karennma
8,057 posts
msg #56181
- Ignore karennma |
10/30/2007 8:01:41 AM
Hey Jr:
I think you're referring to a modified version of the "Golden Cross" Indicator.
Here's how Investopedia describes the Golden Cross:
"A crossover involving a security's short-term moving average (such as 15-day moving average) breaking above its long-term moving average (such as 50-day moving average) or resistance level.
As long-term indicators carry more weight, the Golden Cross indicates a bull market on the horizon and is reinforced by high trading volumes. Additionally, the long-term moving average becomes the new support level in the rising market."
On prophet.net I have a chart setting of MA's @ 25, 50, 100, 200.
Once a stock crosses all four MA's simultaneously, it's ready for an explosive move.
Many of the stocks you posted did this.
Stock /Date of Xover:
GBT - 8/30
ASTIZ 09/06
SDGL 09/19
LWLL - 10/17
SOYO 09/07
CTVWF -08/27
Someone here wrote a filter for this.
I checked the archives, but couldn't find it.
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TheRumpledOne
6,529 posts
msg #56184
- Ignore TheRumpledOne
modified |
10/30/2007 8:59:46 AM
I wrote this a while ago.
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karennma
8,057 posts
msg #56188
- Ignore karennma |
10/30/2007 10:44:43 AM
Jr:
I know you're only interested in penny stocks, but just for the sake of an example, VDSI is breaking out into that pattern.
See short term chart and apply the MA's.
:>)
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karennma
8,057 posts
msg #56189
- Ignore karennma |
10/30/2007 10:56:58 AM
Yeah, breakin' out huge!
VDSI.
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karennma
8,057 posts
msg #56190
- Ignore karennma |
10/30/2007 10:57:37 AM
it's the same pattern.
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papawally
19 posts
msg #56193
- Ignore papawally |
10/30/2007 12:36:21 PM
Back in the mid to late 70's I had a friend by the name of Lawson Pierce(deceased) who published a " Pierce Commodity Newspaper" which predicted the following weekly price movement with a chart(cattle,porkbellies,corn,etc). He traded with Lind-Waldock out of Chicago.
This was pre-computers unless you had access to a main frame which he did. A Box and Jenkins book has a analysis on "Periogram(sp?)" analysis which basically lets you pull from the random chart vibration the 3 main cycles(periods) associated with the short term market movement.
By using maybe 20 days close of a stock(or anything) he could mathematically predict the future price movement of a equity. I used his newsletter and his predictions were amazing 30 years ago.He sold his system to Wall and Broad in the 80's and I'm sure somebody has made a fortune. What Stock Fetcher needs is more mathematical expressions( like matrix solvers) to allow the programing of that algorithm by someone who can figure it out. Cheers
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jrbikes
624 posts
msg #56214
- Ignore jrbikes |
10/30/2007 9:38:20 PM
Thanks for your work rump!
I have been working 12 hour days, so I will check it out later!
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jrbikes
624 posts
msg #56216
- Ignore jrbikes |
10/30/2007 11:14:56 PM
Well it is late and Im tired, but I was checking out your filter Rump, and its not exactly what I was looking for, but I was looking at the math functions and it gave me an idea, so I did this!
I added
Close crossed above the EMA(18) in the last 30 days
and RSI(14) crossed above 50 in the last 29 days
I had always used the same day parameters for both, so I changed it!
and I think we have it! look at MYST, your scan did bring up FMIT as mine did, I will post it tommorrow and then if you want you can code it in that crazy language and then I can print it out and save it!
Thanks again
P.S.
IF I wanted to use that 30 day parameter for a Resistance scan and I wanted to look for resistance break in the last 3 days would it be this?
Resistance(30,3)
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SAFeTRADE
657 posts
msg #56229
- Ignore SAFeTRADE |
10/31/2007 12:59:04 PM
This looks pretty interesting...
This was posted by "jpistell" on 1/13/2005. The link is as follows:
http://forums.stockfetcher.com/sfforums/?q=view&fid=1002&tid=34865&qrid=&isiframe=
Might be something to alter or change to get at what you are trying to do.
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SAFeTRADE
657 posts
msg #56233
- Ignore SAFeTRADE
modified |
10/31/2007 5:14:36 PM
Look at WLGC on 20 Aug. and 10 Oct. Also look at ITLI today? I looked at weekly MACD plotted on MACD. Weekly MACD coming from a flat base. I also looked at Weekly RSI(14) on plot on RSI(14). Wait for Weekly RSI(14) to cross somewhere around 65-68. See what you think. Also looks like the MACD will be tucked inside of the Weekly MACD. ???????
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