Watchlist 3/2/2012 – $ALIM, $GRH, $IRYS, $LOGL

Overall one pretty solid pick from yesterdays list, $LOGL. While you probably would have needed to be short O/N Wednesday since it really panicked right out of the gate. I’m glad I can still spot a decent short here and there. Other then that nothing to interesting from yesterday and really only one compelling pick today, $IRYS. Making money wise it will probably be pretty random and worthless but there is an interesting back story with it. So it will probably be my main watch for the day. Unless something crops up pre market or during the day.

Considering I’m short biased 90% of the time, Fridays are the one day that I will often go long into momentum stocks. I almost never make money taking the long side, but when I have its been on Fridays.

Full list from Yahoo Finance

ALIM

Still watching this for the hell of it, if it holds up another day its of the list.

GRH

A fracking company with “Green” in their company name, I like that combination for a short setup!

IRYS

I’m currently long this stock, purely out of curiosity. I’d like to possibly do a “real” blog post or maybe even a video about it. But the story is just developing, I figure I’ll wait to discuss after the chatter settles down. Its a huge hub bub in the pennystocking gutter right now, and I really want to see how it shakes out before commenting.

LOGL

Considering the big drop yesterday this is off my watch, just posting the chart as an “I told you so.”, long term it will probably continue to fade. But now that the big drop is done, I’ve lost interest.

Relaunch of tbohen.com – Watchlist – 3/1/2012 – $ALIM, $BVSN, $CBIS, $CTHR,$LOGL

Wow, I handn’t realize that its been around nine months since I posted a watch list!! Well I’m determined, yet again, to be some sort of trading blogger. And DAMNIT I WILL write an ebook soon. The best lame reason I can some up with for my latest batch of procrastination is not being “in the game”. I really think one of the biggest reason’s I have not forced myself to put the words on the page of the ebook is simply because I have not been screening and posting watch lists for months. I have traded here and there, but very little. I will continue to enforce one of my core trading rules, “No great setups, no trades, don’t trade mediocre or bad setups.”

So while I will be posting about trading more, I’m not sure if it will end up increasing my trading volume or not. I do think I’ve missed a lot of solid opportunities over the last six months simply because I have not been looking for them.

“Opportunity does not knock, it presents itself when you beat down the door.” – Kyle Chandler

I had a goal of making this some sort of “epic” blog post about the fantasamagorical relaunch of tbohen.com, but as long as I get a post a day I’m happy. The wind came out of my sails a little this morning. So just getting this post out there is a start. Every success I have obtained in life was based firmly on the concept of “constant/incremental progress”, or flat our showing up everyday and putting in the work. So this post may be mediocre and uninspiring to you, my 2 readers, well probably only 1 of you actually made it this far in reading. But I’m very excited to hit my goal of getting back on track on 3/1/2012.

Here’s to many more terrible trading related blog posts and mediocre watch lists!! Along with some health and fitness and productivity related crap. Wow thats one hell of a sales pitch!

Full list from Yahoo Finance

ALIM

BVSN

CBIS

CTHR

LOGL