SignalWatch: Trades on the NYSE

12/23/04

12/22/04

12/21/04

12/20/04

On our NYSE Trades page, we show daily examples of how to use chart patterns to confirm candidates and how to use them to manage a trade to completion.

Now Powered by OmniTrader 2004

Updated 12/15 for Thursday's market.

BMY is a good long candidate as it breaks out of a symmetrical triangle pattern. These patterns are typically result in a move in the direction of the previous trend, but a break in either direction presents a good medium to long term opportunity. The breakout move comes on heavy volume for additional confirmation.

Jeff Drake
Nirvana Systems

Bristol-myers Squibb Co

Sym	Date	Entry	Gain%	Strategy
THO	11/4	30.5	+24%	Default
DP	11/2	45	+19%	Trending
MMR	11/30	15.75	+13%	Trending
MER	11/2	55	+11%	Trending
HMA	11/5	21.5	+6%	Trending
PNX	11/24	11.65	+5%	Trending
WON	12/9	24.75	+4%	Trending
GTK	12/14	27	+3%	Trending
OSI	11/26	43.5	+2%	Default
PGN	12/15	45	+1%	Default
SYY	12/14	37	0%	Trending
FRX	12/15	45.5	0%	Trending
ABY	12/1	6.75	-2%	Trending
see Headings to the right..

Sym	Date	Entry	Gain%	Strategy
VNT	12/10	20.5	-1%	Trending
KMP	12/2	44	-2%	Default
N	12/6	35.25	-2%	Default
OLG	12/10	32.75	-3%	Default
see Headings to the right..

Sym	Date	Entry	Strategy
BMY	12/15	25.25	Default
TVL	12/15	19.75	Default
see Headings to the right..

Sym	Date	Entry	Strategy
No data available for this date.
see Headings to the right..

Symbols

AXE

These symbols have been removed from the Watchlist.

Sym	Trade Type	Entry Price
FRX	Long	45.5
PGN	Long	45
see Headings to the right..

Sym	Date	Trade Type	Gain
No data available for this date.
see Headings to the right..

Symbol:		THO
Name:		Thor Industries Inc
Confirming Pattern:		(None)
Entry Date:		11/4/04
Entry Price:		30.5
Last Price:		37.77
Gain/Loss:		+24%
Profit Target:		41
Stop Loss:		35
Notes:		No notes available

Symbol:		DP
Name:		Diagnostic Products Corp
Confirming Pattern:		(None)
Entry Date:		11/2/04
Entry Price:		45
Last Price:		53.4
Gain/Loss:		+19%
Profit Target:		57
Stop Loss:		50
Notes:		No notes available

Symbol:		MMR
Name:		Mcmoran Exploration Co
Confirming Pattern:		(None)
Entry Date:		11/30/04
Entry Price:		15.75
Last Price:		17.8
Gain/Loss:		+13%
Profit Target:		19.25
Stop Loss:		16.5
Notes:		No notes available

Symbol:		MER
Name:		Merrill Lynch & Co
Confirming Pattern:		(None)
Entry Date:		11/2/04
Entry Price:		55
Last Price:		61.03
Gain/Loss:		+11%
Profit Target:		65
Stop Loss:		58
Notes:		No notes available

Symbol:		HMA
Name:		Health Management Assoc
Confirming Pattern:		(None)
Entry Date:		11/5/04
Entry Price:		21.5
Last Price:		22.77
Gain/Loss:		+6%
Profit Target:		25
Stop Loss:		22.25
Notes:		No notes available

Symbol:		PNX
Name:		Phoenix Companies
Confirming Pattern:		(None)
Entry Date:		11/24/04
Entry Price:		11.65
Last Price:		12.25
Gain/Loss:		+5%
Profit Target:		14
Stop Loss:		11.65
Notes:		No notes available

Symbol:		WON
Name:		Westwood One Inc
Confirming Pattern:		Resistance Consolidation
Entry Date:		12/9/04
Entry Price:		24.75
Last Price:		25.8
Gain/Loss:		+4%
Profit Target:		32
Stop Loss:		24.5
Notes:		No notes available

Symbol:		GTK
Name:		Gtech Holdings Corp
Confirming Pattern:		Consolidation
Entry Date:		12/14/04
Entry Price:		27
Last Price:		27.75
Gain/Loss:		+3%
Profit Target:		32
Stop Loss:		26.5
Notes:		No notes available

Symbol:		OSI
Name:		Outback Steakhouse Inc
Confirming Pattern:		(None)
Entry Date:		11/26/04
Entry Price:		43.5
Last Price:		44.56
Gain/Loss:		+2%
Profit Target:		50
Stop Loss:		42.5
Notes:		No notes available

Symbol:		PGN
Name:		Progress Energy
Confirming Pattern:		Resistance
Entry Date:		12/15/04
Entry Price:		45
Last Price:		45.43
Gain/Loss:		+1%
Profit Target:		48
Stop Loss:		44.5
Notes:		No notes available

Symbol:		SYY
Name:		Sysco Corp
Confirming Pattern:		Consolidation
Entry Date:		12/14/04
Entry Price:		37
Last Price:		37.09
Gain/Loss:		0%
Profit Target:		41
Stop Loss:		36
Notes:		No notes available

Symbol:		FRX
Name:		Forest Laboratories Inc
Confirming Pattern:		Trendline Break
Entry Date:		12/15/04
Entry Price:		45.5
Last Price:		45.4
Gain/Loss:		0%
Profit Target:		64
Stop Loss:		43.5
Notes:		No notes available

Symbol:		ABY
Name:		Abitibi-consolidated Inc
Confirming Pattern:		(None)
Entry Date:		12/1/04
Entry Price:		6.75
Last Price:		6.63
Gain/Loss:		-2%
Profit Target:		8
Stop Loss:		6.45
Notes:		No notes available

Symbol:		VNT
Name:		Compania Anonima Nac Tel
Confirming Pattern:		Support
Entry Date:		12/10/04
Entry Price:		20.5
Last Price:		20.8
Gain/Loss:		-1%
Profit Target:		17
Stop Loss:		21.5
Notes:		No notes available

Symbol:		KMP
Name:		Kinder Morgan En Prtn Lp
Confirming Pattern:		Trendline Break Consolidation
Entry Date:		12/2/04
Entry Price:		44
Last Price:		45.01
Gain/Loss:		-2%
Profit Target:		40
Stop Loss:		45.5
Notes:		No notes available

Symbol:		N
Name:		Inco Ltd
Confirming Pattern:		Trendline Break
Entry Date:		12/6/04
Entry Price:		35.25
Last Price:		36.1
Gain/Loss:		-2%
Profit Target:		28.5
Stop Loss:		36.5
Notes:		No notes available

Symbol:		OLG
Name:		Offshore Logistics Inc
Confirming Pattern:		Trendline Break
Entry Date:		12/10/04
Entry Price:		32.75
Last Price:		33.67
Gain/Loss:		-3%
Profit Target:		26
Stop Loss:		34.5
Notes:		No notes available

Symbol:		BMY
Name:		Bristol-myers Squibb Co
Confirming Pattern:		Consolidation
Entry Date:		N/A
Entry Price:		0
Last Price:		0
Gain/Loss:		0%
Profit Target:		28 (10.9%)
Stop Loss:		24.25 (4.0%)
Reward:Risk Ratio:		2.8
Notes:		No notes available

Symbol:		TVL
Name:		Lin Tv Corp
Confirming Pattern:		Trendline Break Consolidation
Entry Date:		N/A
Entry Price:		0
Last Price:		0
Gain/Loss:		0%
Profit Target:		24 (21.5%)
Stop Loss:		19 (3.8%)
Reward:Risk Ratio:		5.7
Notes:		No notes available

Headings: On Positions

Date - Date the trade was entered on the page

Entry - Price we entered the trade at.

Last - Most recent closing price.

Gain% - Percentage gain since entry, using Entry Price and Last Price

Headings: On Watchlist

Date - Date the symbol was added to the Watchlist.

Entry - Price to enter trade at.

Reward:Risk - The ratio of potential reward relative to potential risk. Click here for more information.

All contents © 1999-2004 Nirvana Systems, Inc. unless otherwise noted.
OmniTrader, VisualTrader, ARM2, and SignalWatch are trademarks of:

Nirvana Systems, Inc.
7000 N. Mopac, Suite 425
Austin, Texas 78731 USA
Phone: 512-345-2545 Fax: 512-345-4225
Disclaimer and Privacy Policy