thank you so much for the quick response spy. I will stick with the beginner method first, then bruno, rockets, and finally ftt. one question though. i'm running the filter at stocktables.com but it seems like all the stocks i'm getting are from 2/7.... do you know when they update their data so i can get the most current data which includes today's stuff? i think i might have read in journal 1 that they update it late at night at around 8 or 9pm or something but i just want to be sure. in addition, just out of curiosity, the final universe you provided me today in et chat.. is that the universe you got from stocktables.com? or from doing the search on the whole market? just thought of this right now, since i'm only using the beginner method, i was wondering if i should only use a universe that's created from stocktables.com .. finally, where has all the people gone to? have they all migrated to the futures thread? hehe
1. Stocktables.com normally updates after 8:00 PM Eastern Time 2. A Final Universe is a Final Universe. It doesn't matter from where the companies which fill it started. All companies in the Final Universe met all parameters upon entry. Feel free to use the one provided, or start one of your own. 3. Maybe everyone was being polite. They could have jumped in and told you all these questions were answered previously in Journals I and II. Good Trading to you. - Spydertrader
hey spyder, i'm sure this has probably been answered at one point, but i just ran Hershey Equities Chartscript version 4.2 on the hotlist i created, but all i got was a list: today's alerts: some say buy... bruno r buy and some says sell ....time based. what do these mean, and how come it doesn't show each of the stock and its rank, dryup volume and stuff? thanks in advance
You ran the chartscript as a scan, instead load the 4.2 script from the chartscript link and run each of your symbols against the script to get the rank, dryup volume levels, score and stop offset.
so i need to run the script 95 times for each of the stock symbol? i thought the purpose of this was so that we could quickly filter out the stocks with rank + dryup and t hose without?
I would recommend that you go back and review portions of journal I and II where the use of various chartscripts has been discussed. Pay special attention to Spyders summary in the page linked below http://www.elitetrader.com/vb/showthread.php?s=&threadid=38777&perpage=6&pagenumber=343 From what I understand, chartscript 4.2 generates the chart for display purposes only (at least that is what I use it for) HTH
Hi bi9foot, I like both of your picks for the near future. Thanks for the heads up. good trading gooch87
I like how GRRF is forming up. As I see it, there was a FTT yesterday (02-07-07) of the IT down channel. This happened to occur right at the RTL of the LT up channel. Today started off a "tape" in the up direction, however it hit some resistance right at the RTL of the down channel. I'm anticipating tomorrow to break out of the down channel, and continue in a long direction. This means we should see price improvement and volume improvement over that of today and perhaps yesterday. If price bounces off of the RTL (again) and goes below the right side of the two day tape, then I'll be comfortable calling it a FBO and exiting. -Au