Congrats on knowing how to use the search function, after 5 years I'd say thats a big step for you Also you should know that link you posted isn't accessible for us.
=========================================================================================== Thread: Spydertrader's Jack Hershey Equities Journal II Post: Re: Re: Re: Re: Choppy Day Preview:
Maybe the system is too based on earnings reports? (And their overreactions and corrections following reports)?
Do not ETFs make turns? Cannot a profit per turn occur with an ETF? So why are ETFs unsuitable? Full Disclosure: 'i' may at times be negative, which can lead to bankruptcy.
Probably the whole idea is to corner a few stocks by limiting the collectively available capital just to these few stocks that are called a selected universe generated by the method the individuals using. And only a few teachers of the method would have a chance to know all the stocks of individual's selected universe. For ETFs, not quite workable this cornering way! That's why!
Really? Then why do you claim that the attached must be applied to a universe of screened stocks -- even though this paper is about the price, volume relationship and says nothing about PVT or a prescreened universe?