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thanks for the info glass;
on DNDN take a look at an 8 or 10 year chart. i used stockcharts.com and my 3 vol indicators were obv, accum/dist, and cmf, you will be able to see with the eye were the naked short selling started.
with regard to trading strategy; i currently use RSI for momentum and wont enter unless into and back out of the 30 line or a cross above the 50 from below.
trend - i also use MACD, but i will enter below center line if the MA cross has a steep angle and the histogram has reversed over the center line.
volume is where i am stuck. my current strategy has been to get emails from another IHUB board 'Wealth University'(the head moderator will email u all trade in and out of each position) and ignore all stocks which dont meet my above criteria and my current vol criteria.
Which was - obv crossing over its own 30day MA. This strategy usually produces a winner, at least for 2-3 days and a 10-20% gain, in many cases more and longer term trades too. but while all my cash is currently tied up in one trade im trying to work out the bugs. with your info and what i came across on a few stocks like DNDN, it seems i really need to also ignore stock that have the above 3 criteria but have a several month-long downward slope on the accum/dist line(which were the trades where my system failed by the way). or i may get rid of the obv altogether and use accum/dis with it 30 day MA as my signal. for some reason accum/dis i felt reacted a little late though. i may end up requiring a near cross on either but that at least one be up and one flat. if one is down, i think i will pass.
love ur input so far and if u have the time i would love to here more detail on ur strategy
thanks again - con
Also glassy;
u mentioned this, "If I see one whose OBV and volume are UP but the accumulation is down - I pass." for your trades do u always look to have both indicators up, do u look for either of the 2 crossing over their own 30 day MA like i like to do with OBV, or just both be up.
finally what if Accum/dist is up but obv is down. is your rule to always have these be up or at least 1 up one flat, otherwise pass.
i am really having difficulty forming a vol indicator rule for my trades. thanks
volume indicators Q?
Hi Chart its been a while. Can u, or anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance.
ps - the reason i ask is that i read an 80pg article on dndn, dendreon. apparently the stock was grossly naked shorted for a substantial period of time as was reflective in them being on the reg-SHO list for an extended period, sometimes over 9 million failures to deliver in a single day!
what concerned me was that CMF and the Ammum/dist picked this up and both showed the stock was being grossly sold off. the obv line is almost a mirror opposite of the ammum/dist line, even on an 8 year chart!
if u check it out, or the dendreon article let me know what u think, thanks again - con
if u get any info can u let me know?
here is what i got so far:
I can help you with what i have learned - but its a FWIW. The OBV is a "buying" indicator and the accumulation is a "holding' indicator so to speak. IF they match up- thats so much the better.
If I see one whose OBV and volume are UP but th accumulation is down - I pass. What it can mean is that there is selling of new shares into the rally and of course the PPS does not rise commensurate with the buying volume.
i like to watch the CCI and the CMF both going up together- one giving agreement to the other.
accumulation -IMO- is one of the most important things to watch - IF its going up nicely it signals peeps are holding and due to confidence and it typically means bullish sentiment and a rise in the pps. I hope that helps.
and of course volume is the fuel for any move.
... and here is why i asked the question; the reason for the question is that i read an 80pg article on dndn, dendreon. apparently the stock was grossly naked shorted for a substantial period of time as was reflective in them being on the reg-SHO list for an extended period, sometimes over 9 million failures to deliver in a single day!
what concerned me was that CMF and the Ammum/dist picked this up and both showed the stock was being grossly sold off. the obv line is almost a mirror opposite of the ammum/dist line, even on an 8 year chart!
if u check it out, or the dendreon article let me know what u think, thanks again - con
lowtrade;
first time poster here but you were strongly recomended. is there a tread here dealing with my question?
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
thanks glass;
the reason for the question is that i read an 80pg article on dndn, dendreon. apparently the stock was grossly naked shorted for a substantial period of time as was reflective in them being on the reg-SHO list for an extended period, sometimes over 9 million failures to deliver in a single day!
what concerned me was that CMF and the Ammum/dist picked this up and both showed the stock was being grossly sold off. the obv line is almost a mirror oppisite of the ammum/dist line, even on an 8 year chart!
if u check it out, or the dendreon article let me know what u think, thanks again - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
volume indicator Question...
... Can anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
Making money??? on this? what type of denial does one have to be in to still rest there hopes on the impossible?
volume indicators Q?
Hi Chart its been a while. Can u, or anyone; help me find a good discussion thread on volume indicators. i keep running into stocks where OBV and accum/dist are stark opposites of each other, even on charts spanning several years. Do u know why this happens or what it could mean? i guess im really hoping for a comparison of the two. i also use CMF often but find it seems to follow accum/dist very closely since mark chalkin made both indicators. thanks in advance. - con
OT: EWRC??? what does anyone make of today price action?
buyout rejected yesterday and huge rebound today?
i was looking to dump as i know wu is out but may hold and play the charts now. thanks for your opinions.
-con
Does anyone have a link to the Aug. tracker
just a bump, sorry
Does anyone have a link to the Aug. tracker
thanks-con
ps- char, i know i have not been around in a while but right now im trying your last 2 months worth of pick vs. stockchrts.com's:
"last stochastic method."
for Sept. it confirmed you on:
TWPG, FTK, QRCP, CPE, LEI, and LBIX
those were some good picks with plenty of upside
would be funny to take a poll to see if that was true;
i still hold 20k in cert and 20k at one broker.
didn't lose on this one cause i sold some on the way up.
good info on ot:neph, thanks
chart predicted news when i asked him if it was just good chart on this stock or rumor two days ago!
way to go chart, again!!!
Shef can u be more specific on your reasons for getting out of NEPH. wouldn't fda have to inform the company and thus the public if decision was going to be months and months delayed.
thanks in advance - con
I noticed sheff pulled out of NEPH. there seem to be two camps forming. one that believes and fda decision will come shortly(inside of a month) and one that believes like sheff, that news is 6 month to a year off due to clinical research. I have been unable to contact Sheff. hopefully he will respond to this post but if not can u clarify why the major differing opinions. What is the basis for Sheff's feelings if the fda decision is already way late?
sexy thank you well in advance - con
how can i get the nightly momentum list?
thanks in advance
i was thinking same thing.
i have not been around here in a while but spent the summer learning TA.
Back in the game now! - con
Chart: u think XOMA was just the great looking technicals today or u think rumors may be flying?
i never trust yahoo boards but this stock sure did act like someone knows something.
double crosses on the 200 and 50sma didn't hurt either - con
Anybody know why this stock is tanking?
nice! the con's in too!
VERITAS77, can u tell me the number or re-post info u shared a few weeks back about using RSI and golden crossovers for going long or short on a trade? i meant to save it and lost it, thanks - con
okay thanks. i blew that trade. looking to get out w out loosing to much on a pull back.
down about $600. holding for a break even or close on the next downturn. prob 2-4days no?
chart: sorry i doubted u. should have known something was about to crack in the oversold financials. im holding the short bag now at 8.22. ouch - con
veritas: where do you see WFC going from here. i agree w chart there is the pos. of short term bounce but upward movement in the market has been limited to one day only of late. if this stalls mon. i think we continue down very predictably like BAC and Citi. you?
still how many days would it take for a decision on the mark to market be made. All i see is US now into citi for 36% and UK just grabbed 20-25% more of Lloyds. i dont see these being the only two banks that will be taken over, thus the financial s fall more, no?
chart,honest i had been looking to short WFC since last fri. and i wish i did so i finally did on fri. w out seeing your update. fundamentally dont you think they bit off more than they can chew w WB? i see them at four in a month. the tarp fund major banks are toast inmho.
firt time we have ever been on op.sides of the trade-con
ot: CYIO.OB any thoughts?
thanks guys
CEO said they would earn $180mil com. to 2.2mil last year.
ot: CYIO.OB 175 mil in earnings for a .12 cent stock
anyone know about it?
ot: DXO-action on it didn't make sense to me today. should be higher. i bought at 2.62 when oil was at about $38 and oil was over $41 today and were at 2.30?
CHART (year 2 portfolio Q)? -
can u take some funds from the year 1 portfolio and move them in the year 2 portfolio so we can get her moving. i dont think anyone will object and 2K is meaningless in the year 1 port.
get her done - con
what alternative plays do you like specifically. if u can list a few tickers ill take a look, thanks - con