Well it looks like we are still
trying to find a bottom, smart money will wait untill the
technicals are good for the dow and nasdaq, so apply the
same kinds of indicators to each index, you can be sure
that once some benchmark is reached the selling triggered
by the previous one will be less than the buying surge
Companies that have been punished for good earnings twice in
a row will rocket up on the third strike espically if there
is a pre-earnings sell off, you can use psm gold to screen
the broader market, i sometimes go to the yahoo earnings page
by day, cut and past the entire list into the portfolio
manager (some times several hundred stocks) designate the list
with a tab labled by date and repeat the process for several
weeks of data, i can highlight the list on a certain day and
download all the charts in a couple of minutes, and then
scroll the list looking for charts that look beaten down
then i limit DD to only those, on earnigs release read q's
and try to beat the market to the punch. Odds can be very good
that you pick the direction that way, and since it was beaten
down odds are good you will see a pop, pre earnings dd is key
however and there is only so much time so focus on the ones
that are beaten down--while you are at it dont overlook a nice
consistent price increase chart either, in this way you can
go from chart to chart in a second or so, if you have pre set
your goals it can only take a few minutes to checkout hundreds
of charts--a heck of a lot better than jumping back and forth
with the browser--heck who knows some of you might already
do something like this...
bummed that the market is sucking
go CLYW
p2k
Market Data 
Markets 
AI
