Replies to post #16051 on SEASONALITY STOCK REPORTS

[kgoodrich]

It could be Jonesie
It worked on the stockfetcher site pretty easily, but you still have to discard the stocks that did not fit the paradigm. Once you get the qualified stocks that are involved in the Magic Box, then really get deep into the movement of the stock. Ask yourself a series of questions. Is the stock trending down, up, sideways? Is it coming from a Fairy Square setup? What was the volume like coming into today? Is there any news expected. What is the liquidity now and last year at this time. To me that is more important the the difference between last years quarterly reports and this years. What is the volatility of the stock? If it is not at least 50% get rid of the stock. What is the stock's daily dollar volume average? If it isn't at least $50,000 per day spent on it on average don't buy it, especially if it is a penny stock, because you'll have a difficult time selling it. Yes, I think you could make the scan. Keep it simple and it will work great for you Jonesie. When you get them, post them here for all of us. I would be interested. So would our sister board the Seasonal Penny Board here on the ihub.

[d-k]

Jonesie - That basically covers the Magic Box criterias. Only thing I would add that Day 3 Arron down to 75 or lower. Ken may want to add more insight to it.

I was thinking of doing the same. I will appreciate it very much if you can pass on a copy of chartscript to me when you have it.

dk