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Strategies & Market Trends : Aardvark Adventures -- Ignore unavailable to you. Want to Upgrade?

To: ~digs who wrote (904)	1/1/2005 5:47:12 PM
From: Ron	Read Replies (2) \| Respond to of 7944

On October 15th I began adding stocks to a watch list based on a weekly chart showing MACD crossover. Any stock that fell back to the buy price was immediately sold. The stocks from the original list that survived through the end of the year performed fairly well. They are APCS AVNX CPN DRIV FDRY INTC KVHI ROIA UPCS YHOO. For comparison purposes I used the QQQ-QQQQ. These stocks collectively were up 22% as of December 31. The QQQQ was up by 11.34% in the same time period. The best performer was UPCS with a 43% gain, the worst, INTC with a 4.23% gain. I weeded out the ones immediately that fell back to their buy price. A few would have come back to nice gains by year’s end, but for the purposes of this portfolio, that was the rule, and I stayed with it. Since the markets often have their best months from October through February, I’ll stay with this exercise through February, and will continue to add a few as I spot any that begin a strong MACD crossover. Here’s an example of the type of chart I use to identify candidates: stockcharts.com[l,a]waclyiay[dd][pb50!b200!f][vc60][iLah12,26,9!Lg]&pref=G I did actually trade a few of these during the past three months, but did not hold any of them for as long as they have stayed in the portfolio. I would have made more money if I had simply bought and held when I added them to the portfolio. Anyway, just thought I would share the exercise. When the market appears to be clearly turning down, I’ll do the same thing, to develop a short list. Happy New Year to all. Ron