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Title: Can sell orders be used as short signals? Post by: Super Stock Picker on December 12, 2006, 10:32:59 PM If you issue a "sell" signal, do you instruct us to sell an existing postion, or can it be used as a short signal?
Title: Re: Can sell orders be used as short signals? Post by: Super Stock Picker on December 12, 2006, 10:33:57 PM As it is now, our sell orders only mean to sell the existing positions.
But we have done some preliminary work on the Ultimate Price Momentum portfolios, and we have noticed that following our sell orders, the stocks were heading lower quite regularly. That would then say that our sell orders could be good short signals but it needs more investigation before having a solid conclusion. Have you personally try to follow our sell orders as short signals? Title: Re: Can sell orders be used as short signals? Post by: irondog47 on December 12, 2006, 10:59:48 PM No, I haven't done it yet, but I will try to do it as paper trades first, and then , if it works, as real trades, in a month, or about..
Title: Re: Can sell orders be used as short signals? Post by: irondog47 on December 12, 2006, 11:09:42 PM You issued 2 sell orders for 04 DE - NOC and PDN - if sold short at that day, the profit on each stock would have been about $0.50 as of today, going steadily down. Looks good to me... ;D
Title: Re: Can sell orders be used as short signals? Post by: irondog47 on December 12, 2006, 11:13:33 PM In my least message I missed a word: PRICE in the sentence ending with ...going steadily down...
Sorry for the typo. |