[holygrailsm] Strategy for multi-baggers
17 05 2008You know, it was easy as pie to set up that search string in Stockcharts and, I have to say, it produces a pretty nice list of names to choose from. I added a $5 minimum to the criteria, but otherwise ran as is. Generated 33 stocks today (as of Friday). A few ETF’s, but I’m not sure I’d hold that against ‘em. Going to save that one and come back to it from time to time. Sean
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From: holygrailsm@yahoogroups.com [mailto:holygrailsm@yahoogroups.com] On Behalf Of t nmc Sent: Wednesday, May 14, 2008 9:15 AM To: Holygrailism Subject: [holygrailsm] Strategy for multi-baggers
I forgot to give details in my original e-mail. It is actually amazingly simple. The idea is to buy high volume stocks which are up in price in last week, last month, quarter, two quarters and year. And hold it forever. Specifically, here is the detail. Entry string:
1. 5 day close price delta > 0
2. 25 day close price delta > 0
3. 65 day close price delta > 0
4. 130 day close price delta > 0
5. 255 day close price delta > 0
6. Volume > 10 million
7. 25 day simple mov avg of volume > 1 million
8. 50 day simple mov avg of volume > 1 million
Exit String:
1. Pass it on to grand children
2. Sell when you need money for new stocks or personal need
3. Some kind of common sense stops for stocks like IOM
Holding every buy since 1981 yielded 17 times return on average with a very rough average hold period of 14 years (Some bought in 1981 some in 2007-8). S&P 500 up 11 times since Jan 1981. Shashank

