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Strategies & Market Trends : Three Amigos Stock Thread

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To: Ditchdigger who wrote (28951)8/16/2002 3:02:50 PM
From: LAWRENCE C.  Read Replies (1) of 29382
 
DD, I'd pass on it for short term trades. It has a poor profit/loss ratio, currently 1.02. You can check about 3 non-leader stocks a day at:
stockconsultant.com
I subscribe to the site since I find the info useful for determining which stocks to trade.
I rank my potential trades by multiplying (% Profit Potential) X (Profit/Loss Ratio) X Target Potential (4 for Excellent; 3 for Good; 2 for Fair; 1 for Poor).
Lawrence C.
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