as214
184 posts
msg #43917
- Ignore as214 |
5/19/2006 10:32:37 PM
=GOLD MINE
Ok I'm not even going to tell you how much I made on NXG today because I'll be accused of being Riggs, or Ill be accused of being full of it. What Id like you to do is look at the 10day/60Min chart on prophet. Look what happened at approx 1030 in the morning with RSI2 bottom AND DMA 28,-14 well above equity price. These two indicators when they align at the same time is like nothing Ive ever seen before.
_"You can't hustle a hustler"----P Diddy
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WALLSTREETGENIUS
983 posts
msg #43919
- Ignore WALLSTREETGENIUS
modified |
5/19/2006 11:38:39 PM
"Ok I'm not even going to tell you how much I made on NXG today because I'll be accused of being Riggs, or Ill be accused of being full of it."
_____________________
as214 -
Don't worry about those "clowns." Everyone in this forum knows my ego is too big to even THINK I'd wanna be anyone but "ME"! Dude, everyone in my office has a SF account, and they've been BEGGING me to come to my aid, and join this forum! But I won't have it! My buddy's have been wanting to slug Dorkboy44 for 6-months! But I told them...."he's mine!" And if they did...I'd know, and their gravy train will be over! I like it just the way things are...and so should you dude! When you come in here...don't ware your heart on your sleeve and flex up!
Post your filters and spit on anyone who spits on you! And if they STILL bother you...ask "tomb" or "Steve" to post our ISP addresses to prove we aren't related. Otherwise....don't worry about the 5-little "clowns!" They're nothing compared to the number of members here! BTW, nice move on (NXG)!
- RIGGS -
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WALLSTREETGENIUS
983 posts
msg #43920
- Ignore WALLSTREETGENIUS |
5/19/2006 11:42:19 PM
Oh....and one other thing.....Paul Newman said "You can't hustle a hustler" long before "P-Sh*tty" ever did! LOL.....
- RIGGS -
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as214
184 posts
msg #43921
- Ignore as214 |
5/20/2006 12:04:19 AM
LOL.. That's true but Diddy got mo money than Paul Newman..
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WALLSTREETGENIUS
983 posts
msg #43922
- Ignore WALLSTREETGENIUS
modified |
5/20/2006 2:37:28 AM
"LOL.. That's true but Diddy got mo money than Paul Newman.."
_____________________
Are you kidding me???? P-Sh*tty's been a Millionaire for what?....MAYBE 7-years? Paul Newman has been one for about 30! And he's sold more Spegghetti sause & Salad dressing than P-Sh*tty has CD'S! Prolly about 20-1.
Anyway....back to your filter. Before I add a few stocks to your list....I suggest you pick stocks that move in price and leave those "penny" stocks alone. But that's just me.....
RIO
CHAP
CBE
FLR
HP
JEC
Look at the slope of the DMA on these. When price starts to rise....you want DMA to rise or stay horizontol. NOT slanting down to meet price. When you see DMA slanting downward, that means a "stall" is eminent. You want price shooting through DMA while it's again horizontol or rising. Then when you see a "top"....short the hell out of it and start the proccess all over again.
Another thing...use Linear Regression Indicator(20)on your DMA charts. When LRI(20)falls and touches price, that's your entry! Look at it on your 60-minute charts...you'll see what I mean. Take a look at GPI, HAL, HANS, BIDU, BHI, CRS, CBG, CME, on your 10-day 60-min.today 5/19/06. The list goes on and on. Don't even worry about using RSI(2)man! Just find stocks that move and wait for that set up and "load the boat!" By waiting for RSI(2), you're ALWAYS losing out on top performing stocks. How often do see GOOD stocks with an RSI(2)below 1 anyway? Maybe once every six months!
Here's a great example of what I'm talking about:
Look at GPI today 5/19/06. Look what happened in the first session. It was an "inverted hammer" with DMA well above. Then the second session was a "bullish Belt-hold" with LRI(20)touching the high! So what happened? Another "Belt hold" flew through DMA. Notice DMA staying horizontol all the way through the 7th session? Why? It's because it has now formed a possible "Bullish Mat-hold." Now notice the LRI(20)new slope? And even with the day ending with those "three crows," Williams %R(7) is still above -50, and CCI(7)still above "0". Bottom line....HIGH PRICES in the future if the market is strong tomorrow. Also, check out VLO. Same situation! Remember...RSI(2) is great, but they are beaten down stocks! Why would you put your $money$ in a stock like that?????
And BTW, when I say LRI(20)....I'm actually looking at "Time Series Forecast(20)at prophet.net
I'm using LRI(20)in my illustration b/c it's the closest indicator to TSF(20)here at SF.
Probably could use some tweaking, but here's a good start. But that INTRADAY setup is unbeatable when the market is moving!
- RIGGS -
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rtucker
318 posts
msg #43924
- Ignore rtucker |
5/20/2006 2:43:25 AM
Common' as214. Stand up to Riggs. Dont let him lecture you like that. Dont be his whipping boy. Dont be his lackey. Remember that you are a master of the universe, a regular tycoon.
Why dont you just start repeating this mantra "Thats true Riggs, You're absolutely right" Kiss.. Kiss...
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as214
184 posts
msg #43925
- Ignore as214 |
5/20/2006 2:44:40 AM
Brilliant.. Thanks Riggs.. You should be trading for Stevie Cohens firm with your knowledge. His WORST guy I heard makes more than 1.5 mill per.. I could only imagine what the best makes.
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rtucker
318 posts
msg #43926
- Ignore rtucker |
5/20/2006 2:50:31 AM
Can you believe this cross post! I must by psychic.
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as214
184 posts
msg #43930
- Ignore as214 |
5/20/2006 3:22:36 AM
Riggs I like the Times sales (20) tool but I just did some backtesting on my trades from this past month where I used RSI2 and had I used ts 20 instead I would have left about 29 grand on the table for a later entry..Is there something Im missing?
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WALLSTREETGENIUS
983 posts
msg #43931
- Ignore WALLSTREETGENIUS |
5/20/2006 3:25:19 AM
as214 -
Also, take a look at APC intraday's chart! Another "Bullish Mat-Hold!" with a rising TSF(20)!
DMA IS THE ONLY WAY!!!!
- RIGGS -
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