mesayah
658 posts
msg #85255
- Ignore mesayah |
12/30/2009 4:29:12 PM
Has anyone even considered my pivot pint strategy where price seems to revisit it's point often, for instance,
X on 30 minute chart has a Pivot Point @ 49 and i think on the daily @ 35?
But here is the question. If this is legit, will it work for stocks that have fallen like crazy like
SRZ I THINK NEAR $30
AIG IF IT RECOVERS a 60 bagger
FNM a 30 bagger.
DOW on the weekly...took years but hit also.
So could it be a better strategy to look for way far off pivots and hold?
More free time with the family.
Anyone care to test this?
Someone take a look at this phenomenon. I've seen some take 3-7 years but it works often!!!
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mesayah
658 posts
msg #85256
- Ignore mesayah |
12/30/2009 4:33:41 PM
Dow Jones Has a Pivot at 13,300 and at 7900 so we see a runnup then a drop to 7000???
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karennma
8,057 posts
msg #85302
- Ignore karennma |
12/31/2009 9:28:22 AM
My POT gonna gap up this a.m.
:>)
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karennma
8,057 posts
msg #85304
- Ignore karennma |
12/31/2009 9:31:37 AM
POT .. yeah baby ..
gapped up $1.05.
:>)
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johnpaulca
12,036 posts
msg #85305
- Ignore johnpaulca |
12/31/2009 9:38:33 AM
Nice!!!!
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johnpaulca
12,036 posts
msg #85307
- Ignore johnpaulca
modified |
12/31/2009 9:48:13 AM
AU...long at $40.85...target around $41.29...stop at $40.74
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johnpaulca
12,036 posts
msg #85308
- Ignore johnpaulca |
12/31/2009 9:53:27 AM
TWM...long at 24.32...stop at 24.27
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johnpaulca
12,036 posts
msg #85311
- Ignore johnpaulca |
12/31/2009 10:16:27 AM
AU...closed it at $40.87....now see what happens with TWM.
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johnpaulca
12,036 posts
msg #85312
- Ignore johnpaulca |
12/31/2009 10:21:25 AM
TWM...out at 24.52...for 0.20 cents will re-enter if a double bottom occurs....5 min chart
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Eman93
4,750 posts
msg #85315
- Ignore Eman93 |
12/31/2009 10:46:37 AM
CHOP CHOP..........this sucks
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