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Strategies & Market Trends : WR's Momentum Trades -- Ignore unavailable to you. Want to Upgrade?


To: Spiral600 who wrote (2914)1/22/1999 12:22:00 PM
From: Wayne Rumball  Respond to of 11130
 
That's a tough question to answer. What I look for shifts around.

Sometimes I'm looking for stocks at their 52 week low, sometime 52 week high, sometimes unusual volume, or big move up, or big move down.
Someitmes fundamentals will factor in, sometimes not. Gut feeling and instinct are part of it.

This week I've been playing reverse mergers. WSPN, CMOZ, WINE, GBCR, AWLD

Almost jumped on DEAL yesterday, but seconds before I pulled the trigger at 1 3/8 I got the strange idea in my head to try out dealcheck.com. It doesn't exist. Now $4 on the ask :(

Stocks I'm watching... the ones I own and none of the rest and all of the rest. I'm not watching any stock I don't own. I will follow briefly anything that comes up on a scan. Unfortunately my 2 favorite screening engines are spewing garbage at the moment so I cannot make any scans. Other engines I've looked at don't do what I want.

Oh - there is 1 I'm watching OAKT - If it gets back down to 3 - 3.25 I'll get in.