LebowskiUrbanAchievers
56 posts
msg #89008
- Ignore LebowskiUrbanAchievers |
3/3/2010 10:13:46 AM
closed my GNVC at 2.57 for a .10/share profit. Noticed it failed and went negative as soon as it hit the upper 100 day linear regression line. I may be able to decipher M4M's cryptic setups and post a graph style on it. Though I will not be able to screen for stocks that fit her profile, as I am not good at writing code. I am a worthless electrical engineer.
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raviram80
30 posts
msg #89029
- Ignore raviram80
modified |
3/3/2010 8:56:36 PM
Hi Kevin,
Did you place the order for these two stocks on Sunday night or Monday morning at the start of the session if you did?
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LebowskiUrbanAchievers
56 posts
msg #89060
- Ignore LebowskiUrbanAchievers |
3/4/2010 10:14:34 AM
You would place the order on Monday, but place your limits to buy at friday's close and then watch it. Could be taking off like a rocket on Monday Morning and you may have to just buy as quick as you can. TOS shows after hours prices, sometimes they indicate a positive start or not. If you see it will start lower then try to buy ASAP on Monday morning to get a good price.
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Kevin_in_GA
4,599 posts
msg #89069
- Ignore Kevin_in_GA |
3/4/2010 11:43:51 AM
Lewbowski is right - use a limit order, and look to see where the stock is trading pre-market if you can. Otherwise, look at the index futures to get a sense of where it might move to at the open.
I am not currently trading this filter. Tied up in other approaches right now (which are less profitable, it turns out!).
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raviram80
30 posts
msg #89077
- Ignore raviram80 |
3/4/2010 1:52:46 PM
Lewbowski, Thanks for your reply. I get that
Could you please tell me what does TOS mean?
Kevin,
I am trading these stocks in virtual trading and they are unfortunately not doing well. so not losing real money., but should I look at fundamentals as well of the company and other aspects before thinking of using this filter
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Kevin_in_GA
4,599 posts
msg #89180
- Ignore Kevin_in_GA |
3/5/2010 5:37:21 PM
Raviram:
This week MTG hit its target, and CYCC closed only 0.07 lower (about 3%). If you played both you made money.
Historical returns on this are posted on the first post, and updates periodically throughout the thread. This filter returned 100+% in 2009. Hopefully you did as well.
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chetron
2,817 posts
msg #89183
- Ignore chetron |
3/5/2010 6:09:59 PM
Think Or Swim, the platform.
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Kevin_in_GA
4,599 posts
msg #89238
- Ignore Kevin_in_GA |
3/7/2010 2:24:17 PM
Only two stocks for next week (using the filter from my first post on this thread).
MTG - M G I C INVT CORP WIS
CLOSE 8.32
PERCENT CHANGE THIS WEEK +4.00%
VOLUME 3,960,800
PERFORMANCE SCORE 12.33
REWARD SCORE 2.85
RISK SCORE 0.23
TUES - Tuesday Morning Corp.
CLOSE 6.90
PERCENT CHANGE THIS WEEK +5.99%
VOLUME 684,900
PERFORMANCE SCORE 4.93
REWARD SCORE 2.85
RISK SCORE 0.58
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LebowskiUrbanAchievers
56 posts
msg #89252
- Ignore LebowskiUrbanAchievers |
3/8/2010 8:02:17 AM
TUES is touching it's 100 day linear regression's top line. I expect a lower start for it on Monday, so wait for a good price. MTG has room to go up but I am unsure of how Monday will play.
The reason I started looking at the 100 day linear regression, is that with GNVC I would have been able to see a much lower price had I bought on the tuesday or Wednesday of the week. It touched the top line of it's 100 day linear regression and went lower. I have noticed stocks tend to bounce off the top a lot.
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sbuck143
88 posts
msg #89253
- Ignore sbuck143 |
3/8/2010 8:57:03 AM
Just to confirm this is a "touching 5%" scan and not a "closed the week 5% or more" scan, correct?
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