StockFetcher Forums · Filter Exchange · super top capitulation for buying puts at dead top<< >>Post Follow-up
mary4ever
11 posts
msg #36464
Ignore mary4ever
6/25/2005 2:42:32 PM

Show stocks where volume reached a new 26 week high
and Average Volume(50) is above 50000
and close is between 5 and 500 and weekly rsi(2) above 98 and stock is optionable what you do is watch for them to get to 99% on the daily and weekly rsi then buy puts return on roe is -30%


TheRumpledOne
6,362 posts
msg #36490
Ignore TheRumpledOne
6/26/2005 4:45:34 PM

Fetcher[
Show stocks where volume reached a new 26 week high
and Average Volume(50) is above 50000
and close is between 5 and 500 and weekly rsi(2) above 98 and stock is optionable

add column rsi(2)
add column weekly rsi(2)
]



Hey "trading buddy" you have to remember not everyone has rsi(2) in their globals...lol




manubirla
2 posts
msg #36790
Ignore manubirla
7/8/2005 10:32:26 AM

This filter/entry method combination looks very interesting to me. The part that I am not getting is the intraday weekly RSI(2). Are you calculating a target price in advance and if the stock reaches that point you enter? Is there are service that provides the realtime Weekly RSI?

Thanks for your input.


chipper338
10 posts
msg #36963
Ignore chipper338
7/17/2005 12:40:34 AM

Hello folks,
Fwiw, I thought top capitulation was better known as euphoric top


maxxam80
108 posts
msg #50378
Ignore maxxam80
3/3/2007 6:37:09 AM

hold for 1 day ok?


bielyplafon
42 posts
msg #50379
Ignore bielyplafon
modified
3/3/2007 7:53:32 AM




maxreturn
745 posts
msg #50388
Ignore maxreturn
modified
3/3/2007 12:16:10 PM

Following this filter blindly without looking at the longer term picture can put you in the poor house. Running this filter today brings up three stocks. With the possible exception of IMMR the others look to have just broken out and in the early stages of an uptrend. Another thing I've noticed...Look at how the weekly rsi(2) crossing above 75 seems to be a nice job of forecasting an upmove after the price has based/consolidated. This is further strengthened by the daily and weekly macd's moving up. Here's another idea. Look at the first meaningful pullback in daily rsi(2) after the weekly rsi(2) has crossed above 75 as an opportunity to go long. For example, daily rsi(2) turned up on DRTE on 2/28. You could have bought on the close that day for 12.74. Friday closed at 15.53. Now look at PALM. The rsi(2) turned up on 2/8. You could have bought on the close that day for 14.59. Friday closed at 18.30.

Fetcher[Show stocks where volume reached a new 26 week high
and Average Volume(50) is above 50000
and close is between 5 and 500 and weekly rsi(2) above 98 and stock is optionable

add column rsi(2)
add column weekly rsi(2)
draw rsi(2) on plot weekly rsi(2)
draw macd fast line
draw weekly macd fast line
draw ema(20) and draw ema(50) and draw ema(200)
]



Regards
Max




SAFeTRADE
413 posts
msg #50396
Ignore SAFeTRADE
3/3/2007 4:15:57 PM

That weekly rsi(2) is an eye opener. You put it in the right context!


TheRumpledOne
6,362 posts
msg #50403
Ignore TheRumpledOne
modified
3/4/2007 8:16:57 PM

Just look at the positive divergence for rsi(2) and price.

That's what StockHolyGrail taught me.

It's like having a crystal ball!!



StockFetcher Forums · Filter Exchange · super top capitulation for buying puts at dead top<< >>Post Follow-up

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