robh,, what the systems do is simply take the stocks that have popped up +12% or more (Major_Poppers, or with the new Major_Droppers, stocks that have dropped -12% or greater, and look at the previous history of past similar moves to see how that stock performed in the next days.
Some stocks will display a strong tendency to continue in the same direction, that is Major_Poppers continuing up or Major_Droppers continuing down., and will therefore can be looked at as good long plays. Other stocks will show that they drop right back after a big move up,that traders have always taken their quick profits on a big move & the stock has dropped back to the previous area befor ethe move. These cpold be seen as probable good short plays. And finally there will be stocks that show both long & short sides are basically equal, and those would be the sort of stocks to avoid trading because there is no set definitive historic move.
The spreadsheets in the systems make it easy to see all these past moves. They basically pull up all these previous pop up or down down & show the next days so anyone can then make their own determination of how to play a stock, or whether to play it at all.
