WEEK OF 10 October thru 15 October 2016

[blygh]

 And they are off and running . . er, walking. . backwards

Rider	Horse	Open	Latest	Gain/Loss	Percent	Stop	Limit	Rank
Tiarra	MYCC	14.12	14.10	-0.02	-0.14%			3
Ira	LMT	233.32	233.39	0.07	0.003%			1
SD	RDCM	22.14	21.89	-0.25	-1.13%			4
Spiderman	TRIL	16.89	16.38	-0.51	-3.02%			6
Blygh	QCOM	68.34	67.25	-1.09	-1.5%	64	75	5
Market	SPY	216.16	216.16	0	0			2

    

Ira takes the 'lead' 
Oops ! missed Joe's entry (entered by Tiarra)- see below

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[sd]

lIKE THE COLORFUL LISTING BLYGH!
This week's charts will be made up of 30 minute Renko charts- This shows up as each Renko box is based on a smaller price movement. Note that Gaps up and down are not shown on Renko charts- Renko takes out some of the "noise" and extremes found in viewing price action alone. and is simply another method of viewing a chart- Also included are a few moving averages- to get a sense of trend.....
Tiarra's pick is MYCC it recently had a quick up move and then came back down, and would look to be oversold.

TRIL is Spiderman's pick- pushing for a new high

Blygh is long QCOM stop 64, lmt $75

WELCOME BACK JOE! JOE IS SHORT AMZN

SD HAS BEEN PATIENTLY WAITING FOR RDCM

Iras default pick LMT

[blygh]

Out of the gate 

Rider	Horse	Open	Latest	Gain/Loss	% change	STOP	Limit	Rank
Tiarra	MYCC	14.12	14.10	-0.02	-0.14%			4
Joe	AMZN short	843.25	841.71	-1.54	+0.18%			1
Spiderman	TRIL	16.89	16.38	-0.51	-3.02%			7
SD	RDCM	22.14	21.89	-0.25	-1.12%			5
Blygh	QCOM	68.34	67.25	-1.09	-1.6%	65	74	6
Ira	LMT	233.32	233.39	+.07	0.003%			2
Maket	SPY	216.16	216.16	0	0%			3

 Joe takes the lead

[ira85]

I'm still here. September was a very busy month. I have an unusual and sometimes demanding day job that has kept me busy lately. I've been disappointed in my LMT pick. I picked it because it had been a steady grower, out-pacing the SP500 by a good margin the past 3 years with low volatility. But of course trees don't grow to the sky and past performance is no . . . I may have picked LMT at the end of good run. I'll stick with it for now. I was also considering Visa (V), but was afraid it had gone too far, too fast and was vulnerable. But since I picked LMT V has out performed.

Hopefully by December I'll have a little more time to participate. -ira

[sd]

I can appreciate the pressures and demands of a day job-
Glad to see you are still on board- look forward to you finding the time to be a participant - in the mean time, the market will be here- but i expect lower
There is an interesting back tested approach on long term positioning - found on stock charts - using a 10 & 40 weekly ema cross that greatly reduces drawdowns and substantially improves results over the past 20 years that really improves the end results. If you are interested- and When you get time, i will send you the Arthur hill study if you are interested.this speaks to the style of long term positioning - yet not simply being always a bystander- employing weekly charts .
SD

[blygh]

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Into the far turn

Rider	Horse	Open	Latest	Gain/Loss	% change	STOP	Limit	Rank
Tiarra	MYCC	14.12	13.98	-0.14	-1%			3
Joe	AMZN short	843.25	830.97	-12.28	+1.46%			1
Spiderman	TRIL	16.89	16.01	-0.88	-5.21%			6
SD	RDCM	22.14	20.95	-1.19	-5.38%			7
Blygh	QCOM	68.34	66.09	-2.25	-3.39%	65	74	5
Ira	LMT	233.32	231.85	-1.47	-0.63%			2
Maket	SPY	216.16	213.43	-2.73	-1.28%			4

Joe holds the lead and the only one past the starting gate 

[blygh]

IN THE BACK STRETCH

Rider	Horse	Open	Latest	Gain/Loss	% change	STOP	Limit	Rank
Tiarra	MYCC	14.12	14.03	-0.09	-0.64%			3
Joe	AMZN short	843.25	834.09	-9.16	+1.09%			1
Spiderman	TRIL	16.89	15.15	-1.74	-10.3%			7
SD	RDCM	22.14	20.75	-1.39	-6.28%			6
Blygh	QCOM	68.34	66.06	-2.28	-3.34%	65	74	5
Ira	LMT	233.32	232.10	-1.22	-0.52%			2
Maket	SPY	216.16	213.67	-2.49	-1.15%			4

Joe holds the lead and the only one past the starting gate - for the second day 
Tiarra, too bad you did not continue your short on AA - you would have been up 14.2%

Attachments:

[blygh]

Into the Clubhouse turn and breaking for the finish line

Rider	Horse	Open	Latest	Gain/Loss	% change	STOP	Limit	Rank
Tiarra	MYCC	14.12	12.32	-1.80	-12.75%			7
Joe	AMZN short	843.25	829.28	-13.97	+1.66%			1
Spiderman	TRIL	16.89	14.97	-1.92	-11.37%			6
SD	RDCM	22.14	20.40	-1.74	-7.9%			5
Blygh	QCOM	68.34	65.00 stopped	-2.28	-4.9%	65	74	4
Ira	LMT	233.32	232.99	-0.33	-0.14%			2
Maket	SPY	216.16	213.01	-3.15	-1.46%			3

Joe leads as the only rider with a positive return 

Attachments:

[sd]

Joe reminds me of Secretariat-! Tough week for the rest of us!

[blygh]

And across the line . . at least Joe is

Rider	Horse	Open	Latest	Gain/Loss	% change	STOP	Limit	Rank
Tiarra	MYCC	14.12	11.88	-2.24	-15.86%			7
Joe	AMZN short	843.25	822.65	-20.60	+2.44%			1
Spiderman	TRIL	16.89	14.12	-2.77	-16.4%			6
SD	RDCM	22.14	20.36	-1.78	-8.04%			5
Blygh	QCOM	68.34	65.00 stopped	-2.28	-4.9%	65	74	4
Ira	LMT	233.32	232.57	-0.75	-0.32%			2
Maket	SPY	216.16	213.12	-3.04	-1.41%			3

                          Joe wins as the only rider with a positive return 
If Tiarra had her default pick - AA short - she would have had a 17.06% gain 

[blygh]

Gains/losses since 7/16/16

                  
              

Rider	% gain/loss	Wins for all 2016	Default pick
Tiarra	-37.33%	5	ETSY long
SD	-14.36	4	CURE long
Ira	+5.38	8	LMT long
Spiderman	+17.9%	8	EXAS long
Blygh	+9.8%	6	ISRG long

     Joe            2.44%                      4                  none specified  
Major loss for many riders - one of Buffet's montres is "Don't take BIG losses."    well illustrated this week

Corrected for Tiarra's 13 stop on MYCC for the week ending 10/14 

 

[sd]

Held the lead all week JOE! Congrats!
I'll have to consider a different Horse and get it posted this weekend.
It will be a busy weekend- so i will tentatively select NFLX- as it reports this week. It dropped 5% this past week or so, has made a 1st rally attempt , after penetrating back into the prior price range. Should it make it's earnings a plus, it should pop 5%. If it's an earnings miss, look out below for $85.--

[blygh]

CONGRATS JOE - NEXT WEEK ITUB LONG - Brazil has been on a steady rise for a couple of months 
BLYGH

[sd]

hERE IS THE PICTURE OF HOW THE WEEK WENT- A LOT OF SIMILAR CHARTS HEADING LOWER.
jOE TAKES THE WIN!

tIARRA'S RIDE MYCC

IRA'S DEFAULT LMT CAME IN #2

bLYGH'S PICK qCOM

SD'S PICK WENT BACKWARDS

TRIL- SPIDERMAN'S PICK

[tiarra]

My stop loss was at 13 dgoriginal.proboards.com/thread/559/week-3-october-7-2016?page=3