5 replies to this topic

[hiker]

your question -

I try to watch those bullish triangle breakouts.
The stockcharts scan is a help but most of them are old breakouts.

Do you have a simpler, cleaner scan, or is it just good old detective work?

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answer -

those breakouts are few and far between...that is why those now residing at SC are old...they are rare

no easier method of seeing them timely basis than SC

fyi, a sample of what has happened with some of the bullish triangle breakouts from their start date in 2004 or 2005 -

http://forums.techni...mp;pid=16684798

note what has happend with TTWO today vs. such an old triangle alert for TTWO from 2005...$29.60 in summer 2005 to $9 and now back to 22 today...not what I would call a reliable pattern alert for TTWO...a hold from the 2005 breakout alert would still be severely underwater...not to mention the drawdown to $9 swing low of 2006 -

http://stockcharts.c...llery.html?ttwo

Edited by hiker, 19 March 2007 - 01:30 PM.

[HiFiGuy]

you can run the scan to show Bullish Traingle breakouts 0 days ago = true; Triangle breakouts 5 days ago = false. This will give you only those breakouts within the past week. Substitute "P&F Buy Signals" for "Triangle Breakouts" to screen for all new P&F buy signals. I also like to use "Bull/Bear Signal Reversals" to screen for IT trend reversals

[Rogerdodger]

Thanks for the replies. I feel that I miss lot's of opportunities by being too busy with other things. But sometimes "other things" have their own reward.

[OEXCHAOS]

ChartSmarts comes up with way more possible ideas than we can use each night/morning. Would there be an interest in just the list? Mark

[hiker]

yes, Mark.

[raleigh]

Yes please