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Strategies & Market Trends : Angels of Alchemy

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To: SirRealist who wrote (371)5/28/2000 1:43:00 AM
From: MSB  Read Replies (1) of 24256
 
Message 13781749

So who's willing to help?

Kevin,

Regarding two parts of the post:

1. As we move off the bottom, watch. Watch who's buying and what they're buying. After every succeeding 'up' day next week, report which funds are buying and what they are buying.

Couldn't help here, but

2. After every up day, buy the Wall St. Journal. Pore over every last dang listing on NASDAQ and jot down what rose and what fell. Tally them from the first up day to the end of next week,* and tally the volume, too.

I could help with No. 2 if you'd be willing to give me half of one letter to watch, my time being limited to evenings, provided I understand exactly what you're asking. Since I don't have access to the Wall St. Journal would USA Today be a reliable substitution?

* This throws me a bit. Recording starts the day the stock shows a positive upward move suggesting some of the stocks would be followed and recorded more or less than other listings under the assigned alphabetic letter?

Also, how about advertising this idea a little? Seems to me, even though I know a few people on SI who wouldn't necessarily follow short-term trading threads, the info would still be useful to them as well for longer term investing.

One other thing. Why just the NASDAQ? Because most people on SI follow it far more than the other American exchanges, and/or because the task could be rather daunting.(It would be nice if all the companies could be reduced to ticker symbols for a respective alphabetic letter thereby allowing most of the info to be gathered via Yahoo Finance or a like site using the "Detailed" option.)

Like your idea, Kevin. Willing to help in some capacity although muted.

Mike
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