TheRumpledOne 6,411 posts msg #49004 - Ignore TheRumpledOne modified |
1/6/2007 8:43:15 PM
Hey Bloo... search for "wait for green" and you'll find the writeups.
I wrote/modified a RadarScreen version of the squeeze indicator and those guys used my code. Funny thing is I mislabled the #SQZ column and they even used my mistake!!
Also, all my indicators for TradeStation and eSignal can be found for FREE on www.kreslik.com. Why pay?
|
TheRumpledOne 6,411 posts msg #49005 - Ignore TheRumpledOne modified |
1/6/2007 8:50:04 PM
Rugusucker:
Add your own price/volume/market criteria.
Check out the list this weekend. You'll see sound good companies that have been beaten down.
Just "WAIT FOR GREEN".
|
wallman 299 posts msg #49007 - Ignore wallman |
1/6/2007 9:53:30 PM
TRO said:
Hey Muddy:
You know RSI(2) < 1 works.
TRO,YOU KNOW I KNOW.
Ironically there was a post yesterday concerning detective work on an online video stock.
This same post had been discussed in Nov.
At that time I had found the stock in question was GOFH.
Now checkout what I said about it at the time:
wallman
11/28/2006 9:03:18 PM
LOOKS LIKE ITS GOOOOOOOOOOOOOOOOOOOOOOOOFISH
AWESOME CHART,OPENED AT $3,HIT 4.75 DAY LATER,TRADED AT 4 ON 11/20 .....
NOW LOOKS LIKE THE FISH IS IN THE TANK
GET OUT THOSE RODS AND REELS GUYS,YOU CAN HAVE THE FISH FOR ONLY $2.50 !
GOFH
From that $2.50 it opened GREEN the next day at 2.56 and in the next 4 days it ran to a high of 4.54 with a 3 day stairstep volume increase ending with almost a million shares traded on this previously thinly traded stock.A 78% 4 day run.
And you know why i was pretty certain it was "in the tank" and near a bottom ( DEAD bottom in this case).
Look at the RSI(2)on 11/28
0.529
So yes TRO, I do know it works.
Thanks again to you and HG.
And regarding paying for filters,new folks here please listen up.
IMO,You won't find better pay stuff anywhere then you get here for FREE from the likes of TRO,HG,RIGGS and others.
Muddy
|
the rugusucker 7 posts msg #49025 - Ignore the rugusucker |
1/7/2007 1:11:25 PM
TRO, Muddy:
Have you found any difference in the success rate between Muddy Combined - RSI(2) < 1 and just the RSI(2) by itself? It seems both filters return many of the same stocks. I may have just answered my own question :)
I'm going to concentrate on working the Muddy method since there's volumes of support info available to help a newbie like myself. Do these two filters tend to not work as well in down markets? My guess is that's true since it's a setup for going long.
Thanks guys for sharing.
|
the rugusucker 7 posts msg #49086 - Ignore the rugusucker |
1/9/2007 11:12:28 AM
bloo,
Hope you have a stop loss on your trade. Oil roulette is just too dang volitile right now.
|
bloosteak 35 posts msg #49195 - Ignore bloosteak |
1/12/2007 3:16:09 PM
HAWK is natural gas. and look at the chart again today, up 3.62%. There was a lot of after hours accumulation going on, with the price always ending up EXACTLY at the same as the close price.
|