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Post# of 20441
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Imperial Whazoo

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Imperial Whazoo

Re: SmokeSignals post# 10909

Tuesday, 09/18/2012 7:01:00 PM

Tuesday, September 18, 2012 7:01:00 PM

Post# of 20441
I set a scanner going that looks at stocks above a base price. It sums the volumefor each of the last five 1 minute bars. The scanner does not work off of a pre-set list of stocks. Iy looks at all stocks. If the volume in any given trade is greater than the volume in the last five minutes for that stock, I get an alert.

That way, I do not have to have a pre-selected list of stocks to watch. I can rely on intercepting any volume event that is large & I can thus quickly step in and do some quick DD to decide if the play is worth doing or not.

Imperial Whazoo

"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."

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