More Charts From our Realistic Stock Market Trading Strategies for TeleChart 2007 Users
Our book analyzed the start of each bull and bear market since 1947. The chart above signifies our buy point for the start of the 1990 Bull Market.
Charts on this page courtesy of Worden Brothers. www.worden.com
Phone:1-800-776-4940.
We ran a scan through TC2007 looking for stocks that doubled in price within the past year. We then looked to see if our system would have identified a buy point previous to the doubling. The above chart is an example.
Each week our local newspaper provides a list of stocks that made great percentage gains during the week. We set up a scan in TC2007 to find stocks that went up 20% or more during the week and wondered if the system would have identified buy candidates. Surprisingly, this worked on many occasions. The buy signal is pointed to by the green arrows and the price rise of the stock is shown in the green shaded portion,
All in all, we provide charts on over 800 securities. Unlike other programs, this is not a "black box" system. Within minutes of putting our parameters into TC2007, you can instantaneously tab through thousands of stocks and immediately identify buy points.
We also want to emphasize that no system is right 100% of the time.
Indexes, as well as Industry Groups, are composed of numerous stocks, much like a mutual funds. The book shows a varation of our system to handle both indexes and Industry Groups.
The chart above is one of the many Industry Groups provided by TC2007. We identify several buy points above.
This is an example of a stock showing a buy point using our Greek-Italian Trading Solutions (GITS). Buy signals occur when our GITS indicator dips below the bottom line and turns up.
Questions:
