Cents and Sensibility - Kimberly and Friends' Consortium Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: kumqwatt who wrote (9540)	6/24/1999 11:23:00 PM
From: Ga Bard	Read Replies (1) of 108040

Well it came off .07 and flew to .81 ... 3 news rleases and it has done nothing basically but fall. I am estimating here based on my own personal math but I think .25 - .32 is the new floor ... This is why I have not bought it. Missed it on the momentum run. I like to get into one the floor. Sometimes my calculations are off and I have to average down. Figuring floor math: I take the old floor which was .07 and the run peak which was .77(bid) then divide the .70 difference to get .35 plus the .07 = .42 then take 70% of that which would make the .42 .29 so I adjust the monitor if the DD is sound to split that figure which is .25 - .32. Now sometimes you can miss it because it does not quiet hit that low. If you change the varible of the floor to .10 then of course the new floor also changes. .10 would make it at this level to start buying and be prepared to average down one time maybe two. Hey we got our systems. If news is forth coming it will run again . GB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next