pthomas215 1,251 posts msg #135294 - Ignore pthomas215 |
4/6/2017 9:17:37 AM
AMD below support level of 13.60 this morning in pre market. a seemingly good buy at 13.45.
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pthomas215 1,251 posts msg #135297 - Ignore pthomas215 |
4/6/2017 10:29:39 AM
AMD new support level at 12.89
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Mactheriverrat 3,153 posts msg #135300 - Ignore Mactheriverrat |
4/6/2017 11:40:51 AM
Well this #ucks!
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pthomas215 1,251 posts msg #135302 - Ignore pthomas215 |
4/6/2017 11:48:28 AM
i know. I was reading the rumblings last week from wall street insiders. this is what I learned this week.
1) we are not smarter than our system
2) our system is not smarter than fundamental analysis
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Mactheriverrat 3,153 posts msg #135303 - Ignore Mactheriverrat |
4/6/2017 11:50:05 AM
Previous resistance and old recent support levels 12.38 to 12.42
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Mactheriverrat 3,153 posts msg #135305 - Ignore Mactheriverrat |
4/6/2017 12:54:52 PM
OUT AMD WITH A LOSS!
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pthomas215 1,251 posts msg #135306 - Ignore pthomas215 |
4/6/2017 1:25:51 PM
it happens mac. when I take a hit, I pull up the Valeant Pharmaceuticals article where Bill Ackman invested 1 Billion and lost it all. It will put you in a good mood.
I like Graftonian's GUPPY filter. it's pretty good. I dont hold long..just scalp and move on.
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graftonian 1,089 posts msg #135307 - Ignore graftonian |
4/6/2017 2:23:48 PM
Thanks PT. I've been tinkering with a new filter, primarily focusing on expansion/contraction of the trader group. Ran a quick and dirty manual backtest last night, with pretty good results. I'll try to get the filter cleaned up and post it in the "public filters" section
Graf
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pthomas215 1,251 posts msg #135308 - Ignore pthomas215 |
4/6/2017 2:51:30 PM
Graftonian, fantastic. I have been tinkering with the same concept but I havent created anything worth sharing. what I did notice through backtesting is more times than not, you see expansion of short term above long term, then contraction, then expansion. meaning I didnt see a breakout happen when price action came from below averages.
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pthomas215 1,251 posts msg #135311 - Ignore pthomas215 modified |
4/6/2017 8:04:33 PM
Graf and Mac--is it just me, or is CARA on it's way to $20+ ?
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