StockFetcher Forums · General Discussion · IS this truly a breakout?<< >>Post Follow-up
107 posts
msg #96551
Ignore the_trade123
9/24/2010 8:34:29 PM

Is this rally a real one or a sucker's rally? would you participate in this one; moreso because there is an election looming in front of us and there is a huge risk to the downside....and by the time this shows us to be a real one, it may end and tank..

3,309 posts
msg #96553
Ignore four
9/24/2010 10:47:00 PM

"would you participate in this one"

How do you define a breakout? What does your strategy tell you? Do you follow the "trend"? What do you trade? Long or Short?

The 5 - 10% move has occurred for many stocks in a 1 month time frame (September 2010).

I chose AMAZON based on your previous post and query. I offer the same filter as then.
Of course there was AMZN (a beautiful clean +30% for September 2010)...


draw ma(4)
set{z1, max(ma(2),ma(3)) * 1.00}
draw z1 on plot close

set{cnt_a, count(ma(4) crossed below z1,1)}
draw cnt_a

set{cnt_b, count(ma(4) crossed above z1,1)}
draw cnt_b



StockFetcher Forums · General Discussion · IS this truly a breakout?<< >>Post Follow-up

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