Larry Connors Books

[Privateer]

Sterling,

here the scan results ( done with MetaStock )
for some JC strategies as of today ( 01/05/01 )

All Buy signals. Please be informed, that I scan only about 500 Stocks & Indices - not nec. the S&P 500 Stocks.
I don't follow thinly traded stocks, like JC does ( i.e sometimes less than 40K shares a day ).
However, I ususally look for stocks with an average daily trading range ( 30 days ) of at least 3USD and a price somewhere between 30 and 100 USD

So I adapted these filters in some of my JC's scans.

Gilligans Island and Expansion pivots may produce large lists of stocks to watch. In order to narrow the scope, I have additional filters concerning trading volume inplace on these scans.

As for profit taking :
JC describes no exit strategies other than the stops.
So profit taking is at his own discretionary decision.
Most of the trades he described returned a profit in the 1 -4 point range - depending on which stock he traded
Almost all of JC's trades are daytrades. He rarely carries a position overnight.

Here the results of thew scans :

1234 Buys
Symbol, Close, Entry, Stop,
MMM 119.000 121.625 115.562
SLM 67.875 68.000 60.625
UTX 73.562 77.875 72.688

Expansion Pivots
Symbol, Close, Entry, Stop,
AMAT 44.375 50.250 48.625
BBY 38.438 40.125 33.500
BGEN 55.312 58.437 57.000
CHIR 43.938 49.125 47.031
IDTI 42.812 43.937 41.812
IMNX 40.688 46.500 45.094
SYMC 36.812 40.687 38.312
WWCA 42.812 45.125 41.812

Gilligan's Island
Symbol, Close, Entry, Stop,
ADLAC 50.312 50.937, Entry - 1
BBY 38.438 40.125, Entry - 1
ERST 40.688 41.313, Entry - 1
IDTI 42.812 43.937, Entry - 1
ITWO 50.000 50.687, Entry - 1
LXK 48.125 49.500, Entry - 1
NT 36.250 37.063, Entry - 1
PLCM 36.625 37.937, Entry - 1
SAWS 48.312 50.156, Entry - 1
SIRI 32.562 33.875, Entry - 1
TXN 52.062 54.813, Entry - 1
XLNX 52.312 53.750, Entry - 1

Lizards Buy
Symbol, Close, Entry, Stop,
AES 49.812 50.560 49.310
NBR 54.150 54.875 53.625

Slingshots Buy
Symbol, Close, Entry, Stop,
MCD 33.000 33.250 32.471
RD 60.688 62.000 60.766

Now check for your self today how these plays may work out.

I don't recommend plungin in any of these trades without prior research !!!

P.S. - Sorry, tried to copy an excel spreadsheet to this post - didn't work

 

[MichaelNorris]

Barnes & Nobles as well as Borders book stores will let you order a book and then call you when it comes in, with no obligation to buy the book if when you get there and you sit down to browse through it and see you don't like it. You can just hand it back to them without ever having to purchase it if you did not like it and they'll happily send it back for you. Even if you took it home and decided you did not like the book, they give you a 30 Day return policy even on books they special order for you. And yes they can order those books, I've bought Cooper's book from them myself. They can find the book by Title, author, or publisher who in this case for those books is Gordon Publishing.

 

[Sterling]

Privateer

Friday wasnt a very accurate test for JCs strategies. If you find time can u run a few again? By the way did you actually use Jeffs tracking software to get those scans? Are those metastock formulas that people posted accurate? Do you have more success with tradeprospector or JCs strategy? Would using tradesprospector in conjunction with JCs strat improve success? Whew, what alot of questions

Thanks for your help

sterling

 

[Sterling]

Quote from Sterling:

NKNY

Can you tell me whats in that book that deserves that price?
Usually i go to the nearest bookstore for a browse through before i buy, but no store carries it in stock.

thanks

Sterling

HEHE

This is hilarious!!! This only shows the extent of my unenlightenment back in those days!!