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     dug
Member
Username: dug
Post Number: 2823
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 12:48 pm: |  
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Want to GO Long?
No matter what happens,you're In with a Chance?
Pilgrims to MaMMon,
you've got to ditch Bottom Picking and picking Recoveries.
If a share makes a New High and especially an All Time Ever High and fabulously the ATH is hit early in the Shares existence,in these Troubled Times?
well,that's a pretty Supreme Indicator of such a share being a GOer.It's screaming at you to pay ATTENTION.
Anyway,that's what I'm going to follow,fellow pilgrims.
BUT my only access to the New Highs for the Day is the Financial Review.I can't so don't do cut'n'paste.
I propose we open threads within this thread to
a] cover each day's New Highs
b]charts and chat on each Days.There's unlikely to be that many numerically coming up each day at the moment.
c]We determine some Formula compatible to ONLY the IC programme for List Development[that'll save me shelling out $2.50/day for the bloody paper]
d]Any choices anyone makes from d'List [ie BOUGHT] are taken down to Short Term Topic and further discussion goes on there
and...d's enough for me at the moment.
cheers.
Even 'til Jaded.
Dig for the sake of it.
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coyotte
Member
Username: coyotte
Post Number: 419
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 01:31 pm: |
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SST
all time high
for what it means ?
cheers
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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dug
Member
Username: dug
Post Number: 2825
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 03:04 pm: |
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What it should mean,coyotte.
Take a look at SST.Doesn't seem to my eye to fit into a category I want to really Know about.
Bloody $10 share that is Highly Illiquid.Some danged thing that's named about Steam Ships!!?!!
Geez coyotte,know you're not Big on FA but doesn't even a Share's Name give you some Clue? Something for you to embrace or reject?
We have to come up with some Criteria for New High Following,coyotte but firstly we got to get the Pilgrims considering it as THE Contra Break Thru to d'Mindset of bloody Bottom Picking over rated Blue Chips!
See New Highs are a Fabulous mechanism in OverComing FEAR.
AND they sure Dismiss the amateur's Greed that drives the Patsys into wanting ALL the money in the Rise or only shares they been Told about.
New High is just TREND Spotting,coy ote.Ya're just looking for ATH to wave,Hey Look Over Here I'm Winning instead of scabing round in the Dust checking out the once Mighty NOW Fallen.
but there'll come some Examples one day,let's hope soon.
cheers.
(Message edited by dug on January 24, 2008)
Even 'til Jaded.
Dig for the sake of it.
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coyotte
Member
Username: coyotte
Post Number: 420
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 03:38 pm: |
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just threw it in DUG , only one that came up in a IC scan for the last 6 mths -- as i said what ever u make of it .
For a Long System -- whats wrong with Tech-Trader2
1: Stocks within the XJO and Margin allowed
2: Price >.99 and < $4.00
3: On a daily chart >180 ma and > 40ema
4: Has made the highest high for 70 days
5: has now crossed this high within 10 days to now be the highest high (within this period) and close > open
6: Stop -- initial 10% thence 180ma
This is a long term method -- the FA is taken care of by the fact that brokers are prepared to allow it to be margined
The price limits are to allow for at least a doubling in price .
The STOPS -- well i would like to see further development -- but that's the system and it works -- in a Bull market anyhow
cheers
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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dug
Member
Username: dug
Post Number: 2827
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 04:23 pm: |
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coyotte wrote on Thursday, January 24, 2008 - 04:38 pm:This is a long term method -- the FA is taken care of by the fact that brokers are prepared to allow it to be margined
ahh coyotte you trying to provoke lil ol' me into being dis-respectful,are you?
Let's not get into bloody playing with Borrowed Money as Endorsed by bleeding Brokers!!
and really we have a Moral Obligation,at least, to HighLight the Practical Uses of Only the IC Programme.
I'm sure that a run of IC criteria can produce the required list.I just want to check my formula against someone elses.
and Just because the price or profile of the share mightn't suit me,doesn't mean some of the Great Unwashed out there in Viewer Land might not pick it up and run to Riches with it.
But yes,coyotte All Time High can be defined into narrower Time Frames than a Year.I was keeping that in "Reserve".
cheers.
Even 'til Jaded.
Dig for the sake of it.
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eric
Member
Username: eric
Post Number: 182
Registered: 09-2006Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 04:29 pm: |
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You can get the 52 weeks high on my web site, if you are so inclined.
Eric
www.tradingaustralianshares.com
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morton
Member
Username: morton
Post Number: 92
Registered: 05-2005Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 04:49 pm: |
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This is the system i play. It works really nice.
What is your intended holding time and stop loss method? This is most important.
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eric
Member
Username: eric
Post Number: 184
Registered: 09-2006Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 05:34 pm: |
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Morton, which is the system you play and referring to?
Eric
www.tradingaustralianshares.com
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coyotte
Member
Username: coyotte
Post Number: 422
Registered: 12-2002
Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 07:29 pm: |
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Dug
was not trying to provoke you or anyone else .
just stating the rules and reasoning behind this system.
disregard or adjust them as you wish .
Tech-Trader2 is a system not software -- u can use a IC search for it and IC has all the required tools ( just MAs )--- or check out it's development at ReefCap .
being a Trend Method it may not be suitable in the current market which i would would have thought required Volatility Methods.
no malice was meant or implied towards you -- sorry if you felt otherwise -- i'll just but out
regards
coyotte
(Message edited by coyotte on January 24, 2008)
(Message edited by coyotte on January 24, 2008)
The "Sea of Uncertainty" is defeated by the nimble vessel "Probability", not the unwieldy vessel "Prediction".
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rockon
Member
Username: rockon
Post Number: 246
Registered: 08-2003Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 08:26 pm: |
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52 week highs/lows updated every 20 mins I think.
http://clients.weblink.com.au/clients/equitiesinfo/
(Message edited by rockon on January 24, 2008)
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philr
Member
Username: philr
Post Number: 347
Registered: 04-2004Rating: N/A
Votes: 0
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| | Thursday, January 24, 2008 - 08:48 pm: |
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So MCH is a new high, liquidity would be a big problem with that one.
Phil
** Let blockheads read what blockheads wrote.
Warren Buffett
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dug
Member
Username: dug
Post Number: 2830
Registered: 07-2005
Rating: N/A
Votes: 0
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| | Friday, January 25, 2008 - 10:20 am: |
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Thanks eric and rockon for the New High Links.
yeah morton,a bit more info on your personal experience and/or findings would be educational.
coyotte-lighten up!!It was an Opening Line.
ya're in line for d'philr "Award" for narrow reading and not going over ya thought patterns [See Daily Bread today]
philr-you were "disrespectful" to Cat Lady too in not comprehending her post.Whotcha doin' phil?Applying ya Wazza Buff quote to "d'chicks"!!
cheers.
Even 'til Jaded.
Dig for the sake of it.
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lafee
Member
Username: lafee
Post Number: 761
Registered: 04-2003
Rating: N/A
Votes: 0
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| | Monday, January 28, 2008 - 08:58 pm: |
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Dug,
I think new highs is not extreme enough if you want maximum bang for your buck potential. If your system is designed to buy small parcels of stocks that do things like FDL, HAO, GDA, MAK & ORO have done recently you will one day be the large percentage holder of a medium/large company.
Cheers Lafee
Don't ask an academic if what he does is relevant
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