US Traders Notes

2008 Traders' Notes.  NYSE,  Nasdaq and AMEX

Traders' Flowchart, Top Stock Traders.com

Date
 Ticker
Chart
 Price
 Stop
 Target
Comments, EM = member email alert
Oct 14
 SDS
100
+29% return, Stop-out. The short position ( SDS ) is too risky at this point in the market bottoming phase. A sharp rally could occur in the next 3 weeks - as of October 20th.
Oct 11
 SDS 110.88
 100
-105
Proshares SDS up 43% on the week, $110.88 ( chart ). Last week we noted a triple top break-out. The move higher was fast and could signal a top almost as fast as the break-out. Parabolic moves often end with retracements which are equally fast. A suggested stop-loss  is  $100-$105.
Oct 3
 SDS 77.11
 71
Proshares SDS 77.11 ( chart ), has gained 15% for the week. On a weekly chart, we have just broke out to the upside on a triple top near 67-68. Volumes are near all time highs for the ETF.
Aug 25
 ACI
chart
53.50
+6.5% Stop-out
Aug 22
 ACI
chart
 55.61
 53.50
Arch Coal, ACI , (chart)  $55.61 up 10.7% from last week's pick at $50.20, Friday's volumes was low on the down trend, A new suggested stop-loss is $53.50. The volumes were high as ACI broke past the 200 day moving average which is a good reversal signal
Aug 19
 ACI
 50.20
 45
Arch Coal, ACI , (chart)  $50.20, volumes are low but a bottom has formed, stop-loss $45
Sept 4
 JNJ
70.50
2.1% stop-out
aug 22
 JNJ 71.42
 70.50
Johnson and Johnson , JNJ , $71.42 (chart ). JNJ is nearing another leg up. We have suggested this move and in a previous weekly update on July 26 at $69.03. A new suggested stop-loss near $70.50.
aug 08
 JNJ 71.55
 69.25
 75.31
 Johnson and Johnson JNJ, $71.55  , (chart ), gain of 1.2 % new stop-loss  $69.25. JNJ has moved 5% for the week and has broken above the old resistance of $67.92 on a triple top breakout. A near term target is $75.31.
july 26
 JNJ 69.03
 68
Johnson and Johnson , JNJ $69.03 , breaking out over $68. Stop-loss $68
aug 12
 HCN
53
4.7% , sold, a high of $53.98 was made in the uptrend August 11
aug 8
 HCN 52.80
 51
Increase stop-loss
aug 2
 HCN 50.62
 49
Heath Care REIT , HCN (chart) $50.62 , breaking out over $51. Stop-loss $49.  Volumes are  high 3X average volumes. Continued higher volumes would help push the move higher.
aug 07
 LUV
15.40
Our top airline pick, Southwest Airlines LUV, (chart) drops 7% as a nice uptrend was forming ?, We Stopped-out with a -4.2% loss.
Oil has just dropped below $120.
aug 05
 LUV
 16.08
 15.40
Southwest Airlines, LUV, (chart)  $16.08 , stop-loss at $15.40. The trend is up with the falling fuel costs. This depends on a continued energy theme of lower oil prices.
July 24
 JPM
40
11.2%, Stop-out
July 23
 JPM 41.96
 40
up 16.7% from our July17  pick @ $35.94, Suggested stop-loss $40
July 18
 JPM 40.02
 38
up 11.3% from Thursday's pick @ $35.94, Suggested stop-loss $38
July 17 Email
JPM 35.94
39.53
 JP Morgan, JPM, $35.94, short term target is $39.53
July 24
 C
18.75
13.8%, stop-out. The high of this last run was $22.21 or 34% from the our first post July 17.
July 18
 C 19.35
 18.75
up 17.4% from our Thursday pre-market email. The volumes have surged 2X average volume. Suggested stop-loss $18.75.
July 17
 C 16.47
17.50
 Citigroup, C, $16.47 , short term target is $17.50. Pre-market email to our members
Aug 8
 DUG 38.32
 35
up 17.5% from July16. increase stop-loss
Proshares Ultra-short Oil and Gas, DUG ( chart ). Lock in some profits
as this oil and gas sell-off will not continue without a near term buying opportunity for these resource stocks.
JULY 24
 DUG 36.02
 34
increase stop-loss
July 19
34.20
 33.50
DUG, $34.20 , Proshares Ultra Short Oil and Gas , We reached our short term short term target of $36 July 17. Up 4.9% from last weeks pick at $32.59. The trend could still be higher. Sell and take profits or reset a stop-loss at $33.50.
July 16
32.59
35-36
 Oil and Gas stocks could be moving lower. A possible trade is:
DUG, $32.59, Proshares Ultra Short Oil and Gas , short term target is $35-36. Pre-market email alert.
July 16
 SDS
71
up 12%,
Ultra Short SP500, SDS stopped out @ $71 with a gain of 12% from our first post June 20 at $63.37. Our members were emailed to increase the stop-loss to 71 pre-market.
July 11
 SDS 71.31
 68.90
up 12.5%, Increase stop-loss.
July 11
 SDS 71.31
 68.90
up 12.5%, Increase stop-loss.
July 8
 SDS 67.51
 66.50
SDS $67.51 Increase stop-loss to $66.50. This is basically as short position on the market. SDS is up 6.5% and it could be time to sell and exit the trade ? If unsure, sell and take some profit.
July 3
 SDS 68.61
 66
up 8.2% from June 20. Increase stop-loss
June 27
 SDS 67.02
 65
up 5.7% from last week. Ultrashort SP500, SDS is nearing the projected target. Increase stop-loss or take profits. Upper resistance at $70-$72. Volumes approx. 1.5X average or 31 million shares.
June 20
 SDS 63.37
68-71
 Ultra Short SP500, break-out posted on June 20 close, Weekend update.
July 15
 ABX 50.50

up 8%, Sold at $50.50. Barrick rallied to $52.48 July 14. The financials rallied and Gold gave up it's gains. This was a fast move and we headed for the exit trade.
July 11
 ABX 49.21
 47.25
Upper Resistance at 54. Volumes Friday were 2X average volume. 16.1 million shares. Increase stop-loss
July 10
 ABX 46.72

Barrick Gold, ABX, $46.72 - Pre-Market Email Alert July 11 pre-market.
Gold has moved higher overnight.
July 9
 DUG
30
up 6.1 %, Stop-out
July 8
 DUG 30.98
 30
Ultrashort Oil and Gas ETF, DUG, $30.98 closed up 9.6% from our weekend Update in 2 trading days. Increase the stop-loss to  $30. The short term volume is 2X average.
July 3
 DUG 28.26
 26.46
Ultrashort Oil and Gas ETF, DUG, $28.26 could be one way to play the current slowing down on oil and gas stocks. The ETF's lower support is near $25.80. We are not calling an top to oil and gas stocks ....yet. If DUG were to break above $30 on higher than average volumes of 40 million shares, the upside potential will outweigh the downside risk. Set a stop-loss at  $26.46. "When" oil breaks this fast uptrend, watch this ETF move higher.
July 7
 UNG
61
up 7.5%, Stop-out
July 3
 UNG 63.33
 61
up 11.6% from June 2. United States Natural Gas
Topping or uptrend has slowed, increase stop-loss
June 20
 UNG 61.64
 60
Steady climb, increase stop-loss
June 17
 UNG 61.02
 59.80
Steady climb, increase stop-loss
June 13
 UNG 59.80
 58.00
1.2 million shares trading down on low volume. UNG continues to show a strong uptrend with above average volumes over the past 10 trading sessions.The stop loss is increased to 58.
June 6
 UNG 60.10
 57.50
3.1 million shares trading higher on 2X normal volumes
June 2
 UNG 56.70

United States Natural Gas,  ETF , upward trend.
July 3
 CPX
35
stop-out
June 27
 CPX 36.55
 35
Volumes are high, 2X average, increase stop-loss
June 23
 CPX
 34.80
 33
Complete Production Services Inc., CPX, $34.80, continued uptrend, Emailed to members June 23 eve.
July 8
 SKF
152.50
up 13.7% return, stop-out
July 3
 SKF 160.40
 152.50
up 19.6% from June 20. UltraShort Financials , Increase-stop loss or take profits. SKF has moved higher in a break-out.
June 27
 SKF 150.73
 145
up 12.4% from last week. UltraShort Financials , Increase-stop loss or take profits. SKF is nearing a break-out above
2008 year resistance. Record volumes from the start of the ETF's history.
June 20
 SKF 134.03
149
 UltraShort Financials , break-out, posted on June 20 close.
june 25
 JRCC
54.90
12.8% return, stop-out
june 20
 JRCC 59.96
 54.90
up 23% from last week, Increase stop-loss
june 13
 JRCC 48.64
 45
James River Coal , JRCC, $48.64 continues to move higher. We first picked this breakout move in coal at $10.73 on January 26.
If you want to join in to this bull run, place a stop-loss at $45.
June 19
 IVAN
3.80
13% return, sold on stop-loss. This moved to fast to update the web-site, again reset your stop loss as the stock climbs.
June 17
 IVAN 3.36

Stock Break-out move:
Ivanhoe Energy IVAN $3.36 up 8% today and volume is high. Stop-loss $3.15, posted on the main website June 17.
June 19
 PCX
155
24% return, sold on Market weakness. We emailed members June 17 to reset stop-loss postions or sell.
June 17
 PCX 153.29
 145
Increase stop-loss , a local top is near.
June 13
 PCX 148.69
 140
Up 19.0% from the initial post June 4th. Volumes are returning to average. Expect a consolidation pattern to form. Stop loss reset.
June 4
 PCX 124.91

Patriot Coal. Another vertical move. These charts are climbing fast
June 18
 GDP
64
29.4% return, sold on Market weakness. We emailed members June 17 to reset stop-loss postions or sell.
June 17
 GDP 63.26
 57.50
Explosive move today of 8%, Volume are above average,
Increase trailing Stop loss.
June 13
 GDP 57.05 52.50
Up 15.4% from the initial post June 4th. Volumes are returning to average. The fast move could be slowing. Stop loss reset.
June 4
 GDP 49.43

The move has been 4 days of high volumes and a breakout. For the traders it could be a short term play. We noted this on our  June 4th mid-week update.
June 4
 DUG 29.50

3.6 % return, sold after a top of $30.47 and roll-over.
may 30
 DUG 28.80
 28.10
Volumes remain above average. A battle of the the Oil bulls and bears. Oil is off the peak of $135. If Oil moves higher a sell signal is issued.
may 27
 DUG 28.83
 27.50
20 million shares moving uptrend. Increase stop-loss
may 23
 DUG 28.47
 26
Proshares Ultra Short Oil and Gas. Reversal signal on nearly 4X volumes on over 100 million shares in the past 3 days. DIG the bull Proshares Oil and Gas ETF has traded under 3 million shares.  The market may be giving us a signal here.
may 27
 SU
70
 10.3% return, stop-out
may 27
 SU
70
2 for 1 stock split, stop re-set at $70
may 23
 SU
 142.22
 140
Topping formation or a pause in the uptrend. Increase stop-loss
may 20
 SU 145.90
 137.50
up 14.6% from may 12, Increase stop-loss
may 12
 SU 126.90

Suncor – breakout was $119. In progress. Noted on the break-out stock list for May 12.
may 27
 JRCC
35
6.9% return, stop-out
may 23
 JRCC
 36.30 35
Topping formation, rolling over. Increase stop or take profits.
may 16
 JRCC 36.65 33.75
Up 12% from breakout signal. Increase stop-loss
may 12
 JRCC 32.72
 28
James River Coal, Again making new highs – this was first noted January 26, 2008 at $10.73. It’s another breakout and 300% higher. A stop-loss at $28 is needed.
may 21
 RIMM
137
3.8% return, stop-out, 6 days of the uptrend slowing
may 20
 RIMM 138.60
 137
Increase-stop, Uptrend is slowing.
May 16
 RIMM 140.36
 136
up 6 % from breakout. Increase-stop, Uptrend is slowing.
May 12
 RIMM 141.97
 135
Breakout, Increase-stop
May 09
 RIMM 132.77
 126
Breakout at  137-138. Nearing the breakout.
May 02
 RIMM 131.92
 125
Breakout at  137-138. Nearing the breakout.
May 09
 DRS
73
16.9% return, Stop-out May 09
May 08
 DRS 73.89
 73
up 15.9 % today and now up 18.3% from April 30 post.
Volume 8X normal. Up the stop to 73, we may take 50-80% profits.
DRS is a take-over target from today's news.
May 02
 DRS 64.72
 62
3 days of volume above average In early breakout
Apr 30
 DRS 62.44

DRS Technologies, breakout near. $63.50 is resistance
Apr 25
 MOS
 131.30
 131
7.7% return, Stop-out April 24
Apr 23
 MOS 133.27
 131
Increase stop-loss, Today's drop could signal a pause in the climb.
Apr 18
 MOS 135.25
 129
up 11.2 % for the week. Set stop-loss
Apr 11
 MOS 121.61

Mosaic, Stock Scan breakout, Weekend Edition - April 13
Apr 25
 POT
 207.08
 200
12% return, Stop-out April 24
Apr 23
 POT 204.12
 200
Increase stop-loss, A drop on high volumes, protect profits.
Apr 18
 POT 204.67
 195
up 14.6 % over the past week. Increase stop-loss
Apr11
 POT 178.47

Potash, Stock Scan breakout Weekend Editioin April 13
apr 29
 CHK
51
5% return, stop-out, Uptrend in place
apr 25
 CHK 54.68
 51
up 12.6%, Stop-loss  Increased
apr 23
 CHK 53.12
 50.80
Stop-loss  Increased . Over 20 million shares traded April 22  $54.86 was a local high of the day.
apr 18
 CHK 50.91
 48
Stop-loss @ 48, Increased volumes above 51 would be
a good signal of a continued uptrend.
apr 14
 CHK 48.55

Chesapeake Energy - looks to be nearing a breakout near $50
Added to the watchlist - wait for breakout + volume signal.
apr 25
 HAL
 46.91
 46
9.7% Return, Stop-out April 24, Up-Trend looks to have paused
apr 23
 HAL 47.48
 46
Increase Stop-loss
apr 18
 HAL 47.43
 45
Up 13% from April 9th, Increase Stop-loss,  Up 5% today on 2X vol.
apr 14
 HAL 44.08
 42.80
Increase Stop-loss
apr 10
 HAL 43.54
 41.75
Stop-loss set, Breakout of a double/triple top
apr 9
 HAL 41.91

Halliburton , on the Watchlist
apr 25
 APA
 137.80
 136
12.5% Return, Stop out, April 24
apr 23
 APA 138.93
 136
Increase stop-loss, Lock in profits
apr 18
 APA 142.51
 134.8
up 17.9% from March 31, Increase stop-loss, Lock in profits
apr 14
 APA 136.44
 133
up 12.9%, Increase stop-loss, Lock-in some profits
apr 11
 APA 131.93
 131
up 9.1%, Nearing our stop-loss, Lock-in some profits
apr 10
 APA 134.26
 131
up 11.1% Increase stop-loss
apr 9  
APA 130
 127.2
possible near term pause - local top
apr 7
 APA 128.60
 127.2
Increase stop-loss
apr 4
 APA 126.41
 122
Increase stop, Volumes could be higher for the move.
mar 31
 APA 120.82
 116
Apache Corp, Breakout over $124.+ Volume signal, on the watchlist. Gas Producer.
apr 25
 JRCC
 23.05
 23.25
11.2% return, Stop-out, April 24
apr 23
 JRCC 24.15
 23.25
Increase stop.  Volume has dropped
apr 18 JRCC 23.03
 21.50
Increase stop. The move has traded as high as $23.99 this past week.
apr 9
 JRCC 20.89

James River Coal Company
Watchlist for additional buying - a close above $21 - breakout close
but patience is needed. Try a "buy on stop" at $21. Coal stocks are in uptrend.