American Bulls

I wish I had known about this website last year, AmericanBulls.com has an interesting presentation of it's buy and sell signals. Unfortunately, there are many flaws in it's method of presenting price gains. For instance, it doesn't consider broker fees in it's trades, nor does it consider the costs of shorting stocks. However, I'm impressed with it's application of statistical analysis of only stocks price behavior. \

In comparing buy/sell timings with my scans and the ones from American Bulls, they both gave similar results for the stocks I've narrowed down, those in the upper and lower RSI scan. However, my technique does not generally work for stocks not in this category while the techniques used by AmericanBulls.com seem to apply to all stocks.

I've decided to build a similar scan for stocks based on the candlesticker.com methods that the site americanbulls.com applies. The results are:
BMD, BIRCH MTN RES LTD (Google Yahoo Earnings Chart) 
INPC, INPHONIC (Google Yahoo Earnings Chart) 
KBX, KIMBER RES INC (Google Yahoo Earnings Chart) 
PRTL.OB, PRIMUS TELECOM GR (Google Yahoo Earnings Chart) 
SEPR, SEPRACOR INC (Google Yahoo Earnings Chart) 

Of all these stocks, INPC seems the most promising. I'll likely place this trade if the stock price is above the open price near the end of day.

The results for the down but not out scan have changed slightly as I've loosened the scan requirements in considering three days down behavior. An extra day is now included under special conditions. The results of the scan now are:
AIXG, AIXTRON AKTIENGES (Google Yahoo Earnings Chart) 
DFZ, BARRY R G CORP (Google Yahoo Earnings Chart) 
HTE, HARVEST ENERGY TR (Google Yahoo Earnings Chart)