Kevin_in_GA
4,599 posts
msg #80557
- Ignore Kevin_in_GA |
10/2/2009 2:53:08 PM
Sold NUS yesterday at the open for $18.56. It dropped yesterday like almost every stock did, closing at $18.31.
Today - it exploded back up, now at $19.52. Makes me wonder if I should think a little bit more about alternative exit criteria.
Example - when it closes above the UBB, you place a trailing stop at the MA(16) centerline. That way you keep profit, but let the stock run as far along the upper band as it may want to.
Might look at this for past trades and see if it would work or not. Something to play with over the weekend!
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gabestogie
79 posts
msg #80560
- Ignore gabestogie |
10/2/2009 3:10:31 PM
kEVIN:
I like that. Perhaps an alternative would be a tight Trlg. stop (1%) at the upper BB to give it a chance to run more and then a re-entry point off of a BB center. I'll play around also. As we know they will not all run past uppr BB and the ma16 may.@#$%^
Oh well something to workout, worth looking into.
Gabe
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Kevin_in_GA
4,599 posts
msg #80562
- Ignore Kevin_in_GA
modified |
10/2/2009 3:34:48 PM
The CONFIRMATION filter has 2 hits from yesterday:
RADS and TAST
Will not buy either until Monday morning, after I have done a little DD on them.
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Kevin_in_GA
4,599 posts
msg #80568
- Ignore Kevin_in_GA |
10/2/2009 5:48:16 PM
I like that. Perhaps an alternative would be a tight Trlg. stop (1%) at the upper BB to give it a chance to run more and then a re-entry point off of a BB center.
+++++++++++++++
Then you would have been stopped out on NUS below where it is now. That why I think you need to give the stock "breathing room" from the UBB to the median line.
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Kevin_in_GA
4,599 posts
msg #80569
- Ignore Kevin_in_GA |
10/2/2009 6:16:56 PM
02 OCTOBER 2009
CONFIRMED BUY Signals: RADS, TAST
AWAITING CONFIRMATION: ACTG, AEPI, BAMM, BBV, CBOU, CHDX, EEFT, FIS, GENT, ITWO, JDAS, LAD, MFB, MHS, RBA, SMRT, SMSI, SWKS, TNS, UHS
SELL Signals: NONE
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gabestogie
79 posts
msg #80570
- Ignore gabestogie |
10/2/2009 6:47:56 PM
KEVIN:
Your correct, don't know what I was thinking of.
Gabe
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Kevin_in_GA
4,599 posts
msg #80571
- Ignore Kevin_in_GA |
10/2/2009 7:03:41 PM
Gabe:
I am trying to think how this could be done in a backtest, but I think it is too subtle - no simple relationship for telling SF backtesting how or when to exit. Once the stock closes above the UBB, it could in theory run for months above the median line, which acts as a moving stop (but not a trailing stop as defined by a set percentage).
Might have to look at this manually for a few stocks and see.
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gabestogie
79 posts
msg #80578
- Ignore gabestogie
modified |
10/2/2009 10:21:29 PM
Kevin:
I spent few hours on Stock Charts.com plugging in dift. scenarios on dift. charts. even NUS. I thought perhaps that maybe a second MA or EMA like a 5,6,10 etc. along with the MA16 might click a light bulb.Notta,Notta. Sometimes a picture is worth a thsn wrds.
Gabe
NUS to release earnings later this month,just might be sitting on a lot of cash.
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gabestogie
79 posts
msg #80579
- Ignore gabestogie |
10/2/2009 10:42:23 PM
kevin:
Also looking at Vol. and divergences in the techs.
Looks like same thing took place around last week of July into 1st week of Aug. in Nus.
Gabe
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gabestogie
79 posts
msg #80592
- Ignore gabestogie
modified |
10/3/2009 10:24:49 PM
Kevin:
Tried to send you a chart from Thinkorswim on NUS. They use Prohet.com. Still learning the program which I am impressed with.
Anyway they show buy and sell signals and looks like they have been right on the $ with NUS, went back 2 yrs. and results look good. Looked at other charts also,to verify and got same impression.
Bring up chart YTD, they had several buy and sells leading up to 3/23 when they again issued a buy, next sell was 6/15,buy on 6/20, sell on 8/27 and the last signal issued was a buy on 9/09.
Now draw a trend line from the open on 4/07,you may see a clear picture, looks to me like this will give a good support at 17.95, even in this pullback it is still a buy, touched off here several times on the way up.
Gabe
correction:
8/27 was last sell signal
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