stockfetcher01
25 posts
msg #83387
- Ignore stockfetcher01 |
11/23/2009 8:27:25 PM
Kevin,
What are your thoughts on using call long call options on the bullish picks instead of buying the stock? . Wouldn't the option allow you to leverage your $ ? Any thoughts?
I think I read you are using 401k money so that would make sense but I would be interested in how you think this system would apply to option plays.
Thanks,
Troy
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Kevin_in_GA
4,599 posts
msg #83389
- Ignore Kevin_in_GA |
11/23/2009 9:28:10 PM
I guess I would look at how it played out over a few weeks to see if it correlates. Good idea though.
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thahound
5 posts
msg #83418
- Ignore thahound |
11/24/2009 10:55:10 AM
PWER still strong today. Hopefully we'll see a breakout for 52s here in the next day. Thanks!
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Kevin_in_GA
4,599 posts
msg #83419
- Ignore Kevin_in_GA |
11/24/2009 11:09:37 AM
PWER at 3.60 right now - 5% target already hit.
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sdadesky
4 posts
msg #83454
- Ignore sdadesky |
11/24/2009 9:35:49 PM
Hi Kevin,
I've been reading this column "silently" and decided to come out of the closet. I'm amazed at the algorithms you've come
up with. I'm curious how you were able to backtest the filter, since you only want to go in at the opening price on Monday, or
theoretically on a later day in the week as long as your cost is less than opening price and a price 5 percent higher has not since triggered.
How can I set the backtesting to only trigger on Mondays at Monday's opening price?
Thanks
Serge
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Kevin_in_GA
4,599 posts
msg #83504
- Ignore Kevin_in_GA |
11/25/2009 7:20:39 PM
Both of the top 2 ranked stocks for this week hit their 5% target - ZLC and APWR.
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Kevin_in_GA
4,599 posts
msg #83506
- Ignore Kevin_in_GA |
11/25/2009 8:26:03 PM
Hi Kevin,
I've been reading this column "silently" and decided to come out of the closet. I'm amazed at the algorithms you've come
up with. I'm curious how you were able to backtest the filter, since you only want to go in at the opening price on Monday, or
theoretically on a later day in the week as long as your cost is less than opening price and a price 5 percent higher has not since triggered.
How can I set the backtesting to only trigger on Mondays at Monday's opening price?
Thanks
Serge
++++++++++++++++
First off, I did not develop this concept or the basic filter code. TRO did, and I think it is a very clever approach. Originally designed for 1-2% a week, all I did was modify the code and apply some weighting factors.
This is not readily backtestable, as it needs to be run over the weekend. However, you can use the offset function, as I did, and look back (use the data from each Friday to test the filter for the following week).
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sdadesky
4 posts
msg #83534
- Ignore sdadesky |
11/27/2009 11:51:41 AM
Thanks Kevin,
I'll read the Crockpot thread. Kudos to both you and TRO then.
Serge
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Kevin_in_GA
4,599 posts
msg #83537
- Ignore Kevin_in_GA |
11/27/2009 12:04:17 PM
No problem, Serge.
You may want to also look at the 5% short filter in this thread as well. Could be useful if the markets are actually tanking as we speak.
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Kevin_in_GA
4,599 posts
msg #83595
- Ignore Kevin_in_GA |
11/29/2009 6:21:28 PM
Next week's plays, in descending order, are:
APWR
performance 19.50
reward 3.00
ZLC
performance 3.62
reward 2.92
PWER
performance 37.00
reward 2.85
RINO
performance 18.50
reward 2.85
IVAN
performance 18.50
reward 2.85
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