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$ 30 - monthly
$165 - six months
$300 - year
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
Visit our
Education Center
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