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JBL received my final 80 score of the weekend. The hammer on 7/1 makes me a little nervous as it shows the downside risk, but on the intraday chart, it looks like there weren't many trades there -- possibly just one huge trade on the open. Other than that, support is just under 22, so it could...

ICST presents a borderline 80 for me. It did not pullback a whole heck of a lot from the recent high before the consolidation. But it has challenged pretty much the same support level the last three days in the 30.70 - 31 area, so worst case is a stop below this level.

As I look at the charts I'm posting, they all seem to be similar. Strong uptrends, a relatively sharp pullback, and some recent consolidation. Since they were in such a strong uptrend previously, I like them from the long side rather than the short. But that is why I may not enter any of...

I was in AMLN recently and got out. It may be time to get back in.

I hit preview reply on my last post and lost the attached file I browsed for. Here it is.

Another 80 is TRAD. I feel like if I can catch a bit of a bounce off of the 7/1 low, it would be a good bet for a long position. It has a little more downside risk than REGN, and is more volatile (ranked 6 in my volatility rankings), so I'd have to keep a close eye on it.

On all of these charts, the upper left is daily (usually 66 day -- the number displays above the chart), the upper right is weekly (78 week), and the lower left is intraday (usually a 6 day, 5 minute chart to look at general trends without getting into specific candle patterns). If you looked...

Here's a symbol I scored an 80 in my rankings this weekend and view as a potential long candidate. I like the fact that the downside risk is not great if I set a stop where the red line is (on the daily chart). As with all of the charts I post, I will not necessarily take a position in them...

I'm glad you found the information useful. I calculated the indicators myself (when I used them), because I wanted to understand what they were doing, so I have the code to do so and don't need this feature of the toolkit. The only thing I wish I had was empty point handling (for weekends)...

Why you would want to short this guy is beyond me. Attached is a weekly chart.

In another thread, someone had a link to an article that talked about fish and ponds and related it back to trading. One sentence from this article caught my eye. While talking about trading from the daily charts, the author said: "Can you handle the big swings in price? Can you watch your...

I like it because you don't have to worry about memory management and pointers, the two most difficult parts of C++. C# is a very good, clean language. I bought a charting package from a company called Dundas. I'm typically not a big proponent of third party controls, but in some cases, like...

At one point, I had spent a lot of time writing all of this pattern recognition code looking for a bunch of different things and alerting me when prices did this or candlesticks did that or indicators did the other thing. I ended up scrapping it (for now) and just going back to basics and...

Hi Richard, Thanks for the post and for the compliments. I wrote my software in C#.net. I use the MyTrack SDK for realtime data. I use IB as my brokerage. My formula basically takes the ADR and divides it into the price to give me an idea of how much a particular stock moves. The...

nice. you give the guy a hard time and you can't spell 'language'.

FinePrint is great!

Generally, you need Adobe Acrobat, which is about $250. However, there is shareware available that looks like it does it, based on the descriptions. Go to www.download.com and search for pdf create. Here's a URL: http://download.com.com/3120-20-0.html?qt=pdf+create&tg=dl-2001

Thanks for the post. I've been considering hedging my positions with options or something. I don't know if I trade big enough to make it worth my while right now. I think I would spend away more on my puts or calls than how much the rare catastrophic event will cost me. I blew out for the...

What happens if it takes two months to get back to that range? Or longer? You should sell it if the market goes down. You can always buy it again on the way up when it comes back.

I just read the money management chapter from Teweles and Jones' "The Futures Game". It is worth the price of the book by itself even if you don't trade futures (I don't). -- DG