StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets<< 1 ... 3 4 5 6 7 ... 11 >>Post Follow-up
davesaint86
725 posts
msg #148513
Ignore davesaint86
modified
7/14/2019 1:39:43 PM

Just my opinion -
1. Make sure the overall US Market is in an uptrend
2. Only buy stocks where the relative strength is greater than the S&P 500. Also, is the sector that this stock in breaking out of stronger than the S&P 500? Plot out the support and resistance levels on the monthly and weekly charts. Use two different colors (between monthly and weekly)
3. Then - buy stocks coming out of a consolidation basing pattern where price is over the 30 week moving average (First check the monthly chart - make sure an upward trend has started?
4. If you can buy stocks where there is not a lot of overhead resistance nor no resistance close by - you want to buy stocks that have the highest probability of making the biggest gains
5. Sell when the stock closes below the 30 Week moving average

Here is an example of GLD (Monthly Chart). I'm showing this monthly chart instead of the weekly chart because it shows the big picture. The weekly would have triggered a sell signal earlier.

https://www.tradingview.com/x/LM5TDZEW/


ron22
255 posts
msg #148514
Ignore ron22
7/14/2019 2:16:24 PM

davesaint86, Thank you for your thorough and detailed reply. Members should consider applying criteria 1,2 & 4 to all of their filters.

Mactheriverrat
3,157 posts
msg #148517
Ignore Mactheriverrat
modified
7/14/2019 7:46:58 PM

Great monthly davesaint86

The weekly

Stage Analysis Screener

GLD




davesaint86
725 posts
msg #148519
Ignore davesaint86
7/14/2019 8:12:14 PM

Thank you very much Mac!

davesaint86
725 posts
msg #148520
Ignore davesaint86
modified
7/14/2019 8:37:45 PM

https://www.tradingview.com/x/LXbEAF5r/

Put in your watchlist for the future. Might be able to eventually get a 100% two year run like you see between the two red vertical lines.

Monthly - Plenty of resistance going up. One can still make money though.

https://www.tradingview.com/x/Dj8jRpUi/

nibor100
1,045 posts
msg #148575
Ignore nibor100
7/18/2019 3:28:09 PM

The used copy of the book finally arrived in this afternoon's mail and inside the front cover was an inscription made out to Ed signed by Stan Weinstein back in 1992. Who knows, the book may already worth the $5.50 I paid for it!

The reading/analysis begins....
Ed S.

shillllihs
6,047 posts
msg #148577
Ignore shillllihs
7/18/2019 6:34:42 PM

This goes up in a bull market and down in a bear market just like anything else. Now what.

Mactheriverrat
3,157 posts
msg #148578
Ignore Mactheriverrat
7/18/2019 8:31:23 PM

Now what?
You use it which ever way your trading.

You can even use it with your
UGAZ TQQQ KSS TMV GUSH.

Mactheriverrat
3,157 posts
msg #148707
Ignore Mactheriverrat
modified
7/27/2019 10:53:17 AM

Interesting book. Endless possibilities.

IMHO.

karennma
8,057 posts
msg #148713
Ignore karennma
7/29/2019 10:38:00 AM

The used copy of the book finally arrived in this afternoon's mail and inside the front cover was an inscription made out to Ed signed by Stan Weinstein back in 1992. Who knows, the book may already worth the $5.50 I paid for it!
The reading/analysis begins....
Ed S.
=====================
That's destiny!
$5.50 was cheap.
Where'd you get it?



StockFetcher Forums · General Discussion · Stan Weinstein's Secrets For Profiting in Bull and Bear Markets<< 1 ... 3 4 5 6 7 ... 11 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2022 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.