and then how to get on board. You can even use this style if you have a day job....no need to sit at the screen and stare..........

The democrats have suddenly developed a keen sense of morality.


The democrats have suddenly developed a keen sense of morality.

John Edwards has been banned from making a speech at the democratic convention for having an extra-marital affair and lying about it.

In his place, Bill Clinton will be speaking.
Hummm......no way...no how...yada yada yada

Monday, August 25, 2008

Well dang it anyways.......

I have given the list of several stocks that I will be using for the up coming workshop from three different sources and have posted it. Well, today was not a good one for the whole list....now some didn't have the base system setup that I will be talking about and showing just how with some simple rules that anyone can make a few bucks. But the whole list took it on the chin today.

Which brings us to the trade management ideas for the workshop, we will be using several different styles of managing the trade. Each with rules, so no smoke and mirrors for this kid. I personally like to take some off at the certain point, and it doesn't matter if it's in the index futures, stocks, options or even corn. But we will look at each of them, case by case.

The educational workshop is about half full at this point, and if you want to come, well it's freeeeeeeeeee, first of all. In fact, I'll even print out the manual, feed ya lunch and so on. All you are required to do is bring an open mind, park the ego, and make a donation directly to one of three local charities or all three if you like, in the amount that you feel, in your heart, is the proper amount.

Oktoberfest is the night before the workshop, and you can go and purchase tickets directly from the United Way if you want at http://www.uwosc.org/ now they are going to update the website and provide a paypal link or something soon.....and correct the date to the 3rd.

Sunday, August 24, 2008

Portfilio update.....

WE are currently building a stock portfilio for the examples during the next educational workshop coming up the first weekend in October. I had picked two stocks up until Friday and they are...SGEN and FFBC.

In our base system that I will be showing at the workshop, FFBC went long at $12.80 around 12:20 ET on Friday. We will be looking to pull 85 cents from this stock, then sell half and put a breakeven stop at our entry. So time will tell, this should take a couple days...... :(

The list of stock for the workshop........


With only 5 weeks before the workshop, I believe I need to step up the stock selection we will be taking a look at during the next educational workshop. So here is the list, and the first question should be....WELL, were did this list come from...outer space, your barber? Well, no I will be doing a research project from three sources, each have a good track record for picking stocks to buy. This research project will only be looking to purchase stocks and not to short them.

Going over their list, first thing I notice is GOOG, now GOOG might be a great stock but the darn thing is trading in the 500 bucks a share range. So if you have a 20k account you are screwed. The reason is, only a pure fool would take his 20k and buy just one stock, that is formula for disaster or a candiate for the RED BALL. And if he did, that would be about 40 shares and the cost of commissions would be high on a per share basis.

The second group has cheap stocks, under 10 bucks, so you could buy 100 or 200 shares and spread the joy around.

The third group is all over the place which is good...in a way.

Anyways, here is the list of stocks that we can now go to our base system and see if we can start to buy a couple of them this week......stay tuned.

Thursday, August 21, 2008

Next up.....FFBC......

Yesterday, I posted SGEN, with an entry area that we have not been able to trade down to, so we are not long this one on a trigger from the Base System.

Tonight we have as second stock of interest:
FIRST FINL BCP OH (NASDAQ:FFBC) First Financial Bancorp. (First Financial) is a bank holding company that engages in the business of commercial banking and other banking and banking-related activities through its wholly owned subsidiary, First Financial Bank, National Association. The range of banking services provided by First Financial to its customers includes commercial lending, real estate lending, consumer credit, credit card and other personal loan financing. In addition, First Financial offers deposit services that include interest-bearing and non-interest-bearing deposit accounts and time deposits. A range of trust and asset management services is also provided by First Financial.

www.squeezetrigger.com is monitoring FIRST FINL BCP OH (NASDAQ:FFBC) in real time and just received an alert that is crossing above its primary SqueezeTrigger Price, the price that a short squeeze can start in any stock. There are 4058600 shares that have been shorted at the volume weighted average SqueezeTrigger Price of $12.302. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://www.squeezetrigger.com.

From January 2005 to July 2008, an aggregate amount of 37404588 shares of FFBC have been shorted for a total dollar value of $448,855,056.00. The FFBC SqueezeTrigger price of $12.302 is the volume weighted average price that all shorts are short in shares of FFBC. There is still approximately $50,083,124.00 of potential short covering in shares of FFBC.

SqueezeTrigger.com has built a massive database that collects, analyzes and publishes a proprietary SqueezeTrigger Price for each stock that has been shorted. The data has then been integrated into an automated trading platform which can be used to connect to a live online broker and automate your trading of short squeeze events. It is extremely powerful with lightening fast execution at a very low price. Both the trading software and SqueezeTrigger data feed are available at http://www.squeezetrigger.com.

So I will be watching for an entry down around the $12.00 area for a trigger to purchase some stock. The daily volume is around the 150 to 175k area so as with yesterday idea....you can't buy 500,000 shares and get in or back out gracefully. But that doesn't mean we can't use some basic money management skills and buy these stocks and build a balanced portfolio to swing trade or long term based on your goals.

I even see that IDC, or as we know it as eSignal is about to come up on my radar screen, maybe Monday.......funny stuff. This workshop should be fun as we explore other areas of trading along with the day stuff....

Wednesday, August 20, 2008

Seattle Genetics is the first pick of this experiment

With the symbol of SGEN, Seattle Genetics will be the first stock pick for the up coming workshop. Today it traded at $11.73 and if it can trade down to the $11.00 to $11.25 area we will look for a "Base System" buy trigger.

Seattle Genetics, Inc. (Nasdaq:SGEN) announced on July 31, 2008 that it has initiated a phase I clinical trial of SGN-70, a humanized monoclonal antibody targeting CD70 that is being developed as an investigational therapy for autoimmune diseases. The trial will assess the safety, tolerability and pharmacokinetics of SGN-70 in healthy volunteers. CD70 is also expressed on several types of cancer, including multiple myeloma, lymphoma, renal cell cancer, glioblastoma and several other solid tumors. In addition to SGN-70, Seattle Genetics is advancing SGN-75, an antibody-drug conjugate targeting CD70, for the treatment of cancer and expects to file an investigational new drug (IND) application in 2009.

Now of course, only a fool would just buy this because you read something on the internet or in a blog about it. But follow along over the next several weeks as we move toward the workshop. I want to make sure that you know that these picks are not in hindsight...cherry pickin...crapola. At this workshop, I will show how I find these picks, how I determine which ones could be used for a trade, how I setup the trade and then how I trigger into the trade....also what am I looking for in profits......

This workshop is for anyone that wants to understand how to trade without depending upon your barber, the paperboy, mother-in-law or for heaven sake......MARIA.....:)

Tuesday, August 19, 2008

The next workshop and what to expect!!!!


The next Educational Workshop that is coming up will have a new agenda, after doing the same thing over and over even I am bored, so have you ever wanted to swing trade stocks? If the answer if yes, then maybe I have a couple of ideas for you.

What I will be doing over the next couple of weeks, is first post a couple of stocks that I will be using at the educational workshop, so that those of you who don't like a cherry picker hindsighted chicken eatin redneck to say....after the whole thing is finish....yea yea you should have gotten that one..... :)

I will post the stock the day that I do something with it, then at the workshop I will go into details of how I picked that stock in the first place, how I would use what we have come to know as the "BASE" system to find a low risk setup and finally how I entered and managed the trade.

So don't be a fool like Mittens here and when I say this is a stock to just say a prayer and punch the order entry key.....we don't need no fools... OKKKKKKKK. But you can follow along and see if you are currently a follower and have the "BASE" system...... :)

Details of the next educational workshop are having the final touches being putting on them now.......Oktoberfest will be on Friday night and you can purchase tickets directly from the United Way of Sevier County at http://www.uwosc.org/ They will be updating their website this week.....All the beer and brats you punch down..... :)