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Strategies & Market Trends : Small Cap Fireworks -- Ignore unavailable to you. Want to Upgrade?


To: Julius Wong who wrote (21)11/3/2003 10:09:26 PM
From: Cosmo Daisey  Read Replies (1) | Respond to of 302
 
Hi JW,
Have you found a way to trade using this information?
I have been tracking the % up from stockcharts.com by setting up a paper portfolio of 100 shs of each stock on the list daily. Looking for a way to limit the choices with volume, price, and sector as selection. Biotechs out, they live on news that effects price, foreign stocks are out, price above 20 is out. Also tring to find if some days ups are better than others. I thought low volume would knock them off my list but some of the low daily volume stocks are the best winners. I don't have enough data to make any decisions yet. Takes a lot of time and I have other methods that pay off so I lose interest from time to time.
8/25/03 portfolio 9 symbols up avg 11.8% from SPEX 20% loss to QADI 33% gain. low vol DBLE + 18% ECHO + 15% WBNK + 20% all under $20. Problem with limits on price is 8/26 CMTL pd 22.89 gain 32% NVEC pd 26.5 + 50.94%
There must be a way to limit selection because there are too many stocks to choose from. A max of five is good in a portfolio. If one day is better then port. could be set up with five stocks and one week later keep the best percent gain and position four or five from the new week. What are you working on other than just finding the percent gainers?
Best,
Cosmo