Wednesday, October 22, 2008

Screening Stocks

Here are the variables I use to screen stocks:

I have one set up that I call "Day Movers"-
  1. Price: $1-$10
  2. Volume: min. 80,000
  3. Net Change: min 15%

After that I start screening all the stocks that the screener pulls up. Look for the right patterns and add to my watch list. Once I have my watch list set, I usually check the internet message boards to see if there is any hype surrounding the stock and make plans from there. Furthermore, I get confirmation in the morning from my subscription to www.timalerts.com to verify what from my watch list is a solid play.

Another screener I made is called "5 Day Movers"-

  1. Price: $1-10
  2. Volume: min 80,000
  3. Net Change: min 50%

Post coming up on UFI soon...

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