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Re: shankapotamus post# 1162

Friday, 07/29/2011 1:26:06 AM

Friday, July 29, 2011 1:26:06 AM

Post# of 2444
PDOS' RSI clearly screamed "sell me now!"

This was the easiest call to make. While I didn't buy in (you can't buy every trade) I saw that chart near the end of the day on the 18th with its long bar and RSI peak well over 70. I'd have put in my sell order 15 minutes before market close.

Assuming that I'd missed that chance, I'd have sold the following day based on the price drop and the RSI dropping. Some other signals would have the declining PPO histogram, and the declining peak in ACC/Dis corresponding with the declining RSI.

http://stockcharts.com/h-sc/ui?s=PDOS&p=D&b=5&g=0&id=p81804585998

Biggest mistake I ever made? Not looking at any of my three trading accounts for over a year. A lot of good plays dissolved. Two stocks, SARO and MVBY, stopped trading. What saved me from a total blowout was some stocks held with my non-penny broker. SIRI, LBY and BEE, among others.



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