I have updated watchlists in the High Growth Stock section.

The attached word file documents the complete method of buying and selling the simplified system that I am using. The system contains one buy rule and six sell rules, and it is designed to keep you in longer to achieve the kind of gains that are available even in this range bound market. Also in this paper is the Coppock curve method I and others use to detect market changes from bear to bull market conditions. I included the Coppock discussion as there are good times and not-so-good times to enter a rally. The end of February was the time to enter the current rally.

Navigating a Range Bound Market.docx

I will post the paper in a training section when Pascal shows me how to do that.

ACIA is one of the items on my watchlist. To own ACIA I had to buy it twice, getting stopped out once. I show in the image below my two buy points and one sell; I still own it. I consider my second buy about $1 late. My hope is that it will form a high-tight flag and then breakout. My desires require a lot of cooperation of Mr. Market. A high-tight flag forms when a stock price rises 100% or more in eight weeks or less (flag pole) and then forms a short consolidation (flag) correcting less than 20%. Rising this fast and then giving little of it back shows enormous strength. The buy point is as the price rises above the consolidation, making new highs. The flag structure requirements are the same as for an IPO base. Bill O'Neil has noticed that an IPO base is like a high-tight flag suspended in air without a flag pole. ACIA has corrected only six days so far, quite short. Otherwise, the pullback looks normal, and ACIA may have found support at the 38.2% retracement. ACIA is a leader in high-speed data center interconnects using fiber optics. There is a large changeout underway to 100G and 400G interconnects.

Name: ACIA.GIF Views: 239 Size: 162.1 KB