May 26, 2005

Ugly Picks

Good morning, my name is Ugly, and I am a loser. I have it in me to do serious financial damage to my account.

Dear Diary,
When I scan the all-time high list, I sort it by volume because I only want to trade a liquid stock. Then I look down the list for the bright green volume increases (100% or more) and then green (over 0%) to see who is making new highs with more volume than usual. Finally, I look for the '*' to indicate that the stock is making a bullish CCI crossover 100. When all of these line up, it is hard to lose.
Today the planets aligned for CWTR.
But that was with news. I would prefer to see it without news.
ECIL is not making all-time highs, but it is making new 4-year highs and has sparked my interest.

The Nasdaq is going a little ballastic lately. It's bullish, but there will have to be a pullback sometime. Won't there?

Don't forget to vote off a stock market blog remainder!

* user agreement -- how to use ugly picks

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Comments

Great Post. Thanks for sharing. Is it possible to do this in an end of day scan, at about a half-hour before the close?

Dan

Posted by: Dan at May 27, 2005 10:00 AM

Yes, this is possible but I will have to work on it. Right now the data is only updated once, after the close. But, yes, it would be useful to see the data before the close. So I will have to work on it. I will post a message when I've got it up.
Thanks for your comments.

Posted by: Ugly at May 27, 2005 10:52 AM


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