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I like these daily reports. If only I knew what to do with them. Does anyone have an idea how to use these to predict tomorrows winners and losers?
Posts: 806 | From: CT | Registered: Dec 2005
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Take a look at the charts tonight, and check the L2s on the ones you like tomorrow...if it had news check how it acted prior to news.Did it run up on anticipation or not...if no news check how healthy it looks..
Be better if he could post a scan about a hour into the day with high volume/trades..but that could take away some potential customers from microcap..
Posts: 381 | From: Cincy | Registered: May 2006
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quote:Originally posted by SpecialK: Take a look at the charts tonight, and check the L2s on the ones you like tomorrow...if it had news check how it acted prior to news.Did it run up on anticipation or not...if no news check how healthy it looks..
Be better if he could post a scan about a hour into the day with high volume/trades..but that could take away some potential customers from microcap..
The last part is correct in my intent. I asked them to allow me to post these EOD stats knowing that it would be an added value to this board without being in competition to their platform, and that if anything it would give people an idea of some of the tools they have to offer. So in this respect it would be a mutually beneficial proposition that I presented to them.
As far as what information you can glean from these charts is only limited to your inginuety. I can just tell you that these three sorts will give you an idea of where the money was going today in this price range.
-------------------- Hi-ho Momo, awayyyy... Posts: 871 | From: So. Cal | Registered: May 2006
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