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The Basic Package gives you:

1. Daily, weekly, and monthly Float Charts for over 7000 stocks
2. Daily list of stocks whose price is piercing the top float channel line (potential bottom or resistance formations). 
3. Daily scan list of stocks whose price is piercing the bottom float channel line (potential support or top formations).
4. Sixty day historical spreadsheet of all breakout and breakdown lists.
5. Stock lists ranked by the size of their float turnover. (1 to 10 day turnovers, 11 to 20 day float turnovers, 21 to 30 day float turnovers, etc.).
6. The Bull/Bear Float Rank Chart for the broad market (a timing indicator used to determine trading cycle tops and bottoms in the major indexes...Dow 30, S&P 500, and Nasdaq Composite)

The Basic Package is all about Float Turnover Breakouts and Float Turnover Breakdowns.

Almost everything in Float Charts is counter-intuitive or counter-to-commonsense.  This is a very important idea because common sense would say "Buy the Breakout" and "Sell the Breakdown."  This is wrong and very dangerous to your financial health.  If you try this and don't know what you're doing, you will lose money.

There are four ways to use the Silver Package to make money on the long side of the market:

1) Buy when the price finds Support at the Lower Float Line also known as Overhead Support (see example) - Look at the Break-DOWN list every day and look for the stocks that are bouncing higher off the lower float channel line.  It's especially powerful if the stock gaps higher within the first few days after finding support at the lower line.  Many of the biggest moves start with a deceptive sell-off down to the lower float channel line. This is one of the best places to find excellent entry points with the best risk to reward money management. The theory here is that stocks that have gone sideways or lower long enough to come down and just 'kiss' their lower float channel line are in a distribution/re-accumulation phase. This is where investors who bought lower are selling to those at the new higher level. If the new ownership above the 'kiss' are holding their shares tightly then the price often moves higher very quickly by gapping higher. See other examples at our Archives

2) Buy the Breakout after a Float Turnover in a Correction (also known as Distribution / Re-Accumulation - see example) After a stock has made a good run to the upside, it will often go sideways for one or more float turnovers. The theory to explain the sideways action is that those who bought at lower prices sell to take profits. The selling causes the stock's price to go sideways which is a called distribution. Once the ownership has changed and demand continues to be strong there are fewer and fewer shares available and this causes the prices to go higher. Many times the sideways corrective action corresponds exactly with the stock's float turnover. There are several types of sideways formations. Some see the top float channel drop a little like the one below. See examples at our Archives

3) Buy after a Breakout when it finds Support at the 50% Float Channel Line (see example) (known as an ABC LONG Float Set-Ups; our Gold Package scans for these every day)
Once a stock's price moves above the float turnover at the bottom, it will at some point come under selling pressure and move lower. It might find support at any of its float channel levels. One very come place to find support is the 50% float channel line as is seen in the example below. See examples at our Archives

4) Buy a Simple Breakout (see example) This is the most dangerous and difficult way to make money with our Silver Package.  The reason is simply that a Simple Breakouts usually leads right smack into resistance at the descending top float channel line and instead of the price heading higher it heads lower.  This top float channel line is first and foremost a line of resistance and hitting it often lead to lower prices.  The best way to play simple is to find stocks that have gone through a capitulation bottom or are coming off the bottom on very big volume.  These indicate that the stock is in fact at a bottom.  An example of a Big Volume Breakout is at the bottom of this page.  See examples at our Archives

 

To Learn More About All Aspects of Float Charts
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