|
Al, remember I'm not a pro, but I've been playing for a while, btw, of that list I bought psql,glux,bpie,sgi, sold sgi when it broke very short uptrend. Enjoying the ride on the others. I'll give you my current system, it's not too tough. I look for 5 day ma crossing 10 day, positive BOP, positive 18 day tsv, pos moneystream, pos 12,26,9 macd just coming above 20, 5 day price rate of change pos, 15 day RSI pos, 13,8,8 sto pos, low today >low yesterday, high today > high yesterday, vol at least 1.5 times yesterday's. Check for a current base, one low enough to limit the downside risk. The important thing is that there has been no news release recently, they always screw things up. Check the fundies on yahoo, get a feel for the future of the company. Then watch the morning activity, and make a decision. You may want to test this on paper to see the results before you dump the cash. Let me know what you think. Enjoy. James |
