Aside from the sublime algorithmic fortune telling taking place inside of The PPT, I stumbled upon a new discovery, one which has allotted my purse (no homo) with a sizable amount of coin–these past few weeks. Recent winners include NAK, TC, CVO, ANR, YOKU*, KIOR*, OCLR* and ACI*. The winship has been plentiful, at a high percentage clip, alarming me to take notice and trade said names with feverish rapacity.
Today’s picks include APOL,SEED, TW, DNDN, NTLS, PAY, just to name a few.
The very essence of this screen is to search though 4,000+ stocks for a certain geometrical pattern that often leads to explosive moves to the upside. Clearly, this is not the holy grail; but it is an edge. Being a member of the higher echelon of successful Wall Street alumni, I can tell you with sterling certainty that having “an edge” is all one really needs in this business. With a little luck and hard work, you too can make a living out of buying and selling letters in the alphabet.
As a matter of fact, for years, my eldest son used to believe his Father “bought and sold letters of the alphabet.” When he’d ask me what I did for a living, I’d simply respond to my young child “Daddy, mind you, buys and sells letters from the alphabet. Now go eat your porridge.”
* denotes lack of participation