Mags

Discussion in 'Trading' started by Toonces, Apr 7, 2004.

  1. RIMM all time high was 148 on 3/12/2000
    ASKJ all time high was 186 on 11/16/1999
     
    #61     Apr 12, 2004
  2. TBUS all time high on thursday 8.60 after 3226 days. Previous all time high 7.75 on 6/9/1996. Watch the fun today.
     
    #62     Apr 12, 2004
  3. dude are you tapping my broadband

    :D

    another fine example of base breakout

    also, my "supplemental factors"

    - Group B+

    - 4 Million shares outstanding

    - terrorism/security catalyst exists

    see ya
     
    #63     Apr 12, 2004
  4. Seems like there must be a free/inexpensive service out there to scan for all time highs?
     
    #64     Apr 12, 2004
  5. Bob111

    Bob111

    TBUS-wow
     
    #65     Apr 12, 2004
  6. No. Not that I am aware of. You should be able to do it in most programmes.
    I have a custom built software for this, which imports data from TC2000 and runs the scan and gives an alert once price cross all time high ( ATH). It has other functions like whether it is first time ATH or second time and IPO date and a way to calculate stops.
     
    #66     Apr 12, 2004
  7. Watch NUTR which made an all time high four days ago after 2204 days. It might pop up soon.
     
    #67     Apr 12, 2004
  8. you've mis undertood several point in my last post.

    I never said ATR had anything to do with a chart pattern. I was only trying to point out that two people may use different names for the same thing. Read it again, I think I made myself pretty clear.

    Nor did I say ATR was a filter. Maybe you don't know much about filters. Filters contain various criteria which make up rules that a stocks stats need to meet in order to enter the filter. For example, one filter rule could contain an ATR value.

    In my last post I was pointing out that Avg20DRng is one of my filter criteria. In one of my proprietary filters it reads: Avg20DRng > .70 This criteria ensures that any stock that pops into my filter has a 20 day ATR of greater than .70 cents. This same filter says the stock must be above its 10 day EMA.....and so on and so forth.

    So again you see, it did turn out to be semantics. Avg20DRng is another way of saying ATR (20).

    Never did I say ATR was a filter, nor did I say it was a chart pattern. Please paste the part of my post where I've said this and I'll stand corrected.


    Wow....all this huff just to get the diffinition of something I already use on a regalar basis.

    Thanks to the gentleman who gave me the mathematical definition of ATR....without all the attitude.
     
    #68     Apr 12, 2004
  9. mic414

    mic414

    Interesting to see how different views clash.
    However, the more time I spend with trading, the firmer my belief is that strategies, systems, backtesting etc. is not enough. As bill said in one of the post: you need to have good intuition.

    I read in a book that you need to spend 3-5 years in a given field to become a master of it. In some fields it may take much longer, e.g. chess. In other professions, it might take less. The key here is that with all the experience you gain, you build up a hidden power of understanding things, called intuition. You cannot use it directly. You just feel it, know it.

    That's why bill's system won't work in backtesting. You won't have bill's intuition in the backtesting system.
     
    #69     Apr 12, 2004
  10. taodr

    taodr

    Look how wild MACE is today. Up 100% already 22 Mil shares.
     
    #70     Apr 12, 2004