Its weakness IMO, is a choppy market (or sidewise market) as that will have you buying and selling like crazy but really getting nowhere fast. Good point. But I think the volume requirement (over 40% above ADV) as well as the RSI and MACD requirements help screen those stocks that are likely beginning a significant move from those that are just piddling around. In sideways markets, there can still be individual stocks making moves, though it's not as conducive an environment as a trending market. But the indicator requirements should eliminate the "like crazy" from the buying and selling. We'll have a good opportunity to see, anyway.Thanks much, nukejohn, for your willingness and work to show this method!As an aside, I'm mainly a lurker here (and elsewhere, for that matter) so whatever the regulars go for is fine by me, but I wonder if this experiment won't generate enough volume of posts to merit it's own board?
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra