as214
184 posts
msg #39810
- Ignore as214 |
12/30/2005 1:04:02 PM
Made another 7100 today trading DO! Used 100 percent linear regression channel variable RSI2 and DMA(28,-14)... I really believe RSI(2) and DMA(28,-14) are the best indicators out there when used in conjunction with one another. If you guys are ever in NY let me know Im buying.. Thanks Rumpled and Riggs! Ive made alot of $ value investing but this is much more fun LOL!!
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dkatz
64 posts
msg #39811
- Ignore dkatz |
12/30/2005 1:52:52 PM
you can use stockfetcher ... "and draw dma(24,-14)" will bring it up on your chart. Also, I use Prophet.net and it has the displaced moving average as well.
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riggs
313 posts
msg #39823
- Ignore riggs |
12/31/2005 12:01:53 PM
dkatz -
There is no reason NOT to play $2 under stocks. I personally do not buy anything under $50, but that's b/c of my employers buying power. Now on CNBC'S Jim Cramers Madmoney challenge, That's all I did($2 plays) and ended up with $212K in just 5 weeks of play. I actually made it in the "top 10" one day, but never saw it again. But with over 50,000 contestants, I'm not complaining. So yes, look for those babies under $2 and watch the explostion in price! Good luck dkatz.
RIGGS.
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riggs
313 posts
msg #39824
- Ignore riggs |
12/31/2005 12:18:17 PM
as214 -
Next time I'm in N.Y, you bring the Dom, and I'll bring Jack. After were done, let's see how maney filters we can rEmEmBeR. LOL....Keep up the great work!!!!
DMA IS THE ONLY WAY
RIGGS
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riggs
313 posts
msg #39825
- Ignore riggs |
12/31/2005 12:19:35 PM
Make that "how MANY filters"
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dkatz
64 posts
msg #39827
- Ignore dkatz |
12/31/2005 2:17:38 PM
Riggs -- thanks! I find the charts difficult to read for the stocks less than a $ under the 3 minute, 13 minute, even 60 minute setting -- such spans of time when nothing happens, it's hard to discern divergence between price and cci or rsi ... but the daily charts are legible, will work with those. Again, thanks very much for the response. --d
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riggs
313 posts
msg #39830
- Ignore riggs |
12/31/2005 2:52:48 PM
dkatz -
If you're looking on prophet.net, you can superimpose the actual charts. Look down at the very bottom for the "+" sign and you should have no problem seeing what ever you're looking for. Was this the problem?
RIGGS.
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dkatz
64 posts
msg #39845
- Ignore dkatz |
1/1/2006 1:54:43 PM
Riggs -- no, that's not what I was referring to actually. For example, CKEI was a hit on your basic/original DMA filter at .03 cents a share on 10 October 05. Shifting to hourly chart on prophet for 11 October to try to discern possible real-time entry, you see three "legible" candles and then three dashes (i.e., no price movement at all, flat dojis). Worse visually when you switch to 13 minute chart and far worse on the 3 minute chart. How does one read such a chart? Hope you had a great holiday and we ALL have a VERY prosperous new year. --d
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riggs
313 posts
msg #39846
- Ignore riggs |
1/1/2006 3:21:00 PM
dkatz -
Yeah, I see your problem. But those "dashes" are nothing more than low volume. I know I'm not telling you anything you don't already know, but if you're going to play penny stocks, then IMO they MUST have an average daily volume of 2 million or more. This is what I would draw from.....
I know 2 million doesn't give you much to choose from, but it's never-the-less a safe way to go. Good luck "d"
RIGGS
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TheRumpledOne
6,407 posts
msg #39859
- Ignore TheRumpledOne |
1/2/2006 12:55:53 AM
"
as214 [Ignore] 12/30/2005 1:04:02 PM
Made another 7100 today trading DO! Used 100 percent linear regression channel variable RSI2 and DMA(28,-14)... I really believe RSI(2) and DMA(28,-14) are the best indicators out there when used in conjunction with one another. If you guys are ever in NY let me know Im buying.. Thanks Rumpled and Riggs! Ive made alot of $ value investing but this is much more fun LOL!! "
Just book the flight and I'll be there.... my bags are always packed and I have a valid passport!
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