Stocks In Uptrends, page-37

jas - Yes I agree especially for the types of stocks, i.e. low cap specs, that we focus on in these threads. To tell you the truth that's why I browse the HC threads. When I (my system that is) finds a trend trade or breakout trade I always go to the relevant HC thread to get an idea of what the company does and what the HC posters think about the BOD and Management. I am always surprised re the amount of info that is available for the popular stocks. I mean to say people analysing past reports and producing DCF analysis on individual stocks, making informed assessments of potential future market caps etc., providing future potential announcement dates and what to look for in the announcements. You would have to be a fool to ignore all this valuable info!

Having said that, my approach is TA specific. When I am enthusiastic enough I do a TA scan of the entire ASX using rules that I have developed (and are still being developed) and generally get a list of anything from 60 to 140 stocks to look at. I've found that focusing on rising medium term momentum and strong up trend stocks, and then looking for shorter term cycle and momentum trade setups, is the method that lets me sleep soundly at night. Really my main objective is to complete a system that I will use to trade low margin big cap stocks on the ASX, NYSE and NASDAQ using CFD's with trades of from 1 to 4 days duration. But I've enjoyed the ASX spec small caps so much that that's been delayed somewhat.

Feel free to comment on my analysis as much as you want. Its all furthering my education. You can never stop learning.

And thanks to all those FA's out there for the valuable info you post on these threads. I hope I can pay the debt back a little bit by posting some of the TA I do.

Keep safe out there.