>>You want a project?...look at the excite chart in micro.....and tell me in %age terms how far it goes below the 50DMA...when she dips. Might even convince me to set my buy 1/2 way into that percent for the bulk of the position.
You know that this is what I wanted, but my advisor said stick to the major. So now with a 3 week running head ache, I go here.
I don't have the access to TA charts, and all the plays I've done have been purely by feel, which I am proud of. But this is the stock that prompted my to learn about it, but with all, it has taken a back seat for a while. ya' know, no real(?) reason, blah, blah, blah. So, as scanty or incorrect as my results are, this what I come up with.
Aug. $16------14.5=10%
oct.$27------18.5=31%
nov.$30------20=32%
nov.-dec.---$29----22.5=22%
dec.----------$26----22.125=20%
average:
115/5=23%
50DMA at 38 X11.5%= $33.63
T-, I am still green here. Started out as mere observation. But I knew there was/is something to it, thus my intention to better understand how it works. As far as really mathing it out, your looking at the first. If It's close, we still have time to wait. thus my reffering comments (in last post) as being early. What I have observed in the past is the time frame is between has fallen in the 4-8 week range. and the"window" time is @2 weeks with a 4 week exceptoin on the last drop. I realize this is strictly pass fail, but is there credit given for intuition, or just getting on track?
I have a 1:30, so I just wanted to get something started. Please post corrections or give dirrection. I'll check back late afternoon.
**other points of interest: Yhoo is still down today, and below 50DMA.INTU, down today, but still above. CKFR, down, and below. And XCIT is up today!
HM, LCOS--honestly, I have ignored it, bad taste thing. But upon observations of current. my intuition says "getting ready"--I will look closer this p.m. |
