Cup w/ Handles

[billyjoe]

Doug,
What's the difference amongst flashpoint, pivot point, pivot window?

----------billyjoe

[IIC]

Doug,
What's the difference amongst flashpoint, pivot point, pivot window?

----------billyjoe

I believe I posted about the first 2 already but here it is:

Years ago I decided to change the commonly used Pivot Point from 1/8... later $.10... above the right side high of the cup to $.01 above the right side high.

So, I took a poll at another forum I moderate to come up w/ a new name for the "$.01 point"...The name FLASH POINT won.

I never heard of the PIVOT WINDOW...You told me about it the other day when I asked what it was called when the downward sloping handle starts to move up.

I figured you made the term up...I have asked around and so far nobody really knows...But I have a few people in mind who I'll call. In the meantime why don't you give IBD a jingle and ask them

[billyjoe]

Doug,
I can't remember exactly what IBD says about pivot points, but I do remember them saying "never chase a stock after it's up 5% from its' pivot" and "let your profits run" which could be seen as contradictory statements.

--------------billyjoe


"When you choose to open or close the pivot window will determine your success or failure"------unknown

[IIC]

Doug,
I can't remember exactly what IBD says about pivot points, but I do remember them saying "never chase a stock after it's up 5% from its' pivot" and "let your profits run" which could be seen as contradictory statements.

--------------billyjoe

I always found that to be contradictory to their "Buy New Highs" theory myself where they give the example of a stock going from a new high of 50 and doubling to 100...They say it must go thru 51, 52, 53 etc...I even heard Joe Burns explain the whole thing at one of the Expos.

Well my question is that 5% of 50 is only 2.50...So, I guess if it goes over 52.50 before I buy it then I have to miss out on it going to 100 according to them.

[billyjoe]

Well my question is that 5% of 50 is only 2.50...So, I guess if it goes over 52.50 before I buy it then I have to miss out on it going to 100 according to them

Doug,
I guess that's the penalty for not following WON's directions to the T.

------------billyjoe

[Rob]

Cup With Handle

Cup With Handle?

Here's one you might want to check out.

[IIC]

Cup With Handle?

Here's one you might want to check out.

That is an interesting one Rob...Looks like there are 3 points where you could call a Right side high and then it didn't break out...Perhaps the 4th time will be a charm...thx

Now...If every reader of this thread would make it a point to post just one we'd have CwH's comin' out of our ears.

I just looked at 250 charts and found 8 more...My idea was that I would not have as many as last week...But, now that I think about it I don't mind having too many. Of course, I will not be following them all every minute.

Here is what I personally did last week...I put all 100 we had in a Favorites folder at Stockcharts.com. I have Real Time Stockcharts so when I had time I sorted them intraday by % gain and flipped thru the top 10 or 15 real quick or I ran a New Highs scan on the list...I missed quite a few breakouts but it was pretty handy.

As those who saw the trades I posted I am not necessarily trading the flash point breakout...I did pretty good on GROW which has quite a ways to go to b/o...made some on FRPT the second time...Made some on OCAS (but I missed the breakout and was in about $.70 late)...Went in early on FOSL and did quite well...etc.

Of course 1 week doesn't mean a whole lot but I found the list overall to be a nice watch list.

One thing that I have not done in the past is place BUY LIMITS...mainly because you can get filled even if the volume is low...But after I get back from vacation I'm thinking about trying some...BTW, I'm going on vacation on May 15th...Be back the night of the 21st...Unless my wife throws me overboard since she read SKI's Contest writeup about my womanizing this morning...LOL

[New-born baby]

Cup With Handle?

Here's one you might want to check out.

Rob,
I wouldn't call it a cup with handle, myself, but I would say I love that chart. Thanks for posting!

[IIC]

Can someone who is not a subscriber to Stockcharts please tell me if you can see 10 different charts at this link? I logged out and I can see them but I just want to make sure...thx:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1664965,12&cmd=show&disp=E

If you click page 2 you should not be able to see it though.

[IIC]

Can someone who is not a subscriber to Stockcharts please tell me if you can see 10 different charts at this link? I logged out and I can see them but I just want to make sure...thx:

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=1664965,12&cmd=show&disp=E

If you click page 2 you should not be able to see it though.

Bad news...looks like that is not going to work

[IIC]

More bad news...I asked Stockcharts if I could have a second public list even for a fee...No dice:

Hi Doug,

Extra! members currently can only mark one list as Public. We do not offer additional public lists at a fee.

Thanks for using StockCharts.com,
StockCharts Support
[email protected]
http://stockcharts.com

I'm not going to pay for another account just so I can have a Public Cup w/ Handle public list.

There are some alternatives though...

1) I could eliminate the IIC 100 from the Public Lists
2) I could combine the IIC 100 and Cup w/ Handle Lists...There is a way to reorder the charts so I could have all the Cup w/ Handles together
3) I could get someone else who is an Extra Subscriber who does not post a Public List to post the Cup w/ Handles.

We'll see.

Anyway, later today I'll post the CwH's for this week...I'll probably post it using the Little Chart method I use for the MoMo Lists.

Also, don't forget that non-subscribers can click on an individual little chart and see a larger chart.

[skiracer]

More bad news...I asked Stockcharts if I could have a second public list even for a fee...No dice:

Hi Doug,

Extra! members currently can only mark one list as Public. We do not offer additional public lists at a fee.

Thanks for using StockCharts.com,
StockCharts Support
[email protected]
http://stockcharts.com

I'm not going to pay for another account just so I can have a Public Cup w/ Handle public list.

There are some alternatives though...

1) I could eliminate the IIC 100 from the Public Lists
2) I could combine the IIC 100 and Cup w/ Handle Lists...There is a way to reorder the charts so I could have all the Cup w/ Handles together
3) I could get someone else who is an Extra Subscriber who does not post a Public List to post the Cup w/ Handles.

We'll see.

Anyway, later today I'll post the CwH's for this week...I'll probably post it using the Little Chart method I use for the MoMo Lists.

Also, don't forget that non-subscribers can click on an individual little chart and see a larger chart.

One way to deliniate between the cup and handles and the IIC 100 would be to annotate on the cup w/handles chart that they are cup w/handles. It takes alittle bit of time but I am going to start doing that with my 52 wk. lows/right side of the cup plays and the ascending triangles charts that I am going to be adding to my chart list. That way they can tell the difference. I don't know what the total # of charts you can have on one list. You might be over the limit because of the IIC 100.
I've been checking out how other guys have been doing it and some use a numerical designation 1st before the stocks symbol to keep them in the order they want rather than alphabetical.

[IIC]

Yes...I found this:

How do I change the order of the charts in a Favorites list?

Charts in a Favorites list are arranged in alphabetic order based on their description. To change the order, insert a "code" at the front of each chart's description using numbers or letters. For example, you could use "001", "002", "003", etc as your coding scheme. For more examples, see any of the lists in our Public Chart List area.
Click Here if you found this answer helpful

I thought about doing that for the IIC 100 before so I could have the charts come up in order...but I'd have to do it over every weekend

Also, I know you can save up to 500 in a Favorites List...I also noticed some people have over 100 in their public lists...Steven Swink has 352 charts in his list.

Problem is...who wants to look at so many charts?

[IIC]

OK...I posted this week's Cup w/ Handle List at http://SharpTraders.com Please take a look.

As promised I set up the format so that you can quickly scan the charts. I also posted them vertically and horizontally for easy copying/pasting into your streamer...Good Luck...Doug(IIC)



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[IIC]

Billy...FYI...We had 24 Breakouts last week out of 100...Not bad IMO