Thursday, March 11, 2010

3/11 Roads not taken

A number of psar signals that I chose not to analyze. Here's the list and the reasons why.


  • SLV, bear, low adx: 18
  • XLP, bear, low adx: 20
  • XLV, bear, really low adx: 11
  • SKIL, bear, news: analyst comment
  • MO, bear, ex-dividend
  • MRK, bear, ex-dividend
  • CNK, bear, news: priced secondary stock offering
  • PCX, bear, low adx: 21
  • PDLI, bear, ex-dividend
  • DE, bear, news: broke 10-day moving average
    • So, that's news, I guess, but there are a lot of moving averages to choose from. I use the 20-day moving average, and it stopped at the ma20, which is bullish. A second reason for passing on DE is the adx, which is low at 21.
  • CSR, bear, news: new share offering
Abbreviations:
psar - Parabolic Stop and Reverse
adx - Average Directional Index
pps - Person's Proprietary Signal
ma20 - 20-day moving average
macd - Moving Average Convergence-Divergence
mfi - Money Flow Index
sto - Fast Stochastic
    

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