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Replies to post #4893 on lowtrade

Replies to #4893 on lowtrade
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Recognizer

01/22/07 11:09 PM

#4894 RE: lowtrade #4893

Thanks,
I traded TKO,KRY and a few others last year by just watching the screen for weeks and glancing at the chart on Scottrade,did ok.
Since I like the risk/reward and pace of pinks and OB, what I need to do is put about 10 equities on a watch,papertrade and hone the indicators,be aware of PR frequency and look for uptrend and patterns. It seems there is quite a few out there that others get in cheap ride for a month and get nice doubles,triples,ect.Right now I think I have more than a general understanding of gaps,trends and so forth but not enough to commit once the stock starts getting momo.Any ideas where to populate a list,than i can hold till the kool-aid gets to sweet? Curtis
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designerportfolio

01/24/07 10:41 AM

#4899 RE: lowtrade #4893

yeah speaking of patterns i came up with this interesting idea:

create a software chart scanner that looks for stocks based on the "ideal" chart setup--for eg, 9 month walk down, adx etc looking up; thus instead of looking at various technicals it merely acts as a visual guide--you wouldn't have to pump in various t/a details just place a chart you like in the system and up pops similar charts! Kinda like google only based on visual charts.

Wonder if technology is there yet for this dream?
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C C

01/24/07 4:44 PM

#4901 RE: lowtrade #4893

low...DNAG..what a beautiful chart...broke 200 DMA today
http://stockcharts.com/h-sc/ui?s=DNAG&p=D&yr=1&mn=3&dy=0&id=p36426140094


50 DMA may soon break 100 DMA by end of this week or early next week....depending on volume....?

todays volume was great...11.1 million...

looks like next resistance point is about .0177

cha-ching

ps...thought you might like to see cahrt