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Registered User
Joined: 4/18/2005
Posts: 4,090
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Hi, my name is Scott and I'm a pack rat. 
I'm trying to slim this list down. It represents the spill over of previous selections (some past trades) from my Joint Signal scan. There is a mix here... Potential short term bottoms, Counter trend trades that look possibly due for a bounce and trending stocks that are probably ok but are awaiting a fresh entry point. I prefer to keep this list down to around 40 or so... SO i'm curious to know which ones you guys HATE the most . I've whittled down the list already some but now I'm going in circles as I come across the charts that could be removed but I start making excuses to hold them for a bit longer... but I need to make space for new additions....the thing is the new ones come in faster than the old ones go out.
So I'm wondering what some of you see as a completely baffeling decision (on my part) and why... just briefly.
This isn't my olnly list either.. but I check this every night watching, waiting for my entries. What gets my attention is this: XAVG(TSV,24) > 0 AND XAVG(TSV1.1,24) <= 0 and MS > XAVG(MS,25) AND MS1.1 <= XAVG(MS1.1,25) and then I look for entry in the context of the 20,35,50 squeezed togeather, or a counter trend trade, price below the 20 ,witch is less than the 50 and spread as far as possible, with a positive divergence building. There are volume requirements Volume greater than 100,000 for the last 20 days, just helps with liquidity. The signal is best when coming in an up trend.. BUT the probabilities of it leading to a mojor or at least considerable move come when it falls in a flat or intermediate term bottom
AAV
AEZ
AKAM
ANAD
AP
ASTI
B
BBBB
BIOS
BMRN
CAL
CLHB
CRL
CYTR
DCP
DRI
EBF
EICU
EK
ENER
ESLR
FRX
GLW
GROW
INTC
LNT
MCRS
MWV
NANO
NGS
NSC
NSTR
NVTL
NYX
OMTR
ONNN
OSIR
OSUR
PALM
PLXS
PNW
RVBD
SGMS
SPY
SWIM
SWKS
TGB
TRAD
VLCM
WFMI
WYE
thanks, this should be interesting to see your thoughts. A search of this site will bring up the steps to import a list of stocks from the web. but basically copy and paste to word or note pad and re-save the file as a ".txt" file..... you can then import it into Telechart.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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I would just pick a timeframe.
(this year?)
and focus on the strongest.
(percent change)
Look at AKAM. If you had to trade it
in the last few years. Wouldn't you want to be
focused on it in the mid2005 to early 2007
period?
AAV early 2007?
AP mid 2005 to early 2007?
CAL late 2005 to early 2007?
AEZ early 2004?
and so on.
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Other than that. I would focus on those in
the best sectors.
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An interesting idea may be to use your
20,30,50 as a general filter. Than zero in on the
exact trade with the first diceman indicator.
(the one in the HNC/Diceman post)
Thanks
diceman
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Registered User
Joined: 3/14/2005
Posts: 64
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My scan narrows it down to this list:
B
BBBB
CLHB
NGS
NYX
SWIM
TGB
WFMI
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Registered User
Joined: 3/14/2005
Posts: 64
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save it to a new watchlist and watch the watching tracking report for a few weeks, see what does what.
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Registered User
Joined: 3/14/2005
Posts: 64
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save it to a new watchlist and watch the watchlist tracking report for a few weeks, see what does what.
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Registered User
Joined: 4/18/2005
Posts: 4,090
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Diceman: "Look at AKAM. If you had to trade it
in the last few years. Wouldn't you want to be
focused on it in the mid2005 to early 2007
period?"
I did... ahh the happy days AKAM is my biggest gain and multiple trade to date.
AAV: Got in it yesterday 
"
I would just pick a timeframe.
(this year?)
and focus on the strongest.
(percent change)" ---- could I ask you to elaborate? what sort of period? The whole thing witht he Mas is to try to catch them at the hot ponts. I guess it's a balance.. you want some gains.. but to get in at a point of compression before all the great gains are gone... but reading the left side of the chart is easy.....
SPARKS OR: so an established up trend seems to be a big focus for you... but why CLHB made the cut That was one I considered dumping the most. Weekly view is a bit toppish looking on some views?
Thanks to all of you.
Scott
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Registered User
Joined: 4/18/2005
Posts: 4,090
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Oh I dumped several that gapped down today and some that clearly were not candidates for my groud rules any more an donly had one new addition.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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"could I ask you to elaborate? what sort of period?"
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I typically look at 6 months to a year.
Obviously this just puts strength in front
of you. Then you have too look at the trade.
There will always be the ANAD that just
dumped but that's the way it is. Typically
you will make money before it happens.
I found in my strength scans. Stocks
and sectors stay in front of me for about
7 months (something like an average of 144
days) before they loose their steam.
Obviously some will be quicker and some
longer.
The way I look at it. If the trend hasn't started.
You are just catching bounces. (which is OK
as long as you can consistently do it)
It also helps if you are focused on strength
when a cycle low/ bottom forms in the SP500.
(march 2007 august 2007)
I also like to keep an eye on how much the
stock corrects (or doesn't) on weak days.
(notice GOOG since about 10/10/2007 vs. the
SP500)
Thanks
diceman
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Registered User
Joined: 4/18/2005
Posts: 4,090
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"It also helps if you are focused on strength
when a cycle low/ bottom forms in the SP500.
(march 2007 august 2007)"
so sorting by the abount of the correction leading up to what you think the bottom makrker is prior to entering to catch stocks for the next up swing?
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Registered User
Joined: 4/18/2005
Posts: 4,090
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"The way I look at it. If the trend hasn't started.
You are just catching bounces. (which is OK
as long as you can consistently do it)"
What is your prefered method of calling a "trend"... a series of higher lows on some time frame? or a moving average crossover.
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Registered User
Joined: 1/28/2005
Posts: 6,049
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"What is your prefered method of calling a "trend"."
--------------------------------------------------------------------------
Typically I like to see price above a 28week
exp. moving average.
The strongest trend zones are when the low is
above the average.
While most short-term stuff will work "during"
the trend. The best time to focus on is
when the low has been below the average
and moves above for the first time.
The 28 week also acts as a filter to stop
trading. (notice that ANAD may show up
on many "strength" scans but would be
off the table because it has fallen under
the 28 week)
I also don't like when the average has gone flat
and the highs/lows are slicing thru it.
DIS is a good example of this. It was "tradable"
from 2/09/06 to 6/05/07 as it rose above the
28 week and the average rose. Since then
it has been chopping above and below a
flat average.
Thanks
diceman
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Registered User
Joined: 4/18/2005
Posts: 4,090
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Thanks Dice. I've closed telechart right now to work on some baby videos but I want to look at this later today and maybee post some charts with questions if you dont mind. But in a nut shell is price crossing over the 28 week the point of significance for you?
also on stocks that are moving and trending do you fuss much over the price or setup you get in at or not? Or is it more of a continued accumulation thing and eventually it works out and you've done it with a low cost basis?
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