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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (1)3/24/1998 9:28:00 PM
From: rick strome  Read Replies (2) of 13094
 
Apparantly, this is a very popular topic with all the response in such a short time. This system must have some credibility and must work. 13 stocks are listed in thread #1 and 7 more later.
My question is:
How does an investor take this information and put it into practical use to make money?
1. Does one invest in all 20 stocks equally or just the best ones? How do you find the best ones?
2. When does one buy (immediately when posted or later) and sell and how many can be expected to go up vs down?
3. Is this a short term trading system (1-5 days) or long term?
4. Has this system been backtested to determine the % that can be expected to go up.

Thank you for your initiative in starting this topic. I hope this will open up a few more questions that will help us to practically put this information to good use. I am a novice to this type of investing and would like to make money like the rest of you.

Rick
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