mesayah
658 posts
msg #85273
- Ignore mesayah
modified |
12/30/2009 10:47:10 PM
Whenever you can and if you're inclined. I have a whopper.
get ready.
ACAD IS A GOOD EXAMPLE
OCT 14 WAS DOUBLE THE VOLUME OF OCT 13
PRICE WAS UP OCT 14
PRICE NEVER HAS BEEN ABOVE CLOSE ON OCT 14 SINCE.
POINT IS PRICE COMES BACK TO UP VOLUME & PRICE DAY EVENTUALLY
SO 1.89 WAS CLOSE NEXT DAYS HIGH WAS 1.87 NEVER EXCEEDED 1.89 AND HAS BEEN GOING DOWN.
SO BASICALLY A SCREEN WHERE PRICE IS UP ANY % AND VOLUME IS DOUBLE AND NEVER EXCEEDED, PRIOR DAYS CLOSE. CAN BE THE SAME AS PRIOR DAYS CLOSE BUT NOT HIGHER. CLOSING PRICE AND IS DOWN AT LEAST
15%
20%
30%
40% I DON'T KNOW IF YOU HAVE TO DO MULTIPLE SCREENS TO CATCH ALL LEVELS OF % DROP BUT 20% 60% IS IDEAL WITH 15% BEING THE MINIMUM.
I SAW 1 THAT WAS DOWN 80% THAT CAME BACK SO THE LOWER THE BETTER. BUT MAYBE 20% IS A GOOD START UNLESS YOU CAN DO MORE SCREENS...
THANX AND IT MAY BE IN YOUR INT. TO CHECK THIS OUT.
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mesayah
658 posts
msg #85275
- Ignore mesayah |
12/30/2009 10:55:39 PM
Maybe this impossible.. sorry if it's not doable.
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Eman93
4,750 posts
msg #85278
- Ignore Eman93
modified |
12/30/2009 11:27:55 PM
This will retace from the 150 day low to the high ---- dont know how you would do the volume on the day it made the high--eyeball
you can change the 0.618 to 0.5 or 0.2 what ever retracement you like.....
Chet could whip up some VAR code to stack the .2 .3 .4 .5 .618 .7 into one screen...
He has some good stack screens just cut and paste...it would take me a while just to find what use....
Or just change it manualy in the screen....
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miketranz
961 posts
msg #85279
- Ignore miketranz
modified |
12/30/2009 11:42:54 PM
Very simple,find stocks that gap up on 100% + volume.The higher the gap the better.The next day if the stock trades below the previous days close,short it,with a stop loss a few cents above the previous days close.Fade the gap.Great set up.Its a gap trap reversal.When these occur in biotech stocks,you can make alot of money fast on the short side.See Chet for the filter details..........
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mesayah
658 posts
msg #85280
- Ignore mesayah |
12/31/2009 12:46:43 AM
Kids go check some history on stocks and i think you will find this runs around 86% or so... very very powerful.
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mesayah
658 posts
msg #85281
- Ignore mesayah |
12/31/2009 12:51:19 AM
it may be a good short but i want to play them after at least a 10% drop the farther the better then i would buy a basket and sit back and go long until each 1 hit target 1 at a time no matter how long it took. no stop loss just small 2-3g investments in each. It's like shooting fish in a barrel.
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mesayah
658 posts
msg #85282
- Ignore mesayah |
12/31/2009 1:09:42 AM
Another example SEED closed sept 17 @ 5.88 next days high was 5.88 nov shot to 10.
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mystiq
650 posts
msg #85283
- Ignore mystiq |
12/31/2009 3:59:22 AM
ACAD IS A GOOD EXAMPLE
OCT 14 WAS DOUBLE THE VOLUME OF OCT 13
PRICE WAS UP OCT 14
PRICE NEVER HAS BEEN ABOVE CLOSE ON OCT 14 SINCE.
POINT IS PRICE COMES BACK TO UP VOLUME & PRICE DAY EVENTUALLY
SO 1.89 WAS CLOSE NEXT DAYS HIGH WAS 1.87 NEVER EXCEEDED 1.89 AND HAS BEEN GOING DOWN.
SO BASICALLY A SCREEN WHERE PRICE IS UP ANY % AND VOLUME IS DOUBLE AND NEVER EXCEEDED, PRIOR DAYS CLOSE. CAN BE THE SAME AS PRIOR DAYS CLOSE BUT NOT HIGHER. CLOSING PRICE AND IS DOWN AT LEAST
15%
20%
30%
40% I DON'T KNOW IF YOU HAVE TO DO MULTIPLE SCREENS TO CATCH ALL LEVELS OF % DROP BUT 20% 60% IS IDEAL WITH 15% BEING THE MINIMUM.
I SAW 1 THAT WAS DOWN 80% THAT CAME BACK SO THE LOWER THE BETTER. BUT MAYBE 20% IS A GOOD START UNLESS YOU CAN DO MORE SCREENS...
THANX AND IT MAY BE IN YOUR INT. TO CHECK THIS OUT.
---according to your criteria, ACAD is presently still DROPPING from the close of 1.89 in OCT--- do you pick it up when price is down 20% min? how would you know it would'nt drop 20%, rally, then drop another 20% ? before reaching the 1.89 in OCT ?
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mesayah
658 posts
msg #85313
- Ignore mesayah |
12/31/2009 10:33:21 AM
That's the thing. you don't know hence the basket of 10-20 stocks. When do you jump in, that depends on what the screen looks like if it's even possible. If screen is bountiful, you can cherry pick with the deeper drops, say 30-60%.
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mesayah
658 posts
msg #85317
- Ignore mesayah |
12/31/2009 10:53:15 AM
Ok. i'll start the ball rolling. I'LL add
ACAD
GRO
These are down about 30% according to above criteria.
Anyone have any to add?
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