What's a good rule of thumb for choosing a bottom after |
a correction. I was thinking using a 7 day MA with a postive slope to to time my cover?.
Also any pointers to previous posts about scanning for shorts.
My current criteria is how many days in a row a stock was rising. Then averaging how far the price is away from a 20 MA for the last 4 days it was increasing.
Any mailing lists posting potential short?
If not send me some ideas. I currently scan 11,000 symbols a day. I can post the top N results if there is interest.
It seems logical to me that corrections are easier to pick off than timing potential longs. I haven't proven this yet. Any comments from
experience out there.