Thursday, May 5, 2011

i spent a few hours this evening going over my scanning software and trying to figure out why it pulls up the best stocks near the end of the day. when i peruse my lists in the evening, i see some beautiful setups. i always am wondering why i missed them during the day. anyway, i have to tweak some settings in order to get the scanner (trade ideas) to bring up the stocks in a timely fashion. like below, on the TRMB chart, that originally pulled up around 3:15 on my making new lows ticker (a la dtf). i have it set to show me stocks that have had this alerted 75 times, which in my mind meant that it was down at least .75. but this is not the case, sometimes the stock is moving so fast that each alert could span the range of .08-.10. so, when the 75th alert shows up, it is not down .75 it could be down 1.25 or 1.50 already. the other trick is getting too many stocks. it is a fine line to tweak the settings so i am working on it by adding how much down from the open, current volume, and i would like to get it to work properly to show me stocks which are near the 20sma. that would be ideal. we will see.




NUS: i was nearly ready to short this stock. i called it play by play but this is not what i am trying to focus on. i am trying to only trade stocks that show the pretty form in the other charts.







i went to see william fitzsimmons tonight. he was good but i was more moved by his videos on youtube than the concert in person. i don't know why. i wasn't really feeling all the sorry and sadness he sings about tonight. although it is comical, because he makes fun of himself for only writing depressing songs. i got more enjoyment out of his interactment with the crowd between songs than the songs themselves.

he had a great opening band who also were his backing band as well. slow runner. here is a decent video from a couch. i think it is in mono which stinks, but whatever. that dude's stache may have to go though. it is slightly freaky.

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