I think OUR choice is based on what OUR individual investment style is (short term Day Trader) or longer term trader.  Many folks CHOOSE to use the Beepner for an early buy signal as they are shorter term traders.  I am a longer term trader and I will wait for the cross below the 70% (as we have been instructed to do if we want to follow the system for ALL 3 buy signals to be positive)  I am OK to miss a bit of a trade at the VERY TOP and catch most of the move one way or the other and keep it a longer time. I LIKE THESE CHOICES.  I also like it when Matt points out that something is a Daytrade or short trade idea as I USUALLY just skip over them.  I am really looking forward to the longer term section on the Blog or watchlist.  (or maybe BOTH) FinaM

Trader 2.  If you change the RSI to ROC, you can see the divergence better. I persoanlly like this better for spotting divergence on the daily charts.  Try back testing it on some chaarts going back 6 months and you will see how well it works at spotting turning points.  This also works very well on DUG right now.  (Indicating an UP move) FinaM

Ameritrader:  If you are looking for EPS or Price reutrn you can search in IBD.  They have a premium service which I subscribe to that allows you to create custom stock earches based on whatever criteria your are looking for.

If you let me know (exactly) what your criteria is, I'll try to search it for you. FinaM

For those of you who have Stockcharts, you might like to check out the Public area under Brian P Benda.  The last chart on page 3 is projecting the next low around June 24 to 26. (FOMC meeting) He was pretty accurate at the last top. I guess we will see. FinaM

Obviously, I need to work on my link connection abilities. 

This time I checked the box that said to check to display link only and maybe it will go through. If some of you have an idea of what I am doing wrong let me know. FinaM

Many of those Bull Flags do VERY well.  I often try to nab them if I get in in time.  FinaM

If this does not work, just go to Stockcharts and set up a bar chart and use the ROC 12 as your overlay.  Then you will see the negative divergence that was evident yesterday.

http://stockcharts.com/c-sc/sc?s=$COMPQ&p=D&yr=0&mn=6&dy=0&i=p49261748700&a=140212487&r=762

This is my first time to post a chart. I hope it works.  I copied from Stockcharts.  For you longer term traders, if you look at the ROC (12) you can see negative divergence on the DAILY charts for $COMPQ, $RUT, and $SPX.  John Murphy also commented on this last night. FinaM 

Thanks Matt for getting back to me.  I often find out that when I start to make a LOT of money, it is time to watch out!  Just being cuatious now and am fine to hold some cash for a while and let things cool down. I'll just watch your nightly updates.

Does anyone know of an ULTRA silver UP ETF? FinaM

Matt:  Do you think this pullback will affect the daily charts? (it looks pretty sharp) I sold my QLD and the SOLAR's just to be safe and I made a TON of money on them and can buy back later after they take a nap. (I don't sound like such a long term traader anymore but there is nothing wrong with taking profits)   FinaM

As of 7:15 AM from IBD (this just gives you a relative idea of volume strength in some of hte Watchlist Stocks)

SOLF Vol +2283%, Price + 15% (Gapped up today) THANKS Matt, I have this one and MEA YGE, SOLF ) Love those SOLAR's right now.

BCE Vol +1678%, Price - 6%

ENT Vol +1378, Price +3%

AEZ Vol + 581%, Price +4%

DNN Vol + 495%, Price +2%

VIP Vol + 400%, Price + 3%

TSL Vol + 329%, Price +6%

MEA Vol + 299%, Price + 4%

YGE Vol + 259%, Price 3%

Matt:  I made 17% on SNDK then tightened up my stop loss to a 2% trailing stop and am QUITE happy to have been stopped out today.  Nothing wrong with getting ahead and taking profits after a good gain.  I will often do a 2% trailing stop after a 15% gain and it seems to work well on some of your watchlist stocks too.

I am not sure what is going on with YGE but it has some good potential if this sentate  passes on the SOLAR tax relief bill so I am hanging on to YGE and the daily RENKO is still on a buy signal. (helped me hang on over the last 2 days)  Earnings were good so I am not sure why it dropped other than it may just be taking a rest.   

I am also holding SOLF and CSIQ and both of these are up over 30% in the last week since I bought them.  I do feel that SOLAR's will continue to take off if this bill passes. I am not yet ready to do a trailing stop on these. (but will watch your wording above the YGE chart next time you post)

THANKS,  FinaM

Fatboy:  I found the best way to start is to copy some dynamic charts that you see on the blog and insert different ticker symbols.  Also watch the watchlist stocks in your own favorites list in Stockcharts.  You will learn a lot that way.

Notice that the shorter term charts change direction much more often than the longer term ones.  I perfer to use the longer term ones and mostly follow the daily RENKO charts.

Be patient and don't fight the trend (unless the trend changes but I have found that it is better to wait until it changes than to try to predict it) Most of us have lost money by tryging to predict a change.  Hope this helps.  FinaM

Matt:  THANKS, I have YGE and I believe that it is a LONG TERM play. (I was out all day yesterday so just now catching up on the posts)

Here is the Watchlist volume leaders from IBD (as of 8:45 AM today)

DSTI Vol +389%, Price +7%

YGE Vol + 278%, Price +10% (This stock had a STRONG breakout yesterday)

ENT Vol +266%, Price +4%

IVAN Vol +262%, Price +3%

SOLF Vol +214%, Price +7%

TSL Vol +154%, Price +7%

EVERYONE should take a look at the solars right now.  They are ENFUEGO!

I second this request.  Dynamic charts in a Stockcharts file that we have access to or posted in an area of your site, would be GREAT.  FinaM

PS:  How about those SOLARS today.  Another service I subscribe to is VERY LONG on many solar's.

the EARLY volume read on the top 3 this morning are:

PRST Volume +3,588%,  Price +7%

AA Vol + 449%,  Price + 1%

SOLF Vol + 443, Price + 6%

This is from IBD as of around 7:10 AM. FinaM

Is there an ULTRA silver ETF (UP)

Matt:  If you could post the Gold one to the ETF list on the blog, that would be nice.  Thanks,  FinaM

I bought my first position in CSIQ yesterday.  (I think that most SOLAR's should do well this year) Did not know about the earnings so will ad to it as it goes up.  Also looking at YGE when it gets above it's most recent high.  I have a buy point of $24.64.

Matt:  If you get time tonight, could you please take a look at the On Balance Volume for the Nasdaq?  Or the ROC or RSI.  It may be declining.  Do see any divergence in the weekly or daily charts?

It seems to me that whenever I start to make this much money, something often happens to upset my apple cart (or Nasdaq cart as I have  most of my IRA in Nasdaq - but I keep it there for a longer term trade and don't worry about a day or several days down)

So far both the daily and 60 Minute Renko NDX charts look good.  THANKS,  FinaM