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Re: sxsw post# 59

Wednesday, 11/08/2006 10:29:49 PM

Wednesday, November 08, 2006 10:29:49 PM

Post# of 94
Good question. Not much trading pattern history to go on. I am interested to see how tomorrows open reacts. I am not really going to look at any indicators on this one.

Mainly for bigboard stocks all I need is RSI, CMF and MACD. After trading pennies NASDAQ plays are usually a piece of cake lol.

For scans I only look for bottomed out out stocks with RSI that was under 30 and finally crossed upward. If the CMF is turning up along with RSI then usually I flag it.

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