Spydertrader, Can you please post your final universe after you have culled the stock that failed to rank. Thanks NH
ANDE announcing earnings tommorrow -- down @ noon CBEY announcing earnings today after the close-- up @ noon SMSI announcing earnings today after the close-- up @ noon REGARDS cowpok1027
Last night I read the transcription of the June 22 camtasia video that was posted this month. You probably watched the video, but if you haven't looked through the transcription, you might want to. In the transcription Jack added a bunch of examples from October 9th, 2006. Since these were from October they obviously weren't in the June camtasia. He showed 4 streams of money with each stream having a held stock, and 2 back-up stocks. He walks through Qcharts quotesheets and actual buy/sell decisions based on the unusual volume. I have yet to go back and examine where each of the stocks were with respect to indicators at the time, but I think it will be a very instructive process when i do.
This is a lot like the progression with the ES trading. Start with short length high velocity trades (ES Rockets), then Icebergs to stretch out the length of the trades. After that comes the more advanced modes with experience. Thanks for giving some needed depth to adding more streams. Regards, Ezzy
I added SIRF, but I did not add ZUMZ. (Sung to the tune of I Shot The Sheriff by Bob Marley ) - Spydertrader
If you want to see the power of channels and in particular coming in to the right side, check out CTRN. This mornings gap was a bit more than I was comfortable taking, but I think there is a lesson here.