txtrapper
548 posts
msg #26994
- Ignore txtrapper |
6/22/2003 6:00:00 PM
This came from a reliable "pay" stock picking site that I subscribe to. If someone could provide a couple of filters for the below parameters it would be appreciated. thanks, txtrapper (new member)
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"A good trading strategy is to buy the stock if it is in an up trend and if
the price bounces back up after it touches or lightly penetrates the 50-day moving average.
The corresponding opposite trading strategy is to "short" the stock if it is
in a down trend and if the prices drops back down after it touches or lightly penetrates the 50-day moving average".
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ig0r
51 posts
msg #27002
- Ignore ig0r |
6/22/2003 7:08:16 PM
Use something like this
and then watch them and if they bounce off the ma(50), that's what you're looking for
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txtrapper
548 posts
msg #27007
- Ignore txtrapper |
6/22/2003 8:37:32 PM
Thanks ig0r, your filter does seem to have merit, check it out with this [AND DATE OFFSET IS 21]. tx
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