Thursday, November 02, 2006

 

After the close 11-01-2006

It's been a couple days since I've posted, nothing really to note. Today had no stocks above my 25% criteria and the last couple of days have been slow. I have looked back at a couple of my previous picks and the results are mixed. Some have been great like HZO and DSCP (not counting today...) while others have been poor BDC.

The key to this method is to first get in at appropriate levels (currently I look at the chart, one could also just go in at the open) and, more importantly, good stop losses must be implemented. While some stocks turn right around others fall, so the key is to toss the falling stocks and hold the rising ones. I'll test this method more rigorously later.

Happy Trading,
Masterjaz

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