johnpaulca
12,036 posts
msg #109960
- Ignore johnpaulca |
1/8/2013 11:12:13 AM
DJI...getting close to an oversold bounce....10-min
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johnpaulca
12,036 posts
msg #109962
- Ignore johnpaulca |
1/8/2013 11:23:03 AM
NFLX($97.63)..if it closes below ema100 it could get wacked...10-min
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klynn55
747 posts
msg #109963
- Ignore klynn55 |
1/8/2013 11:48:06 AM
KR, youve found the bottom perhaps, what do you look for to get in, long!
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johnpaulca
12,036 posts
msg #109964
- Ignore johnpaulca |
1/8/2013 11:48:27 AM
DJI....bouncy, bouncy. This is what make my system so deadly....knowing when it's gonna bounce and scraping the loose change from the oversold stocks.
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johnpaulca
12,036 posts
msg #109966
- Ignore johnpaulca |
1/8/2013 12:28:42 PM
klynn55
289 posts
msg #109963
- Ignore klynn55 1/8/2013 11:48:06 AM
KR, youve found the bottom perhaps, what do you look for to get in, long!
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price action, at this point no indicator will help you, market is mean reverting and this is as close I can get...its not the holy grail but it's the best for my trading style. Best time to trade this is before 9:AM(MST) look for highly liquid stocks with high beta. Any good indicator i.e RSI will help you to navigate to the bottom, you'll have to find when your indicator is fully stretched.
My apologies for my encrypted answers but it forces people to do some leg work....hth.
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johnpaulca
12,036 posts
msg #109967
- Ignore johnpaulca |
1/8/2013 1:32:25 PM
johnpaulca
6,666 posts
msg #109927
- Edit message 1/7/2013 2:45:33 PM
TAP($41.99)...added to watchlist for an oversold bounce(tomorrow)
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bounce gaining traction
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klynn55
747 posts
msg #109968
- Ignore klynn55 |
1/8/2013 2:44:28 PM
TAP bounced pretty good today at 1100 am , 10 min chart, think it may have another tomm?
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johnpaulca
12,036 posts
msg #109969
- Ignore johnpaulca |
1/8/2013 3:06:23 PM
I was busy with WY, DTV and GME....all have the same pattern
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johnpaulca
12,036 posts
msg #109970
- Ignore johnpaulca |
1/8/2013 3:07:36 PM
KR....may bounce tomorrow, will keep an eye on it.
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johnpaulca
12,036 posts
msg #109971
- Ignore johnpaulca
modified |
1/8/2013 3:23:30 PM
WY....time to pack it in at $29.60...10-min chart
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