GMXR showed the same pattern today - nice price improvement, but no real volume follow through. Even though price looks good, I avoid these trades on lower than anticipated volume. It doesn't take much to send price cascading lower with a volume push in the opposite direction.
- Spydertrader
You describe a very similar approach to how the Hershey Equities System should work - holding multiple streams of equities. However, rather than use a timed stop approach as described in the Journal link in your post, Jack's system replaces the 'faltering' stocks before they actually begin to...
Speed Channel plans to broadcast Qualifying for The Sony HD 500 Nextel Cup Series Race from California Speedway - on Friday at 6:30 PM Eastern Time.
This weekend's racing schedule:
Formula One
Off Week
Nextel Cup
Sony HD 500 - NBC Sunday 7:00 PM Eastern Time
Busch Series
Carfax...
8888broc posted some interesting results a few months back showing how selling if volume does not exceed Average Dry Up Volume by 11:30 AM improves profits.
- Spydertrader
I have found some of the best people have their names on Nitro's ignore list. Now, if you'll excuse me, I seem to be experiencing some difficulty ....
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