txtrapper
548 posts
msg #31757
- Ignore txtrapper |
4/15/2004 1:48:49 PM
Result of my BB Squeeze Picks today @ 1:42PM Central Time before the close;
GUSH.OB 0.96 12:59PM ET +0.13 (15.66%)
CDCOR.OB 0.45 1:10PM ET 0.00 (0.00%)
SPAL.OB 0.38 1:19PM ET +0.05 (15.15%)
INLD 4.81 1:18PM ET +0.61 (14.52%)
ATGN 3.79 11:36AM ET +0.10 (2.71%)
AASR.OB 0.37 12:51PM ET +0.02 (5.71%)
SOYL.OB 0.42 Apr 14 0.00 (0.00%)
NEON 3.38 11:41AM ET +0.01 (0.29%)
HRSH 1.78 10:26AM ET +0.02 (1.14%)
UPST.OB 5.25 12:17PM ET +0.25 (5.00%)
HGAT.OB 0.68 Apr 14 0.00 (0.00%)
TxTrapper
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papagatorga
124 posts
msg #31774
- Ignore papagatorga |
4/16/2004 7:33:20 PM
To TxTrapper - refer your RSI(14) I went back and looked at the stocks you indicated with RSI(14). Nothing I could see signaled that there would be such a tremendous move. On MSGI, RSI(14) appears to be just a hair above 50 and flatline, the night before, giving no indication of what to come. Am I missing something? Maybe you are daytrading and somehow used the RSI(14) to enter the trade on the runup
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txtrapper
548 posts
msg #31777
- Ignore txtrapper |
4/17/2004 11:28:49 AM
papagatorga;
I use RSI(2)<2 and RSI(2)>90 for day trading. I have no use for RSI(2)>10 or <90, all I was saying is that RSI(14)is more accurate and smoothed for midrange buy/sell decisions, The Relative Strength Indicator (RSI) was developed by J. Welles Wilder in 1978. This indicator is one of a family of indicators called oscillators because it varies (oscillates) between fixed upper and lower bounds. This particular indicator is supposed to track price momentum.
Wilder's relative strength indicator is based on the observation that a stock which is advancing will tend to close nearer to the high of the day than the low. The reverse is true for declining stocks. Another aspect of this indicator that is commonly varied is the period over which the indicator is calculated. Wilder began with 14 periods. The Relative Strength Indicator is in effect a measure of short term Momentum, showing whether the price line is speeding up or slowing down. It is a percentage calculated by comparing the average of the falls with the average of the rises within the selected period. When the RSI is below 25% the item is oversold. If the RSI is above 75%, it is overbought.
I never predict tremendous moves. I am a stock picker and provide a service to my membership community at http://finance.groups.yahoo.com/group/bottomlinestocks/ analyzing stocks using T/A that I beleive have a good chance of increasing in the next 1-3 days due to various factors. We advocate waiting for a "green hold" for 5-15 minutes before entry for any picks we post. Hope this clarifies my mention of RSI(14).
TxTrapper
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muddytraks
40 posts
msg #31783
- Ignore muddytraks |
4/17/2004 11:38:17 PM
im new here does muddy method really work?
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txtrapper
548 posts
msg #31788
- Ignore txtrapper |
4/18/2004 10:16:38 AM
papagatorga;
Your email address is "hard bouncing" at http://finance.groups.yahoo.com/group/bottomlinestocks/
"Why does the My Groups page say my account is "bouncing"?brand=yahoo&
If group messages sent to your email address are returned to Yahoo! Groups as undeliverable ("bouncing"), your Yahoo! Groups account may be temporarily disabled.
Messages can be returned for several reasons:
Your mailbox may be full -- try deleting messages from your Inbox.
Your ISP may have a backlog of email to process -- contact your ISP.
Your ISP may be blocking email from Yahoo! Groups -- contact your ISP.
In many cases, Yahoo! Groups can automatically reactivate your account once the delivery problem is solved. However, in some cases you will need to manually reactivate your account:"
I have tried to contact you several times with the email address
you furnished us when you registered at the forum to no avail. Your membership has been terminated due to "hard boucing" status, so you will have to re-register with a valid email address to access the site.
TxTrapper
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txtrapper
548 posts
msg #31806
- Ignore txtrapper |
4/20/2004 7:17:45 AM
Members;
Stocks to watch Tuesday..Apr 20, 2004;
Wait for a 5-15 minute "green hold" before entry.
MCLD..BPUR..
TxTrapper
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txtrapper
548 posts
msg #31814
- Ignore txtrapper |
4/21/2004 7:56:31 AM
Members; Mika's Squeeze Filter
Thanks Mika,
TxTrapper
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dangreene
229 posts
msg #31815
- Ignore dangreene |
4/21/2004 8:29:09 AM
tstrapper,
I have tried several searches and am unable to locate mika's original post pertaining to this squeeze filter.
Will you furnish the date and thread where this was first posted.
Thanks
dan greene
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txtrapper
548 posts
msg #31826
- Ignore txtrapper |
4/21/2004 7:46:37 PM
Members;
Gauging breakout volume at anytime during the trading day
Once a stock is coming close to or enters its buy point range, you need to know if its volume is at the 50% breakout level. A quick way to do that is to use the stock's Breakout Hourly Volume.
How do I get the Breakout Hourly Volume?
Simple...Take the stock's Average Daily Volume and multiply by 1.5 and then divide by 6.5. That's it!
(Why 1.5 and 6.5? Multiplying by 1.5 gets you its 50% breakout volume level and 6.5 is the number of hours in the trading day)
How do I use it?
1st ---> Let's say a stock's breakout hourly volume is 50,000. If a stock entered
its buy point range at...
10:30am = 1 hour into the trading day = 1 x 50,000 = 50,000
or
11:30am = 2 hours into the trading day = 2 x 50,000 = 100,000
or
12:30am = 3 hours into the trading day= 3 x 50,000 = 150,000
etc
2nd ---> Take the number you calculated and look at the stock's volume at that moment, if it
is that number or higher then you know that it is at the 50% breakout volume level.
TxTrapper
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dangreene
229 posts
msg #31833
- Ignore dangreene |
4/22/2004 7:36:26 AM
Anyone interested in breakout hourly volume should check this out.
http://www.greatstockpicks.net/pastperf.htm
dan greene
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