InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,127.79
(
1.26%
)
US TECH 100
17,419.20
(
0.00%
)
Dow Jones
38,675.68
(
1.18%
)
Brent Oil
83.43
(
0.36%
)
Bitcoin
64,489.57
(
0.77%
)
Post# of 62520
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

kgoodrich

Send PM Follow Ignore
Followers 812
Posts 29861
Boards Moderated 5
Alias Born 03/08/2003

kgoodrich

Re: None

Friday, 06/10/2005 6:03:23 AM

Friday, June 10, 2005 6:03:23 AM

Post# of 62520
More info on our scan.
I rehashed the ideas of the Magic Box scan and what I found interesting is on day #1 of the scan, the aroon down of the Magic Box is always on 100.00 when it is laying near the bottom of the lower bollinger band and the candlestick is always dark from a day of loss. Day #2 that completes the Magic Box always finds the aroon down at 87.60 showing the white candlestick, or just enough to call it a plus growth day. It doesn't take much. Now, to begin to get confirmation Day #3 should be at, or past 75.00, and the williams should be moving up towards or through the -50%. Growth usually follows and could last for five days or more. That is becoming the set pattern for how long it will take the aroon down to reach zero. That is the level of decision. Flucuations and profit taking are to be expected in big growth days, but as long as the indicators are still on your side, more growth will usually follow. Keep at it.

#board-1616 & #board-3424 Seasonals rock.

Public Reply Private Reply New Post
Keep Last Read
Replies (2) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (2) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up