Digg It
(Bar[Close,1] >= 2) AND
(Bar[Close,1] <= 10) AND
(Stochastic[StocK,14,3,3,D] < 40) AND (Bar[Volume,D,1] > 500000)
This screen doesn’t mean you don’t have to do your homework. You need to understand charts and gain enough knowledge of the market to tell a “bad” chart from a “good” chart. And every chart will be seen by different people in different ways. The trick is to know you temperament and to find charts and trade stocks to match your temperament. But this screen for me works great. Very important note: This does not work at market opening; acquisition MUST be done before market close! This is how well it worked today:
After initial screen with above formula and subsequent chart analysis, a total of 52 stocks were selected for long positions and acquired before close of 6/30/09 in lots of 500 each. All positions were liquidated before today’s close, 7/1/09. Commission of $5.95 charged (which is what my broker charges)
Results:
$147150 invested
$148690 liquidated
$1,961.20 total profit in a single day 
Of course, anyone can publish results after the race. Watch how these fare tomorrow
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