What other subliminal messages do they throw at us?  I mean, if it’s going to be be green font on down days, why not a pie in the face to any guest who doesn’t agree with what MCC tits are saying?

And this begs the question…what if St. Patty’s day is a down day?  Can COMCAST implement a mandatory green tie policy?  That would make me ridiculously bullish.

Today DPS showed up on my scan again:

This is a textbook example of what I like to see out of the “Rip or Explode” scan that I post, and quite a few end up exhibiting similar momentum.  The challenge is twofold: get the right stock, and manage the exit.  Had I entered on the first entry (which is what I prefer), there’s no telling I would have held this long.  This is why to capture to extra momentum, you would want to set a trailing stop.  I sell automatically when I’m up 15-25% percent, but depending on the size of the position, I will trail with a stop, and you can see why.

Take (HSNI: 29.53 +1.10%) , highlighted in the same post as DPS, except that this one did have a valid entry:

And look at it now, up 33% from entry in less than 2 weeks:

This is what you most ideally want to see from the list.

Now, compare this to some other picks from last week:

Greenlight Capital Re, Ltd. (GLRE: 25.00 -0.32%) : Still above support so I’m giving it a chance, but the stop is tighter because based on pattern it should be popping here.

(AHD: 6.63 -2.50%) : This stock had strong resistance at 7:30 which it could not break.  The selling has been light on this pullback, but like GLRE, when a stock doesn’t fit to the pattern you have to be cautious.

Crosstex Energy, Inc. (XTXI: 9.14 +0.33%) : This one looks better than AHD to me, but they are both in similar patters in the same sector, so they will probably trade the same.

All of these stocks are slightly weaker than I like them, but still in their uptrend.  Since the market is overbought and these stocks have underperformed over this time, you would expect them show what they’re made of now, or they will sell-off.

XTXI and AHD are still up from entry, while (LIWA: 9.40 +0.75%) and GLRE are down a couple percent from entry.

All told, the small gains and losses on these so-far “failed” trades is +/- 0-8%, compared with gains of +20% on the winners.

Stops are tighter and two are at breakeven.

I’ve decided to change the format of this.  Rather than track the stocks in a spreadsheet like the one above, I’m just going to list more stocks that pop up on the screen.  The spreadsheet reflected a portfolio dedicated to the scan.  Therefore, that list was a secondary parsing as to what I thought were the best setups.  Instead, I’ll just offer a wider array of stocks.

(YUII: 10.30 +4.89%) , which was on the list already but I was sold, (WILC: 6.07 -12.66%) , and (SLK: 0.00 N/A) are my favorites after a quick glance.

But there’s also

(RST: 25.97 +1.29%) , Ruby Tuesday, Inc. (RT: 10.74 +1.90%) , Sonic Corporation (SONC: 10.40 +1.46%) , (MAPP: 16.225 +0.22%) , Brunswick Corporation (BC: 15.87 +1.21%) , Skechers USA, Inc. (SKX: 33.19 -1.48%) , Force Protection, Inc. (FRPT: 6.55 +0.46%) , Boise Inc. (BZ: 5.58 +2.39%) , and (SYZ: 0.00 N/A) that may be worth browsing.

I lot of the breakouts from yesterdays scan (not posted) ended up reversing today, with only about 33% moving higher today.  It appears that short term momentum is waning/reversing, so while it makes sense to watch these stocks, I am not taking a position in any of today’s selections.