johnpaulca
12,036 posts
msg #61694
- Ignore johnpaulca
modified |
4/22/2008 1:12:31 PM
CSharpY:
BOOYA is simply price movement through a forty day bollinger band at a 0.4 standard deviation. I look for price consolidation at the 100ema and on the subsequent breakout it will move through the Bands. I will enter when it opens above the lower band and sell when it closes above the upper band. This is only one strategy that I employ. Take a look at LH.
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ctrout
122 posts
msg #61695
- Ignore ctrout |
4/22/2008 1:24:03 PM
Wish I woulda kept my $RUT puts. Looks like it want to close 2 gaps today.
Raised stops on DSX. to 29.10, which is low of the day. Not acting strong.
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johnpaulca
12,036 posts
msg #61699
- Ignore johnpaulca |
4/22/2008 1:38:37 PM
ctrout: DSX along with drys and exm had a nice move and are a little overbought. You may see it back around $28...you gotta be patient with these shippers they are a very volatile bunch.
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ctrout
122 posts
msg #61700
- Ignore ctrout |
4/22/2008 1:59:31 PM
JP, Good point. What's your price objective on DRYS?
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johnpaulca
12,036 posts
msg #61704
- Ignore johnpaulca |
4/22/2008 3:14:18 PM
ctrout: I don't have a price target, I will see how the market behaves. Back in October it traded around $130. EXM has a low float and can easily be manipulated.
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ham1198
174 posts
msg #61705
- Ignore ham1198 |
4/22/2008 3:15:42 PM
....back in ofg @ 19.00$. entered sell order @ 20.25$. hope this mirrors prior 2 trades over past 2 weeks.
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chetron
2,817 posts
msg #61712
- Ignore chetron
modified |
4/22/2008 10:27:55 PM
DOWN AND VERY DIRTY...
HEAVY JP INFLUENCE...
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johnpaulca
12,036 posts
msg #61713
- Ignore johnpaulca |
4/22/2008 10:38:16 PM
chetron: nice filter, looks a wee familiar...make the lower bollinger band(40,0.4) above ema(100) so you have stocks in an uptrend.
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chetron
2,817 posts
msg #61717
- Ignore chetron
modified |
4/23/2008 6:36:39 AM
WITH MORE JP THOUGHTS....
THANX JP, YOU'RE RIGHT
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ham1198
174 posts
msg #61720
- Ignore ham1198 |
4/23/2008 9:28:28 AM
....if i'm not mistaken, try adding this in a filter to catch stocks in an uptrend. you can thank wsg, that's who i borrowed from:
And 60-day slope of close is above 0
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