Kevin_in_GA
4,599 posts
msg #82616
- Ignore Kevin_in_GA |
11/6/2009 10:38:14 PM
No, your math is correct. One can invest across more than three stocks - I provided a list of seven this wek to go short, and 4 to go long. Given how well many stocks did this week, the long list will be bigger once the weekend screen is complete.
Remember to only run this screen over the weekened, to keep the data consistent.
As of this evening, it looks like this for the long picks:
Symbol performance reward risk
APWR 4.00 2.92 0.73
GKK 1.15 2.92 2.54
ZLC 4.68 2.85 0.81
ERX4.80 2.77 0.58
TEX 4.24 2.77 0.65
DRV 6.00 2.77 0.46
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Kevin_in_GA
4,599 posts
msg #83073
- Ignore Kevin_in_GA |
11/14/2009 6:18:45 PM
LONG PICKS FOR THIS WEEK (A FAMILIAR CREW BY NOW):
Symbol
APWR
ZLC
ERX
TEX
These have done quite well over the past month. Given that this week is OpEx, I would guess that they will continue to deliver.
Kevin
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Kevin_in_GA
4,599 posts
msg #83160
- Ignore Kevin_in_GA |
11/16/2009 9:47:15 PM
ZLC and TEX already hit their 5% targets. ERX just missed it today. APWR is trading up only slightly.
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sync
15 posts
msg #83179
- Ignore sync
modified |
11/17/2009 11:20:36 AM
You mentioned the filter gives more weight to recent activity. When the market turns bearish how long will it take for the long filter to reflect that?
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Kevin_in_GA
4,599 posts
msg #83184
- Ignore Kevin_in_GA |
11/17/2009 1:09:01 PM
Almost immediately - if a stock misses this week, it drops off the radar for a while. However, there still is a historical component that will be in play.
I would not use this as any measure of the market's sentiment. It is a statistical play only.
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Kevin_in_GA
4,599 posts
msg #83190
- Ignore Kevin_in_GA |
11/17/2009 5:13:53 PM
APWR exploded today - another 5% hit for the filter. Only ERX left for the week.
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Kevin_in_GA
4,599 posts
msg #83306
- Ignore Kevin_in_GA |
11/21/2009 9:08:30 AM
ERX took a hit, as did all of the 3x bulls this week. It got VERY close to its target, but not enough.
This week, the filter gave 3 out of 4. If you had played all four you would have been up 1.25% for the week.
Next week's plays are:
APWR
performance 4.00
reward 2.92
risk 0.73
ZLC
performance 2.24
reward 2.92
risk 1.31
PCX
performance 12.33
reward 2.85
risk 0.23
TEX
performance 4.93
reward 2.85
risk 0.58
OPXA
performance 2.39
reward 2.85
risk 1.19
QTM
performance >100
reward 2.77
risk 0.00
PWER
performance 36.00
reward 2.77
risk 0.08
KOG
performance 12.00
reward 2.77
risk 0.23
IO
performance 2.25
reward 2.77
risk 1.23
I added some additional plays here by reducing the reward threshold to 2.75 (from 2.8). Just in case people want to spread their risk across more than 4 or 5 plays for the week.
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Eman93
4,750 posts
msg #83308
- Ignore Eman93 |
11/21/2009 9:25:26 AM
I almost bought some IO at the close....
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Eman93
4,750 posts
msg #83309
- Ignore Eman93 |
11/21/2009 9:30:11 AM
Keep up the good work...... this is really looking good...
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duke56468
683 posts
msg #83314
- Ignore duke56468 |
11/21/2009 11:40:21 AM
Kevin Thanks for all your work here. I'm still trying to learn, but it looks like ERX gapped down on FRI and a 10% stop loss would have turned into an 18% loss wiping out your gains and then some. Unless you had a stop-limit order in that case it would still be open. Am I looking at this right?
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