Tuesday, December 30, 2008

L30 Spreadsheet Link

Hello and welcome to my blog.

The spreadsheet link for L30 is below.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez4SrjMPy2rFKQ

Monday, December 29, 2008

MUSING L29 (AAI chart)

Hello and welcome to my blog.

Here is a chart of AAI, because of the double AA's it is always near the top of the list and I find it easy to remember. I had not taken a look at AAI for a few weeks since I have been playing here and doing other stuff. Today it caught my eye as I was poking around the charts. Chart courtesy of http://wl4.wealth-lab.com/. Thanks Wealth-Lab.com.

This is an example of an up move after an alert. Yes it traded down right after the alert but then held support at the moving averages. The alerts only indicate a possibility of up, not a certainty. At least you would have been alerted to keeping a closer look on this stock to see how it unfolded. The upward move through the moving averages combined with the alert, and then the test of the moving averages gave the chart a "friendly look."

Right now it looks like a stall out may occur, looks like about 10 up days in a row which is enough to give pause. Also, the small candle something formed yesterday says pause. Best guess is perhaps a move down to the 4.00 neighbourhood. This is where a moving average is (red line) and horizontal support. Watch the game, see what happens.

This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Thank you for your time.

L29 Spreadsheet Link

Hello and welcome to my blog.

The spreadsheet link for L29 is below.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

If all the down alerts continue the larger spreadsheet will have nothing but downs on it. Easier to maintain. Ha. Maybe when I see a day with a column of all orange down alerts the worst will be over. Despite the downward bias there are still some opportunities. I will put a chart of AAI in the MUSING L29 entry as an example.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez4lJRJuIt_KTg

L26 Spreadsheet Link (revised)

Hello and welcome to my blog.

A revised version of the L26 spreadsheet follows. There was a glitch, now fixed.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5jNW--Ke1ZEA

Sunday, December 28, 2008

L26 SpreadSheet Link

Hello and welcome to my blog.

The spreadsheet link for L26 is below. This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Very few entries. I am not sure if the scan is correct or not. The Wealth-Lab site was acting up. No big deal, they have always come through beautifully. Besides it is the holiday season and I do not expect much until the New Year. To use a line from Art Cashin, "They all went home and left the tape running."

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5zDgmrCrgtUQ

Saturday, December 27, 2008

MUSING L27

Hello and welcome to my blog.

Sometimes you cannot get there from here.

The Wealth-Lab site has not updated the numbers for Friday so there is not much I can do. http://wl4.wealth-lab.com/ This happens occassionaly and it can be a bit of a bother. No complaint though since the site is free and every thing else there is great.

I did work on my own spreadsheet though, learning a couple of more short-cuts. The purpose of all this new-to-me stuff is to save time and energy so that it is easy to look at my information and charts. Right now I am putting in more time so that I can save time down the road. Besides, it is the holiday season.

If you think you know everything, you can not learn anything.

Thank you for your time.

Thursday, December 25, 2008

L24 SpreadSheet Link

Hello and welcome to my blog.

Merry Christmas and Happy Holidays.

The link for the L24 spreadsheet is below. Only 1 UP alert. Oy.

The generated alerts can be used as a small scale advance/decline indicator. I saw something similar to this a few years ago in another spreadsheet I maintained. Heavily lopsided to one extreme with extremes not lasting forever. Pendulums do swing back, perhaps it is nearing that time. Of course that was then and this is now.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez7XhQiGa5bdNQ

Wednesday, December 24, 2008

MUSING L24

Hello and welcome to my blog.

I mentioned BestFreeCharts.com yesterday and have returned to their site a few times since. Pretty cool. I like the ability to display intraday charts with a long time frame plus a few other items. I am looking forward to watching them grow and look forward to additional features. Check them out, very decent.

Another program for charting that is also good is from AptiStock and the link is:

http://www.aptistock.com/

This one you have to download. Along with providing the standard canned charting features they provide prices from just about all the international exchanges. Very cool. I may never trade something in China, but if I want to check out the charts they are available. Great feature.

Thank you for your time.

L23 Spreadsheet Link

Hello and welcome to my blog.

The spreadsheet link for today is below.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Not much Holiday cheer in the numbers for the past few days.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez6uxD3gQBZRbg

Tuesday, December 23, 2008

MUSING L23A

Hello and welcome to my blog.

One of the financial commentary sites I visit everyday is Maoxian.com. There is some excellent information in the archives and it is worth scrolling through or searching them. Perhaps what I like best is his del.icio.us, each day I generally find something worth clicking on. It is usually the off-beat or humorous that catches my eye. Today though was a site listing that I had noticed before but did not follow through on, looked but did not want to download the "microsoft silverlight" that is required. Today I took the step and am very happy I did. The site is:
http://www.bestfreecharts.com/ and I know I will be back there a lot.

Thanks Maoxian and thanks BestFreeCharts.com

Thank you for your time.

MUSING L23 (rainbow)

Hello and welcome to my blog.

I did the coding for "rainbow" charts and the results are below. Thanks again to Mel Widner, Ph.D. for the original article on which this is based. Thanks also to Wealth-Lab.com for the tools to create this. The only small changes I made were to use a step of 3 and to extend the number of moving averages.

The first chart is "rainbow" only, the second is "rainbow" on top of the chart I normally look at. What price? Give a kid a box of crayons and this is what you get. Sorry for the fuzziness. This is again PAAS which has been used as a previous example. I do not use the "rainbow" for strict trading signals although a MACD style oscillator could be worked out to indicate narrow, cross, wide. I sure like the visuals it presents regarding the longer term.

"A man hears what he wants to hear and disregards the rest." Paul Simon, The Boxer.

PAAS is used as an example only and is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then find a professional.

Thank you for your time.

Charts courtesy of Wealth-Lab.com. http://wl4.wealth-lab.com/




Monday, December 22, 2008

MUSING L22A (screenshot)

Hello and welcome to my blog.

The screen shot below is what I look at each night. This is a display of the chart next to the spreadsheet I generate daily. This chart is of PAY and please excuse the fuzziness. I have added an 81 period exponential moving average to the charts. It made sense to keep the longer time frame in view. This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. If you need professional investment advice then ask a professional.

The program I used for the screen capture is from:

http://www.gadwin.com/download/index.htm#PrintScreen

I have only used it twice but it seems great so far. Thank you gadwin.com.

Thank you for your time.


Chart courtesy of StockCharts.com http://stockcharts.com/h-sc/ui




L22 Spreadsheet Link

Hello and welcome to my blog.

The link to the spreadsheet of alerts for today is below.

This is not a recommendation to buy or sell any of the stocks listed. Due diligence is your responsibility. I am not a professional. If you need professional investment advice then find a professional.

I have been inching my way along the learning curve. Data entry is still a bit of a bother but manageable. So far this blog has been worthwhile and I like the ability to split the screen with the spreadsheet and the charts. Nice to have it in one spot and available with just a few clicks.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez75YyQL4ogkIw

MUSING L22

Hello and welcome to my blog.

When I started looking at a few longer term charts I figured I would pull something out of the past. I came across RAINBOW charts years ago and still like the concept for longer term looks. Thank you Mel Widner, Ph.D. for the original article. I find the visual appeal very strong. Google "rainbow charts" and surf around for discussions and examples. There is also this link.

http://trader.online.pl/ELZ/t-i-Rainbow_Charts.html

I do not use the exact code from the examples but have placed this task on my to-do list. What I ended up doing was simply using multiple time frame moving averages. Call it the lazy mans way. Not nearly as pretty but relatively informative. Two charts of PAAS follow. The moving average periods on the first chart are 3-9-(18)-36-(54)-81-144-225. The 18 and 54 periods are what I focus on and are the thinner lines. The second chart is a series from 9-162 using 9 period increments. There is no magic in these particular numbers. Charts courtesy of Wealth-Lab.

This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. Find a professional if you need professional investment advice.




Chart source: http://wl4.wealth-lab.com/

Thank you for your time.

Sunday, December 21, 2008

Musing L21

Hello and welcome to my blog.

A weekly chart of PAAS. Given the large market drop it might be a good idea to look at the longer term. Look at the forest, not the trees.

Chart courtesy of StockCharts.com. http://stockcharts.com/

The moving average lengths are 6 - 12 - 18.
The 6 period is a close match to the 18 day on the daily charts and the 12 period is a close match to the 54 period on the daily. The 18 period weekly is for added perspective.

The channel, box pattern and break-out seen on the daily chart shows up here as well. It now a question of a potential test of the the box top or the 6 period moving average. This is not a recommendation to buy or sell this stock. Due diligence is your responsibility. Find a professional if you need professional investment advice.

As I scroll through the stocks generated by the Alert signal I am cautious. Many have moved up to or bumped into the 54 period moving average. Rome was not built in a day and many of these stocks probably need more time to build. My expectation is to see them bump into and then move down from the 54 period moving average. If they develop a friendly chart look after bumping down, then great. This friendly look would be a positive test of the daily 18 day moving average. I consider this example of PAAS as a chart that is starting to look friendlier. Will have to wait and see what happens. Tomorrow is promised to no man.

Thank you for your time.

Saturday, December 20, 2008

L20 MUSINGS

Hello and welcome to my blog.

I would like to write about silver, charts, time, moving averages, friendly chart looks, money management and a lot more stuff. Not going to happen, at least not today. All I want to do is post a couple of charts to see how they look. I am hoping to eliminate the fuzzy look the charts have.

The charts are of PAAS and are still a little fuzzy. Perhaps in both image and thinking. This is not a recommendation to buy or sell this stock, the information is for entertainment purposes only. I am not a professional and if you need professional investment advice then find a professional.




Chart courtesy of StockCharts.com http://stockcharts.com/h-sc/ui

Chart courtesy of Wealth-Lab http://wl4.wealth-lab.com/

I like the way this chart looks. Channel over the last couple of months and then a break-out. It is also above the moving averages. I would call this a friendly chart. For the next couple of weeks I am watching for a test of the break-out and a hold above the 18 day moving average. Two other stocks that I am watching are EGO and SLV. Both having a similar look to this one. Again, this is not a recommendation to buy or sell these stocks. Due diligence is your responsibility.

"Tomorrow is promised to no man."

Thank you for your time.

Friday, December 19, 2008

L19 SpreadSheet Link

Hello and welcome to my blog.

Below is the link to the spreadsheet for L19. The information it contains is for entertainment purposes only. These are not recommendations to buy or sell any of the stocks listed. I am not a professional. If you need professional investment advice find a professional.

I must be crazy. It is a Friday night and I am setting up a stock price spreadsheet. Oy. Wanted to get it done. More than enough for now. I know I will be back tomorrow morning looking at the screen.

Oh yeah, the software company name that made STOCKTICK 2005 is Indigowind, not just Indigo. Again my thanks to them for a great program.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5xw3FAUdhWQw

MUSING L19

Hello and welcome to my blog.


I am still unable to restore the link section I would like to display on this page. Dang. Tried a couple of things but failed. However, one good thing resulted from my fooling around. Since I was doing things here I was short on time for updating the larger spreadsheet I maintain. I did want the numbers though and decided to save them in Exel. It then occurred to me that I could use this method for updating the spreadsheet. A copy and paste instead of manually typing in the data. Duh.

With 600 stocks to follow the number crunching can become daunting and time consuming. This past week there have been about 100 alerts with each needing a daily closing price entry. Too much and I was worried about the time drain. The solution arrived serendipitously yesterday.

The program I use for closing numbers is STOCKTICK 2005. It can be found by googling the name and is provided by INDIGO software. It is free but no longer supported. I have had no problems using it and think it is great. Thanks INDIGO, very cool program. Once STOCKTICK has updated I simply export the file and save it. Then it is over to Exel for a cut, paste and copy routine.

The main reason for this blog was to find solutions to data management and reduce the grunt work time. Another solution was found yesterday.

A link to a portion of the larger spreadsheet follows to show what I am dealing with.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez40SJziQjwVHw

When I view this on Exel I can view 5 days as one page. Sorry, but I am not going to fine tune the column width in Google. Anyways, when the 5 days are visible it is easy to see what the results are. If there is an UP alert in green and the follow through is positive, then the price change is marked in green for the next few days. If it is a pale purple color then the price change is negative and the UP alert is not working out. The number after the price change is the % price change. I am planning to add a summary column at the end of each week.

Okay, enough for now. I ask for your tolerance while viewing this page and my work. Not only am I trying to drive the bus I am also building and fixing it at the same time.

Thank you for your time.

Thursday, December 18, 2008

L18 SpreadSheet Link

Hello and welcome to my blog.

The link for the spreadsheet for L18 is below. The information it contains is for entertainment purposes only and should not be viewed as a recommendation to buy or sell any of the stocks listed. I am not a professional and if you need professional investment advice then find a professional.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez6ZPUrM732iIg


This blog is a learning experience for me and sometimes I will do the wrong things. Today I deleted the tab to the side that can be used for links. Now I can not get it back without learning something else. Oops. In the future I will create a post listing the places on the net that I have found useful.

The main reason I started this blog was to see if it would be helpful for data management. So far I think it has been a help. One of the things that has happened though is that I am finding other things to play with instead of looking at the numbers and charts. Once the novelty has worn off and I am a little more comfortable with these new surroundings I should be back to focusing on what I think is important. I am definitely passionate about the markets.


I will post another chart to demonstrate where the alert signals come from. The example is DISH which will also show how confusing signals can be and why they should not be followed blindly.




The source of this chart is http://wl4.wealth-lab.com/ Thank you Wealth-Lab.

Which way??? The last 6 days have given 4 alerts. UP - DOWN - UP - DOWN. Gheesh, what's a poor boy supposed to do? This type of situation arises when the indicator is doing what I call a 0 dance. The price range has become narrow enough for long enough that it just dances on either side of the 0 line giving a series of conflicting alert signals. It is probably best to go look for something else until the tight situation resolves itself. A clearer picture should then emerge.

Enough for now.

Thank you for your time.

First Chart DJI L17

Hello and welcome to my blog.
I only want to see how well this works and what it looks like. The source of this chart is
http://wl4.wealth-lab.com/ and I would like to thank them for providing a fantastic site.

The chart you see here is the result of my own coding. I am not a programmer so it took me awhile to figure out the nuts and bolts. I am glad I took the time to learn. I cannot thank Wealth-Lab enough for the service they provide.

Chart courtesy of Wealth-Lab.com. A link to their site is above. My apologies if the chart is a little fuzzy looking.
Briefly this is what the chart shows. The pale green and pink lines that carry through the whole chart are the Alert signals. These are what I post in the spreadsheet link each day. The next panel is a duplicate of the Alert signal. The signal occurs when the line in the CCC panel moves above or below 0. In the CCC panel there are dark orange and green lines. These are generated when the black line crosses the moving average (thin red line). I consider these a secondary signal, more of a 'watch me' than a 'pay close attention'. The top panel is more of a longer term wave signal and is squished up for clarity of the other panels. I do check to see if there are colored markers to confirm the Alert signals. In late October you can see these showing up and indicated at the time that perhaps a longer wave change was in store.
On the price chart are the almost standard moving averages. The thin dark colored one is a 54 day exponential moving average. The thicker red, blue and green lines are all derived from an 18 day exponential moving average. I have done some basic mathematical playing to come up with these lines. Sorry but I will not tell you what it is. Nothing fancy but something I like to keep under my hat. It is definitely not the Holy Grail. The thick pale blue line is a linear regression indicator.
Okay, enough for now. I do have a real life to attend to. As always this blog is for entertainment purposes only and is not investment advice. If you need professional investment advice then find a professional.
Thank you for your time.

Wednesday, December 17, 2008

L17 SpreadSheet

Hello and welcome to my blog.

Below is the link to the alerts for L17. After doing some poking around today I decided not to bother using a table at this blog. If you are interested in the alerts generated each day then click on the link to the spreadsheet. Again this information is for entertainment use only and not to be taken as investment advice. If you need professional investment advice please find a professional.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5gO1jWOup1NA


Now to take a look at the alerted charts and determine if there is anything worth taking a harder look at. This is the last process in trying to separate the wheat from the chaff. Many times there will be an alert and then the visual just does not comfirm the signal. After all the signal is just an indication of what might be, not what will be. If anything looks good I might come back and post it.

I am going to check to see if I can post charts on this page. If so then visuals will occur in the future.

Thank you for your time.

L15 SpreadSheet Link

Hello and welcome to my blog.

I have tried this morning to create a master spreadsheet that people could link to. Perhaps it is too large or my computer too slow but it is just not happening. It is also a lot of repetitive work since I already have it for my own use in Exel. For now I admit defeat. However, I did create a spreadsheet table for the results of L15. The link is below. I think this will be the format I use until I can climb the learning curve a little more.

I started this blog to track alert signals generated by a scan process I use. While playing and learning this morning I found one way that this effort has payed off. By displaying both the spreadsheet and Stockcharts.com I can easily bring up the charts which have signaled alerts. Thank you Stockcharts.com for such a great site.

The following are the settings I like to use.
  • 4 month daily chart
  • 6 day extra bars
  • candles
  • linear scale
  • separate volume
  • 620 size
  • no indicators
  • 18 and 54 exponential moving averages

This gives me a fairly clean picture without a lot of noise. Of course any look that you prefer is up to you. Perhaps your favorite indicator fits with the alert signal generated by my scan. Again I repeat though, the information provided here is for entertainment purposes only and is not a recommendation to buy or sell the stocks listed. If you need or want professional investment advice then consult a professional.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5l-LB3r6zoAw

L16 SpreadSheet Link

Hello and welcome to my blog.

I am still working on how to place a table on this blog. However, I have learned how to set up a link to the spreadsheet I create each day. The following link shows the results of my scan for L16. These are not specific buy or sell signals, simply indications of possible future expectations. Please remember that I am not a professional and these are not recommendations to do anything. This information is for entertainment purposes only and if you need investment advice then ask a professional.

Since this is a learning process I expect the presentation will improve in the future. Until then some bumps are to be expected. Once I have climbed the learning curve a little more I will set up other spreadsheets providing more extensive information.

Thank you for your time.

http://spreadsheets.google.com/pub?key=p5g7vLKhkez5Eqi7ehSIHHA

Tuesday, December 16, 2008

MUSING L16

Hello and welcome to my blog.

To quote from some Neil Young song, "you pay for this, they give you that."

It seems that putting a table up involves a little more than just cut and paste. I checked out Google Docs and it seems to be the solution. Right now though I am tired and I will work out the Google Docs spreadsheet tomorrow. I will then post the results of the scan from L16.

Thank you for your time.

LIST L15

Hello and welcome to my blog.

This is my second entry and I am learning how to post a table. This table will show the stocks alerted by the scan I use. Again, I am not a professional and these posts are for entertainment use only. If you need professional investment advice please contact a professional.

I tried a couple of times to set up a table using copy and paste but with no luck. I am a newbie and still learning. For now I will simply provide a list until I figure this out. The following are the signals generated after the close on December 15. I use the 12th letter to give the 12th month so this is LIST L15.

Thank you for your time.

UP alerts for L15. ALERTS are only indicators for expectations, not hard signals.

BEXP 3.70
BJS 11.26
CBB 1.78
EXM 7.35
GFA 8.18
GNK 12.74
GSS 0.85
HERO 5.35
LVS 6.00
SANM 0.50
SPIL 4.25
STEM 1.11
TLAB 4.06
ZQK 1.50

DOWN alerts for L15. ALERTS are only indicators for expectations, not hard signals.

DDR 4.7
DFS 8.73
DISH 10.68
EXPE 7.52
FR 6.89
GM 4.08
JNS 7.21
LAMR 12.56
LTD 8.44
MOT 4.17
MWW 10.65
PDLI 9.14
PMTC 10.88
QCOR 7.52
RNWK 3.53
STEC 4.69
SVR 9.37
WCG 10.89

First Time

Hello and welcome to my blog. This is my first entry so the edges may be a little rough. My intent is to post the daily buy and sell signals generated by the technical methods I use. I do not have a silver bullet or secret formula so these signals are for entertainment purposes only. I am not a professional advisor and if you need investment advice please contact a professional. The technical signals and musings given on this page are not to be viewed or used as investment advice in any way.

I am a blue collar worker who has followed the markets for a number of years. Some would call it a hobby, some an obsession, my girlfriend calls it my wife. The reason I started doing this blog was to try and keep the daily signals in order. I have tried a variety of methods for data management and all have come up short. Time will tell if using this blog provides a solution.

Okay, so what is 600 stocks? Actually it is a few more, but 600 was an easy number. I simply used a scan at StockFetcher.com to generate a list on November 2 of this year. The criteria was volume, price and exchange. I wanted a reasonable amount of volume within a certain price range and no OTC stocks. The result was the 600 stocks which I use as a base. On a daily basis I scan this base at Wealth-lab.com using a method I created. The results of this scan are what I plan to post here on a daily basis. They are not strict buy or sell signals, only alerts to pay attention, other criteria are applied to determine whether an entry is justified.

Since I am a newbie at this I am not sure how to link the above two web sites. I do subscribe to stockfetcher.com but only use the service for an occassional scan. I really like their site. My favorite though is wealth-lab.com. With limited time and no coding skills my learning curve was long for this site but I love the way the charts look and the scanning ability is great. It was worth the effort on my part to do the learning. Thank you wealth-lab.com.

That is all for my first entry. Please remember that I have limited time and resources so bumps will probably occur. My next post will be later today and I will give the signals generated at market close for yesterday December 15. If that is relatively painless then I will give the signals for today some time tonight.

Thank you for your time.