StockFetcher Forums · Filter Exchange · people wanted to know how i sell tops and buy bottoms-with laser accuracy<< 1 2 3 >>Post Follow-up
mystiq
650 posts
msg #89196
- Ignore mystiq		 3/6/2010 2:18:00 AM

raviram80---> SEE BELOW

M4M, thanks for sharing.
MARY4MONEY
1/8/2010 8:49:29 AM

what you do is watch the daily rsi(2)

most of these will get >90 fast

most to >98-99%--

this is where the linear regression lines on thinkorswim.com are so important on the regular and profit charts on there-

you just set up rsi-2 macd 2 3 1 with a 100 period linear regression—

most strong stocks will peak out at >99% hit the top lr at the same time-

this is why the macd is so important-

as you near a top it will start showing a neg divergence on the daily 2 and 1 hour graphs-

reverse on bottoms—

you also want to check the buying and selling pressure by using advfn.com total buy and sell volume-

on a stocks move up it will stay to the buy side volume being higher than the sell side total volume—

lets look at stec s big move—

you have to read all you macd and rsi-2 readings live as they are happening—

stec ran down from 14-11$ flat lining the daily rsi-2 to about 0 on 12-13-09-

the weekly was about the same—

your buy signal was when on 12-14-09 about mid day it reversed up on the daily rsi-2 and gave a very strong pos divergence on the 30-60-120 minute and daily at about 11.80$-

so this is where i bought the 13-18 jan calls-you saw on here—

also at the bottom we had a positive buying reversal the daily 1 and 2 hour macd 2 3 1-also have a very strong pos divergence-

the daily crossed above the 0 line at about 11.90$- at the top at 17$ where the daily rsi-2 was at 99.98%(talk about a strong stock) it started showing a big negative divegence on the 1 and 2 hours macd and rsi-2-

the sell signal- so here i sold 80% of my options and let the rest ride on 12-29-09---

then i waited for the next 1-2 hour bottom reversal—

this happened on 12-31-09—

went to a low of 15.80 reversed up got my rsi and macd pos divergence at about 16.10—

here i bought the 18-22 jan calls—

the next 2 trading days it ran up to 20 hitting the top lr line—

and gave a negative divergwence at 19.75-

where i sold all my calls-now today on 1-7-09 it went to a low of 17.80 and the 1-2 hour macd and rsi gave a buy near the close at 17.90-

so i bought the 20-21 jan calls-this is all you do to find both tops and bottoms with laser accuracy-

plus you look at the buy and sell volume to at bottoms for it to reverse-

when you are nearing a top or bottom using this system-

you neeed to staetr tracking the difference between the 2 and write it on a piece of paper to refer to—

on today the selling spread tigtened up on stec-same this in reverse at tops-boy i wish we just had an indicator on advfn.com to track this-

they do have 2 but they arent very accurate-

we need to track the spread or difference in the pos and neg volume-

im trying to get them to do that-hopefully i will suceed-this may be very confusing to some-

just set up thinkorswim charts and study the above info


StockFetcher Forums · Filter Exchange · people wanted to know how i sell tops and buy bottoms-with laser accuracy<< 1 2 3 >>Post Follow-up

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