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PureBytes Links
Trading Reference Links
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In case you are bored and want to spend a bit of time
getting filled with new ideas.... from a friend of mine. Available from
the web at:
From:
http://www.manhattanbaptist.org/investcommands.htm
10 COMMANDMENTS OF INVESTING IN THE STOCK
MARKET
By Preston T. Bailey, Ph.D, D.Min.
Newton3Law@xxxx
1. DECIDE IF YOU WANT TO BE A SHORT TERM OR A
LONG-TERM TRADER FOR A SPECIFIC STOCK
2. COMPILE A LIST OF GOOD PROSPECTIVE STOCKS
A. Magazines & newspapers
1) Investors Business Daily
2) Money
3) Kiplinger’s
4) Individual Investor
5) Online Investor
B. Television
1) CNBC Business news
2) MSNBC Business news
C. Websites of analysts reviews of stocks to buy
*
http://www.iw.com
*
http://www.pcmagazine.com
*
http://www.pcweek.com
*
http://www.pcworld.com
*
http://www.nytimes.com
*
http://www.margin.com
*
http://www.money.com
*
http://www.fortune.com
*
http://www.Bloomberg.com
*
http://www.stocksmart.com
*
http://www.cyberinvest.com
*
http://www.equis.com
*
http://www.forbes.com
*
http://www.hoovers.com
*
http://www.wallstreetcity.com
*
http://www.hoovers.com
*
http://www.marketedge.com
*
http://www.marketguide.com
*
http://www.fool.com
*
http://www.researchmag.com
*
http://www.growthlist.com
*
http://www.streetnet.com
*
http://www.w100.com
*
http://www.stockinfo.standardpoor.com
*
http://metro.turnpike.net/holt/curr.htm
D. High percentage volume stocks of the day
E. High percentage gainer stocks of the day
F. Seminars with recommendations of financial planners or managers
G. Newsletter recommendations of paid prescriptions
H. Check out IPO’s going public
* http://www.investools.com
* http://www.ipocentral.com
* http://www.ipo-network.com
* http://www.ipo-source.com
* http://nestegg.iddis.com/ipo
3. TRADE WITH THE MARKET DIRECTION
* http://www.equis.com
4. CHOOSE THE BEST PERFORMING STOCKS
A. Look for the best performing industries
* http://www.wallstreetcity.com
* http://www.briefing.com
* http://www.dbc.com
* http://www.marketguide.com
* http://www.quote.com
* http://www.stocksmart.com
* http://www.streetnet.com
* http://www.usatoday.com
* http://www.stockinfo.standardpoor.com
* Investors Business Daily
B. Look for the best performing sectors in an industry
* http://www.wallstreetcity.com
* http://www.briefing.com
* http://www.dbc.com
* http://www.marketguide.com
* http://www.quote.com
* http://www.stocksmart.com
* http://www.streetnet.com
* http://www.usatoday.com
* http://www.stockinfo.standardpoor.com
* Investors Business Daily
C. Get a list of all the stocks in a specific sector that you want to track and place them in a portfolio. It is hard to track more than 7-10 sectors at a time!
* http://www.wallstreetcity.com
* http://www.dbc.com
* http://www.investools.com
* http://www.marketedge.com
* http://www.nytimes.com
* http://www.newspage.com
* http://www.quote.com
* http://www.moneynet.com
* http://www.stocksmart.com
* http://www.wsj.com
* http://www.zacks.com
* http://bis.dowjones.com/clipping
* http://pawws.com
* http://networth.galt.com
D. Narrow down your stocks to the 3-7 leading stocks in each sector and track them daily.
E. Look for the stocks that consistently reach new highs.
F. Look for the stocks that consistently are the high percentage increase in price increase for the day
G. Look for stocks that have increased in price 80% or more for the year
H. Look for stocks that have positive news or good earnings estimates
* http://www.firstcall.com
* http://www.ibes.com
* http://www.zacks.com
* http://www.stockinfo.standardpoor.com
J. Look for stocks that have a relative strength of 80% or more
K. Look for stocks that have sudden or unusual insider trading
* http://dowjones.com
* http://www.insidertrader.com
* http://www.marketedge.com
* http://www.quote.com
* http://www.wallstreetcity.com
L. Get current quotes on the stock you are interested in and examine an “intraday” chart
* http://www.bigcharts.com
* http://www.cnnfn.com
* http://www.pcquote.com
* http://www.secapl.com
* http://www.stocksmart.com
* http://www.stockmaster.com
* http://www.dbc.com
* http://www.money.com
* http://www.wallstreetcity.com
5. PERFORM FUNDAMENTAL ANALYSIS ON THE STOCKS
* http://networth.galt.com
* http://www.barrons.com
* http://www.hoovers.com
* http://www.investools.com
* http://www.wallstreetcity.com
* http://www.marketguide.com
* http://www.redchip.com
* http://www.moneynet.com
* http://www.stockinfo.standardpoor.com
* http://www.westergaard.com
* http://www.sec.gov
* http://www.disclosure.com
* http://www.edgar-online.com
* http://www.companiesonline.com
* http://www.investorweb.com
* http://www.nasdaq.com
6. PERFORM TECHNICAL ANALYSIS ON THE STOCKS
A. Technical patterns to look for
1. MACD
2. Stochastics
3. Trading bands
4. Basing breakouts
5. Wilder RSI
6. Momentum
7. Volatility
8. Moving averages
9. Ranking
B. Websites
* http://newsbridge.com
* http://avidinfo.com
* http://www.e-analytics.com
* http://www.teleport.com
* http://www.traders.com
* http://www.tradingtech.com
* http://www.wallstreetcity.com
* http://www.techcharts.com
* http://www.askresearch.com
* http://www.iqc.com
* http://www.dbc.com
* http://www.investools.com
* http://www.accutrade.com
* http://www.americanexpress.com/direct
* http://www.aufhauser.com
* http://www.ceres.com
* http://www.rapidtrade.com
* http://www.datek.com
* http://www.ebroker.com
* http://www.etrade.com
* http://www.suretrade.com
* http://www.investexpress.com
* http://www.Lombard.com
* http://www.ndb.com
* http://www.joxford.com
* http://www.tradepbs.com
* http://www.pcfn.com
* http://www.quick-reilly.com
* http://www.eschwab.com
* http://www.jackwhite.com
* http://www.zacks.com
* http://personal.fidelity.com
7. WATCH FOR SIGNALS OF WHEN TO BUY A STOCK
A. A breakout from a basing pattern
B. A breakout above a stocks moving average
C. MACD signal to buy
D. Stocks that have reached a new high
E. Stocks that have been upgraded to a “Strong Buy” by analysts
F. Stocks with high volume and going up
G. Good news on a company
H. Stock split announcement
I. A breakout above resistance after base with high volume
J. Earnings announcement is good
8. PROTECT YOUR PROFITS AND CUT YOUR LOSSES
A. Decide what percentage of a stop loss you should set
B. If the stock is very volatile, you may have to watch it closely
C. Decide when to buy and when to sell
9. KEEP CURRENT ON YOUR EDUCATION OF THE STOCK MARKET
A. Magazines
1) Stocks & Commodities
2) Trader
B. Website education
http://www.barrons.com
http://www.cyberinvest.com
http://www.e-analytics.com
http://www.investors.com
http://www.wallstreetcity.com
http://www.investorweb.com
http://www.investhelp.com
http://www.researchmag.com
http://www.stockinfo.standardpoor.com
http://www.moneypages.com/syndicate
http://www.wsj.com
http://www.amex.com
http://www.nasdaq.com
http://www.nyse.com
http://www.aaii.org
http://www.better-investing.org
C. CD-ROM programs
* Introduction to Technical Analysis by Martin Pring
*Teachpro Internet Trading by Multimedia Technologies Ltd.
*The Stock Shop by Peter Lynch
10. DEVELOP YOUR TRADING RULES AND STICK WITH THEM
STOCK TRADING RULES
1. Do not buy a stock unless you know about what price you will sell it for.
2. Never buy a stock based on a rumor or tip! Never! Never! Never!
3. Research each stock before trading. Look at the chart, history, news, stochastics, market, MACD, sector, volume, price history, and patterns. Wait for the right market trends and look for patterns in the stock.
4. Stick with a 5-15% stop loss. You can recoup it next time!
5. Stay with the market trend. The trend is your friend! Watch how the whole sector is performing! Pick the best stock in a growing sector!
6. Don’t risk more than 25% of your capital on one transaction. Diversify! Put money in a tried and true blue chip stock or one of the top 100 stocks of 1999. Remember though- past performance does not guarantee the same performance in the future!
7. Do not get emotional about any stock or company. View all trades as a game. Decide if you are a short term or long term trader of that stock.
8. Know when to walk away from a trade if you have not had enough time for adequate research no matter what your instinct tells you!
9. Review any mistakes and learn from them and do not repeat them!
10. If you do not feel good about a trade then don’t do it. When in doubt- DON’T.
MY USUAL STOCK MARKET ROUTINE
THINGS I DO DAILY
* Watch the market direction from http://www.Signalwatch.com/intraday.htm
* Check my emails on news alerts for stocks I am watching from Telescan, http://www.worldlyinvestor.com, http://www.onlineinvestor.com, etc.
* Look at the High Price gainers on AOL
* Look for High % gainers for the day on AOL
* Look at High Volume stocks at http://www.wallstreetcity.com
* Look for stocks with New Highs on http://www.dailystocks.com
* I run through the stocks I have been tracking on AOL, Personal Finance, Portfolios
* If a stock is looking good then I check out the intraday chart to get to know how it moves or fluctuates during the day
IF I HAVE TIME I GO TO:
* http://www.thomsoninvest.net and then check out the top performers
* http://www.investorlinks.com and go to Intraday charts & daily stocks
*Review the Technology sector stocks at http://www.cnbc.com at stocks, Industry Groups & Winners & Losers for the day
* http://www.equityalert.com for big movers & traders consensus
*Go to http://www.cbs.marketwatch.com for TOOLS & DATA
*Search for Relative Strength Stocks, etc. at http://www.stocktables.com, http://www.telescan.com/online/amexbroker/marketcommentary.asp, or http://canslim.net
*Go to http://www.investmenthouse.com and look at TODAY’S MARKET, NASDAQ STOCKS, NYSE STOCKS, & STOCK OPTIONS
*Get a list of the US Stock Rankings at http://www.worldlyinvestor.com
*See how the technology stocks did at http://www.techstockinvestor.com
*Do Pro searches around http://www.wallstreetcity.com
THE BEST PROSEARCHES ON TELESCAN
By Preston T. Bailey, Ph.D.
*STRONGEST 6 WEEK STOCKS
*PROSPECTOR’S BEST SEARCH (1 to 12 months; 1, 2, & 3 months are the best)
*PROSPECTOR’S BEST SEARCH (All Stocks, Micro Cap, Small Cap, Medium Cap, or Large Cap Stocks)
*PROSPECTOR’S BEST SEARCH (one of the indexes such as NASDAQ) *PROSPECTOR’S BEST SEARCH (in each sector)
*HIGH VOLUME STRONG STOCKS WITH EARNINGS UPGRADE
*NEW 4 WEEK HIGHS
*NEW 6 WEEK HIGHS
*NEW 13 WEEK HIGHS
*NEW 26 WEEK HIGHS
*NEW 52 WEEK HIGHS
*STRONG SHORT & LONG-TERM GROWTH & TECH RANKS
*GREAT EARNINGS STABILITY AND HIGH VALUE RANKS
*HIGHEST POSITIVE REVISION IN PROJECTED EARNINGS
*HIGH FREE CASH FLOW/SHARE AND HIGH EARNINGS GROWTH *HIGH GROSS MARGIN WITH HIGH REVENUE AND EARNINGS GROWTH
*IMPRESSIVE ANALYST RANK AND RECENT STRENGTH
*HIGH NUMBER CONSECUTIVE DAYS UP AND NEAR 52 WEEK HIGHS *POSITIVE BREAKING PATTERN
*30/15 STOCHASTICS WEEKLY BREAKOUT
*POSITIVE 12/20/6 WEEK MOMENTUM BREAKOUT
*POSITIVE 8/17/9 WEEK MACD BREAKOUT
*POSITIVE 8/17/0 WEEK MACD BREAKOUT
*POSITIVE 150 DAY MOVING AVERAGE BREAKOUT
*POSITIVE 200 DAY MOVING AVERAGE BREAKOUT
*POSITIVE SHORT-TERM TECHNICAL BREAKOUTS
*10 DAY MOVING AVERAGE BREAKOUT
*21 DAY MOVING AVERAGE BREAKOUT
*30 MOVING AVERAGE BREAKOUT
*8/17/9 DAY MACD BREAKOUT
*12/25/9 DAY MACD BREAKOUT
*12/20/6 DAY MOMENTUM BREAKOUT
*21/25/8 DAY MOMENTUM BREAKOUT
*9/3 WEEK STOCHASTICS BREAKOUT
*21/3 WEEK STOCHASTICS BREAKOUT
*14/5 WEEK STOCHASTICS BREAKOUT
*9 DAY WILDER BREAKOUT
*14 DAY WILDER BREAKOUT
*STRONG LONG-TERM GROWTH RANK
*HIGH EARNINGS VELOCITY
*UNUSUAL VOLUME ALERT
*STRONG STOCKS WITH GOOD FUNDAMENTALS
*HIGHEST 5 WEEK PRICE PROJECTION
*GREAT EARNINGS, SALES, AND CASH FLOW GROWTH
STOCK ANALYSIS WORKSHEET
Print off this chart and fill in information on each stock you are considering buying:
STOCK SYMBOL ____________
RELATIVE STRENGTH 1-99 [ ]
ANALYST RANK 1-5 [ ]
RANKING IN SECTOR [ ]
10 DAY MOVING AVERAGE [ ] ABOVE [ ]
BELOW 30 DAY MOVING AVERAGE [ ] ABOVE [ ]
BELOW 50 DAY MOVING AVERAGE [ ] ABOVE [ ]
BELOW 200 DAY MOVING AVERAGE [ ] ABOVE [ ]
BELOW 30 DAY AVERAGE VOLUME [ ] ABOVE [ ]
BELOW PREVIOUS VOLUME [ ]
LEVEL OF SUPPORT [ ]
LEVEL OF RESISTANCE [ ]
LAST MACD [ ]
MOMENTUM [ ] UP [ ] DOWN
P/E RATIO [ ] PREVIOUS HIGH [ ] PREVIOUS LOW [ ]
OVERBOUGHT [ ] OVERSOLD [ ]
QUARTERLY EARNINGS [ ] UP [ ] DOWN
PRICE TO BUY [$ ] PRICE TO SELL [$ ]
*This information is for educational purposes only. Each investor has to develop his own system of trading and what stocks, bonds, mutual funds, futures, and options to buy and sell! Every transaction has its own level of risk!
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