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Strategies & Market Trends : January Effect 2002

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To: RockyBalboa who wrote (80)2/3/2002 9:50:51 PM
From: Q.  Read Replies (1) of 91
 
Congratulations, Midland, for thrashing me two years in a row!

I agree that using a lower limit of 0.40 on the stock price is a good idea. That will help get rid of companies that are about to go BK. It would have eliminated MCLD.

MCLD could have been eliminated using several other criteria as well, such as volume. It traded more than a million shares a day, whereas most other stocks I traded were much thinner.

Midland, do you have any suggestions for a volume criterion? I think that perhaps you applied a maximum volume criterion and that you also sought stocks where the volume increased in the last few days of January. Is that right?
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