Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: OZ who wrote (4054)	9/15/1999 10:50:00 PM
From: Richard Estes	Respond to of 18137

Since it is my belief that the volume/float ratio is true volume and shows demand and the ATR portion assures a history of tradeable range movement. I want these stocks to be in my quote list sorted by %net. I can see 52 stocks on my screen. As they open and thoughout the day, I see the top 52 stocks from my scan or a click of sort bring the top 52 shorts. In the first post you choose where I talked about it, I talked about the desire for high float turnover that is a sign of true demand and trading going on. So my list is only thing I follow. The trade rate hotlist has the DELL, WCOM, IBM, and those types there all the time. I don't want to trade them. So I use a program developed by Bob Wallace who is on SI which shows only my stocks that are in the list. I think I have stocks that will move. I watch trade rate to know when they are the hottest. I restrict myself to my list. Since I rarely trade in the first 30 min. I am setting up charts in GET RT showing Support and resistance points for the day and Ewave directions. From them, I set targets. While they are in lists I don't trade stocks under 5 usually. I don't like to trade NYSE or AMEX stocks.