Thanks for sharing your Excel sheets. I look forward to the future and seeing the results of your work. I am sure we all appreciate the effort required. If you locate a way to import Worden's Balance of Power into Excel, please let me know. With BoP, I can finally finish automating the "scoring" process separate from the stocktables.com lists. - Spydertrader
NP (NO PROBLEM )... I can't help it, I find this stuff extremely fascinating. Yes... The elusive BoP. Funny you should mention this but Wealthscript claims that they have the series and you can simply add the series to your wealthscript chart. I am not a wealthscript pro and frankly, I can't seam to exactly replicate they're functions which I find extremely frustrating. However, I am attempting to reverse engineer BoP (ie. find a set of value/coefficients/indicators whose combination can nearly exactly correspond with Worden's BoP). I have to be careful with wording here. I am working under the pretense that the constituents of BOP are also available to everyone else. I presume reverse engineering BOP is completely legal where as finding and using the code from BOP would stop me from being able to share my efforts I presume. We are here to share... Are we not??? In any event, I will continue to truck along with my spare time efforts ... Regards... G33M4k
The "Wall Street Analyzer" free charting program provides Balance of Power as one of its indicators. Since WSA uses Yahoo to update the charts (and indicators), it is safe to assume the 'formula' for BoP uses data available from Yahoo. Perhaps, if you disassembled The WSA Program, you would find how they calculate BoP. Just a thought ..... - Spydertrader
Spydertrader, How useful would it be to have an Excel macro that sorts your universe/hotlists by volume surges? That is, brings to the top those stocks where volume is pushing them up, and which stocks volume is pushing most, compared to it's dry up values or yesterdays values? If it would be useful, I may be able to write something like that. JohnnyK
Sevens: CRAI CNC CTSH TRMB VRNT TS JUPM PAAS DECK SIE Ones: CRDN UTHR URBN ARTI LEND CNCT PMTI UPL TASR Zeros: NIHD BR PENN CCBI ENWV HRT INSP BSTE NAVR HDWR Hot List: TASR CRDN NAVR JUPM PMTI HRT NAVR (HRT has Float Issues and should be removed) Watch List: SWIR HLEX ANIK CALM LIFC EVCI NAVR TASR LSCP LWAY HANS NVEC CRDN (NVEC & LWAY have float issues and should be removed) Note: We will also continue to monitor ENWV from yesterday to determine if we should purchase this stock. Edit: SMTS should have appeared on the above Watch List. I failed to copy and paste correctly.
Currently, I sort my Watch List via volume using Medved Quotetracker ( http://www.medved.net/quotetracker/ ) for monitoring. I think it might be very helpful to have the ability to sort via the criteria you suggest. MBTrading has a page on their web site that allows for such a sort, but does not focus solely on Hot List Stocks. You have to wade through the page to look at your focus group of stocks. This following link takes you to the page mentioned. Clicking the arrows at the top of the columns allows for sorting by any criteria. http://www.mbtrading.com/K9/K9.asp Thanks much for the offer. - Spydertrader
SMTS should be on today's Watch List. I failed to copy and paste correctly. ALDN is not currently in Dry Up for Today. Thank-you for bringing it to my attention. - Spydertrader
I have been reading JH post for about 4 years now and admire his resilience and willingness to help others. I was not able to profitably trade even his beginners method so I never continued to study any further. Would it be possible that some of you who are successful with JH method post some of recent stock entries and exits ? I would like to go back and review these method on your current trades. All I would like to get is a symbol, entry and exit. Thanks