It isn’t new, per se, only that I now first discovered its utility. For years I’ve leaned on the mean reversion algos for buying dips and have enjoyed wanton success because of them. The hardest part of trying to predict the market is when it’s going to break the fuck higher — it still is. But I have a nice edge now and I’ve been using it for a few months, testing it out, mind you, before showing fuckheads like you.
For members of our grande halls — here is the screen.
What am I looking for with this flag?
I am search for stocks that have reached an overbought status, the upward range of its technical ranking, that have historically gone higher afterwards.
Case in point, I just sent out an educational email about this, highlighting all of the OB stocks on August the 6th, 2018. The net result was +7% return over two weeks, against the backdrop of the SPY that produced a gain of ZERO.
Here is that basket.
And here are today’s high probability momentum stocks.
There are a million ways to win. I endeavor to discover all of them.
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Ok after years of being a poker, I think I’m finally ready to take the plunge and purchase a year of exodus.
I’ve been knowing for years I should , but since I quit drinking I have quite a bit of extra change in my pocket these days, so the hell with it, let’s take that money and use it for something worthwhile. SOLD, Fly.