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Anyone catch GIGM today? I had it on my WL, but I'm not currently trading (paper or otherwise) due to business at my day job. It had a nice move today and in my eyeball test it looks to have made FRV. It had several low volume days in a row bordering DU. Sure would have made a nice trade on...

Doug, It does help quite a bit. I figured it was some sort of normalization. Nice idea. I use Amibroker, but I should be able to find a way to adapt this. Currently it will do me no good due to my day job, however. -ace

Volume/Mkt Cap Survey File. -ace

dougcs, Could you explain the JackGaussian volume indicator you are using or point me to a discussion on it? BTW - for anyone who's curious I had done a study during SyderTrader's first journal of various volume characteristics calculated by the WL Chartscript compared to the average...

For those of you who have Stockcharts.com subscriptions and can use their Advanced Stock Screener.... Here is a dryup scan. It won't calculate any levels for you or do anything else but tell you if there are any stocks in dryup. [favorites list = 16] and [3.33*Volume < daily...

dougcs, At one point I think you were tracking Hershey DU stocks with high short interest ratios to see if they gave an added advantage due to short covering. Have you been able to draw any conclusions about the high SIR stocks vs. 'normal' Hershey stocks? Just curious. - ace

Trading is a combination of right and left brain. It almost inevitably has to be. If you take a backtest of a system that a real life trader used over the last year, programmed in all the rules and ran it over the same time period you would - in all likelihood - find differences in the results...

gooch, I haven't been trading TASR with this method, but I noticed it maybe a month or so ago when a cycling stock scan I developed put it on my radar. It was cycling darn near perfectly and I mentioned it on this board. Right after I mentioned it it had the latest slightly more protracted...

mischief, Here's the code I promised. I haven't messed with the science of money management - more complicated forms of money management - other than position sizing based on stop risk and total portfolio. Thanks for the tip. Maybe its time for me to look into Van Tharpe's book to...

Mischief, Thanks for posting an explanation of your methodology. I've been using Amibroker to e-mail me alerts when stocks break out using MedVed QT and Ameritrade as the quote server. I've been somewhat successful, but I've been very busy at work lately so I haven't gotten too far in my...

Another system I am practicing using cycles turned up TASR last weekend. TASR is exhibitting perfect price/volume action over the last 6 months or so. I hadn't looked at it in awhile, but the price/volume pattern really struck me in its structural perfection. Thought it was interesting. -ace

I noticed this same behavior during papertrading and I instituted a rule that gives the stock a couple of days to reach FRV providing 1) Price continues to improve and 2) volume continues to increase. In my papertrading this rule has allowed several stocks to finish bottoming and breakout in...

GlennKK, Be careful that you don't cross check with web sites who use the same database. For instance Clearstation seems to use the Reuters database and I think Yahoo used to but I think they have changed. The only way I noticed something different at Yahoo was some time last year or a bit...

Smash, To meet your goal of 2%/ week you really only need a few trades so why not always only focus on the ones that you perceive as strong. Part of your judgement on what "looks" stronger has to be relied upon unless you go completely mechanical. I would say you should only ever look at the...

I've looked at that before. The 'relative' numbers aren't ranks they are just differences over the time period. The 26w relative strength is simply a 26 week ROC of the price. Its the same thing that Powerscreener does. I didn't like the Business Week one as much as the others that I...

This is the EPS comparison to the same quarter in the prior year (PYQ=prior year quarter). My thinking was to screen out the top 80th percentile of earnings growth stocks on both a short term anda long term basis. Its sort of the thinking of a basic CAN SLIM type of screen. Lots of these are...

Don, Sure. I recalibrate the PowerScreener screen it every so often using Excel's PERCENTRANK function and data from the 1500 stocks in the S&P 400,500 & 600. Line 04 is the following: {EPS%ChgTTM}>=62.OR.{EPS3YCGr%}>=38.OR.{EPS5YCGr%}>=23 Lines 04, 05 and 06 are the lines that get...

GlennK, I think your screen looks for stocks that trade at least 150,000 shares per month, not 200,000 shares per day. MPWRE trades 192,474 shares per day average (60 day EMA per Stockcharts.com), which would be close enough for me in terms of the JH screen requirement, but probably would not...

Mike, There's a fairly logical, mathematical reason that stocks in an uptrend could give better returns. Let's make the following two assumptions: 1) The cycles are traverses within in a channel from the bottom to the top. 2) We expect that the cycle will end at the top of the channel...

Clym, Thanks for your post. I'll have to try to absorb it. I've been papertrading this system (more or less) for some time now and I'll have to try to review my trades in a similar fashion to what you are doing. I've got 78 trades completed on paper. I can offer this right now, however...