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allan guida
2014-07-30 12:49:58
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Hi...I have found that a simple strategy based on the 52 week high-52 week low is pretty good. Here is the idea. Make a list of interesting stocks.
Calculate the their present state based on the 52 week high-52 week low. If the stock price is near the 52 week high, the number for the stock is 100.
If the stock is near the 52 week low, the number is 0. Examine the stocks near 0. Decide if they have the potential for a recovery. All of the bad news
has already taken place Most likely, with any good news, they will go up. Those are the stocks to buy. That's my theory. Check it out. Have fun.
PS...Yesterday, TWTR was one of my 0 stocks. This morning, it went up 10%
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