Berney; RE:" Mersey Beat "
>The funny thing about today was that when I sold BLS at $47, I put GTC buy orders in at $44 3/8. The price was falling so fast this afternoon, that they were filled at $44. The stock just amazes me !
...it amazes me, too! The 90-minute looks like a Roland rhythm machine playing house music at some West-End rave or something :-)
orbiting about the 50d EMA now...
geocities.com
...the BLS,195 candlesticks are kinda interesting, too; you'll have to use quote.com to set your own time-slices like this. 195 minutes = 1/2 session, fwiw.
quote.com
Yesterday @ CLOSE was just another perfect friggin' time to go long the PNX.X - Phone Sector Index... right on the magic line, that baby turned around on a dime. Just amazes me, TB.
geocities.com
That was BigT, pullin' the freight today !
BTW, I checked in at the local P&F sand-box, and got a few public and private responses to requests for chart-generators, but none of them looked any better than what we already got. Nobody is doing intra-day P&F, with say, 1/2 point resolution by 1 or, 1-1/2 point reversal to filter out the noise. j'assume that they're using either closing prices or, some interpolation of the daily bars to generate their charts.
The P&F folks tend towards momentum trading, so they look for break-outs and break-downs, upon which they jump-in and ride along, (pulling a red STOP caboose behind?) An interactive, streaming P&F chart with variable resolution, like our existing chart generator tools, would be a fascinating thing to study.
-Steve |
