Eman93 4,750 posts msg #73120 - Ignore Eman93 |
3/28/2009 2:44:45 PM
DRYS 5.88
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maxreturn 745 posts msg #73122 - Ignore maxreturn |
3/28/2009 6:23:20 PM
LOL. Here's a NOVEL CONCEPT. Why don't you guys find a stock that's already uptrending, wait for a low volume pullback...THEN BUY?
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Eman93 4,750 posts msg #73123 - Ignore Eman93 |
3/28/2009 7:07:02 PM
Max
How do you scan for them?
pull backs to the 10 SMA ?
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13th_floor 724 posts msg #73124 - Ignore 13th_floor |
3/28/2009 7:40:01 PM
yeah lower relative (to the run-up) volume...pullback into the EMA10/SMA30 zone..like on DRYS 12/23 at 9.60..you get the run to almost 17...bunches of stocks do this,so many ways,so little time...radar the ones at the upper bollinger band,you'll see
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Eman93 4,750 posts msg #73126 - Ignore Eman93 |
3/28/2009 8:53:22 PM
Thanks 13th
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maxreturn 745 posts msg #73134 - Ignore maxreturn |
3/29/2009 5:46:56 PM
Eman93. That is good advice from 13th. I too like the bollinger bands to tell me how strong a stock is if I'm looking to buy. I like to look for stocks where price is consistently tagging the upper bollinger band. I then wait for a low volume pullback. But here's where I do things a little differently and I've had good success with it. I like to simply wait for at least a 7 day low before buying and the price should be closer to the 20 period SMA than the upper bollinger band when this low happens.
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johnpaulca 12,036 posts msg #73137 - Ignore johnpaulca |
3/29/2009 9:01:27 PM
MAX: you would then miss moves like WFMI, or do you have another method to catch these types moves?
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Eman93 4,750 posts msg #73159 - Ignore Eman93 |
3/30/2009 10:20:23 PM
Thanks MAX
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Eman93 4,750 posts msg #73161 - Ignore Eman93 modified |
3/30/2009 11:49:24 PM
Like GRS , STAR and SVR?
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johnpaulca 12,036 posts msg #73177 - Ignore johnpaulca |
3/31/2009 11:32:41 AM
If history repeats then DRYS should pop tomorrow...I have some to sell tomorrow.
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