Back in $FTK @ 2.3978

Looks like a nice little dip.  Might add to position if there's more.

More housecleaning... $VLO and $CNO

Selling off more shares that I had no basis for buying in the first place.

Sold off $CNO for 2.242 (0.47/share loss)
Sold off $VLO for 17.15 (1.11/share loss)

Actually, in the case of $VLO, I noticed that the stocks from the S&P 500 performed very poorly with my trading strategy--so I will be sticking with Russell 2000 stocks only.

In $EXAC at 14.55

Also looking at $WNR, but no position.

In $SNTA, out of $GRO

I decided to start weeding out positions that I don't have any conviction in, especially if they're down.

Sold $GRO for a loss @ 3.03 (average purchase price 3.45).
Bought $SNTA @ 2.608

Stock watch list for 6/11/2009

I'm currently in $MNI, so I won't be considering any additional buys.

The following stocks have hit the "Buy" condition on my strategy, so ran the backtesting results on each independently.

$EXAC - YTD 15% gain with strategy, 12% of time in market, 1 round-trip
$MNI - YTD 30% gain with strategy, 17% of time in market, 1 round-trip
$SNTA - YTD 50% gain with strategy, 44% of time in market, 1 round-trip
$SYUT - YTD loss (5%) with strategy, 64% of time in market, 1 round-trip
$TSYS - YTD flat with strategy [only position is one initiated at close], 0% of time in market, no round-trips

Sold $FTK for 2.6265

I put alerts on the hourly chart for $FTK after watching it approach a peak, and the alert just tripped. I'm all out of $FTK for now.

In @ 2.40
Out @ 2.6265

In $MNI and $SBCF

$MNI @ 0.7884
$SBCF @ 2.7387

Cashed out of $SPNG at an average of 0.135 or so

Bought in at 0.079-ish. At least it more than offset my $BZ blunder.

May need to spend some time looking around to consolidate and raise cash. Feeling a little too fully invested--maybe it's just the down market.

Sold $BZ for 1.95

That's -.40, looks like the shares have peaked and have a solid trend
downward now. Cutting my losses.

Orders in for $DYAX, $NL, and $SBCF

Ok, I spent some time backtesting the strategy used to pick the above stocks for different accounts, starting funds, and commissions. With a limited amount of money, the strategy was 15% down over the last 52 weeks. My best scenario was using $20,000 with $2,000 buy-ins per stock. Worst case scenario was screening the S&P 500 for this strategy. Best case scenarios involved the Russell 2000. A lot more screening to do, but probably a little less risk of buying into a fully matured company that has resorted to shananigans to continue earnings growth.

The following test is for $700 in capital in a BuyAndHold IRA account ($2.99 commissions), with $200 buy-ins per stock that hits the buy signal. At the end of the test, the positions are liquidated:

Symbol	Date	Action	Quantity	Price	Profit-Loss	Profit-Loss %	Cumulative P&L
ARTC	1/2/2009	Buy	41	4.86	0	0	0
ACAD	1/2/2009	Buy	219	0.91	0	0	0
APP	1/2/2009	Buy	91	2.18	0	0	0
APP	2/11/2009	Sell	91	2.28	3.12	1.57	3.12
VPHM	2/11/2009	Buy	32	6.19	0	0	0
VPHM	4/7/2009	Sell	32	4.88	-47.9	-24.18	-47.9
CYTK	4/8/2009	Buy	121	1.65	0	0	0
ARTC	4/20/2009	Sell	41	10.7	233.46	117.16	233.46
RGLD	4/20/2009	Buy	5	35.77	0	0	0
MPG	4/21/2009	Buy	206	0.97	0	0	0
MPG	6/5/2009	Sell	206	1.12	24.92	12.47	24.92
ACAD	6/5/2009	Sell	219	2.49	340.04	170.63	340.04
CYTK	6/5/2009	Sell	121	2.95	151.32	75.79	151.32
RGLD	6/5/2009	Sell	5	44.91	39.72	22.21	39.72

Bought in $VLO @ 18.26

It was only stock that popped up on my screener out of the S&P 500.

Bought into $FTK @ 2.40 and $SPNG

Yeah, I have no idea what possessed me to dabble in a BB (SPNG)...
Costco, yeah... I know. It could be their big break, yada, yada,
yada.

As for $FTK--my Ult Oscillator 60-min technical indicator that I was
playing with screened it out among some of the stock mentions today
from the experienced traders. Don't have any major convinction behind
it and may dump the position in a heartbeat if it does or doesn't pay
off.

Sold $TXT for no gain

In @ 11.95, Out @ 11.96... held for a month with little to no movement.

Bought in $CNO, $BZ, and $GRO

Decided to dabble in some more sub-$5 stocks:

$CNO @ 2.69
$BZ @ 2.38
$GRO @ 3.45

To heck with the creep towards the 200 MA on the S&P - sold $UYG and $LUV

...I'm getting out of this party before the neighbors call the cops.

$UYG in @ $4, out at $4.24.
$LUV in @ $6.68 out at $6.92.