dang !, page-8

re: downside...amory hill here is the formula
sorry but it looks like a fluke to me...as it dropped to 085 after that call...

colA: close
colB: ref(close,-1)
{I like to see closing price today & yest. at first glance}
colF: V>0 AND Ref(V,-1)>0 AND Ref(V,-2)>0 AND Ref(V,-3)>0 AND Ref(V,-4)>0 AND V>200000
{a clumsy but effective way to eliminate rarely-traded duds, I forget who came up with this one}
Filter: ((Ref(H,-5)=HHV(H,21) OR
(Ref(H,-4)=HHV(H,21) OR
Ref(H,-3)=HHV(H,21) OR
Ref(H,-2)=HHV(H,21)) AND
C>Mov(C,40,E) AND C>Mov(C,180,E))
AND colA>Ref(CLOSE,-1) AND
Peak(1,H,10)<=1.1*Peak(2,H,10) AND
Peak(1,H,10)>=0.9*Peak(2,H,10) AND
Trough(1,L,10)<=1.1*Trough(2,L,10) AND
Trough(1,L,10)>=0.9*Trough(2,L,10) AND
H<=1.1*Peak(2,H,10) AND L>=0.9*Trough(2,L,10))
AND colF=1



anyway
I just ran it tonight and got.
IGO and JUM
Its a pity that there were not any more trading notes with it as I do not fully understand the comments Amory made beyond his volatility filters.

I guess one would also need to look at the Fundamentals at the time..As I recall Amory is an FA/TA
trader
thanks for the post
and Yes it does look good atm
cheers
john