Technicals or Tea leaves?

I don’t mean to brag but can any one say that they subscribe to a vendor with the predictive qualities of the Forensic trader – Simply by the numbers. This won’t take long. Today 163 stocks were returned at the end of trading day that matched the criteria I always use. Exchange = NASDAQ, Price = $15 - $45, Volume => 1,000,000 share traded. Four (4) companies were up greater than 15%. The stocks are JRJC +19.84%, MLHR +17.46%, TBSI +16.30%, and VRGY +28.03%.

Let us go the tape! You won’t have to go far. Just scroll down to my November 27 articled titled “A day trader’s wish list" or just click on the Forensic Trader Radar (FTR) that follows.
http://spreadsheets.google.com/pub?key=pWDllmclb1SYe-0TrrFOtGQ

What is readily apparent is that 3 of the 4 stocks are displayed on the FTR. I also stated in the body of my post that VRGY was to be watched because of an after hours gap. Can any free or paid service match the precision of the FTR? Is it technicals or tea leaves?

The stocks to watch will published tomorrow before 8 AM eastern standard time based on the closing data of 11/28/2007.

Forensic Trader - Copyright © 2007, all rights reserved.

Symbol, Volume,and Closing price data are assumed accurate, however readers are responsible for verifying stock market data. Bias, support and resistance is determined via proprietary calculations and should not be considered buy or sell advise.