NEW STRATEGY: ( the Camera Lens focuses closer )
MDG LIST UPDATE: The MDG List WILL ONLY CONTAIN MOMENTUM STOCKS ( 5 THAT ARE ACTIVELY MANAGED DURING THE WEEK ) for 10% stop loss, and protect advances of over 25% that may be immediate ( ie. watch for reversals and sell on the reversal ). The ante will be raised per stock for 400 dollars per stock for a total of $ 2,000 dollar investment. These stocks will NOT be screened for 5 year charts but will use the 6 month, 1 month and 1 week charts to find momentum stocks that are advancing or accelerating in eps, pps, and volume. Recent news always helps but is not mandatory. Occasionally I MAY stumble upon a good long term stock in this process but rarely.
If the list needs help during the week single day intraday trades of fast gainers will be observed for a maximum of 3 stocks or days per week in and out.
Goooo MDG List... with 5 stocks active management will be easier to start.
Reasoning for changing strategy: Realization that the window is too small and the expectations for pps gains too large for it to work for the 80/20 stable to speculative stocks.
Get it ? Not too hard really...
Tools to find watch list new prospect stocks are also more easily available such as DD Machine, OTC Picks, The Stockster, Pink Sheets dot com, and Nasdaq, NYSE, and Amex's websites, as well as other third parties. Less Financials screening saves buku time as well.
AI
