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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: pvz who wrote (14336)6/7/2002 5:34:47 PM
From: kodiak_bull  Read Replies (1) | Respond to of 23153
 
PV:

I didn't do any buying today (or yesterday, or the day before) at all.

On KEG, I don't think you're missing anything but the beauty of charts is we all look at them a little differently, and have different appetites for risk. Your candles say for the past 5 or 6 days: down (solid red), indecision (doji), down (solid red), indecision (doji) and then a white candle up on medium volume. If this were happening in a vacuum, I'd be closer to your camp. But it's not and I don't like the spectre of the shorter moving averages continuing down below the 50 dma or the widening of the Bollinger Bands at this point.

I'm not saying KEG won't be attractive to me (unlikely, though, this is really just an academic exercise since I think energy is fairly weak right now) on Monday after the open, but it just wasn't convincing enough for a Friday afternoon purchase.

Kb



To: pvz who wrote (14336)6/7/2002 8:53:54 PM
From: Warpfactor  Read Replies (4) | Respond to of 23153
 
pvz, kb:

I never really paid attention to "Tick" before, but I'm seeing some of the other thread bring it up here and there. And I know it is on my trading platform.

Here's the definition:

TICK

The TICK refers to each individual move from one trade to another in a stock. An UP-TICK means the price moved up on the last trade and a DOWN-TICK means it moved down. If there is no change from the last trade, the TICK is considered neutral.

The TICK statistic on the NYSE is the net of all UP-TICKs minus all DOWN-TICKs at a given point during the day. If 1000 stocks advanced on their last trade or TICK, 500 declined and 200 were unchanged, the TICK would be +500 (1000 minus 500 equals +500). The closing TICK is based on the last trade of the day. TICK statistics are available for the NYSE, Nasdaq and AMEX.

Can anyone define some key rules, guidelines and targets for the use of TICK?? End of Day and Intraday?

Warp