Recent content by paultx

SIGM also signaled a trade this morning. Average DU was 120,809. SIGM had traded 80,286 shares by 10:30. Price was 9.13. This was .54 above the previous day's close. Stochcastics were 84.29 and 75.75. MACD was positive. It did not acheive FRV by EOD and was closed at 8.81 for a 3.5% loss.

My mistake. I confused the watch list with the final universe.

COGT also met the criteria using QCharts. I bought 20 shares of each. SNDA got stopped out today at the 5% loss. COGT was still breaking even the last time I checked. BTW - Spydertrader, why did SNDA and COGT leave your watch list?

My data indicated that SNDA met the buy criteria at 10:30 yesterday. Here is my 30 min. chart of SNDA. The bar to the right ended at 10:30. As you can see the StochK was at 94.97 and D was at 85.82. MACD was positive. We agree that volume was sufficient. It's got me beat. I wish I could figure...

I wonder if the volume discrepancies are the result of an overnight session being included in the data I was looking at and not included in your data. I don't know a lot about overnight trading of stocks. I see references to it but know nothing of the details. 20,000 shares still seems like...

SPTN traded 29,487 shares the first ten minutes of trading. By 11:30AM EDT, it had traded 47,919. I verified this from two different sources. This was well above your Chartscript "low" DU figure of 19,775 and well above the 23,139 you obtained from your "data provider". A 5-13-6 MACD was...

I entered a trade on SPTN this morning. I did not have a chance to look at it until around Noon. It was up .15 from the previous days close, it was twice the DU value, the MACD was positive and the stochastic was 83. I bought at 10.95. At EOD it had met FRV but was down to 10.83. I held the...

Thank you for the explanation. I think it tied most of it together for me. Couple more questions- 1. If a stock does not have a score of 0 or 1 on your Chartscript, do you bother to monitor volume the next mprning for a buy signal? 2. If you have bought in the morning, at EOD is it...

Reno, Thanks for your reply. I had read Spydertrader's reply to you and had came to about the same conclusions that you did. There were a couple of things that made me wonder. The FRV given on the chartscript is 3 x "average" DU. This implies that "average" is the DU figure being used...

Spydertrader, I've been following this thread with great interest. The system intrigues me and your results are very good. I've read a great deal here and I believe I understand the basics: The system looks for quality stocks that have shown a tendency to cycle within the last six months...