Fwd: Investools Alert
David Slimp
Last year, I put some stocks on a watch list (with Investools).
Each time an "event" is triggered, I get an email like this one.
Perhaps some of you might like to put some stocks on a watchlist like this?
---------- Forwarded message ----------
From: Investools <port...@mailservices.investools.com >
Date: Feb 28, 2007 5:46 PM
Subject: Investools Alert
To: roc...@gmail.com
Date: 02/28/2007 06:11 PM EST
Symbol: VLO
Your alert was triggered today on the following indicators:
MACD(8,17,9) Zero Crossing
NEGATIVE BREAKOUT
Symbol: BHP
Your alert was triggered today on the following indicators:
Stochastic 14-5 Cross 25/75
NEGATIVE BREAKOUT - VALUE BELOW 75
Symbol: SSRI
Your alert was triggered today on the following indicators:
30 Day MA
POSITIVE BREAKOUT
Symbol: CDE
Your alert was triggered today on the following indicators:
30 Day MA
POSITIVE BREAKOUT
Symbol: GLD
Your alert was triggered today on the following indicators:
Stochastic 14-5 Cross 25/75
NEGATIVE BREAKOUT - VALUE BELOW 75
The information provided through the Investools System is compiled from sources which are beyond the control of Investools. Though such information is recognized to be generally reliable, the parties acknowledge that inaccuracies may occur. Accordingly, no investment decisions should be based solely on this information; you should perform adequate research before making any investment decision.
Rich Robison
Thanks for this info. I really enjoy stock investing, so I'd like to put
some questions out to the group.
What's your investment philosophy?
What types of companies do you look for?
How do you find your companies?
What's your typical holding period?
What's the most important you have learned investing?
Rich
On Wed, February 28, 2007 6:16 pm, David Slimp said:
> Last year, I put some stocks on a watch list (with Investools).
> Each time an "event" is triggered, I get an email like this one.
> Perhaps some of you might like to put some stocks on a watchlist like
> this?
>
>
> ---------- Forwarded message ----------
> From: Investools <port...@mailservices.investools.com>
> Date: Feb 28, 2007 5:46 PM
> Subject: Investools Alert
> To: roc...@gmail.com
>
> Portfolio: warning_ALERTS (From Old Toolbox)
> Date: 02/28/2007 06:11 PM EST
>
> ------------------------------
>
> Symbol: VLO
> <http://toolbox.investools.com/graphs/snapshot.iedu?symbol=VLO>
>
> Your alert was triggered today on the following indicators:
> MACD(8,17,9) Zero Crossing
> NEGATIVE BREAKOUT
>
> ------------------------------
>
> Symbol: BHP
> <http://toolbox.investools.com/graphs/snapshot.iedu?symbol=BHP>
>
> Your alert was triggered today on the following indicators:
> Stochastic 14-5 Cross 25/75
> NEGATIVE BREAKOUT - VALUE BELOW 75
>
> ------------------------------
>
> Symbol:
> SSRI<http://toolbox.investools.com/graphs/snapshot.iedu?symbol=SSRI>
>
> Your alert was triggered today on the following indicators:
> 30 Day MA
> POSITIVE BREAKOUT
>
> ------------------------------
>
> Symbol: CDE
> <http://toolbox.investools.com/graphs/snapshot.iedu?symbol=CDE>
>
> Your alert was triggered today on the following indicators:
> 30 Day MA
> POSITIVE BREAKOUT
>
> ------------------------------
>
> Symbol: GLD
> <http://toolbox.investools.com/graphs/snapshot.iedu?symbol=GLD>
>
> Your alert was triggered today on the following indicators:
> Stochastic 14-5 Cross 25/75
> NEGATIVE BREAKOUT - VALUE BELOW 75
>
> ------------------------------
>
> The information provided through the Investools System is compiled from
> sources which are beyond the control of Investools. Though such
> information
> is recognized to be generally reliable, the parties acknowledge that
> inaccuracies may occur. Accordingly, no investment decisions should be
> based
> solely on this information; you should perform adequate research before
> making any investment decision.
>
> >
>
--
Do not ever say that the desire to 'do good' by force is a good motive.
Neither power, lust, stupidity (nor arrogance, nor vanity) are good
motives. -- Ayn Rand
David
Here are my answers:
Q: What's your investment philosophy?
A: I'm not big on long-term buy and hold. Mostly because I see the ups and downs in the market, and I think those can be taken advantage of, and I have short-term goals where I'm looking for much faster growth. I am not adverse to higher risk to achieve that goal. I think "Swing Trading" very much fits my style at the moment.
Q: What types of companies do you look for?
A: I look mostly for companies that behave well in a trading channel (on technical chart analysis). I'm a trend follower, and so look for companies that are in some trend up, down, or sideways. Of course it is very helpful to know as much as possible about the company before getting in to a trade, but there is a balance as far as how much time I am willing to invest (which really isn't much). Good tools (ClearStation, Prophet, Investools, ThinkOrSwim, TurnerTrends, Google, MotleyFool, etc) are very helpful in finding enough information quickly to make a "good enough" decision.
Q: How do you find your companies?
A: The tools I mentioned above are probably the most common ways I find stocks. ClearStation and Investools both provide very flexible and comprehensive stock searching features which allow me to quickly find the top stocks which might be in an up or down trend, 13day EMA crossing 30day EMA, high rated fundamentals, biggest percentage movers for the day, etc. This provides a place to start, and then I can narrow it down to the best one or two from that list... again, using chart analysis.
Q: What's your typical holding period?
A: As I said, I've found Swing Trading to fit my style very nicely, so the usual time seems to be 1-8 weeks, probably more like 1-4 weeks if I was better at it, but some times I miss the first (or best) exit point and have to wait for the next cycle. There are plenty of sites that explain and tutor swing trading:
http://en.wikipedia.org/wiki/Swing_trading
http://www.swing-trade-stocks.com/
http://www.mrswing.com/
http://www.thestreet.com/k/dst/index.html
Q: What's the most important you have learned investing?
A: STOP LOSS! heh... well, yes.. that is extremely important to set for every trade, unless you really want to live with your eyeballs glued to the market every hour of every day. But, there are other important things too... finding your risk level and trading/investing style and finding and improving your education and perhaps finding a mentor are some other biggies.
Rich.... Drew.... How about both of y'all answering those questions as well :)
David