StockFetcher Forums · Filter Exchange · bollinger bands<< 1 ... 12 13 14 15 16 ... 23 >>Post Follow-up
todddunning
31 posts
msg #26823
Ignore todddunning
6/11/2003 6:45:01 PM

"...AND STOCK IS OPTIONABLE" checked out today. MIR and DYN closed up 5.1% and 2.7% the first day. Of course there was a big runup today so I will regularly report results on the "optionable" filter 50K vol/back 5 days, as Muddy suggests.

And I have to join others in thanking Muddy for his selflessness and generosity that are almost as impressive as the filter itself...(almost, I said)...!


wallman
299 posts
msg #26824
Ignore wallman
6/11/2003 8:22:10 PM

TODD,THANKS,that's pretty funny, the thing that i've noticed just in the past few days with these option matches is they make their big moves in 1 or 2 ticks on very heavy volume,but before and after those moves they trade very quiet,MIR and DYN around 2:30 today and WGRD near the close yesterday and today and failures from yesterday CCK and RSTO again on very heavy volume on a few ticks right around 10 to 10:30 am,you're right about it being a good market day,but i've noticed it with others(sorry,don't remember who)in the last few days also,point being that this buying volume may very well be coming from institutions and mutuals as i doubt it's coming from guys like us,it's too huge,IF this is the case, it's a great thing as i said because of the block buying every few days and the "me too" effect where one mutual fund manager sees another manager getting in a "live" stock and doesn't want to underpreform him,just wants to keep up with him so he buys the stock also regardless whether he really likes it or not,figureing he'll always have a job as long as he doesn't underperform,just stay even...so this could be real good for us,anyway i'm watching very closely,any edge we can get we should take,every edge we get can add up significantly over time .....see ya, MUDDY


todddunning
31 posts
msg #26825
Ignore todddunning
6/11/2003 9:24:28 PM

MUDDY BB FILTER GROUP?
This thread has been something for me; probably for the rest of you too. Been thinking of a way to return the favor to Muddy and help ourselves do better; "we" means the readers here:

1. Each night, we are all probably coming up with the exact same BB filter matches, duplicating our work. And then we go off and trade on our own, without oversight or input from others here.
2. Muddy should not do this out of charity. We each have personal logs, research and findings on the method that should be available in one central place for everybody's benefit - including Muddy's.
3. There are many years of collective experience in related skills (TA, money mgt.) on this thread. How can it be centralized to help everyone here?
4. This thread is a great way to discuss Muddy's method in general, but hour-by-hour (or live) group analysis of daily picks and strategy are unavailable.
5. I want to go somewhere nightly (Members only) to post my picks and my reasoning, and see what everybody else is doing and why. And visit again in the morning to make sure we are all pulling the right trigger at the right time.
6. Passwords only to those who contribute actively. New variations of every kind proposed and tested.
7. Muddy in charge.

Anyone feel similiarly?


no4j
45 posts
msg #26826
Ignore no4j
6/11/2003 9:50:23 PM

If you guys can figure out the way to get it done, I'll be there and help however I can.
Some sort of chat room?


todddunning
31 posts
msg #26827
Ignore todddunning
6/11/2003 10:02:58 PM

Thanks no4j. I will email Muddy. todd_dunning("at" sign here)hotmail.com


rrochon
117 posts
msg #26829
Ignore rrochon
6/12/2003 12:36:44 AM

Some stocks that touch or cross the lower BB keep following it for long periods, and if you play shorts, some keep traveling the upper BB. They might even go green occasionally, but then whipsaw you out and continue on their way.

Seems like it would be a good idea to find channeling stocks that touch or cross the BB a number of times in 6 months, but when I try to add channeling to the filter I get zero stocks.

I have used the stock channeling screens on the home page, but the filters don't show, so I don't know how to add the BB indicators to them.

Any suggestions?

Dick


cjbraun
5 posts
msg #26833
Ignore cjbraun
6/12/2003 11:49:56 AM

Hi, Muddy, I'm new to trading stocks but your system has worked well for me. I'm just fine tuning my entry and exit points now. I just wanted to thank you for providing such a simple and effective system that almost anyone can use.

I've been playing around with your filter and came up with a variation that everyone here might be interested in. It provides far fewer matches on a day to day basis, sometimes 4 or 5 days go by without a match, but the results are pretty amazing. I back tested it every day for 50 days and here's what I got:

64 matches total, of those only 3 are in the red as of yesterday.
Average return: 37.97%

Those are just the raw stats, I'm sure you'd get even better results by applying basic criteria like opening green, long tail etc... I haven't traded yet using this filter, but I think I may start, since the numbers look so good.

Anyway, if you or anyone else is interested, here's the filter. It's pretty similar to yours:

SHOW STOCKS where lower bollinger band(20) crossed above lower bollinger band(10) and average volume(90) is above 50,000 and close price has been decreasing over the last 2 days and close price is between 1 and 10 AND stock is optionable and price touched lower bollinger band(20)

Thanks again, Muddy.

- Chris


ig0r
51 posts
msg #26835
Ignore ig0r
6/12/2003 1:37:14 PM

won't having the 20 day bb cross above the 10 day bb indicate a short term downward trend in bb and in price? maybe try lower bollinger band(10) crossed above lower bollinger band(20) and see if that improves results some more


dmindy
42 posts
msg #26838
Ignore dmindy
6/12/2003 2:59:40 PM

Todd,

How about a Yahoo Group?

- Its simple.
- It's easy and fast to setup
- It can be restricted to members
- It has mesg board, chat, database. and calendar functions
- You can have several moderators so that one is pretty much always available
- Allows people to read up & posts at their convenience or interact real time if they want

I can help you get this done if it's something you are interested in.

Doug


mika
131 posts
msg #26843
Ignore mika
6/12/2003 3:45:47 PM

Hi all.

Very interesting thread.
I'd like to first thank Muddy for making us aware of his very elegant trading method. I haven't as yet make any money with it, but I just started. ;-) Bought some shares of DYN at 4.35/share today. We'll see how it goes. One thing I've noticed is that I'm very uncomfortable buying stock where average volume is less than 150-200,000 shares/day. 100,000 shares/day would cause me to sell. I've also noticed that buying pressure has significantly decreased over these past days. This includes both "winners" and "losers" using Muddy's method. Is this common using this method Muddy, or is that a red flag we should keep an eye for?

Thanks,

mika.


StockFetcher Forums · Filter Exchange · bollinger bands<< 1 ... 12 13 14 15 16 ... 23 >>Post Follow-up

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