This space is reserved for zeibots to introduce himself.
This very popular thread, over 16000 reads now. It was originated by unwise2 and dedicated to the MM strategy of trading/investing. As you know MM is a techno-fundamentalist and has developed his strategy around factors involving earnings, price and volume action. It is a complete package and using it as such improves the probability of success Many investors focus mainly on either fundamentals or chart…
Not a true MM setup to buy now but there are some positives. As you know I like RS. LMI in it`s Group of 153 shares comes 7th in terms of RS (93.7) and all those above are pretty untradeable in terms of capitalization and spread.One of the volume indicators( +ve Volume) has climbed steeply since the beginning of October that indicates accumulation in progress.…
Jack, It appears to me that you are at a very early stage of learning about VCP and Mark Minervini. Nothing new about the compression concept nor indeed the various Stages. These were clearly described by Stan Weinstein way back in 1988 in his book. The reason for Minervini`s success in open competition is that he has put together a complete trading/investing strategy that contains…
Sorry for my error, I meant Industrial Group not `sector`. Momentum and RS obviously work together.
Yes interesting that all three have by far the strongest numbers in terms of RS, right through - 6m,3M,1m and 1w, in fact the only ones in this sector where they are all positive. Very strong shares in a relatively poor Industrial Group on the same basis.
