Very impressive MN and you know that I have the contact sheets patented Excel is much easier, and requires very little knowledge of programming. I have about 50 mini charts per A3 page, so, that is 5 double sided sheets for the entire S&P 500, which, can be scanned with the B&E approach very quickly BTW, I have more than the AR contact sheets patented TE
Hmmm, GK, you are starting to think correctly Up to now, we have just covered the basics, for, you will never win the race if you back a lame horse, so, first step is to get the odds on your side by backing horses that run faster than others So, now that we have our horses lined up, what next For beginners, this is a very good place to start. You are now nearly ready to start gambling, so, make sure you GWTF and avoid being sucked into a place where you should not be :eek: TE Beta = 0.79 The index is assigned a beta of 1.0. A stock with a beta of 1.5 would be said to exhibit 50% more volatility than the index, meaning that it the index rises (or falls) 8%, the stock would be expected to rise (or fall) 12%. A stock with a beta of 0.8 would be 80% as volatile. One with a negative beta would be negatively correlated--it would be projected to "zig" when the market "zags." Liquidity Ratio = 922,456 A measure of how much dollar trading volume is required to move a stock's price up or down by one percentage point. The ratio is calculated by adding the daily percentage changes of a stock's closing price for each trading day of the month. Absolute values are used â only the magnitude of change, and not the direction. Then the total dollar volume for the month is divided by this total-percentage-change figure. A high ratio indicates a stock that requires relatively heavy trading to move its price. A low liquidity ratio indicates a stock that moves on relatively light volume.
I found a Beta scanner in about 10 seconds Lets see what one of the tickers look like? AIM...READY...FIRE
So if the futures start to rollover to the downside you would short the leading stock or the laggard of the index/sector?
Thanks Mysteron for your overview. I use Finviz as well as it is a great tool for filtering the fundamentals if I am looking for longer term prospects. Will take a look at Fastone to visualise the potential price movements rather than trawling through a long list of numbers.
I would say it's HIG and beta is 3.25 (or 3.21 according to finviz) it's float short is 3% which tells me most holders are long so greater potential for an increase ? And it current vol relative to last 3 months is about the same so if volume starts increasing this could be due to such a high number of inst. holders
OK I think I SEE now. WRB in to close at the end of a symmetrical triangle, strong buy if it starts to move up the following morning.
Any way that makes you GOOD money No more clues are required, for, I have given away too much already, and, I have been told to cool down a bit From now I will sit back and watch, and add a little bit here and there. My last chart posting TE
Hmm... so there are others lurking in the shadows There may not be much to watch though, as, many posts were a response to your posts Interesting chart, with trendlines. The sombre grey background reminds me of the office decor where I work, its meant to have a soothing effect! Thanks TE, don't go away completely now