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Thanks Martin.  YES, it must

15 Min Charts

Posted by finam on 23rd of Apr 2008 at 07:53 am

Thanks Martin.  YES, it must be the cookies.  I have to delete my temporary files often as they clog up my computer.  So now after I do, I'll redo the Log me in Automatically again.  Maybe I don't have to delete the cookies as often.  I'll play with it.  THANKS AGAIN.

One thing that I have

daily, and intraday charts

Posted by finam on 22nd of Apr 2008 at 09:50 pm

One thing that I have noticed is that sometimes Negative Divergence is clear on one Chart but not clear on another.  (15 Munute vs Daily etc and also Nasdaq versus S & P)

One chart may warn that it could happen on the others. Maybe that is why we check so many different charts.

15 Min Charts

Posted by finam on 22nd of Apr 2008 at 09:46 pm

Matt:  I opened my Stockcharts account and then was able to view your 15 Minute charts just fine.  I'll just remember to open Stockcharts first from now on. I like the dynamic up the top for the Nasdaq and S & P and THANKS for making that the latest one with your comments.

I do have a membership to Stockcharts and usually have it open when I save your charts.  Something must have just got messed up today.

One more thing.  When I click on the 15 Minute links at the top - they come up as daily?

Does anyone else have this issue?

Matt:  I opend the ones at the top of the blog and they don't have your most recent comments.  I really like your comments.

Is there a way that your programmer can over write the most recent comments on these charts? 

Then we would just need to click on them and get your most recent comments each time.

If you subscribe to Stockcharts

dynamic vs static

Posted by finam on 22nd of Apr 2008 at 02:53 pm

If you subscribe to Stockcharts then you can save all of Matt's comments on the Dynamic charts as he makes them (which I find a GREAT tool to learn from)

Someone already told us how to do that but you open the chart.  Click on Annotate. Then UPLOAD to whatever personal chart list you have saved.

I think it is worth having a Stockcharts membership if you follow Breakpoint trades (especially if you still have something to learn about Technical trading - like me)

SPX 15 Minute

Market update

Posted by finam on 22nd of Apr 2008 at 02:32 pm

Matt:  This is the chart that I was wondering if you could post as DYNAMIC when you post it so that we can save your comments?  THANKS,  FinaM

S & P 15 Minute

Posted by finam on 22nd of Apr 2008 at 01:45 pm

Matt:  I can't thank you enough for educating me to read the 15 Minute charts of the S & P.  I did buy the short side yesterday and I see that this is usually a several day situation and NOT just a day trade.

It seems to be one way to get ahead of this crazy market and just watch the divergence and trade it long or short as it crosses up over the 20 STOCASTIC or dowm below the 80 SLOW STO.

I am also going to wait to see what happens with DIG instead of trying to call the exact top.  I am finding out that waiting for the crossover gives us a better chance overall.

FinaM

Watchlist Volume

Posted by finam on 22nd of Apr 2008 at 10:56 am

Here are the top Watch List volumes as of 7:45 ish today:

PDE  Volume + 754: Price + $2.24 (best one of the early morning)

CRUS + 503: Price - $.09

HERO +125: Price + $.23

DROOY + 123: Price - $.06

DIG + 116: Price Flat (Up $.13)

GLD + 112: Price +$.59

Most of the other picks are down in volume as they are down in price.

SDS

SPX 15 min chart

Posted by finam on 21st of Apr 2008 at 03:24 pm

Thanks for the SDS info Matt.  I actually bought this morning before I left Reno. (Just a small position)

Now I'll watch for the next leg down. (or up after the Stockastic goes below 20)

By looking at S & P 15 minute charts, it appears that we can spot short term reversals, especilly if they have divergence in the Mac D or the start turning down below 80 Stockastics. (or Up above 20)

I am reading John Murphy's book "Technical Analysis of the Financial Markets" and it is explaining much of your analysis to me.

I use the Conditional Trades

Watchlist Volume Update

Posted by finam on 21st of Apr 2008 at 10:30 am

I use the Conditional Trades at Fidelity and can place BOTH a Stop and Target price and "one cancells the other" as I don't watch all day and am travelling today.

What works pretty well to see the triggers and volumes is to put all the watchlist stocks on IBD and they automatically update each stocks volume relative to its 50 Day.

SNDK and RIO both triggered on higher than average volume so will hopefully stay above the stop loss. I am still not yet into full positions as we still don't have a clear trend.  BUT I have been sitting on cash for a long time now and think it is time to tread back in.

I LOVED the video update and now watch the S & P 5 Minute charts whan I am online and the Slow Stockastic has turned down below 80.  I would like to use this or something similar as entry and exit points for QLD and QID.

Watchlist Volume Update

Posted by finam on 21st of Apr 2008 at 10:11 am

Here are some of the top Volume from IBD other than MAT  which is down in price.

VQ Volume +274

CMZ +132

PWE + 127

SNDK +116

RIO +13

I already have PWE but bought RIO and SNDK this morning.  THANKS Matt for the trigger update on SNDK.  It does look good.  FinaM

ADX Video

BPENER System Video

Posted by finam on 20th of Apr 2008 at 06:31 pm

Matt:  Thanks for the video with the ADX clarification.  My chart that I have saved on Stockcharts does not have the ADX inputs.

Could you post one that we can save with the ADX please?

GREAT VIDEO,  THANKS,  FinaM

Doger:Those technical buy signals are working pretty well on most of the watch list stocks. I have bought several off the watch list and find it works well if I just keep raising my stop.  What do you guys think about setting trailing stops and tightening them up after a gain?

Matt:  THANKS for keeping my but SHORT gold. Today was an awesome day! Even with Oil going up.  I was travelling much of the day so look forward to your Sunday night update.

Since I am a longer term investor, I would love to consider QLD or QID as you think them appropriate (for anything over 3 days)  I saw your QLD chart and like it but realize that there may be some short term pull back after such a strong day today.

Enjoy a break this weekend.  FinaM

Update

Posted by finam on 18th of Apr 2008 at 03:06 am

Matt:  I tried the update from a different computer and it worked just fine so it must have been an issue with my laptop.

Thanks for the great update.  Now we just have to see what happens tomorrow.  FinaM

Matt:  I too would also

Posted by finam on 14th of Apr 2008 at 08:03 am

Matt:  I too would also like to hear about your view on CLR.

The Fundamentals are amazing. It is also the only stock that I currently am holding.

If this pattern has a good chance of advancing in a Bull OR Bear market, it may be worth looking into further.  It is clearly in an UP channel that is not sustainable forever. I am wondering if you think it might be worth adding to my position to make some money on it while it lasts.  FinaM

Thanks Chart 6.  I have

Posted by finam on 14th of Apr 2008 at 10:24 am

Thanks Chart 6.  I have the charts on Stockcharts.com also. I liked your comments on your original chart of CRL. 

Matt:  I was wondering if you think it is too late to ad to this position?  The RSI is at around 70 but I still think that it could have a way to go yet.  My main concern is that if Oil is getting toppy that it could break down fairly hard as it has already had a good run up.  Thanks FinaM

Chart 6 and Matt:  I

Posted by finam on 14th of Apr 2008 at 10:26 am

Chart 6 and Matt:  I meant CLR (the CRL was a type)

Chart 6:  I tried to

Posted by finam on 14th of Apr 2008 at 09:26 pm

Chart 6:  I tried to open your link (and had my Stockcharts open) but it gave me a message to refer to stockcharts.com for it.

Not sure how to open it.  Did any one else have this issue?  Thanks,  FinaM

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