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Oddtrader and Balda -- KERX caught my attention simply because it's coiled up so tight. Thought I'd just see whether it pops or not. CEO will be holding forth at a conference tomorrow, the company's drugs are looking fairly good, report coming up in December (I think), blah, blah, blah...

KERX

Isn't it just amazing how the market will go down before it goes up again, and then up before it goes down again? Thanks for pointing these things out.

"There is a set of measures associated with volume that tend to corroborate the signals volume is giving. Pace and volatility (ignore the current volatility thread) are the two most important." Would you mind elaborating on "pace" a little bit, or posting an example? It's a term I haven't...

"Forecasting is very difficult, especially when it involves the future."

"Does anyone know of a site, service or methodology that can provide and/or automate average pullback numbers for individual stocks?" Maybe this book contains some helpful information. I haven't read it. Maximum Adverse Excursion: Analyzing Price Fluctuations for Trading Management John...

At this point even the weekly ADX is rising.

MURRAY and BRANDON Thanks!! I've been collecting info on breakouts in a .doc file for a while now and will add your comments. Very helpful. For me, the "trouble" with breakouts is that I'm not sure where to place a stop. Understanding trades that involve short-term pullbacks or rallies...

Thanks for the clarifications. I'm especially interested in the RS. It might well be one of my (many :mad: ) missing pieces. Best regards.

Your answers are helpful! Perhaps you would go another round with us and clarify two questions. <i>Most important is earning surprise lead breakouts. Typical they have very good success rate. There is lot of research on this and if you do backtesting you will find validity in same.</i> To...

Confirmation tips After breaking a support or resistance level, it's common for traders to question the new price levels. For example, after a breakout above a resistance level, buyers may question the validity of the new level and decide to sell. This creates a situation commonly referred...

The development of a breakout By Diane Krueger Predicting the market's direction is difficult for all, but especially new traders. Trading breakouts can help beginners make successful and profitable moves. One catch - you've got to know how to use them or you'll suffer big...

Just when I wanted to ask about dumping Reuters EOD for some free quotes, up pops a relevant discussion. Cool! I am running Metastock 8.01 offline. MiniGrasshopper "i use routers (installs with metastock) but get feed from yahoo so its free" I'm interested. Please tell me more...

VLCCF -- yeah, missed the ID by one lousy nickel. But the NR4 was there. On ZEUS your stop was above the high of 7/15? The stop for VLCCF would have been over the high of 7/8? Those are good looking counter-trend shorts! Looks like nice work if you can get it . . . :p

Of the two, NTMD is somewhat familiar. Now ZEUS, that’s another story. It consolidates at resistance – nice little pattern – then it fails, except it doesn’t “really” fail at all. (BTW, interesting weekly chart!) That’s some very cool price action. After the fact, of...

WLV turned out to be a classic test of a classic pattern. Did anybody trade it? I just sat by an watched.

Hey, sunny, Thanks for the input. I have no problem just going into observation mode. So I’ll just watch. But what’s making you think it’s a suckers bet? If it breaks out, it should continue to show strength. Is that it?

What to do when you unintentionally (or intentionally) miss a breakout from consolidation? A trader who bought this breakout might be having second thoughts now – or possibly adding to the position?

"I may start posting some of my thoughts and ideas on range contraction here and add to the information. I do lots of contraction work and teach people every day in how to use it in multiple time frames. I encourage you to do that. Although I probably can't contribute a lot of savvy myself...

If you don't mind, I'd like to ask two questions: I have a hunch you've been watching APD for a couple of days. Is that correct? Are you still looking at APD as a candidate for 7/13? Thanks for posting your "picks."