Lizard King's Trading Swamp Message Board

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Strategies & Market Trends : Lizard King's Trading Swamp

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To: Christopher who wrote (5342)	3/23/1998 11:52:00 AM
From: TATRADER	Read Replies (4) of 7396

Yes, I have read Cooper's 5 day momentum method...Basically, you look for stocks where the +D1 is greater than -D1 and where ADX is 35 or higher....Then you watch the fast stochastic 8 day, when it reaches an oversold condition....On my WOW 5 professional version that is a reading of 20 or less...When the stock begins to move out from its oversold condition and surpasses the previous day high, you nail it...Cooper is a master at attacking continuing momentum...I recommend anything he writes...It is not garbage, it is good...But you have to apply other trading strategies to increase your odds at success on each trade... My TLSP is doing unbelievably well today...I don't know who told me to look at that stock, but I did, and am glad I did...Was it you Sandra? Secondly, BNYN had its shakeout, and I am holding tight for huge profits.... Will give SIII a few more days...Patience wearing thin...Mark

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