StockFetcher Forums · Filter Exchange · how to find the safe bottom entry on slams<< >>Post Follow-up
MARY4MONEY
806 posts
msg #50331
- Ignore MARY4MONEY		 3/1/2007 11:45:08 AM

you use the 5-30 minutes rsi(2) and look for a big pos divergence >65%-this leads to very explosive moves- like on the qqqq the safe entry using 10 minutes was at 42.48 with a +71% 15 minutes was +73% at 42.59 and for the 20 minute bars it was 42.70 a +77% and you can see what has happened once it hit 42.70-----now has a high of 43.43 si far and counting-- remember the qqqq has a float of abouty 500 million shares-so when the qqqq drops -450-750 million shares on the obv you will near a bottom--
StockFetcher Forums · Filter Exchange · how to find the safe bottom entry on slams<< >>Post Follow-up

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