Re: [amibroker] Re: How to catch a "falling star' ?, AmiBroker Email List Archive

To catch it right at the bottom, you have to be a day-trader willing to ride it down, then reverse as many times as it takes to latch on to the next trend. Look for logical support and resistance in the small moves, and one may turn into a big move. A stock may only spend a few seconds or minutes at the bottom.

Overnight anything can happen to a big mover... very dangerous as stops can be gapped!

Best regards,

Dennis

On Jan 17, 2008, at 1:54 PM, Natasha ~~!!! wrote:

The
problem is how does one catch these "falling stars" at just the right
time.

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       catch them when they start bouncing . ...

something like on a second bounce with a higher bottom . or a third bounce with a higher bottom ...

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On 1/17/08, Ed Hoopes <reefbreak_sd@xxxxxxxxx> wrote:
The founder of the newspaper Investors Business Daily - Willian J.
O'Neil has written a book "How to Make Money Selling Stocks Short"
describes a technique using 50 and 200 day moving averages. I have
written some simple Explorations to find stocks with the properties
described in the book.

ReefBreak

--- In amibroker@xxxxxxxxxxxxxxx, "Joe Mann" <j.mann000@xxx> wrote:
>
> Why don't you try shorting them?
> Regards,
>
> Joe
>
> -----Original Message-----
> From: "areehoi" <areehoi@xxx>
>
> Date: Wed, 16 Jan 2008 18:18:31
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] How to catch a "falling star' ?
>
>
> As we all know there are a bunch of "falling stars" in this current
> market. Just look at the new 52 lows and you will see a lot of
> quality stocks. For instance Intel is down $2.69 so far today. The
> problem is how does one catch these "falling stars" at just the right
> time. Stan Weinstein talks about this in his book. I've used an
> exploration based on his ideas (and other similar ideas) but never
> came up with anything solid. Does anyone have a good
> Indicator/Exploration along these lines? If so your response will be
> appreciated by all.
>
> Dick H
>

--

    Warm Regards;
      ``````  Natasha !!!
To achieve, you need thought. You have to know what you are doing and that's real power.