Quantcast
I have 26 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
Page 1 of 9 1234 ... LastLast
Results 1 to 10 of 81
  1. #1
    Join Date
    Feb 2006
    Location
    Pittsburgh, PA
    Posts
    3,352

    Default IBD 100 and CANSLIM "quality" weekly screens

    THE SCREEN WORKS!

    I don't care what you guys say about my screening critieria as outlined in "mining the IBD, striking gold"... it has proven to work over a 2 month time period, so keep that in mind. It may take 2 months for these to work out, but they work. Everything is well documented, and I have given you the excel spreadsheet for you to do your own backtesting and analysis, so don't give me any BS. I will not waste my time responding to it. Some criteria has been tweaked so that only the best are able to pass the screen. Most of the screening criteria remains the same. The screen results come from the list of IBD 100 and CANSLIM select, offered by Investors Business Daily.

    1.) I am not offering entry points or exit points, that is for you to decide

    2.) I am not following any kind of trading scheme, these are simply stocks to explore

    3.) I will not disclose whether I own the stocks or not.

    4.) This is simply screening results of the IBD 100 and CANSLIM select, no other stocks are considered.

    5.) Independant analysis of the screen results (the stocks) is to be done on your own. I strongly encourage you to post your results here:
    ___a.) do some technical analysis to determine a buying and selling point
    ___b.) do some fundamental analysis to see whether you'll agree that there is "quality" in the picks
    ___c.) do some analysis of the market
    ___d.) do some work on company events. when will they make certain reports / events readily available?

    6.) This is NOT a forum to debate the merits of IBD, CANSLIM, William O'Neil, or any other "service" to the investing public. Do not attempt to do this, you will be ignored.

    7.) The discussion should be on the stocks, not the posters, or the car you drive, or how many cows you have, or what goji's taste like, or whether or not you got kicked off of IBD or not, or who you miss, or any other irrelevant information. This is about STOCKS!!!! Keep it that way.

    8.) If you don't like the thread, then simply pass by it. Don't bother to waste my time or the other poster's time by making us read your mind's diarrhea. Post relevant information only. If you feel the need to waste time, start your own dang thread.

    Enough said.... the next post begins the topic of "IBD 100 and CANSLIM "quality" weekly screen" results.
    Hide not your talents.
    They for use were made.
    What's a sundial in the shade?

    - Benjamin Franklin

  2. #2
    Join Date
    Feb 2006
    Location
    Pittsburgh, PA
    Posts
    3,352

    Default 4-28-06 screen results

    IBD 100:

    USG
    BOOM
    HANS
    ERS
    OXPS
    SCSS

    CANSLIM select:

    BOOM
    DRQ
    LVS
    Hide not your talents.
    They for use were made.
    What's a sundial in the shade?

    - Benjamin Franklin

  3. #3
    DSteckler Guest

    Default

    It requires a lot longer data period than two months to prove or disprove the effectiveness of any system, Peanuts.

  4. #4
    Join Date
    Nov 2003
    Location
    ohio
    Posts
    8,908

    Default

    Peanuts,
    Keep up the work. Whether we agree with your methods or IBD doesn't matter.
    billyjoe

  5. #5
    Join Date
    Apr 2004
    Location
    Monroe, WI
    Posts
    6,091

    Default Peanuts

    Keep it coming! I am reading it And there are a lot more like me

  6. #6
    Join Date
    Nov 2003
    Location
    SacTown
    Posts
    14,938

    Default

    Quote Originally Posted by DSteckler
    It requires a lot longer data period than two months to prove or disprove the effectiveness of any system, Peanuts.
    Not for day traders and swing traders
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

  7. #7
    DSteckler Guest

    Default

    Quote Originally Posted by IIC
    Not for day traders and swing traders
    Actually, it does. Look at some of the work published by Larry Connors and Dave Landry. They are day/swing traders and the methodologies they published in their books shows the win/loss parameters of years of backtesting. That's the only way to have confidence in a trading system.

  8. #8
    Join Date
    Apr 2004
    Location
    Monroe, WI
    Posts
    6,091

    Default Boom

    Great Avatar, Peanuts.

    BOOM: took a beautiful $9 dump last Thursday. Looking at weekly and daily charts, I think BOOM has a chance to return to $43 here this week. The problem with BOOM is that it has no option chain. Otherwise I wouldn't be afraid to take it here and ride it until Friday. Probably a nice POTW candidate.

    Having said all of that I will say that BOOM could also go South. I don't think it will here because it has had quite a bit of momo, and that should carry it higher. When the momo cools off, that $9 drop in one day would signal that $27 is back in vogue. But, imho, not just yet.

  9. #9
    Join Date
    Mar 2004
    Location
    Baltimore
    Posts
    258

    Question Question for New-born

    Quote Originally Posted by New-born baby
    Great Avatar, Peanuts.

    The problem with BOOM is that it has no option chain. Otherwise I wouldn't be afraid to take it here and ride it until Friday. Probably a nice POTW candidate.
    I believe you've stated more than once that you won't buy a stock unless it has an option chain. Why? Why is an option chain important when making a decision about a stock?

    Thanks.
    Happy investing,
    Dave

    My opinion is worth no more than the price you paid for me to give it.

  10. #10
    TFred Guest

    Default

    Greetings,

    HANS moved nice from its lower channel,no option either.

    I believe NB prefers optionable stocks to provide protection and increased profit potential.I agree with him.

    cordially Tom

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  




Do you like this site?

Go to the homepage of
$$$ MR. MARKET $$$