New "Date-Specific" Tiger Charts
and Augmented Buy
B24s
in An Eight and A Half Year-Old Bull Market
www.tigersoft.com/TigerResearch/AUG-B24s/INDEX.htm
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(C) 2017 William Schmidt, Ph.D. All rights reserved.
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New charts to show what a stock looked like on a specific date.
Back in 2006, I published a study of augmented Buy B24s.
The idea here was to pick stocks showing very intense Accumulation
and buy them when they made successive new highs provided
they met a number of key conditions, which are discussed in
my Explosive Super Stocks.
The results obtained holding these stocks for one year were
tabulated by stock and then by year.
Year Avg.Gain Winning Trades Losing Trades
Gains>100% Losses<-30%
1990 + 44.7% 3 1
1 1
1991 + 29.6% 10 4
2 1
1992 +56.6% 9 4
2 0 also a +91.8% gain
1993 +14.0% 11 9
3 1
1994 +10.0% 5 4
1 1
1995 +37.5% 12 4
2 2
1996 +34.2% 13 7
2 0 also a +93.8% gain
1997 + 7.3% 11 8
0 3 also a 91.9% and 87.3% gains
1998 -13.6% 1 6
0 1
1999 +175.6% 1 1
1 0
2000 +40.4% 4 2
1 1
2001 + 1.0% 10 10
0 2
2002 +19.0% 10 6
2 3
2003 +58.4% 38 6
9 2 also 3 gains over +80%
2004 +40.9% 18 7
3 2
2005 +23.9% 26 7
2 1
2006 incomplete
2007 incomplete
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TOTALS 182 86 31
21
Year after year since, I have reported on the best performing
stocks. When we go through these lists, we invariably see that
50%-70% of these explosive stocks show the basic pattern of
a bulging level of intense Accumulation and a breakout past
a flat resistance. Buy B10s, B12s, B20s and Buy B24s appear
at the start of their moves.
Introduction
http://www.tigersoft.com/Tigersoft-Explosive/
http://tigersoft.com/--3--/
http://www.tigersoft.com/Explosive-Super-Stocks/index.htm
http://www.tigersoft.com/2009-Super-Stocks/index.html
http://tigersoft.com/TigerSoft-Simple-Very-Profitable/index.html
http://www.tigersoft.com/PageThreeTigerSoft/index.htm
http://tigersoft.com/Getting-Started/index.htm
http://www.tigersoft.com/-HL2013M28M/EXPSUPER/index.html
2016-2017 Rules
I have studied the B24 breakouts of the last twelve months and
refined and optimized the rules for this period. To do so I wrote
a program to find all the "crude" B24s. A long list of stocks
showing the new 65-day highs occurring with IP21-Accumulation levels
above +.445 in the previous 65 trading days. There were more than
a hundred stocks. After examining the successes and failures in
these stocks, I have concluded the best can be separated from the
others in the following way at this time.
1) Exclude stocks trading in very low volume.
2) Exclude stocks closing under $2.50 and above $70.
3) Exclude stocks whose IP21 is currently below +.23
I would also eliminate stocks whose IP21 is below its 21-dma.
4) Exclude stocks with an AI/65 under 42. In other words, the stocks' IP21
should be positive at least 42 of the last 65 trading
days.
5) The highest IP21 reading in the last 42 trading days should be above +.465.
Higher, above +.55, is even better.
6) Exclude cases where the AROC (annualized rate of change of the 21-dma)
is above +5.00.
7) Exclude stocks that have already risen more than 75% in the previous month.
8) Count the number of Buy 24s in the past 4 months. More than 4 makes the
stock risky to chase.
Buying on Strength Is Risky. Study these successes.
So use stop losses of about 10%, placed below the 65-dma is lower priced stocks.
Sell when a head/shoulders pattern is completed or there is a false breakout.
Study the charts below of the best augmented B24s for this year. They will
show
you what a stock looks like that should have been bought on unusual technical
strength.
CLMT + 32.3% AI/65 = 43
7/20/2017 4.95 ---> 6.55 8/25/2017 |
CLMT now 8/25/2017 |
CO + 100.9% AI/65= 55
4/16/2017 7.3 ----> 14.67 8/25/2017 |
CO now 8/25/2017 |
DZK +35.3% AI/65= 59
1/25/2017 51.21 ----> 71.01 8/25/2017 |
DZK now 8/25/2017 |
RICK +87.2% AI/65= 52
12/5/2016 13.29 ---> 24.28 8/25/2017
|
RICK now 8/25/2017 |
TCI +48% See how H/S pattern stopped
advance. |
TCI |
TGS + |
TGS |
WF +48.8% AI/65=
9/27/2016 31.87 ---> 50.9% 8/25/2017
|
WF 8/25/2017 |