Thursday, August 23, 2007

Poor timing and trust in indicators

The TREN.OB (yahoo ticker symbol) for stock TREN was invalid. After some investigation, it seems there was a much better entry on the 16th. I've eliminated stocks from the scan that have gained more than 10% in value in 5 or 10 days. I've also added constraints to the uptrend scan so not so many stocks are picked. Stocks selected in this scan must be at least 9% down from the quarter high and 20% up from the quarter low and have a slow stochastic efficiency ratio greater than 0.33.

Picks for the end of day 8/23/2007 are:
ECHO, ELECTRONIC CLEARI (Google Yahoo Earnings Chart)
FRN, FRIENDLY ICE CREA (Google Yahoo Earnings Chart)
GLGC, GENE LOGIC INC (Google Yahoo Earnings Chart)
GLYT, GENLYTE GP INC (Google Yahoo Earnings Chart)
GOLF, GOLFSMITH INTL HO (Google Yahoo Earnings Chart)
GTF, CYTOMEDIX INC NEW (Google Yahoo Earnings Chart)
HIO, WESTERN ASSET HIG (Google Yahoo Earnings Chart)
ILX, ILX RESORTS INC (Google Yahoo Earnings Chart)
JOUT, JOHNSON OUTDOORS (Google Yahoo Earnings Chart)
LHCS.OB, LUSORA HEALTHCARE (Google Yahoo Earnings Chart)
MDII, MDI INC (Google Yahoo Earnings Chart)
NENG, NETWORK ENGINES I (Google Yahoo Earnings Chart)
NFLD, NORTHFIELD LABS I (Google Yahoo Earnings Chart)
OEGY.OB, OPEN ENERGY CORP (Google Yahoo Earnings Chart)
REFR, RESEARCH FRONTIER (Google Yahoo Earnings Chart)
SHRP, SHARPER IMAGE CP (Google Yahoo Earnings Chart)
STSI, STAR SCIENTIFIC I (Google Yahoo Earnings Chart)
SXCI, SYSTEMS XCELLENCE (Google Yahoo Earnings Chart)
TIV, TRI-VALLEY CORP (Google Yahoo Earnings Chart)
ULGX, UROLOGIX INC (Google Yahoo Earnings Chart)

The revised results from the end of day 8/22/2007:

ADLS, ADVANCED LIFE SCI (Google Yahoo Earnings Chart)
ADST, ADSTAR INC (Google Yahoo Earnings Chart)
AOB, AMERICAN ORIENTL (Google Yahoo Earnings Chart)
ATA, APOGEE TECH INC (Google Yahoo Earnings Chart)
AVZA, AVIZA TECHNOLOGY (Google Yahoo Earnings Chart)
BIO, BIO RAD LABS CL A (Google Yahoo Earnings Chart)
BOKF, BOK FINL CP (Google Yahoo Earnings Chart)
COGO, COMTECH GROUP (Google Yahoo Earnings Chart)
CTU, CHAD THERAPEUTICS (Google Yahoo Earnings Chart)
CYBI, CYBEX INTL INC. (Google Yahoo Earnings Chart)
DWA, DREAMWORKS ANIMAT (Google Yahoo Earnings Chart)
EAS, ENERGY EAST CP (Google Yahoo Earnings Chart)
EIHI, EASTERN INSURANCE (Google Yahoo Earnings Chart)
FIX, COMFORT SYS USA I (Google Yahoo Earnings Chart)
FLT, FLIGHT SAFETY NEW (Google Yahoo Earnings Chart)
HLTH, EMDEON CORPORATIO (Google Yahoo Earnings Chart)
ILX, ILX RESORTS INC (Google Yahoo Earnings Chart)
ISIL, INTERSIL CORP CLA (Google Yahoo Earnings Chart)
JBHT, JB HUNT TRANS (Google Yahoo Earnings Chart)
RES, R P C INC (Google Yahoo Earnings Chart)
SANM, SANMINA-SCI CORP (Google Yahoo Earnings Chart)
STBC, STATE BANCORP INC (Google Yahoo Earnings Chart)
SXCI, SYSTEMS XCELLENCE (Google Yahoo Earnings Chart)
SYNM, SYNTROLEUM CORP (Google Yahoo Earnings Chart)
TMY, TRANSMERIDIAN EXP (Google Yahoo Earnings Chart)
TRH, TRANSATLANTIC HLD (Google Yahoo Earnings Chart)

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