After cutting some of the risk in my ABK position on Friday, I am looking forward to tomorrow and see how it moves. I am going to watch pre-market closely and if I can get a price above 4$, I will sell the remaining 100 shares I have. ABK generally has a tendency to drop [...]
Entries from October 2008
Watches for October 20th
October 20th, 2008 · 5 Comments · General
StockFetcher Backtesting Results
October 19th, 2008 · 3 Comments · General
I have only two filters in my StockFetcher’s list: JV’s Strict Penny Filter and 4 Day breakout. I was doing some backtesting and results are bit hard to believe. I think there is some problem with how StockFetcher implements backtesting. I need to investigate more.
Tags:backtesting·stockfetcher
Co-relation Calculator 1.2 Available
October 19th, 2008 · 8 Comments · General
Looks like JV was still not happy with Co-Relation Calculator. He wanted a more detailed breakdown. Fine, here is the new Co-Relation Calculator, bigger and better. Major features are: 1. Not only it captures the percentage of movement direction (Green/Green, Red/Red, Green/Red, Red/Green), it also shows you the average % movement for both the tickers. [...]
Tags:co-relation calculator·dji·sfi
Patience Paid Up
October 17th, 2008 · 3 Comments · General
I had bought 250 shares of ABK @ 3.68$ on the day bailout passed. Since then, stock has done nothing but move down. Monday, I had booked major losses but I was holding on to ABK because I thought that ABK will recover and I should be able to get my money back if not [...]
Tags:abk
Watching my setups
October 16th, 2008 · No Comments · General
Once again, I didn’t do any trading, I only watched how my potential setup performed. From my yesterday’s post, ACUS finally broke down on the 6th day. In fact, it dropped by 17%, going from 0.65 to 0.52. Also volume dropped sharply. If volume doesn’t increase tomorrow, it should fall further. I kind of feel [...]
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