White Lightning

[da_cyberdude]

FYI - After much historical testing, I'll be using only one scan (at least in the near term.) My goals during this testing were to minimize the number of scan results while bringing past bulls performers to my eye. I did a comparison test between 6 different scans that I had written and one scan definitely stood out. I actually made a spreadsheet for this comparison. Not only were the number of charts in the new scan results contained within the numbers of the other scans, but also it brought in the proven bull performers shortly before their moves. The other scans missed anywhere between 1 to 7 of the stocks that had bull moves used in the testing.

I consider a Bull Move to be one of two things... 1. Bullish Trend Reversal or 2. a Bullish continuation pattern. The Bullish Trend Reversal must occur first and then the continuation patterns develop afterwards at the different resistance levels. If it has been determined that a Bullish Trend reversal has already occurred, then obviously a continuation pattern would be sought.

Some of the charts used in this historical testing were:

COPI AEMD WSTM F SCSS ACPW TSEM OXBO LBIX IVAN GEECF

There is a second part that I am also working on and developing... more on that at a later date.