Quote from thehangingman:
Here is what I found most useful. A simple strategy.
Start looking at yahoo top % gainers around 10-10:30ish. Then look at the name of the stock and the volume. Keep looking every 30 minutes. Anything that has "China", "asia" or something similiar is probably going to be a hit for the rest of the day. Sometimes they dont have anything asia in the name, so you have to look a little deeper. Sometimes they dont come everyday. However, when they do come then its like a freight train and well worth checking.
The yahoo list is great because you can click on the name and look at the profile to see what the real deal is. I highly doubt anyone knows what China Precision Steel is about...Im not even sure if they make steel or instruments or whatever. . .