Watchlist – 5/11/2010 – Again nothing worth trading on this list.

Yikes, both of my shorts from yesterday continued to plod higher. Of course I did mention in the watchlist that I didn’t like either of them very much, and pointed out that ANTS would continue to go up if it broke $1.80. But those are just lame excuses, yesterday had nothing very interesting and neither does today. I have plenty to keep my busy outside of trading, especially on days with setups like these..

Full list from Yahoo Finance

ANTS

Same news as yesterday, again, in my lame defense I actually considered buying this mid day, but the illiquidity scared me away. I will continue to watch this on the short side, but ONLY because I can find no other stocks more worth watching. SHORT

AEZS

Same comments as yesterday, but getting more and more choppy and more and more boring everyday. SHORT

ENCO

Contract win, so good fundamental news, I’m only watching this out of spite I’m afraid though. I was up close to $1K on 1000 fricking shares a couple weeks ago, but was experimenting with a longer holding period and let this bastard come all the way back to even on me!! I would love to get some shares of this, but again, I have often shorted out of revenge and I don’t think it has EVER worked… SHORT

MCGI

I thought about buying this on the break of $1.80, but its such a wretch and I hate buying so much I steered clear.. Great call idiot! Since I missed the long, I will wait for the short, somewhat “pumpish” company and I’ve heard they have paid lots of promoters and mailers. Companies that do that VERY seldom hold their gains. SHORT

Previous Day Review:

Nothing to review, no trades, and really just a couple missed long setups, so I won’t beat myself up to much.

links for 2010-05-10

Workout Log – 5/10/2010 – TT BB Workout A

Exercise Set 1 Set 2 Set 3
1A – Medium Grip Bench Press 5x185lbs 5x205lbs 5x205lbs
1B – DB Row 8x50lbs 8x50lbs 8x50lbs
2A – 3 – Board Press 6x185lbs 6x185lbs 6x205lbs
2B – Barbell Row 10x135lbs 10x135lbs 10x135lbs
3A – DB Incline Press 10x50lbs 10x50lbs 10x50lbs
3B – DB CSR 8x40lbs 8x40lbs 8x40lbs
Notes:
Straight up meathead workout, was supposed to do Deadlifts today but my damn knee is still f’d up. So all upper body. Very solid workout!

Watchlist 5/10/2010 – Starting out a new week with almost nothing.

Considering the most likely deserved “crash” or correction or whatever your macro ass wants to call it last week, there are next to no stocks coming up on my screens. I look to short stocks up big and considering the two days we had at the end of last week I’m not surprised to find no good setups. If I were better at buying breakouts, I would screen for them. BUT and its a big but! Futures are up close to 420 points on the Dow and 55 points on the S&P, so while today may not be a good day to trade for my strategy it certainly looks like tomorrow could be. Or even potentially this afternoon if the hype starts to fade.

As I run more screens I’m finding tons of beat down stocks that would probably be nice buys on a day like today, but again, I’m no good at that so I will avoid it. But if thats your thing, today indeed looks to be the day!

Full list from Yahoo Finance

ANTS

Looks like all they make is a database export/import utility, of course if you read their press releases and hypish webpage you would find it hard to actually figure that out. But they keep yapping about some great new product they are coming out with, maybe instead of sending all the DB’s to India to be manually rekeyed into a new system, they actually figured out a way to do it in software. I have been short biased on this stock for about a week but considering the big pop we will see in the markets today, I’m leaning long. But will flip to short if it fails to breakout. LONG then SHORT

AEZS

Wow they may have the most confusing business summary on Yahoo finance I have EVER read. Don’t get me wrong I usually have NO idea whatsoever what these biopharmas do, but usually I can at least get a basic idea. But reading theirs I am completely lost by the second sentence. Website is also brutal and has a copyright notice from 2004… SHORT

How to choose a muscle building/training goal?

I love training and have always used Turbulence Trainings’s great training log sheets as my goal platform. I get a ton of great satisfaction filling a sheet up and moving onto the next program.

But lately I’ve been struggling a little mentally about “What am I training for, what are my goals?”

I have no desire to become a distance runner but one thing I’m jealous of is having something concrete to train for. “Next marathon in 3 months I’ll finish 15 minutes faster.” etc.

When you are weight training what do you use for goals?

Are weight metrics good? ie:

Add x amount of weigh to my squat and deadlift?

Or physical metrics? ie:

Add x inches to my chest size or arms?

I’ve found when I can put a number on something I can greatly increase my productivity.

Looking for ideas! Thanks