itrademan
70 posts
msg #46310
- Ignore itrademan |
8/10/2006 11:04:05 PM
Why are you now providing the details in your first post itself.
I have heard that predicting earnings is not possible based on charts ( or any other legal means). Straddle and Strangle help for a short-term trader if the earning news is supposed to affect the price drastically.
I am too waiting to read your response.
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Aktienfahnder
36 posts
msg #46316
- Ignore Aktienfahnder |
8/11/2006 10:35:07 AM
No response up to now - still waiting "mary4money"! Thx...
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maxreturn
745 posts
msg #46317
- Ignore maxreturn |
8/11/2006 10:56:18 AM
Methinks MARY4MONEY...AKA HOLY GRAIL...Is a tease nes pas?
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luc1grunt
622 posts
msg #46320
- Ignore luc1grunt |
8/11/2006 12:08:39 PM
LOL....call, retreat, start another post. call, retreat, start another post. too funny
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numbat1
17 posts
msg #46342
- Ignore numbat1 |
8/13/2006 6:01:45 AM
Mary please tell me to... den_carroll@hotmail.com
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__fetcheruser123
msg #46346
- Ignore __fetcheruser123 |
8/13/2006 12:47:00 PM
There is no true way to predict earnings before they're released unless you have insider information. Any judgement based on price/volume movement is simply speculation.
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alf44
2,025 posts
msg #46408
- Ignore alf44
modified |
8/16/2006 1:27:59 AM
:8^X
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maxreturn
745 posts
msg #46410
- Ignore maxreturn |
8/16/2006 7:59:56 AM
Thanks TRO. A couple of clarifications. First, I'm assuming that you mean price should go up after the earnings announcement instead of "This indicates that the price should DOWN up after earnings announcement". Second, what settings are used for the linear regression channel?
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TheRumpledOne
6,411 posts
msg #46400
- Ignore TheRumpledOne
modified |
8/16/2006 9:56:38 AM
Ok, boy and girls, class is now in session.
I just got off the phone with StockHolyGrail (aka Mary4Money).
According to him, this is what you look for:
Price decreasing
Volume spikes on intraday chart near the end of the day.
This indicates that the price should go UP after earnings announcement.
Price increasing
Volume spike on intraday chart near the end of the day.
This indicates that the price should go DOWN after earnings announcement.
When you are looking at your chart, check price position compared to linear regression.
HPQ has earnings tomorrow.
Huge orders went through at 16:00:50 and 16:00:58 - over 1.1 million shares AND THEY WERE BUYS!!
Let's see happens tomorrow.
Class dismissed.
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TheRumpledOne
6,411 posts
msg #46418
- Ignore TheRumpledOne |
8/16/2006 9:57:11 AM
maxreturn...
I edited above...
Thanks
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