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rivercity > Trade Notes

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5 Day -0.96%
15 Day 5.20%
1 Month 0.72%
3 Month 18.22%
6 Month -0.38%
As of: 01/08/09
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rivercity: Trade Notes

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Trade

Bought 400 shares of DCP at 21.61

rivercity posted on 01/30/08 at 02:17 PM (Note posted about 3 hours after the trade)
Trades | Notes | Blogs
Users Bought (30 Days) 0 (0%)
Users Sold (30 Days) 0 (0%)
Market Cap 894.90M
52-Week High 27.00
52-Week Low 9.95
10 Day Volume 281,000
P/E 17.21
EPS (Trailing 12 Mos.) 0.92
1Day 5Day 1Mo 3Mo 6Mo 1Yr

Transaction: Bought
Symbol: DCP
Quantity: 400 shares
Price: $21.61
Value: $8,644.00
Stop Order: No @ $N/A
Target Price: $25.00
DCP showed up on my bottom feeding scanner, and started the day strong.  Didn't finish that way though, did it?  I like aerospace in general and felt that DCP was going to have a reasonable earnings report.  I'll probably end up exiting this trade with a loss tomorrow.  This was meant to be a short term trade, and since I won't get the movement I wanted, I'll cut my losses.
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Posted by rivercity on 01/30/08 at 02:17 PM

Tag It | 1 user tagged it: Earnings Play

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bigdog

Member since: Dec 05
Trades Not Shared
Trade Notes 0
Blog Posts 459
Founder & CEO, TradeKing
Age: 40's
Boca Raton, FL UNITED STATES
bigdog
Posted January 30, 2008 (02:20PM)

Maybe one day you'll offer that "bottom feeding scanner" up for sale for a fair price to your fellow TK traders!

- Don Montanaro

TradeKing CEO 

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rivercity

Member since: May 07
5 Day -0.96%
15 Day 5.20%
1 Month 0.72%
3 Month 18.22%
6 Month -0.38%
As of: 01/08/09
How is this calculated?
Trades 1247
Trade Notes 141
Blog Posts 19
Software Engineer
Age: 40's
La Crosse, WI UNITED STATES
rivercity
Posted January 30, 2008 (02:35PM)

I think I'm working against the trend of the market with it at the moment.

Basically, I'm looking for a stock that has:

1.  Closed above its 200 day moving average

2.  Has a historical volatility that is greater that 30 over the last 100 days

3.  Shows volume that is generally rising over the last three days, and is greater than the typical volume of for the stock.

4.  The low for the current day is below the lower bollinger band

5.  And the relative strength index is less than 5 

And a price and volume that I'm comfortable with. 

And then I want to see the stock make and maintain some positive movement in the morning.

 

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User Avatar TradeKing Staff Member

bigdog

Member since: Dec 05
Trades Not Shared
Trade Notes 0
Blog Posts 459
Founder & CEO, TradeKing
Age: 40's
Boca Raton, FL UNITED STATES
bigdog
Posted January 30, 2008 (02:48PM)

Thanks for sharing, bud!

- Don 

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