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Biotech / Medical : AutoImmune-AIMM

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To: Pullin-GS who wrote (162)7/16/1997 10:30:00 PM
From: TATRADER   of 298
 
Paul, I got depressed thinking about spending my evening downloading 14,500 stocks, so you won't be getting the compressed zip file tonight..But I want to share with you another Day trader strategy....
It is called the Expansion Pivot...It plays around the 50 day moving average...
1) Today's range(high-low price) is greater than the daily range of the past nine trading sessions(AIMM, you did it today)
2) Either yesterday or TODAY the stock is trading at or below the 50 day moving average and explodes higher...(50 day is at 2.26)
3) Tomorrow buy 1/16 above explosion day high...That would put the buy orders hitting if the stock touches 2.65 for the ride to 3.31.....
4) Once buy is triggered set sell stop 1/16 below 2.50.....

My Bollinger bands remain very tight at 40 cents...We still haven't had the super explosion that I am expecting....My CCI broke 100 today as anticipated...Moved from 99.268 to 172.134....Higher high, Higher low, daily low not breached....MACD Histogram confirming strong uptrend....

Regards, Mark

P.S. If you get the Lizard indicator done, let me know....Go Paul!!!
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