Mactheriverrat 3,178 posts msg #148727 - Ignore Mactheriverrat |
7/29/2019 9:44:05 PM
How about OSTK - Monday it posted about 1/3 of its weekly average volume and that's just one day of five for the week.
http://screener.nextbigtrade.com/#/symbol/ostk

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Mactheriverrat 3,178 posts msg #148728 - Ignore Mactheriverrat |
7/29/2019 10:13:09 PM
@ ed
I think on that web site that its the price from the ma30
also when I load mine its default is the ema9- You can change to ema30 and it will unless you close internet explorer
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karennma 8,057 posts msg #148737 - Ignore karennma modified |
7/31/2019 8:49:40 AM
I have not gotten the book yet, so ..
To those of you who have read the book ...
Are you able to foresee stage 3 coming?
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Mactheriverrat 3,178 posts msg #148738 - Ignore Mactheriverrat |
7/31/2019 10:36:55 AM
KL is a prime example of s stage 2 going to a stage 3. Then it went back to a stage 2 (buy). KL is still in a stage 2.
Here is a screener that shows KL and the stage its in.
http://screener.nextbigtrade.com/#/symbol/kl
and group with lots of good info and a couple of posters that give continuation breakout suggestions on a day by day basis.
https://stageanalysis.net/forum/forumdisplay.php?fid=1
It might be a great idea of getting the book. Yes it is a old book (1988) and the charts are kinda hard to see but the theory is the same just as the video I posted in this same thread. Its a good add to any investing books library.
Mactherriver
( John )
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volvlov 32 posts msg #148739 - Ignore volvlov |
7/31/2019 1:43:06 PM
I sense a shift from gold and semi-conductors to energy and medical. Anyone else?
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graftonian 1,089 posts msg #148741 - Ignore graftonian |
7/31/2019 3:10:49 PM
Indeed, gold is losing its glitter
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Mactheriverrat 3,178 posts msg #148742 - Ignore Mactheriverrat |
7/31/2019 3:21:10 PM
Powell speaks and everything takes a dump-
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nibor100 1,103 posts msg #148744 - Ignore nibor100 |
7/31/2019 7:52:36 PM
@Mactheriverrat,
When I posted the data regarding the starting dates of Stage 2 runs in the book, I was just showing facts and was actually glad that he had some charts from many different years.
I was not intending to be negative regarding the book due to its age, a good idea is a good idea no matter how old it is.
I just wish I had bought it when it was written,,,
@karenma,
I guess foreseeing Stage 3 depends on what you mean by foresee,
Generally, a Stage 3 is forming when the 30 week moving average starts to flatten out instead of rising, and the Mansfield relative strength line does the same or starts to descend.
There are a couple chart patterns and trend line observations he uses as confirmation; but most of that are observations as the stock, sector, or market enters a Stage 3, not really forecasting ahead of time.
He is a big believer in Stops for protecting profits which makes me believe he doesn't feel he can foresee Stage 3s and 4s well enough to not use Stops.
Ed S
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Mactheriverrat 3,178 posts msg #148746 - Ignore Mactheriverrat modified |
8/1/2019 11:42:21 AM
@ED There was no offense taken. Weinstein's theory is good idea consider that his book 31 years old or older. Back in 1988 there was very little online trading for the average Joe. Things have come a long way.
As far as OSTK was a stock at the resistance line even if its just starting its stage 2. Still studying stocks on their initial breakouts vs continuation breakout. Plus stocks that have had their initial breakouts and really start to gain uptrend strength.
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karennma 8,057 posts msg #148747 - Ignore karennma modified |
8/1/2019 12:06:48 PM
Mactheriverrat
2,077 posts
msg #148742
- Ignore Mactheriverrat 7/31/2019 3:21:10 PM
Powell speaks and everything takes a dump-
======================================
Seems yesterday was a temporary blip - or "glitch", as Prz Trump would say.
Honestly, at this point, I can't believe a correction hasn't started.
It's August!
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