Hi,
This is to wish you all a Very Very Happy, Healthy and Prosperous New Year.
Hope that DreamTai trading software will help you in making profitable investments in stocks.
Monk: what are the new changes in the next release that we can see ? when is the release date ?
The new version will be released in Jan first week.
It will have Report generation capabilities and ability to take screen shots and save it.
Will let you know about the release.
Sanjoy
Sunday, December 31, 2006
Thursday, December 28, 2006
DreamTai Stock Trading Software:Thursday, Dec 28, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Wednesday, the Dow closed at 12,510 which is 102 points higher than the previous close of 12,407
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
UPTRENDING:
DOWNTRENDING :
Question from Tom:
If your buying stocks at there 52 week low is it better to buy when chart turn green?
I'm looking for support thanks. I just want to buy when price is low.
Hi,
The problem is that no one can predict when an exact low has been reached.
The stock can go lower also..It can go uptil zero.
So, it is very risky trying to buy lows.
DreamTai is better suited for buying at Highs, when the trend is in our favour and is helping up to push the stock up.
Have a look at Enron in the following page
http://dreamtai.blogspot.com/2006/05/money-management-market-survival.html#links
If you had purchased it at low, you would have made a huge loss.
It is like catching falling knives.
Here is another link
http://dreamtai.blogspot.com/2006/04/gentleman-from-ireland-saturday-april.html#links
Question from David:
Current dreamtai does not show afterhour prices ? or am i not doing some thing right ?
same with pre market prices do not show up
DreamTai automatically downloads prices from Yahoo Finance.
Yahoo does not have pre and post market data.
If you want real time data, try using TradeStation software.
Question from David:
You had said you have stared a subscription to RadarScan from TradeStation, how do i get it ?
RadarScan is a very useful scanning tool where you can create your own customised scan.
You have to subscribe to TradeStation charting platform.
Go to http://www.tradestation.com for more details.
Question from David:
Does Dreamtai has inbuilt scans ? Do yo plan on implementing scans in dreamtai ?
No, at present it does not have scans. We may put it in future.
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Wednesday, the Dow closed at 12,510 which is 102 points higher than the previous close of 12,407
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
UPTRENDING:
DOWNTRENDING :
Question from Tom:
If your buying stocks at there 52 week low is it better to buy when chart turn green?
I'm looking for support thanks. I just want to buy when price is low.
Hi,
The problem is that no one can predict when an exact low has been reached.
The stock can go lower also..It can go uptil zero.
So, it is very risky trying to buy lows.
DreamTai is better suited for buying at Highs, when the trend is in our favour and is helping up to push the stock up.
Have a look at Enron in the following page
http://dreamtai.blogspot.com/2006/05/money-management-market-survival.html#links
If you had purchased it at low, you would have made a huge loss.
It is like catching falling knives.
Here is another link
http://dreamtai.blogspot.com/2006/04/gentleman-from-ireland-saturday-april.html#links
Question from David:
Current dreamtai does not show afterhour prices ? or am i not doing some thing right ?
same with pre market prices do not show up
DreamTai automatically downloads prices from Yahoo Finance.
Yahoo does not have pre and post market data.
If you want real time data, try using TradeStation software.
Question from David:
You had said you have stared a subscription to RadarScan from TradeStation, how do i get it ?
RadarScan is a very useful scanning tool where you can create your own customised scan.
You have to subscribe to TradeStation charting platform.
Go to http://www.tradestation.com for more details.
Question from David:
Does Dreamtai has inbuilt scans ? Do yo plan on implementing scans in dreamtai ?
No, at present it does not have scans. We may put it in future.
(c) Dreamtai Stock Trading Software
Tuesday, December 26, 2006
DreamTai Stock Trading Software:Wednesday, Dec 27, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Tuesday, the Dow closed at 12,407 which is 64 points higher than the previous close of 12,343
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
UP
DOWN
Question from Mike:
Mike said...
How come I'm seeing different power rankings on my end, for example, EXPE is listed as a 4.8 on my power ranking in DT...
My apologies. I have mis-labeled the column as Power Ranking in the figure. I have changed the label name.
That figure is the percentage increase in price over the past five weeks
So, you have all the Nasdaq 100 stocks sorted in order of greatest increase in price over the past month.
Comparing yesterday's figure with today's figure, we can see that JOYG and CMCSA have increased a lot.
This scan can be used as a filter to identify fast moving stocks.
Again, I am just testing. I would love to hear your feedback on how this scan is helping you.
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Tuesday, the Dow closed at 12,407 which is 64 points higher than the previous close of 12,343
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
UP
DOWN
Question from Mike:
Mike said...
How come I'm seeing different power rankings on my end, for example, EXPE is listed as a 4.8 on my power ranking in DT...
My apologies. I have mis-labeled the column as Power Ranking in the figure. I have changed the label name.
That figure is the percentage increase in price over the past five weeks
So, you have all the Nasdaq 100 stocks sorted in order of greatest increase in price over the past month.
Comparing yesterday's figure with today's figure, we can see that JOYG and CMCSA have increased a lot.
This scan can be used as a filter to identify fast moving stocks.
Again, I am just testing. I would love to hear your feedback on how this scan is helping you.
(c) Dreamtai Stock Trading Software
Monday, December 25, 2006
Questions from George & Tom
Questions from George & Tom
George: How can you use deamtai to help short a stock ?
24 Dec 06, 14:00
George: When do you typically short a stock and what rules one should follow?
23 Dec 06, 01:56
Tom: If you buy stocks at there 52 week low do you like to buy when charts read red?
Hi,
We buy stocks which are in an uptrend and short stocks which are in a downtrend.
Here are the articles explaining in detail.
New Buy New Sell
http://dreamtai.blogspot.com/2006/04/confusion-too-many-transactions-friday.html#links
Buying and Selling through DreamTai
http://dreamtai.blogspot.com/2006/04/buying-and-selling-through-dreamtai.html#links
http://dreamtai.blogspot.com/2006/05/stock-trend-and-trading-strategy.html#links
Shorting
http://dreamtai.blogspot.com/2006/05/dreamtai-stock-trading-software-what.html#links
-Sanjoy
George: How can you use deamtai to help short a stock ?
24 Dec 06, 14:00
George: When do you typically short a stock and what rules one should follow?
23 Dec 06, 01:56
Tom: If you buy stocks at there 52 week low do you like to buy when charts read red?
Hi,
We buy stocks which are in an uptrend and short stocks which are in a downtrend.
Here are the articles explaining in detail.
New Buy New Sell
http://dreamtai.blogspot.com/2006/04/confusion-too-many-transactions-friday.html#links
Buying and Selling through DreamTai
http://dreamtai.blogspot.com/2006/04/buying-and-selling-through-dreamtai.html#links
http://dreamtai.blogspot.com/2006/05/stock-trend-and-trading-strategy.html#links
Shorting
http://dreamtai.blogspot.com/2006/05/dreamtai-stock-trading-software-what.html#links
-Sanjoy
DreamTai Stock Trading Software:Tuesday, Dec 26, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Friday, the Dow closed at 12,343 which is 78 points lower than the previous close of 12,421
As long as the index is in the upwards sloping channel, the trend is bullish.
I have started subscription to RadarScan from TradeStation.
It is a scanning engine which can scan ALL stocks of Nasdaq or S&P or your own custom list. You can create your own scanning criteria.
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
Let us check how this scan performs. Please feel free to leave feedback.
UPTRENDING STOCKS:
DOWNTRENDING STOCKS
The stocks are sorted as per their movement in the last month.
The Ranking indicated how much the stocks have trended.
If higher positive ranking, then they have moved up a lot.
If lower negative ranking, it means they have moved down a lot.
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Friday, the Dow closed at 12,343 which is 78 points lower than the previous close of 12,421
As long as the index is in the upwards sloping channel, the trend is bullish.
I have started subscription to RadarScan from TradeStation.
It is a scanning engine which can scan ALL stocks of Nasdaq or S&P or your own custom list. You can create your own scanning criteria.
I have put here the scans of all the Nasdaq 100 stocks using TradeStation.
The scans are for those stocks which have trended up or down in the past month.
Let us check how this scan performs. Please feel free to leave feedback.
UPTRENDING STOCKS:
DOWNTRENDING STOCKS
The stocks are sorted as per their movement in the last month.
The Ranking indicated how much the stocks have trended.
If higher positive ranking, then they have moved up a lot.
If lower negative ranking, it means they have moved down a lot.
(c) Dreamtai Stock Trading Software
Thursday, December 21, 2006
Searching for High Power Ranking stocks
Comment from Anonymous:
Still Tying to find higher power rankings 5 plus. How is the power rating calculated? By Volume and what else. I have some EFT's DIA QQQQ SPY etc. and thy all have low PR and their average volume is higher to some of the small caps I also have in my watch list.
Dear Sir/Madam,
Try looking for stocks which are at their 52 week high. They will have higher power ranking.
Look at your daily newspaper for those stocks which closed at their yearly high.
Here is a link to a scanner
http://stockcharts.com/def/servlet/SC.scan
Another way is to see the Monday edition of investor Business Daily ( if you are in USA) to check the top 100 stock list.
Sincerely,
Sanjoy
Still Tying to find higher power rankings 5 plus. How is the power rating calculated? By Volume and what else. I have some EFT's DIA QQQQ SPY etc. and thy all have low PR and their average volume is higher to some of the small caps I also have in my watch list.
Dear Sir/Madam,
Try looking for stocks which are at their 52 week high. They will have higher power ranking.
Look at your daily newspaper for those stocks which closed at their yearly high.
Here is a link to a scanner
http://stockcharts.com/def/servlet/SC.scan
Another way is to see the Monday edition of investor Business Daily ( if you are in USA) to check the top 100 stock list.
Sincerely,
Sanjoy
Sunday, December 17, 2006
Can't have them all!!
Look at the previous posts.
Stocks like GROW, MAMA, AKAM have trend and pushed up.
But we were not successful in stocks like ATI which went down from 98 to 88.
We had another stock in pick with ticker symbol TAR
It went as high as 26 and then crashed down to 18 at present.
That is why we risk only two percent of our equity on each trade.
So, we do not run the risk of ruin if any one stock pick does not work out.
At the same time, if any our our picks are successful, we can add more to our positions and make huge profits.
It is a game of chance in which we are trying to RIG the market in our favour by betting only on those stocks which show promise based on trend, volume and momentum.
At the same time, we are betting just two percent on each stock.
You can not do THAT in the casino..can you ?
In the words of Kenny Rogers "You have to know when to hold them, know when to fold them."
Trading is a percentage game.
Burn that rule into your brain and you'll save yourself a lot of headaches.
Stocks like GROW, MAMA, AKAM have trend and pushed up.
But we were not successful in stocks like ATI which went down from 98 to 88.
We had another stock in pick with ticker symbol TAR
It went as high as 26 and then crashed down to 18 at present.
That is why we risk only two percent of our equity on each trade.
So, we do not run the risk of ruin if any one stock pick does not work out.
At the same time, if any our our picks are successful, we can add more to our positions and make huge profits.
It is a game of chance in which we are trying to RIG the market in our favour by betting only on those stocks which show promise based on trend, volume and momentum.
At the same time, we are betting just two percent on each stock.
You can not do THAT in the casino..can you ?
In the words of Kenny Rogers "You have to know when to hold them, know when to fold them."
Trading is a percentage game.
Burn that rule into your brain and you'll save yourself a lot of headaches.
DreamTai Stock Trading Software:Monday, Dec 18, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
BULLISH TREND !!!
On Friday, the Dow closed at 12,445 which is 28 points higher than the previous close of 12,416
Currently, the market has started trending upwards in an upward sloping channel.
Note that the last price bar has turned Green, which implies bullishness.
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
BMET
MICC
TEVA (for shorting)
Here are some international stocks if you are interested
BT
VOD
PKX
CAJ
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
BULLISH TREND !!!
On Friday, the Dow closed at 12,445 which is 28 points higher than the previous close of 12,416
Currently, the market has started trending upwards in an upward sloping channel.
Note that the last price bar has turned Green, which implies bullishness.
As long as the index is in the upwards sloping channel, the trend is bullish.
Some picks
BMET
MICC
TEVA (for shorting)
Here are some international stocks if you are interested
BT
VOD
PKX
CAJ
(c) Dreamtai Stock Trading Software
Monday, December 11, 2006
DreamTai Stock Trading Software:Tuesday, Dec 12, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Monday, the Dow closed at 12,328 which is 21 points higher than the previous close of 12,307
Currently, the market is trendless...neither bullish nor bearish..
The next support level is around 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Some picks for the adventerous.
AKAM:
EWM:
GROW:
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Monday, the Dow closed at 12,328 which is 21 points higher than the previous close of 12,307
Currently, the market is trendless...neither bullish nor bearish..
The next support level is around 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Some picks for the adventerous.
AKAM:
EWM:
GROW:
(c) Dreamtai Stock Trading Software
Sunday, December 10, 2006
DreamTai Stock Trading Software:Monday, Dec 11, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Friday, the Dow closed at 12,307 which is 29 points higher than the previous close of 12,278
Note that the trend has changed as the index has gone below the upwards trending channel.
Please try to take profits and offload part of your long positions.
Currently, the market is trendless...neither bullish nor bearish..
DJI Index:
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Some picks for the adventerous.
Just monitor your current positions and take partial profits.
EWM:
EWO:
GROW:
MAMA:
RKT:
AKAM:
ATI:
BTJ:
CRVL:
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
On Friday, the Dow closed at 12,307 which is 29 points higher than the previous close of 12,278
Note that the trend has changed as the index has gone below the upwards trending channel.
Please try to take profits and offload part of your long positions.
Currently, the market is trendless...neither bullish nor bearish..
DJI Index:
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Some picks for the adventerous.
Just monitor your current positions and take partial profits.
EWM:
EWO:
GROW:
MAMA:
RKT:
AKAM:
ATI:
BTJ:
CRVL:
Wednesday, December 06, 2006
DreamTai Stock Trading Software:Wednesday, Dec 6, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
Today, I can not upload images to the blog due to some technical issue, so I am just giving the stock names.
On Tuesday, the Dow closed at 12,331 which is 47 points higher than the previous close of 12,283
Note that the trend has changed as the index has gone below the upwards trending channel.
Currently, the market is trendless...neither bullish nor bearish..
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Here are some picks:
STEC
http://finance.yahoo.com/q/bc?s=STEC&t=1y&l=on&z=l&q=c&c=
MWP
http://finance.yahoo.com/q/bc?s=MWP&t=1y&l=on&z=l&q=c&c=
BITI
http://finance.yahoo.com/q/bc?s=BITI&t=1y&l=on&z=l&q=c&c=
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
Today, I can not upload images to the blog due to some technical issue, so I am just giving the stock names.
On Tuesday, the Dow closed at 12,331 which is 47 points higher than the previous close of 12,283
Note that the trend has changed as the index has gone below the upwards trending channel.
Currently, the market is trendless...neither bullish nor bearish..
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Here are some picks:
STEC
http://finance.yahoo.com/q/bc?s=STEC&t=1y&l=on&z=l&q=c&c=
MWP
http://finance.yahoo.com/q/bc?s=MWP&t=1y&l=on&z=l&q=c&c=
BITI
http://finance.yahoo.com/q/bc?s=BITI&t=1y&l=on&z=l&q=c&c=
(c) Dreamtai Stock Trading Software
Sunday, December 03, 2006
DreamTai Stock Trading Software:Monday, Dec 3, 2006
DreamTai Stock Trading Software:Monday, Dec 3, 2006
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
Dow Jones Index:
On Friday, the Dow closed at 12,194 which is 27 points lower than the previous close of 12,221
Note that the trend has changed as the index has gone below the upwards trending channel.
Please try to take profits and offload part of your long positions.
Currently, the market is trendless...neither bullish nor bearish..
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Statue outside Delhi
Photo by soylentgreen23
No new picks today.
Just monitor your current positions and take partial profits.
If you look at the weekly charts, it does not look so bad at all..Just a healthy reaction to a long term upward trend.
Dow Jones Index (Daily) :
Dow Jones Index (Weekly) :
(c) Dreamtai Stock Trading Software
(c) Dreamtai Stock Trading Software
Disclaimer: For education/entertainment purpose only. Invest at your own Risk
Dow Jones Index:
On Friday, the Dow closed at 12,194 which is 27 points lower than the previous close of 12,221
Note that the trend has changed as the index has gone below the upwards trending channel.
Please try to take profits and offload part of your long positions.
Currently, the market is trendless...neither bullish nor bearish..
The next support level is slightly below 12000 as shown in the chart.
If the index goes below the support level, the trend is supposed to have fully changed to bearish.
Statue outside Delhi
Photo by soylentgreen23
No new picks today.
Just monitor your current positions and take partial profits.
If you look at the weekly charts, it does not look so bad at all..Just a healthy reaction to a long term upward trend.
Dow Jones Index (Daily) :
Dow Jones Index (Weekly) :
(c) Dreamtai Stock Trading Software
Saturday, December 02, 2006
Stocks Support Resistance Theory
As you have been seeing lately, the Dow Jones index has been coming out of the upwards trending channel support.
That means that the Dow is no longer in an upward trend.
Here is a good article on the theory of support and resistance.
http://www.investopedia.com/articles/trading/06/supportresistancereversal.asp
That means that the Dow is no longer in an upward trend.
Here is a good article on the theory of support and resistance.
http://www.investopedia.com/articles/trading/06/supportresistancereversal.asp
Subscribe to:
Posts (Atom)