I have been watching and fooling around with Americanbulls.com for over a year now and have found it to be quite solid as a trading method. The system is inherently much better with some stocks than with others. For instance, it is almost worthless with NYSE stocks, but with many Nasdaq stocks it works much better. I suspect that this is because NYSE stocks are heavily influenced by specialists, while NDAQ stocks are not.
Never the less, the tags associated with this blog ( BCON CCOI HITT OMNI RSYS TRLG) are several that I have found that are quite accurate to trade by. Most of the trading I have done here on bullpoo.com has been by using their signals.
Their system is inherently flawed if you look at how much they have "made" by trading a specific stock for at least 2 reasons. One - some of the stocks trade so thin that you would likely not be able to get a meaningful number of shares at a reasonable price.
Two - the price at which they claim to have bought a stock is sometimes not possible. They state that when a signal has been tripped to buy, sometimes they use the closing price from the previous day as the price they bought the stock at, even though they could not have bought it at that price, since they did not "confirm" the buy until the next day, when the stock opened higher and never went under the previous close.
In any case, despite the flaws, the website seems to have worked quite well for me and that is what I am using (primarily anyhow) bullpoo.com for - to test it out...
Anyone else have thoughts?