MEOW MIX
Esteban:
Great post.
I can't get to all your points today (have a deadline tmw 9 am), but I didn't want yours to go entirely unanswered. Off the top of my head, I have one other: PETM, which gapped about 28% (close enough, I think) on August 8, and has been purring and scratching like a good little kitty ever since. A good one to study, IMO, for feline tendencies.
Everything else looks fine, again off the top of my head. I don't know if I mentioned, but I sometimes smoke cigars with a currency trader who was aware of and soundly appreciative of the cat, though he was ignorant of its correct name (somehow). He feels that the signal is even stronger if the stock can make it back up to the halfway point on its signal day. Of course, that takes away some of the potential profits, but if it does the same with the risk (I don't know for sure if that's true) then I'm for including it in the scan. As they say in capital punishment, better to let 5 guilty men go free than one innocent one hang: I'd rather lose 5 opportunities then get burned with one bad one, and, financially speaking I might be on sound ground: The major hazard of PGDCEBs is getting gapped yourself. Buying in at 3:59, then being forced out 20-30% lower at 9:31 the next day. It happened to me with SCOP, and boy did it burn.
Sorry for the brevity. More later.
Thanks again, and continued good wishes for SGI.
Ivan |
