EWZuber 1,373 posts msg #29601 - Ignore EWZuber |
11/1/2003 1:20:08 PM
Thanks for the TA site. Looks good.
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gmat43 1 posts msg #29834 - Ignore gmat43 |
11/13/2003 1:54:56 AM
To TheRumpledOne:
Fairly new to the site but have reviewed the past several months of back-and-forth "communications." I appreciate that you (unlike some others) are posting real stocks and real trades which can then be reviewed for performance. Is there an overall summary of the rs(2) strategy somewhere? I can follow your rs(2) bottoms and divergences most times, but not sure what buy "when green holds" means -- am interested in learning in detail about how the strategy works. Can you point me in the right direction? Thanks.
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TheRumpledOne 6,411 posts msg #29838 - Ignore TheRumpledOne |
11/13/2003 11:01:56 AM
http://groups.yahoo.com/group/StockFetcher/
This is where you can find what you seek.
MAY ALL YOUR FILLS BE COMPLETE.
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mika 131 posts msg #29846 - Ignore mika |
11/13/2003 2:41:22 PM
Yes indeed!
Avery, thanks for bringing it to our attention. If there are any other sites you care to post about and bring to our attention, please do.
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TheRumpledOne 6,411 posts msg #29850 - Ignore TheRumpledOne |
11/13/2003 8:53:10 PM
http://www.optionetics.com/articles/article_full.asp?idNo=8558
Master money management and you will make money.
Spend twice as much time reading the article than you do tweaking filters.
READ IT EVERYDAY.
MAY ALL YOUR FILLS BE COMPLETE.
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mika 131 posts msg #29857 - Ignore mika |
11/14/2003 2:04:35 AM
Avery,
I haven't slept in over 24 hrs. Been reading almost non-stop the stuff on em sites. I feel like a kid in a candy store. Thanks again.
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EWZuber 1,373 posts msg #29867 - Ignore EWZuber |
11/14/2003 1:07:54 PM
Avery, ran your RSI(2) filter this morning and found an interesting one, MEM.
This company has been losing money for at least 5 years and just recently turned their first 2 quarters of profit.
Ths stock is forming a Bullish Wedge pattern now. These are the kinds of turn around plays that if caught in the beginning stages can earn triple digit ( or more ) gains.
Monthly chart stochastics showing the bullish oscillation in the overbought range, Weekly and Daily chart stochastics show a fast line cross above the slow line. Looks like it could be a long term gainer. Stock had a short term trendline break this morning but found the stock too late. It's slighty overbought on Hourly charts now, watching it closely.
Found another one while running one of my oversold screens. POSO, also forming a Bullish Wedge pattern. This one lost money and had increasing losses for at least 8 quarters and recently has posted two quarters of earnings.
POSO looks like it could be a long term gainer. Weekly and Monthly chart stochastics are showing a fast line cross above the slow line. Looks like they are taking out the stops right now and it is oversold on Hourly chart.
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TheRumpledOne 6,411 posts msg #29868 - Ignore TheRumpledOne |
11/14/2003 2:35:36 PM
Mika, market red, go to bed...LOL! Just kidding..hehehe
EWZuber... glad you see the merit in RSI(2)! MEM and POSO look like traders.
MAY ALL YOUR FILLS BE COMPLETE.
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mika 131 posts msg #29871 - Ignore mika |
11/14/2003 3:38:08 PM
A,
I just woke up not too long actually. I see I didn't miss much. ;)
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EWZuber 1,373 posts msg #29873 - Ignore EWZuber |
11/14/2003 4:01:01 PM
therumpledone, Some of the best entries are on down days. Thats when supporting trendlines and moving averages are tested as support and offer an entry.
Bids on POSO got huge at $0.48.
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