StockFetcher Forums · General Discussion · DJI<< 1 ... 3 4 5 6 7 >>Post Follow-up
alf44
2,025 posts
msg #67934
Ignore alf44
9/30/2008 12:32:49 PM

...this indicator turns on a dime... ~ johnpaulca

--------------------------------------------

...INDICATORS ARE FOR SUCKERS... ~ TheRumpledOne

--------------------------------------------

Hmmmm...


johnpaulca
10,097 posts
msg #67937
Ignore johnpaulca
9/30/2008 1:01:08 PM

Guess I am a sucker. It's how you use them squiggly. I don't limit myself to a single style of trading, I try to keep an open mind and apply what style is necessary to that particular stock that I'm trading. My Booya worked great last year and most of this year but it's not as effective in this environment, so I moved on and try something else, like MTB....Milk The Bovine or some ruminant animal.

dforant1
76 posts
msg #67938
Ignore dforant1
9/30/2008 1:01:12 PM

Wow, I look at these charts and I'm jealous. Too much for my grey matter to absorb. Just 4 horizontal lines is all I need. Along with Stock Fetcher. hahahha.


maxreturn
745 posts
msg #67939
Ignore maxreturn
modified
9/30/2008 1:21:27 PM

Yeah, me too JP. I agree that too many squigglies distract from the most important task, analysis of price action and volume. However, in my opinion using just a few simple indicators like moving averages, RSI and Bollinger Bands can give further clarity and confirmation as it relates to trend and volatility. I think it's great that TRO and Alf can trade successfully with nothing but a price chart but my contention is that they are probably in the minority. I've been trading over 18 years and while I've become fairly proficient at reading price I still rely on just a few indicators to give context and confirm entry points and I've done quite well thank you.

alf44
2,025 posts
msg #67941
Ignore alf44
modified
9/30/2008 1:39:35 PM

...just for the record...

I've got some so-called "squigglies" on ALL my charts...be they Intra-day, Daily, Weekly...you name it !!!

-----------------------------------------------------------------


I WILL say though that with Intra-day Charts...I find these "Horizontal Lines" ...


Prev. High / Low / Mid

Today's High / Low / Mid

Prev Close

Today's Open

Stretch (which is actually 2 lines based on the Open + - the "Stretch" calculation) - I could elaborate further...

Daily Pivots


...to be more helpful in trading Intra-day moves !!!


--edit-- Having said that...I still have certain Intra-day set-ups that lend themselves to squigglies...and...I will always have an MA or 2 and an Oscillator on ALL my charts...Intra-day or, otherwise !!! fwiw

So...move over "SUCKERS"...make room for one more !!!

-------------------------------------------------------------

Regards,

alf44


johnpaulca
10,097 posts
msg #68666
Ignore johnpaulca
10/22/2008 10:12:31 AM

DJX... hourly chart. If it breaks support we could see another 200 points drop... imo

Image and video hosting by TinyPic

johnpaulca
10,097 posts
msg #68688
Ignore johnpaulca
10/22/2008 3:45:55 PM

broken support....timberrrr.



Image and video hosting by TinyPic

TheRumpledOne
6,358 posts
msg #68697
Ignore TheRumpledOne
10/23/2008 7:22:32 AM

johnpaulca


Guess I am a sucker. It's how you use them squiggly. I don't limit myself to a single style of trading, I try to keep an open mind and apply what style is necessary to that particular stock that I'm trading. My Booya worked great last year and most of this year but it's not as effective in this environment, so I moved on and try something else, like MTB....Milk The Bovine or some ruminant animal.
========================================================================

The Buy Zone aka Milk the Cows works in any kind of market.

Price must leave the zone, it's that simple.





johnpaulca
10,097 posts
msg #68702
Ignore johnpaulca
10/23/2008 8:52:15 AM

Avery...I couldn't agree with you more, yet by nature, I am always looking to try new things, must be the scientist in me. I love the way you trade, very simple yet effective now go milk the bovine...lol.

johnpaulca
10,097 posts
msg #75678
Ignore johnpaulca
6/20/2009 4:46:17 PM

Source: Amateur Investors Weekend Market Analysis for 6/20/09‏

Question:
The significance of when the 50 Day Moving Average crosses above the 200 Day Moving Average to the upside and the performance of the market when it occurs. After doing some research here is what I have found going back to the late 1890's involving the Dow.


Since the late 1890's their have been 69 occurrences when the 50 Day Moving Average has crossed the 200 Day Moving Average to the upside with the last one occurring in early September of 2005. Overall when the 50 Day Moving Average has crossed above the 200 Day Moving Average the Dow hasn't performed that well over the next 1 to 3 Months as shown in table below. However over a longer timeframe (from 6 to 12 Months) the Dow has slightly favored a Positive Return of varying magnitudes although it's certainly not a given the Dow will be higher over a longer period of time.

1 Month 3 Month 6 Month 12 Month
Performance Performance Performance Performance

# of Positive 39 35 41 43

Returns (57%) (51%) (60%) (63%)

# of Negative 30 34 27 25

Returns (43%) (49%) (40%) (37%)



StockFetcher Forums · General Discussion · DJI<< 1 ... 3 4 5 6 7 >>Post Follow-up

*** Disclaimer *** StockFetcher.com does not endorse or suggest any of the securities which are returned in any of the searches or filters. They are provided purely for informational and research purposes. StockFetcher.com does not recommend particular securities. StockFetcher.com, Vestyl Software, L.L.C. and involved content providers shall not be liable for any errors or delays in the content, or for any actions taken based on the content.


Copyright 2016 - Vestyl Software L.L.C.Terms of Service | License | Questions or comments? Contact Us
EOD Data sources: DDFPlus & CSI Data Quotes delayed during active market hours. Delay times are at least 15 mins for NASDAQ, 20 mins for NYSE and Amex. Delayed intraday data provided by DDFPlus