glgene
618 posts
msg #96761
- Ignore glgene |
10/5/2010 9:59:18 PM
Below is a script I developed, in an attempt to find stocks at least 50% above their MA(50). Looking for potential nosebleed-level stocks. I also show their RSI(14) readings for the past 3 days.
With the end-of-day run 10-5-2010, I found 8 stocks. Sure wish I had bought VHC a month ago . Anyway, it's currently at 104% above its 50-day MA, as the column shows. That said, I would appreciate replies to any or all of the following:
1) Of the 8 stocks shown, which ones (if any) would you deem most overbought with the 10-5-2010 run? I'm thinking AVEO due to price % change and volume decreasing the last couple of days. Not sure if I would short VHC (which has Jack-in-the-Beanstalk steep rise). Your thoughts on VHC? Or the other stocks?
2) How would you improve the script to make it more meaningful?
2) What columns and/or draws would you add to complement what is already shown?
3) Finally, my script may be a little clunky. How would you streamline it to get the same results? Code efficiency isn't my forte. But i'm learning.
Thanks!
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