| ICanSee4Miles |
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Gold User, Member, TeleChart
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| Registered User |
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| Unsure |
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| Wednesday, December 8, 2004 |
| Wednesday, October 25, 2006 3:33:07 PM |
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You reap what you sow....... If you want insight and useful replies to your post you need to be specific. Bullish is hardly specific. What are your settings on the indicators? Over what time period are you basing your "bullish" comment? Are there any divergences thatare noteworthy?
Quite frankly I was asking for your specificity because I do not share the "bullish outlook" you do, and thought we could have an exchange of philosophies.
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I just looked at the chart and would be curious as to your reasoning of why it is ready for a pop.
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How can you scan the Industry Groups to find the leading ones? Or more importantly when they begin to rotate in and out. My belief is that when institutional money moves to a sector and begins buying that sector will begin to move up on the list, that is when you want in, once it actually gets to the top, its basically over. Help please
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Something I posted back in February might help .....
I personally have worked from the angle of what am I trying to do, ie short, intermediate or long term. For short time frame, I roll back time on the chart and look at where I would have wanted buy signals and note them then install TSV over the price and starting at 9 tweak it until I get it to "call" 75% of my previous buy signals. Now your actual signal could be crossing up through the zero line or crossing it MA that is up to you. Then when I get it where I want it I move it to its own window. Sounds like a lot of work and it sure would be easier if backtesting was part of TC, but when you get it to "call 75% of your buy signals and then combine it with a positively divergent MS and is transitioning from a negative or nuetral BOP it is a great combination. I have not worked with MACD much so I will not comment on it. The trick is to go through your chart without any indicators, and with the particular mindset of short, medium or long timeframes and make a decision purely on price points THEN adjust TSV to go along with those. Hope that helps.
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The only positive divergence I see is MS back on 11/29 not nearly enough, let this dog lie.
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With all due respect, I think that is like saying the Titanic is still a good ship cuz it only has one hole in it.
How about these coming off the bottom, LOUD, CBB, INFS, UMC, these may be ripe for the picking.
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I personally have worked from the angle of what am I trying to do, ie short, intermediate or long term. For short time frame, I roll back time on the chart and look at where I would have wanted buy signals and note them then install TSV over the price and starting at 9 tweak it until I get it to "call" 75% of my previous buy signals. Now your actual signal could be crossing up through the zero line or crossing it MA that is up to you. Then when I get it where I want it I move it to its own window. Sounds like a lot of work and it sure would be easier if backtesting was part of TC, but when you get it to "call 75% of your buy signals and then combine it with a positively divergent MS and is transitioning from a negative or nuetral BOP it is a great combination. I have not worked with MACD much so I will not comment on it. The trick is to go through your chart without any indicators, and with the particular mindset of short, medium or long timeframes and make a decision purely on price points THEN adjust TSV to go along with those. Hope that helps.
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Hi,
Is it possible to sort the individual sectors by lets say MS or BOP? If so would the change of BOP from a positive to negative be an indication that the institutions are moving to that sector, thus coming to be "in favor"
What I am trying to do is find when the institutions are changing sectors and move with them.
Thanks
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Take a look at SYXI on a daily chart zoom=4 it appears to be a sideways triangle ready to break. All the MA's are stacked and it just topped the 20 MA today. Also MS is flying high. Volume is hard to get a grip on but OBV is at the ceiling, Aso tsv does not look bad...... any comments welcome.
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I will look at it again thanks.... anybody else have any thing to say on CMGI.. please feel free
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