Also I notice that theres a mix between the list and what they contain..I.e baggerlord was using list 1 as from the top while wareco used list 2 etc.. Just for simplicity, can we all agree on which list represents which stocks? I dont care which, just so that i know when someone referers to one
Slightly different results here following those settings from baggerlord, but same as izeickl: List 1: NFLX DRIV ESI ASKJ ERES HELE PSUN AVID ENDP LAVA List 2: NWRE ELBO MRVL SGMA SLAB POWI OVTI MATK ATRS LEXR Q: 'price gainers' means those closing up EOD 8/22, or is there another definition for 'price gainer'? List 3: YHOO LEND SOHU KYPH ODSY NTES APPX UTSI FDRY SINA I would think every list has the >200,000 filter because we want to deal with liquid issues.
The short list from the bottom I entered as portfolio "0's". The short list from the top I entered as portfolio "7's". We will use the Graphs in Bulk feature to assess. It has been suggested that I do examples to expidite stuff. My plan, therefore is to do an excel assessment sheet by typing in stuff. Before that, here I will give you run down on "bulking". Clicking bulk gives a two column cut of stocks once you have the base list of the porfolio showing. I use the standard default of 10K per stock. 1. Determine the scaling and get a value for 20%. 2. Skim the graph and count the 20% or better runs. 3. Move on if it doesn't make it. The test is 5 runs on the chart. 4. List the ones that do make the cut. You have bulked. Footnote. You will notice that these stocks make money just by the characteristic of going from lower left to upper right. This is not the point. A 100% shift is very common in 6 months. We are looking for 20% shifts in 6 to 8 days. We need 5 in six months to have a stock qualify.
I will use the scoring designations. to assign them I will describe where they came from. 0's are the bottom ones. The top ones are 7's. The middle ones are 1's. for a natural cycle, the trough begins at 7 and goes 6, 5, 4, to the peak. It then falls 3, 2, 1, to 0 just before the trough. thus we want to catch the trough. 0's come just before the trough turns up; 7's are the turn up beginning. I do 1's because they turn into 0's next.
The lists are turning out fairly consistently. We can start with the liquidity cutoff through out. This means anyone not trading over 20,000 shares is set up okay.
Jack: What is meant by "scaling"? What is the procedure? What does "skim the graph" mean? And how does one perform "5 runs" on the chart?
bulk to get a hot list. The list is the hot list. I write mine out using 7's, 0's and 1's in that order. We need about 4 stocks a week with four streams running. if you look at the charts while bulking by going back a week you see that we have no problems just rolling along. You could have found those guys last week. Looking at 6 months the same way, you see five compounded 20% or more going down on each graph. We splice then together also; the splice is staggr about four up per month. I see more gainers at the top of the hot list and the rest are usually losers after that. This is nice because we are now slipping into the stream of maoney making. IF you read HTMMIS, you seethat 98% of the population will not buy stocks making new highs. You see that people look for lows to get in. We are looking elsewhere. We look to buy the high money velocity step ups of the best stocks out there. We want to assess the guys that are on the list. Get used to cup and handles. We will ID them up to two weeks ahead of IBD and stocktables. Usually we enter about 5 of 8 about two weeks ahead of the herd. We probably will hit them for pairs of trades: in at bottom of cup out at beginning of handle, in at end of handle drift downand out after irst strong BO into new IT trend. C&H is an IT strategy; we trade to max money velocity by optimizing compound interest formula at lowest risk available. What happens as time passes is that you just zip along with an over supply of killer opportunities. We will add an evening review sheet on Monday afternoon. It reduces all the assessment to just oneline for the hot list stocks and those you hold. The right column has space for your assessment decision and when the open comes you just do it. Keep the assessment sheets for stocks in files. To start dump them in one file alphabetically. When the get tenured you will have separate files and cycle them all the time. The assessment rank score is the iterative refinement for getting top notch stocks to creme all the time.