Comments on: Turtle Soup with SPYders, Anyone? http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/ Stocks, Options, Currencies and One Big Dummy Sun, 12 Oct 2008 10:56:10 +0000 http://wordpress.org/?v=2.2.1 By: Will http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3101 Will Fri, 29 Jun 2007 13:22:25 +0000 http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3101 Bill - Hmm... multiple confirming buy signals. Traditionally, the best buy signal would be for me to announce that I'm short :) doc40 - Sounds like a great idea -- thanks for the info! I haven't been able to watch Oscar much lately (although I should, his charisma is infectious), but I'm thinking his Outside Reversal and what I call an OGRe (Opening Gap Reversal) are very similar. Such a gap- and- reverse outside of a 20-day high/low could be a *really* strong signal providing a *really* tight stop. I've done something similar where I watch for OGRes on stocks above/below extended RSI readings, but the 20-day channel sounds like a great candidate as well! Bill - Hmm… multiple confirming buy signals. Traditionally, the best buy signal would be for me to announce that I’m short :)

doc40 - Sounds like a great idea — thanks for the info! I haven’t been able to watch Oscar much lately (although I should, his charisma is infectious), but I’m thinking his Outside Reversal and what I call an OGRe (Opening Gap Reversal) are very similar. Such a gap- and- reverse outside of a 20-day high/low could be a *really* strong signal providing a *really* tight stop. I’ve done something similar where I watch for OGRes on stocks above/below extended RSI readings, but the 20-day channel sounds like a great candidate as well!

]]> By: doc40 http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3097 doc40 Thu, 28 Jun 2007 19:12:46 +0000 http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3097 I've added my version of Turtle Soup (may not be per your description; using the lows of the past 20 days and today's open) and added it to my StradegyDesk's chart "studies". It toggles between zero and one and shows good correlation with my R2 buy equation. I've also done the same thing with Oscar's Outside Reversal and Mirror Image descriptions. They too look informative. I’ve added my version of Turtle Soup (may not be per your description; using the lows of the past 20 days and today’s open) and added it to my StradegyDesk’s chart “studies”. It toggles between zero and one and shows good correlation with my R2 buy equation. I’ve also done the same thing with Oscar’s Outside Reversal and Mirror Image descriptions. They too look informative.

]]> By: Bill a.k.a. NO DooDahs! http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3095 Bill a.k.a. NO DooDahs! Thu, 28 Jun 2007 13:30:31 +0000 http://dummyspots.com/2007/06/turtle-soup-with-spyders-anyone/#comment-3095 Plus, the 2-day RSI method gave a buy signal on Monday. Good times. Let's see if it works ... Plus, the 2-day RSI method gave a buy signal on Monday.

Good times. Let’s see if it works …

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