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CLI H&S Rate this Topic:
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pthegreat
Posted : Saturday, November 21, 2009 4:18:35 PM

Registered User
Joined: 6/15/2008
Posts: 1,356
Another one in H&S formation, but hasn't broken the right shoulder yet. if it does, it could drop down to around $22.50. Let me know what you think.



wwrightjuly4
Posted : Sunday, November 22, 2009 9:11:42 PM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954


DITO Observation for CLI,  Exit LONG, Not a short yet.

I can't trade for crap, but I can make a pretty chart thanks to blocks, i mean stockfinder


mccl
Posted : Monday, November 23, 2009 7:26:39 AM
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Joined: 10/20/2007
Posts: 27
Just to be curious, what are you using for your scan?  Thank you Mccl
wwrightjuly4
Posted : Monday, November 23, 2009 11:02:40 AM
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Joined: 4/10/2006
Posts: 954
Are you asking what rules and indicators are?  IF so.

I butchered the (10D high 10D low)  that was discussed in the other thread, to filter some of the signals, however it also filters some of the very good entrance exits.  (Jas, Booker ran some impressive stats on the method proposed by Ed as a buy/sell Entrance)  I took, his suggestion and create a buys for Above 90D MA and Sells for below 90D MA on first day after no new Highs, or Low as the case may be, or atleast that was one of my attempts (which appears to work well on the Nasdaq100) ,  I can list the above in detail, but it is really not well tested.  I think I created a bollinger band and a linear regression for exit conditions, I will have to check later when i get back.  i.e. if anyone wishes to discuss, else i will drop this.




Above I have shorts and longs but the conditions do not map to my intentions exactly.
wwrightjuly4
Posted : Monday, November 23, 2009 11:11:51 AM
Gold Customer Gold Customer

Joined: 4/10/2006
Posts: 954

Sorry,  I meant Ben2k9.   Not sure how I got ed from Ben.  I usually just call everyone bud.
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