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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (17519)11/23/1999 12:44:00 AM
From: Ken W  Read Replies (3) | Respond to of 29382
 
Sergio,

"BTW Ken W is good, but I have not a clue as to how he does it"

ROFL.......Simple mi amigo...I throw darts just like MikeBo does, but I hang magnets on the board over the stocks that I want to pick.

Really, I watch the CNBC ticker a good deal (seldom listen to the people) and watch for stocks that are getting a lot of trading. Then if the volume is higher than normal by at least 2x and there is no news that day with a 10% move to the upside, I TA the stock.

I seldom buy a stock that is not very near a whole number...just a mind thing. People will pay 8 1/8 for a stock but will not sell at 7 1/2. Study of support and resistance is paramount as is moving average cross overs. If three out of four indicators (MACD, STOCH's, RSI and Volume) do not show up then I trash the stock.

Ken



To: Sergio H who wrote (17519)11/23/1999 9:59:00 PM
From: Dwane Houghtaling  Read Replies (2) | Respond to of 29382
 
Sergio. Thanks for the advice. I'll take you up on your offer on asking questions.

In previous posts you've mentioned institutional buying (i.e. "... was institutional buying. Have you checked?:). I have not located a site that provides institutional buying other then listing the percentage of institutional owners. From your statement above, I get the impression you have found a site(s) that provides what institutions are buying. Could you point me at a site that does provide this type of data.

Thanks for the help.
Dwane