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Congratulations to all of you who were in REDF today (or still are). It's good to hear that the methodology has the same potential when extended to a slightly larger number of names. I'm still long IRIS after yesterday AM signal.

I doubt, but you should read this: http://rules.nyse.com/nysetools/Exchangeviewer.asp?SelectedNode=chp_1_3&manual=/nyse/nyse_rules/nyse-rules/ Check out the sections "Handling of Orders and Reports", "Auction Market" and "NYSE Direct+".

Point well taken, in normal conditions I wouldn't trade energy stocks. I saw the strong action with good prints this morning and I didn't hesitate to go long but I was just lucky not to notice the stock sector and to go through the pullback that affected most oil stocks after 10:00.

Thank you.

Today was my first day trading dummies (which doesn't look like dummy trading anymore but the basic idea is still there) with real $$$. Overall a good day with 42c in LPL and $1 in KWK. I actually covered LPL too soon (as I type it's still going). Small losses in GNSS, KR, FTO and SWY after...

Also today we had a larger number of stocks in DU. I am tempted to think that I should do something to extend the final universe so to have more DU stocks everyday...

Very interesting observation. I would add there is a higher chance for fake signals during a market uptrend, like we experienced last month. If stocks are strong in a weak market, it's a good sign of accumulation.

It would be interesting to hear the reason behind this forecast.

jpwood, excellent script, thank you for your contribution. I like the two price and volume MACDs at the top of the chart. When I use the script to scan my initial universe, I can't get any stock in the final ranking list although the script does trace the 5 price cycles when I run it on a...

How did you monitor NFLX on Dec 1 before it showed up on the DU list the day after? Maybe you just eyeball all final universe stocks and select those that are at the lower end of the channel on low volume for EOD pre-monitoring?

And how about GP...

Another great morning for failed setups. Here's CNQ, trading more than double regular volumes.

Spyder, why would you not currently hold BOOM shares? Can you elaborate on this?

Bought KNDL at 25.11.

martys, I don't know if you survived that dip at 24.20 but if you're still in it might be not that bad. There was a volume spike during the dip indicating strong support, I am actually watching KNDL close for a buy at the close.

Now that most of us are holding on their BOOM shares, I run one of those annoying little studies where I calculate the worst intraday drops for the stock over the past month, just to have an idea of what to expect from our dude. Other than a nasty ride of $4.50 up and down on 11/8 (don't know...

That's right, simplicity is key. I was a trading systems programmer for many years, in one occasion I implemented an equity market neutral risk model for one of the trading groups where I worked. The recipe: 1. Max $ risk per position (that's right, like in real american dollars --period) 2...

I'm not sure to understand what you guys are talking about. So let's say I'm average Joe investor (which I am) and planning to invest part of my $10,000 cash savings in the stock market for a couple of years. Are you recommending to buy ($10,000*6%)/125.41 = 4 shares of SPY and get out if the...

The daily True Range formula does factor-in overnight gaps although I agree it can't nothing against what is referred here as a black swan situation: Wilder started with a concept called True Range (TR) which is defined as the greatest of the following: The current high less the current...

Comfortably holding my BOOM shares as it was showing good strength relative to the S&P. I put together an Excel spreadsheet that flashes alerts when Volume reaches DU, FRV and PV and tracks the % level of these three volume levels. It also calculates shares allocation, target price and stop...