Why type of Screening Criterea do you use?

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts
  • Mi6op
    Member
    • Oct 2003
    • 87

    Why type of Screening Criterea do you use?

    I'm struggling finding anything very productive with my screener tinkering.

    Why type of setups do you guys use?

    Thanks in advance.
  • IIC
    Senior Member
    • Nov 2003
    • 14938

    #2
    My preferred setups are tight flat bases on low volume and High RS that have pulled back and consolidated on low vol...wait for an upward move on vol.

    For daytrades I prefer news plays...but they are very time consuming as far as watching the R/T news.

    Patience is the keyword...IIC
    "Trade What Is Happening...Not What You Think Is Gonna Happen"

    Find Tomorrow's Winners At SharpTraders.com

    Follow Me On Twitter

    Comment

    • billyjoe
      Senior Member
      • Nov 2003
      • 9014

      #3
      Mi6op,
      Some screens that have worked well for me:

      1. RS higher than EPS but both near at least 80

      2. No wild fluctuation up/down on charts for last 3 months

      3. Gradual price gain or very little price drop over previous 8 weeks

      4. No chance of a negative earnings surprise in near future

      5. An outside effect that favors your stock
      such as AH-- Iraq War
      BMHC--hurricanes in Florida
      SAFM--- mad cow (I lucked into this one days after purchase)

      These will at least keep your picks from tanking unless something weird happens
      billyjoe

      Comment

      Working...
      X