StockFetcher Forums · General Discussion · how to catch a falling knife<< >>Post Follow-up
MARY4MONEY
806 posts
msg #47361
Ignore MARY4MONEY
10/7/2006 10:46:54 AM

these are stocks that fall 20-80% in 1 to 5 days- the question every body want to know is when do i buy at the bottom- all you have to do is use a 50 ema with 15 minute bars and it becomes a buy when a stock crosses above it and consolidates on that line- about 80% of the time this is right before a big move up for example on gnta 2$ down to 0.35- it became a buy at 0.48- 4 days later you sold right at the close at 1.10 when the daily rsi(2) was at 99.8% then you bought it agin at 0.70 a few days ago when the rsi(2) daily was at 4%- if you are playing options this is the explosion point- rimm went 86=104 on good earnings- then fell to a low of 98.75 and when it got to 99.80 it became abuy using the 15 min ema 50- you bought the 110 oct for 0.60 and the 115 oct calls for 0.15 at it high yesterday of 112$ the 110 was at 6.50 and the oct 115 was at 3.90 for a 1000% and 2700% gain in 3 days


MARY4MONEY
806 posts
msg #47362
Ignore MARY4MONEY
10/7/2006 10:51:06 AM

and also using the 30 and 60 min for the intraday rsi(20 you got a big negative divergence at its high of 112 a sell which i sold the 115 oct call for 3.45 and when it fill to 108.50 where the 15 minute rsi(2) was 0 i bought back the oct 115 call for 1.20 at the close


as214
184 posts
msg #47364
Ignore as214
10/7/2006 12:03:10 PM

That's awesome Mary looks like you found your Holy Grail congratulations. BTW I really liked your Nasdaq Bottoming filter. A few of those stocks that showed up on there also showed up on my valuation screens. PDCO at 30 was an example..


dangreene
229 posts
msg #47365
Ignore dangreene
10/7/2006 1:38:24 PM

MARY4MONEY,

Thanks for posting your observation concerning EMA(50).

I think it makes a nice addition to any chart as an added visual tool, not just to catch a falling knife.


StockFetcher Forums · General Discussion · how to catch a falling knife<< >>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 2022 - 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


This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.