barbsbuoy
1 posts
msg #48774
- Ignore barbsbuoy |
12/25/2006 7:03:16 AM
would like some opinions with reguards to bottom picking at 0.786 .examples iag,mikr,pal.info on best settings.thanks,barbsbuoy
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karennma
8,057 posts
msg #48800
- Ignore karennma |
12/28/2006 7:37:54 AM
That interesting.
Those 3 stocks (iag, mikr, pal) did bounce off 0.786.
I usually wait till .000.
I usually use parameters (65,15) for the fibs.
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karennma
8,057 posts
msg #48801
- Ignore karennma |
12/28/2006 7:40:38 AM
I wonder why they picked 0.786, and not .000.
Many stocks that are tanking don't stop at 0.786, but continue to .000.
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karennma
8,057 posts
msg #48802
- Ignore karennma |
12/28/2006 7:49:26 AM
Here are some that tanked to .000, then bounced.
trlg, oats,rsh,wern,wlsc,cbst,fbn,cbk,ggc,scss.
Those pics you posted DID bounce off 0.786, but they can always go lower.
They can also go lower from 0.000.
JMHO.
:>)
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