Interesting stock picking approach

Discussion in 'Trading' started by Ditch, Dec 26, 2003.

  1. Power Options has as a definable criteria for their searches the ability to define a range of broker recommendations to filter stocks for possible options strategies. Even their default searches use the recommendations ranges.

    You have to decide whether to use it contrarian or not.

    To me it is mostly contrarian in the longer time frame. If a stock has a low rating then there is a lot of potential for upgrades and vice versa. The contrarian view also holds that the raters are probably manipulators so you need to figure out what they are doing and then take appropriate action.

    Power options also has a two weeks free trial for free.
     
    #11     Dec 26, 2003
  2. jem

    jem

    Jim Rogers said that when he worked with Soros one of their major strategies was to buy sell recommendations.
     
    #12     Dec 26, 2003
  3. #13     Dec 26, 2003
  4. Mecro

    Mecro


    Exactly right.

    The big banks are not in the charity business.
     
    #14     Dec 26, 2003