karennma
8,057 posts
msg #79824
- Ignore karennma |
9/22/2009 10:18:21 AM
Kev:
I bet you BBs say "C" is overbought ..?
:>)
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Kevin_in_GA
4,599 posts
msg #79825
- Ignore Kevin_in_GA |
9/22/2009 10:35:30 AM
Kev:
I bet you BBs say "C" is overbought ..?
:>)
Not even close. Citi has only today crossed the centerline for the BB. It did, however, either close very close or below the lower BB on 15 September at $4.12. Moved up 11% since then.
Plenty of room to run if it wants to - at least acording to the BBs.
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karennma
8,057 posts
msg #79827
- Ignore karennma |
9/22/2009 11:00:55 AM
Kev:
Really?
Do you know how to post charts, so I can SEE your BBs?
:>)
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karennma
8,057 posts
msg #79828
- Ignore karennma
modified |
9/22/2009 11:01:27 AM
Kev:
If not, what BB settings are U using ... 20.2 or what?
:>)
and timeframe ... ?
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karennma
8,057 posts
msg #79830
- Ignore karennma |
9/22/2009 11:16:55 AM
"C" up so huge.
Time to get out @ $4.65!
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Kevin_in_GA
4,599 posts
msg #79832
- Ignore Kevin_in_GA |
9/22/2009 11:34:22 AM
Settings are 16 for the moving average, and 2.5 as the SD. These are based on an optimization of these variables against 458 IBD top rated stocks for the past two years. I'll run a quick optimization for C and let you know the best settings.
EDIT: Just ran it - C does not really conform to this approach. No good settings were found that would give you a profitable trade consistently. Hmmmm ...
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karennma
8,057 posts
msg #79833
- Ignore karennma |
9/22/2009 11:51:22 AM
C @ $4.64 .. preparing for next leg UP!
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karennma
8,057 posts
msg #79834
- Ignore karennma |
9/22/2009 12:24:18 PM
I think that $4.68 was a double top on "C".
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karennma
8,057 posts
msg #79835
- Ignore karennma |
9/22/2009 12:38:13 PM
$4.67 is new resistance for "C".
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johnpaulca
12,036 posts
msg #79837
- Ignore johnpaulca |
9/22/2009 1:09:06 PM
VIX back at 23 could bounce here.
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