Originally Posted by
barbados11
Hi Mike,
I'm not sure that I have the sorting for your Volume Trigger Alert set correctly. Should it be set to Vol Trg Mgn% or Quality%.
Thanks,
Pablo
Pablo,
Either sort should sort the list in the same order. The quality% is equal to Vol Trg Mgn% multiplied by a number. The multiplier is only a function of clock time remaining in the trading day which is the same for every stock.
I don't believe that the market is acting well for these types of stocks. Every stock that moves up is met by selling. Few stocks are having any followup buying. BIDU had a nice move up on Tuesday only to stall out. CMG had a big move 5 weeks ago only to stall out in a tight range for the last 5 weeks. This is unusual and tells me that something is not right in the market.
Mike Scott
Cloverdale, CA