1st step towards new checking system

WAVE 4 BUY	VOL	CLOSE	TARGET
APA	2.9M	$68.72	$91.54

CCJ

CLF

COP

ECA

HCR

KBR

KTC

MUR

New Checking System
1. Write a scan to use a list of symbles to retrieve detail quote from Google finance including sector, industrials, related companies,company summary. For example:
http://finance.google.com/finance?q=apa

2. Also draw a one year diagram using yahoo finance.

3. Filter out small volume stocks

4. Compare DOW individual index for each sector, ignor decline sector stocks ( For Wave 4 Buy)
(Data is available from MarketWatch.com)

5. Select target date within two months stock and analyse best Risk/Reward Ratio of the option/Spreads.

6.Be clear about how much option move for $1 stock movement. Determine releastic entry stock price/Option price and exit stock price/Option price.

7. back test it using Vitual trading for 20 stocks to proof the system is effective and efficient.

8. Move the system to real market.