Replies to post #61305 on WEALTH UNIVERSITY

[QuillandPenn]

re: RIMM
re: Woodie CCI(20)

IHUBfan,


the longshot indicator is the Woodie CCI(20) indicator with a buy on 12/3 @ 35.40 crossing the -200 line and heading upwards. I would then have to wait until it comes up and over the +200 line. Sell when it comes down below the +200 line.

Usually an indicator pops up (red wedgie) to sell (green wedgie to buy) the stock when playing the Woodie CCI. Most traders use the -100/+100 lines.

http://stockcharts.com/h-sc/ui?s=RIMM&p=D&yr=0&mn=2&dy=0&id=p28505444825 I would keep an eye on the +100 line. If it goes up and over, place your finger on the trigger. It it drops below the +100 line pull the trigger.

Hope this can be of some assistance.

Quillnpenn

[QuillandPenn]

re: RIMM as a follow up.

IHUBfan,

as an exercise with RIMM using the 15 minute chart and the Woodie CCI(20)

Buy on 1/5 at 3:30 @ 43.25 at the -200 xover and then a Sell signal today 1/6 at 2pm @ 45.93.

Lucky day today for the Woodie. Sometimes it goes on for days before a buy or sell signal appear. It is like watching a turtle race.

Best regards,
Quillnpenn