Fln Angl Hy Cp Discussion Threads

[fingers xxd] 08/4/2002 12:53

Another good idea for a thread.

Keep posting Sham.

My donation is 'OKR', seems to be going from strength to strength.

Fingers.

[idioterna] 08/4/2002 12:48

BAE Systems is worth a look in this regard. Note an interesting development in terms of today's trades: Large volume, huge sells, and still the price is holding fast.

5 Minute Intraday + Volume3 Month + Volume12 Month + RSI

[balto] 08/4/2002 12:07

Nice thread

TSP, RON

[spooky] 08/4/2002 06:09

I suggest you take a look at Wincanton (WIN),unfortunately my skills don't extend as far as creating the graph perhaps you could do it for me :-)

[sham3001] 08/4/2002 01:21

To help save screening time I'm inviting all technicians out there to post their current best technical breakouts. Ideally a breakout should contain the following characteristics;

NEW YEAR HIGH - the price should be fresh out of a base & making a new year high

BIG BASES - the bigger the base the better

VOLUME CONFIRMATION - the breakout should be accompanied with a significant volume increase (v.important)

NO RESISTANCE - a new year high ensures no recent resistance but a new 2 or 3 year high is even better

LONG TERM (150/200 day) MA's - should be flat or rising, exclude downsloping ma's, these indicate further basing

Here is a recent breakout showing the desired volume expansion. Whilst a lot of stocks will fulfill most of the above criteria, the A+ performers will be the ones exhibiting volume like this;



(DVSG-ex-rights 9-4-02)

Here's another with 2 recent volume surges;



WARNING: Just because a stock has broken out does not necessarily guarantee an uptrend. Stocks that move to new year highs on weak volume or are peaking on news releases should be treated with caution. Another common mistake is to pre-empt the breakout. The breakout price is set for a reason. Stick with it and buy only at the breakout. All to often we get excited when a stock is near the top of its trading range and wade in only to be disappointed when it doesn't breakout. Save your capital for the breakouts and get out of those stocks that aren't performing. Stops should always be used. Happy hunting!

[graham205] 12/2/2002 12:43

I was thinking the same thing Mikeran.

[matthewa] 12/2/2002 00:56

MM Numis off line

[howard0181] 12/2/2002 00:55

ruth

How did it go with CW.?

[ruth] 12/2/2002 00:54

yes mine too,monitoe and L2 all stuck,

[lancslad] 12/2/2002 00:53

my l2 frozen.

[ruth] 12/2/2002 00:52

Matthew,yes even log is slow today and as we know it usually swings round wildly,

[vicism] 12/2/2002 00:51

monitor forzen here too!

[daviddakers] 12/2/2002 00:51

Well spotted guys - monitor looks ok, but it's old data!!

[nur0mancer] 12/2/2002 00:49

streaming appears to be stuck @ 12:37

[mondial] 12/2/2002 00:49

Anyone else got a frozen monitor?

[daviddakers] 12/2/2002 00:49

Same here - everyone must be asleep... zzzzzzzz.....

[matthewa] 12/2/2002 00:47

ruth - I'm here made a little on a SMIn short thats it though spread & volume on my fav SETS stocks very poor today

[ruth] 12/2/2002 00:45

its oh so quiet on here today,where is everyone?

[daviddakers] 12/2/2002 00:43

Short OOM (MMo2) @ 72.25

[forwood] 12/2/2002 00:42

Doddy - I am going

[dodddy] 12/2/2002 00:39

anyone going to the GNI seminar tommorrow ?