Wednesday, February 25, 2009
Climax Low Signals
There were a batch of Climax Lows yesterday as the market reversed upward. This includes a Climax Low signal in the Nasdaq index (symbol NASDAQ).
I revised the default stock scan to track leading stocks without requiring any special price / volume action. This way we can see at a glance how the leaders are doing. We can track them and wait patiently for the optimal entry point, for example a pullback after a new high as in LANC, MYGN, and AZO.
Of course you can scan for whatever you want. Keep track of it all with the GigaScanner, using symbol lists and workspaces.
I revised the default stock scan to track leading stocks without requiring any special price / volume action. This way we can see at a glance how the leaders are doing. We can track them and wait patiently for the optimal entry point, for example a pullback after a new high as in LANC, MYGN, and AZO.
Of course you can scan for whatever you want. Keep track of it all with the GigaScanner, using symbol lists and workspaces.
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