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Tone
Tone Oct 02, 17 4:53 AM

Thanks Bob. @nunner67 I think I found this on Investopedia or similar 'The short ratio is a figure calculated by dividing short interest, or "days to cover" - that is, days required to close out all of the short positions - by the average daily volume in a stock. Many investors see a higher short ratio as a signal of an impending upward move, as short sellers may come in as buyers to cover their positions.'

darianb
darianb Oct 02, 17 7:13 PM

Hi Bob, hope you had a good day today. Question, when you are finding stocks on your watchlist, do you look at yearly charts first then intraday, or lookin intraday/weekly then see where it stands on a longer time frame? Thanks a ton.

Turbobob
1
Turbobob Oct 02, 17 8:37 PM

Generally, I look at the longer term chart first to see what the trend is and to see what kind of resistance there might be. Then I look at a shorter time frame.

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Turbobob
Turbobob Sep 17, 17 10:12 PM

I start by looking at long term charts with a daily time frame. I then narrow it down to the 5 minute chart. When i am trading in the day it is the 5 minute chart (unless it is extremely volatile then I use th e1 minute chart).

darianb
darianb Sep 18, 17 9:15 AM

oh no I meant when you look at your watchlist, are those the only stocks you look at, or do you scan for other setups mid day and such? Thank you.

Turbobob
Turbobob Sep 18, 17 9:23 AM

In the morning, 1 hour before market opens. I am looking at what else is strong with a potential to trade.

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ScotV
ScotV Oct 29, 17 7:49 AM

Hi Turbobob! Just found you here on profitly. Great videos! One question...What do you mean when you say "10 days to cover" because 10% of the float is short (9 million on 900k average volume)?

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