2005-08-10, Wednesday - Update
This morning, I monitored one list of stocks (2 total equities): Those equities from our daily Hot List and from our Final Universe List finding themselves "In Dry Up."
Dry Up Stocks
RTSX TIE
Our system generated one possible trade signal from the list of two Dry Up Stocks when actual volume exceeded calculated "Low Band" Dry Up Volume prior to 11:30 AM.
Dry Up Stocks Triggering Signal
RTSX TIE
Dry Up Stocks NOT Triggering Signal
Both Triggered
TIE did show price improvement ($63.51) at time of signal generation (9:45 AM). In addition, MACD Histogram showed a positive return (+.1249). However, The Stochastic Indicator fell below desired levels (73.75). As a result, I took no action with respect to trading TIE.
RTSX did not show price improvement ($26.22) at time of signal generation (11:09 AM). In addition, MACD Histogram showed a negative return (-.2829). Also, The Stochastic Indicator fell below desired levels (14.93). As a result, I took no action with respect to trading RTSX.
- Spydertrader