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Check VRST today (up 18%). Before 10.30 EST it showed a lot of relative
strength compared to the NASDAQ, if you look at yesterday's low. The NASDAQ
made a triple bottom between 2 pm EST yesterday and 10.30 this morning.
VRST showed a strong divergence from it's low of yesterday. Look at the
spike in volume compared to yesterday. Admittedly this stock is not over
$25 but whatever.
> THIS IS NOT TRADING ADVICE. USE AT YOUR OWN RISK. TRADING INVOLVES
> SUBSTANTIAL RISK OF LOSS.
>
> This is an idea I have been toying with but I doubt I will ever use.
Stocks
> are not my thing. It is part mechanical, part discretionary, so it makes
> backtesting difficult. It is just an idea -- do with it what you want.
I
> make no warranties about the past or future profitability of this method.
> It is only an idea that seems to have promise.
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