| StockFetcher Forums · General Discussion · penny crap pick IV | << 1 2 3 4 5 >>Post Follow-up |
| 13th_floor 724 posts msg #55761 - Ignore 13th_floor |
10/16/2007 10:28:36 PM Jr, I didn't know for a fact that ANTP would run on e/r after the open but I did know that the odds were on my side and good odds of a pretty good run. That's all I ask from a trade,to know I have the odds on my side,not for a 5% move but for the ones 10-30%+ Remember this is what I said: "Super low floater had very good e/r after the close Friday. It has huge solid whites all through its yearly charts. In '04 it ran from 6 bucks to 50 in 2 months . Last e/r 7/16 it opened at 7.80 and closed at 10.72 " Solid white candles every so often in a stocks chart throughout the year(s) is a great indication of a stocks "runability". This knowledge I have of big runners potential has not come easy. I have studied literally thousands of stock charts over the last 2 years. The way many folks spend hundreds of hours on devising filters,instead I use my time on studying price and volume moves on stocks that have done it before. Today I felt the same very good risk/reward on the one we talked about the other day, POTP These kind you wait for green and take your chances if you have confidence in your method of trading |
| 13th_floor 724 posts msg #55771 - Ignore 13th_floor |
10/17/2007 8:32:09 AM Jr, SOYO was real nice,good one You caught it right on a day where news was released,may have more left. POTP zoom zoom again today!!! |
| jrbikes 624 posts msg #55787 - Ignore jrbikes |
10/17/2007 6:52:51 PM I understand, I have also spent a considerable amount of time looking at penny charts to determine what causes the runners to go from say, .05 to .30 in a matter of days, and the chart always looks the same, SOYO was one of them, but to call one on the exact day like you did, well its pretty cool, I dont know why, but I do know this, the market is mesmorizing! I have this passion for pennies, I guess because I got my butt handed to me last year, so I decided to just track and post, I have decided on one filter and one filter only, thats where I got SOYO, now its just working on the accuracy, SF is not really accurate and it misses some! I took the advice of a friend who said, find one pattern and master that and you will make all the money you want! I look back over the last 4 years and I realize, She was right! |
| jrbikes 624 posts msg #55788 - Ignore jrbikes modified |
10/17/2007 7:31:02 PM I now know this filter is the one! BLLN 25% SOYO 50% FDRA a bunch of % AAGH a whole bunch of % ( same freakin filter I started with 3 years ago, but like I said, I found SF and it was all down hill frome there ) newbies beware! GLE, WITM, CALVF, watch em! |
| TheRumpledOne 6,407 posts msg #55789 - Ignore TheRumpledOne |
10/17/2007 7:37:29 PM Please post the filter. |
| jrbikes 624 posts msg #55791 - Ignore jrbikes modified |
10/17/2007 9:37:30 PM standard penny filter I just use 20 days because these seem to run on a 2 to 3 week time frame! Standard Support and Resistance rules apply! 3rd times a charm change the price to your liking pull up some of the China stocks that have been trading crazy and you can see the pattern also! oh yeah, about 2 years ago, Rump helped me with part of this filter, I just had to figure out a few missing links that only comes from frustration and dedication! Also use the MA(200) as a support and resistance tool! |
| jrbikes 624 posts msg #55792 - Ignore jrbikes modified |
10/17/2007 9:50:06 PM I have deleted all other filters and use only this one in all price ranges! All stocks are crap! Past performance is no guarantee of future performance These statements have not been evaluated by the Food and Drug administration, (oh, sorry, I got confused) |
| predator 8 posts msg #55801 - Ignore predator |
10/18/2007 8:20:49 AM jr. thanks for sharing predator |
| 13th_floor 724 posts msg #55826 - Ignore 13th_floor |
10/19/2007 7:06:11 AM Hi Jr, Talk about a crap stock, look at SHRP. After these get smoked awhile and they start to trade up(green) they can run real good fast. You get in, take your profit and don't expect it to run for days. Like you said most penny stocks are crap. From yesterdays SF (non) chat: (09:31:32 AM) 13th_floor:watch beaten SHRP at 2 bucks now (09:42:41 AM) 13th_floor:2.32 gooooo,,,, right off 2.01 (10:19:27 AM) 13th_floor:SHRP 2.67,,,,jr where are you?? (10:38:25 AM) 13th_floor:SHRP 2.75 (10:39:19 AM) 13th_floor:2.83 !!!!!!!!!!!!!!!!!!!!! (10:43:15 AM) 13th_floor:2.90 (10:47:48 AM) 13th_floor:3.02 ... 50% i'm taking it in hour 
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| TheRumpledOne 6,407 posts msg #55830 - Ignore TheRumpledOne modified |
10/19/2007 8:53:52 AM Thanks for sharing, jrbikes... I added my Long Profit Display to your filter above. Looks like when these catch GREEN, they really pop! I looked at the SHARPER IMAGE chart and had an idea... thanks for sharing. |
| StockFetcher Forums · General Discussion · penny crap pick IV | << 1 2 3 4 5 >>Post Follow-up |