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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: kha vu who wrote (66663)10/18/1999 4:31:00 PM
From: WaveSeeker  Read Replies (2) of 120523
 
EMAK: nice find to whomever found this one... +5/8ths on a tough day and a superb company.

On picking bottoms:

You ought to check out what I call the "SI Indicator". At the end of each trading day, write down the number of posts for the day for a popular SI thread. Market Gems is perfect for this exercise. On a typical trading day, this thread averages approximately 200 posts - on very good days, as many as 300, today was a little over 100. Plot the posts in your favorite charting software. When the number of posts < 100 by 3 pm, buy. When the number of posts > 300 by 3 pm, sell. It's kind of like a sentimental version of relative strength for swing trading.

WS
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