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Strategies & Market Trends : WELCOME TO THE CATHOUSE

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To: Doug R who wrote (66)8/12/1999 11:44:00 AM
From: ivan solotaroff  Read Replies (1) of 1065
 
SBUX

Nice confirmation for the Volume+1 Exit Signal Method:
bigcharts.com
Three-step process:
1. Buy on signal.
2. Monitor for post-signal volume high day.
3. Sell early the next morning.
SBUX's post-signal volume high day happened to be the day after the signal. Selling at the opening would have netted the avid fancier 10% (optimal return, but easily achievable) in basically one trading day. Not too shabby in the midst of a correction.

Ivan
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