Rock Ridge Resources, Inc. (RRRI)

[novus ordo seclorum]

Your right otterman. Gotta be a team player. Hope this might help interpret Americanbulls.


About This Site

This site analyzes approximately 15000 securities in the North American Stock Markets on daily basis using end of day data. The job accomplished in the background is immense. The data for all the stocks is downloaded and checked for false and suspicious data. The filtered data is then analyzed by a very sophisticated algorithm that issues daily signals. The commentaries are automatically generated for each signal and are revised in case of signal failures. All of this is done in a couple of hours after the closing bell.

The job performed in the background is very complex but presentation of the results is simple and user friendly. There are six trading signals posted. These are BUY-IF, BUY CONFIRMED, SELL-IF, SELL CONFIRMED, HOLD and WAIT. The signals are accompanied by daily commentaries. A multiple factor weighting scheme assign stars ranging between zero and five to all the stocks. The average success of five star stocks is a very impressive 92.7%. Other important features of the site are portfolio tracking, stock scanning, and two-year signal history, all of which are explained below.

Most of this section of the site including the signals as well as the commentaries is open to the public and is free of charge. However, access to star ratings, portfolio tracking and stock scanning are membership privileges.

The Philosophy

The philosophy shaping the signal system stems from our experiences which extend across quite a few years. This is not a trend following system. It emphasizes the identification of reversal points and is able to generate significant profits even in sideways and bearish markets. The essential tool used for this purpose is the Japanese candlestick patterns. The algorithm is able to recognize 91 different candlestick formations with high precision. It identifies relevant candlesticks applicable to each security on a daily basis, explains the patterns shortly and generates a brief candlestick commentary. Interested investors may visit our educational website www.candlesticker.com for thorough information about each pattern.

This site transforms the investor into a dynamic and vital element of the trading system in order to cope with the speed and volatility of the market. This is a feature unique only to this site. To accomplish this, pattern based bullish and bearish alerts are issued. Alerts can be confirmed only under certain pre-defined conditions. The task of the investor is to confirm the validity of these conditions in the next day and then go long or short only in case of confirmation. The Signals section explains this process in more detail.

There is no fundamental analysis on this site. You won’t find balance sheets, news, experts, comments, and gossip here, distractions that are conducive to manipulation and wrong interpretation. The aim is to create a truly objective system with no human interference at all (even from us). The system prevents interference of human emotions with trading decisions.

The Signals

BUY-IF and SELL-IF are conditional pre-signals(alerts) generated on the basis of daily candlestick patterns. They are posted for the next day's trading. Traders should consider the signals as confirmed and place their orders only if the market action in the next day proves that the alert generating pattern is confirmed.

There are three specific and well defined rules of confirmation for the pre-signals. Each of these confirmation rules is associated with pre-defined and definite price benchmarks. The confirmation rules and price benchmarks applicable the next day are explained in detail in the daily commentaries. The investor's job is to determine whether any of the three confirmation rules is satisfied by comparing the price activity on the confirmation day with the benchmarks. If the investor is convinced about the validity of the confirmation, he/she must place the orders without waiting until the following day. The system frequently (in the absence of negating patterns) waits one more day, thus allowing a second chance of confirmation. If the pattern is still not confirmed, then the conditional signals should be taken as null and void and should be ignored.

BUY CONFIRMED and SELL CONFIRMED are post-signals confirming the conditional signals. They show that the pattern is confirmed. They are actually a warning and a last chance for traders to place their orders. If investors are unable to monitor the prices during the confirmation day, they may wait to see if the BUY-IF or SELL-IF alert has been transformed or not into a BUY CONFIRMED or SELL CONFIRMED in the system. However by doing so, investors may make their trades at less advantageous prices.

HOLD comes after a BUY CONFIRMED and stays until the next confirmed SELL signal. It urges investors to keep their long positions as long as the HOLD tag stays.

WAIT comes after a SELL CONFIRMED and stays until the next confirmed BUY signal. Investors are urged to keep their cash positions as long as the WAIT tag stays.

The system monitors the performance of each signal after it is issued. The investors are notified by revised commentaries in case of slight signal failures. If signal errors reach to intolerable levels, commentaries are revised again to accommodate a special warning.

A transparent history of the confirmed signals is given for each stock and index. Wherever applicable, the history is given for the last two years. The success and failure of the signals are clearly shown with checks and cross signs. Moreover, investors can also see what has happened to a $100 invested two years ago and following signal based trading. The buying and selling rates in the history table are price benchmarks used for confirmation. Consequently, the signal history reflects the prices at which an investor acting on the basis of signals can genuinely buy or sell. The gains reported in the history table do not include potential short sales, interest gains, and broker commissions.