Picks Info
Picks Archives
Trading Rules
Legal Notices
Already Signed Up?
OTA
Login Here
Additional Links
OTA
Contact Us
Site Map

OTA's Picks for Momentum


December 16, 2009

No Picks today due to the FOMC Meeting.

Please Watch the Market Carefully.

Do NOT Place Bets!

 

 

STOCKS FROM DECEMBER 15, 2009

Stock

Buy ($)

Sell ($)

P/L ($)

% Gain

ALTR

NT

 

 

 

FEED

$4.82

$4.79

$(30)

(.62)%

KLAC

NT

 

 

 

PAYX

NT

 

 

 

SYMC

NT

 

 

 

 

 

 

 

 

Today

 

 

$(30)

(.62)%

Month-to-Date P/L December 2009

 

 

$350

1.74%

 

 

 

 

 

Year-to-Date P/L

  

 

$8,700

58.38%

*Percentages are based on Percent Gained/Lost per Trade accumulatively

 

ALTR – No trade.  Stock did not break resistance.

 

FEED – FEED broke resistance early, hitting a high of $4.81.  The stock broke to new highs at 10:45am EST, which is where we entered this trade.  The stock stalled at this price after a few minutes and started to break down.  We sold at $4.79 for a small loser.  We gave this trade less leeway due to the weak market and the fact that the stock could not break through highs and make any sort of move.

 

KLAC – No trade.  Stock broke resistance during the lunch hour, which is a time of day we do not make trades.

 

PAYX – No trade.  Stock did not break resistance.

 

SYMC – No trade.  Stock did not break resistance.