irishpitbull 54 posts msg #101717 - Ignore irishpitbull |
7/19/2011 1:14:01 PM
Ipaid, My filter finds breakout candidates and high momentum stocks. Very few have already broken out..
Any of you guys play thor or sina? I highlighted last week? Big money.
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ipaid 12 posts msg #101724 - Ignore ipaid |
7/20/2011 3:01:40 AM
irishpitbull i tried your filter again and was looking at the first results with PB between 130 and 150. Seems to me that they are already in a heavy upward move. Can you explain again when is a good time to enter a trade?
For example if you look at SUG, when it first broke out, PB was around 100.
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irishpitbull 54 posts msg #101727 - Ignore irishpitbull |
7/20/2011 9:31:22 AM
Ipaid,
Sug would be a bad candidate because it is in the middle of buyout.
Ebay is ready
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irishpitbull 54 posts msg #101728 - Ignore irishpitbull |
7/20/2011 9:46:20 AM
more
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sohailmithani 192 posts msg #101732 - Ignore sohailmithani |
7/20/2011 11:47:20 AM
Hi Irishpitbull,
Just read this thread. I will try your filter but was wondering what u look for in short interest. How u determine which ones to pick and which to leave. I see Ebay has 0.6 days to cover the shorts and APOL has 4.7. Which one is better as u have picked both. Pls explain your method in a little more detail.
Thanks
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irishpitbull 54 posts msg #101735 - Ignore irishpitbull |
7/20/2011 2:04:12 PM
Short % and volume are are two great tools to use. But the they wont keep me out of trade. Take AUY for instance, it had a short % of a little over 1. Still ran 6-8%. You have to look for hot sectors. Like that last month healthcare and biotechs have been running.
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ipaid 12 posts msg #101736 - Ignore ipaid |
7/20/2011 3:27:47 PM
Where do you get this information about the Short % (number of days to cover the shorts)? Is this in information in SF?
@irishpitbull
I see from your sample charts that in the end you pick stocks that hit a resistance for several days (horizontal consolidation), correct? This is actually what my filter does. So i give it another try to combine the two filters.
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irishpitbull 54 posts msg #101740 - Ignore irishpitbull |
7/20/2011 9:32:02 PM
I think that is only weakness of this site, not short %. There are a ton sites that you can get that info from. I use the PPT.
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Eman93 4,750 posts msg #101742 - Ignore Eman93 |
7/20/2011 11:26:22 PM
I agree would be great to have that info and other fundamentals. Finviz is not bad. there screens are getting better. the bubble thing is really cool.
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Eman93 4,750 posts msg #101743 - Ignore Eman93 |
7/20/2011 11:41:46 PM
You should check out http://spydercrusher.com/
He calls it a compression break out its a very same looking pattern, but also uses overall market timing to take trades.. only gong long with the market.
Check youtube or chartly for his vids..
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