Profitable Pullback Stock Screen
Posted on Friday, August 8th, 2008 | In Market Commentary
Contributed by: Steve Warshaw (http://www.recordpricebreakout.com) -
I was watching Mad Money with Jim Cramer today and he discussed a very interesting topic. The gist of it was that stocks which are hitting 52 week highs and pullback on big market down days tend to rebound hard and fast when the market rallies.
As is typical with Jim, he doesn’t ever tell you how to actually find stocks that meet the criteria, so, I decided to show you how to create a stock screen that will return this exact basket of stocks.
Here’s the video, It’s in HD so this link will open a new web page:
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 About Steve Warshaw (http://www.recordpricebreakout.com)
RecordPriceBreakout was founded by Steve Warshaw in July, 2008. Steve is a full time software engineer and aspiring professional technical analyst. Steve has contributed significantly to the development of several trading software and technical analysis programs including Track and Trade High Finance by Gecko Software. |
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