graftonian
1,089 posts
msg #137935
- Ignore graftonian |
9/2/2017 1:58:02 AM
Work is the curse of the drinking class.
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graftonian
1,089 posts
msg #137938
- Ignore graftonian |
9/2/2017 1:54:50 PM
PT, re the filter you posted on 9/01:
Just curious but tell me your reasoning for using a vix type index for oil as a market condition for buying non-oil related stocks? I have re-arraigned and re-worded a few statements, however I think the logic is the same.
Thanx, Chachi
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pthomas215
1,251 posts
msg #137939
- Ignore pthomas215 |
9/2/2017 2:09:28 PM
Thank you. I will take a look at your filter. I wasnt seeing it as more of a vix related play as much as 'if IFT(2,1) is moving and MACD fast is crossing above MACD slow line, we may have PPO line crossing above EMA on 2 day and weekly chart. Ive noticed that when you just get the 2 day crossover, you have at least a one day swing trade. GUSH looks good now, as does KERX and CLD.
by the way, can you pull up stock charts this morning for charting wealth? I cant seem to do it on Internet Explorer.
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graftonian
1,089 posts
msg #137948
- Ignore graftonian |
9/3/2017 7:14:38 PM
PT, Looks like it is too early for GUSH and KERX, but the stars are in alignment for CLD. Cloud Peak is an wyoming coal producer(read near the Pacific coast). Asian exports have gone from .2 M tons to 1.8 M tons year over year. Take that NoKo.
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pthomas215
1,251 posts
msg #137952
- Ignore pthomas215 |
9/3/2017 8:28:58 PM
Graft, plus energy is going to make a move. watch CHK too. almost ready. GUSH has had 2 strong days already...is it the weekly giving you a reservation on it?
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graftonian
1,089 posts
msg #137963
- Ignore graftonian |
9/4/2017 3:45:27 PM
PT,
1. TC2000 was down intermittently over the week end. seems to be OK now.
2. You were correct, it was the lack weekly indications which caused my misgivings on KERX and GUSH.
3. In the filter you posted on 9/01, you postulated that the IFT was a good indicator to feed the CW system and I fully agree with you. However I think the movement of the IFT in the past 20 to 40 days sets the scenario:
1. The stock must have been in the sewer previously, and, got there quietly, without a lot of kicking and
screaming.
2 . The climb out of tank must also be smooth and uninterrupted.
The above scenario results in a smooth, deep(pregnant) belly. When to pull the trigger is the job of the CW gurus. An attempt to define this curve in SF code follows.
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pthomas215
1,251 posts
msg #137964
- Ignore pthomas215 |
9/4/2017 5:38:43 PM
GRAFT: thank you. I was saying the same thing to myself on Friday when I saw EROS. just not smooth enough. sudden pumps up always lead to consolidation.
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pthomas215
1,251 posts
msg #137965
- Ignore pthomas215 |
9/4/2017 6:18:44 PM
GRAFT--what did you sort by? it just says sort? I just want to understand the logic in it, I'm sure it makes sense!
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graftonian
1,089 posts
msg #137972
- Ignore graftonian |
9/5/2017 9:01:43 AM
PT,
The sort variable is the sum of: 1) the days since the 2 day slope of IFT last started to increase and 2) the days since the slope of IFT last started to climb (went positive).
One could argue the logic is faulty, as one is adding apples and oranges. I added the 2nd variable when I realized the slope could be increasing as the IFT continued to fall.
The best examples of the shape I am looking for are OIH, BP, and JCP (JCP?) on fri, 9/01.
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johnpaulca
12,036 posts
msg #137974
- Ignore johnpaulca |
9/5/2017 9:22:18 AM
ALL 3 stocks have buy signals within a downtrend.
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