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Recommendations: 2
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?
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