Double Trouble | stockbee

4/11/2007

Double Trouble

Here is what is appearing currently on the "Double Trouble" scans. Out of the list VOLC has lowest 65 days growth. As you would have noticed the others like ASTI and NEXC has appeared on the scan before and provided better entries earlier.

ASTI,Ascent Solar Technologies Inc (Google  Yahoo  Earnings  Chart
DSTI,Daystar Technologies Inc (Google  Yahoo  Earnings  Chart
MDII,Midi Inc (Google  Yahoo  Earnings  Chart
NEXC,Nexcen Brands Inc (Google  Yahoo  Earnings  Chart
VOLC,Volcano Corp (Google  Yahoo  Earnings  Chart



If you set up your scans properly, you can get this list throughout day and enter based on morning action. Obviously there is no guarantee.Some of them might reverse after your entry but it works both ways, sometime you benefit from the move up during the day.

3 comments:

Shiva said...

If I decide to enter some of these stocks the next day , do you think its better to wait for some confirmation like an upmove based on an indicator like ATR or just pull the trigger at open?

Pradeep Bonde said...

I buy at open. But in most cases I buy the day earlier by 11A.M. or by 3 PM. I sort previous night by 65 days and only load selected to watch from that list. So by 10:30 I am in to those which I want to enter.
Obviously this only on days when I have capital in account. Some time you get stopped out during day on existing position, then I look for next thing to buy.
Obviously I do not buy all which I am illustrating here. This is just to show how I play this.
There can be other ways to do it by looking at chart patterns previous night or using NR7 and low volume days for entry in anticipation.

Most thing work, because the base vehicle has high relative strength. The magic in this is the vehicle has high probability of going up.

As Ed Seykota says find something moving at 100 miles per hour and enter with one inch stop.

Shiva said...

Thanks