Welcome!
Full disclosure is important. Back-testing makes you a better trader. If your "mousetrap is broken, possible you need to fix it or find a better "mousetrap."
This week (29) stocks were posted to the Watch List. All closed the week on a Green candle expect (4). (1) closed on a thin Doji. ($CLDX).
The (4) Red EOW's were $SC, $TTM, $SWM and $EBAY.
We all do this $SPLS was a B.O.B. (Blow Off Bottom) and was for the MAD Money Basket/Speculative Basket. It was not a system play, but did open up strong on Friday & rolled over.
All in all not a bad hit rate for (2) simple scans. Especially, considering the trading week environment.
Have a nice weekend & see you next week.
Cheers.
Nice to see you blogging and back on my Twitter stream. Missed your excellent analysis and ideas during your long hiatus. I hope the Twitter newbies find you. Have a nice weekend.
ReplyDelete