dragonLZ (99.47)

dragonLZ's CAPS Blog

Do pretty charts = pretty returns...?

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April 14, 2010 – Comments (5) | RELATED TICKERS: MTG , GRT , EKDKQ

I don't know, but I'm trying to find out.

Back on February 20 (two months ago), I posted Pretty Charts (stocks under $10) in which I listed 12 charts I liked the most at that time.

Let's now take the look at the returns of these 12 stocks (worst to best performers):

12. TA price then (Feb. 20): $5.05 Price today: $3.99 Return: -21%

11. CVI price then: $8.30 Price today: $8.28 Return: 0%

10. NRF $4.40 / $4.62 Return: +5%

9. THC $5.59 / $5.96 Return: +7%

8. MSO $5.68 / $6.57 Return: +16%

7. TLAB $6.98 / $8.53 Return: +22% (p.s. Tasty, why did you close it so early? :)

6. ODP $6.57 / $8.27 Return: +26%

5. RFMD $4.41 / $5.68 Return: +29%

4. TRS $6.14 / $8.00 Return: +30%

3. EK $5.99 / $7.81 Return: +30%

2. GRT $4.30 / $6.83 Return: +59%

1. MTG $7.44 / $13.00 Return: +75%

So, those are the returns. Please keep in mind that these are 2 months returns and that two of these 12 stocks are rated 1-star stocks and two are rated 2-star stocks.

I'll keep watching this for you.

Good Luck!

5 Comments – Post Your Own

#1) On April 14, 2010 at 11:06 PM, jdlech (< 20) wrote:

One thing I found about TA. You need to keep one unblinking eye on the news at all times.

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#2) On April 15, 2010 at 12:27 AM, Tastylunch (30.01) wrote:

TLAB $6.98 / $8.53 Return: +22% (p.s. Tasty, why did you close it so early? :)

accuracy. I don't care about points in CAPS which I think is obvious. :)

and after picking it I realized I didn't care for its' fundamentals. They wreen't bad, but they ween't great either. So when it went +5 I booked it to free up space.

hope you made outt well on it though DLZ

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#3) On April 15, 2010 at 12:35 AM, dragonLZ (99.47) wrote: