Kevin_in_GA
4,599 posts
msg #80012
- Ignore Kevin_in_GA
modified |
9/24/2009 6:13:42 PM
Nice Doji formed with CRGN today.
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ronun
27 posts
msg #80027
- Ignore ronun |
9/24/2009 7:23:08 PM
Kevin,
I've been following your Bollinger(16,2.5) filter as it is similar to the system I follow, i.e., seeks to identify extreme price moves. Let me offer some ideas on how I use trading entry and exits.
1st, when my filter identifies a stock, I wait for Slow Stochastic(7,3) %K to go below 25 before it crosses above the %D (trigger line). So far this hasn't helped my entry on STEC (bought in Sept. 22 at $31) but this provides a logical stop loss below the recent low. I think of it as a form of insurance. We'll see how this plays out tomorrow.
2nd, I try to line up with the fundamentals by checking out a couple of sites:
http://www.nasdaq.com/earnings/analyst_summary.asp?symbol=STEC&symbol=GLW&selected=STEC
http://moneycentral.msn.com/investor/StockRating/srsmain.asp?symbol=stec
I appreciate your sharing your work. Also your taking the time to pass along the IBD top stocks list.
ronun
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a24ali
15 posts
msg #80028
- Ignore a24ali |
9/24/2009 7:28:08 PM
Here are the Effective volume charts for OFG
http://i33.tinypic.com/212uauw.gif
http://i33.tinypic.com/212uauw.jpg
ICON
http://i37.tinypic.com/2mnf72t.gif
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ronun
27 posts
msg #80029
- Ignore ronun |
9/24/2009 7:38:05 PM
kmcninvest
I agree with your stopped clock description of Cramer but but I watch him for entertainment value (he's almost as funny as Seinfeld). Sometimes he comes up with a good idea which I check out before plutting any money on it. My wife can't stand him so it's a good thing we have 2 TV's. It was interesting to google his recommendations record.
ronun
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gabestogie
79 posts
msg #80040
- Ignore gabestogie
modified |
9/24/2009 10:02:28 PM
Kevin: For what it's worth.
Last trade of the day
BJRI--3,341 ?
BGS--3,200 DOWN
STEC--25,893 UP
CRGN--100 UP
ICON--25,841 ?
ALLI--6939 ?
OFG--2,700 DOWN
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gabestogie
79 posts
msg #80041
- Ignore gabestogie |
9/24/2009 10:24:49 PM
a24ali:
Thanks for those charts, I trade with TDameritrade and I have acess to Thinkorswim. I'm going to find out if the Effective Volume is available thru them. They sure tell the story the why I read them. Your participation I'm sure is appreciated by many. Looking at ICON on a regular chart one would not suspect what was happening quietly while the fat cats were unloading.
Trade safe,
Gabe
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Kevin_in_GA
4,599 posts
msg #80069
- Ignore Kevin_in_GA |
9/25/2009 10:34:09 AM
RIMM popped up on an early screen today.
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a24ali
15 posts
msg #80095
- Ignore a24ali |
9/25/2009 3:46:15 PM
RIMM Effective volume was intersting one. It showed large sell off in the last two days which could have predicted the major drop today.
http://i34.tinypic.com/30c4rpt.gif
The active boundary of the RIMM
http://i36.tinypic.com/rjfdsg.gif
and this is the 20 Days moving average of effecive volume
http://i35.tinypic.com/x3u7ar.gif
I guess this method would have been more useful two days ago. RIMM 70 Oct puts went up by 400% today from yesterday.
----
Gabe, I am trying to get Pacal's original excel add on that calculates the effective volume. Once i get it, i will share it. Now i am using Pascals website but problem with that, only some stocks are displayed.
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gabestogie
79 posts
msg #80096
- Ignore gabestogie |
9/25/2009 3:58:44 PM
a24ali:
Thanks a million. Sooner or latr we will figure this stuff out. It's been usually buy high and sell low and then watch the stock climb to new highs,LOL
Regards,
Gabe
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Kevin_in_GA
4,599 posts
msg #80097
- Ignore Kevin_in_GA
modified |
9/25/2009 4:07:16 PM
a24ali: We are all appreciative of your input here. If you get the Excel add-on, you may be restricted in sharing it with others.
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