Candidates for 12/27/2007

Posted on by

Here is the list of my candidates for today. I will not trade all of those but will start watching them for short-term reversals.

Date Sym L/S Close MA(200) Vol MA(100) Reason
20071226 ABBI 21.47 -1.00 374133 1, 3, 4
20071226 EXC 81.86 75.77 3801156 1

1. 5 Consecutive down days.
2. Volume is 30% over the 10-day moving average.
3. Volume is 70% over the 30-day moving average.
4. Volume is 50% over the 50-day moving average.

Happy Trading!