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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?

To: wolfgangrene who wrote (1046)5/27/2015 11:46:46 AM
From: wolfgangrene  Read Replies (1) | Respond to of 3976
 
AVY looks early still.
Needs those lines to turn before I'd play it.

Another scan brought up 10 or 12 that ran past peak.
Here's one of them. I really want the tops or bottoms. I don't like jumping on the trend and chasing.




To: wolfgangrene who wrote (1046)5/27/2015 4:07:48 PM
From: ItsAllCyclical  Read Replies (1) | Respond to of 3976
 
I think you have to select the sector first and then do the scan if possible. Shorting on value or momentum is a death trap. I'd prefer to short something that's been forming a top for 6-12 months. Ideally something that's lagging it's peers and the market. Can backfire of course, but at least you have a natural pt to stop out.


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