tag:blogger.com,1999:blog-30526901.post103669380917936757..comments2023-11-02T08:32:05.557-04:00Comments on Filtering Wall Street: BOB - A RepriseMarlyn Tradeshttp://www.blogger.com/profile/11977763395430254850noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-30526901.post-10093660378266344572013-05-11T01:37:04.547-04:002013-05-11T01:37:04.547-04:00Good old bob.Good old bob.QUALITY STOCKS UNDER 5 DOLLARShttp://www.chicagoillinoisbusinesslist.com/business/5066133.htmnoreply@blogger.comtag:blogger.com,1999:blog-30526901.post-49189694024415441072007-03-20T13:38:00.000-04:002007-03-20T13:38:00.000-04:00Mike - no I don't know the exact probability of BO...Mike - no I don't know the exact probability of BOB + S2 but I'd have to say better than the 60-65% that BOB carries normally. Couple that with RSI2 < 2 and it has to be in the 80-90 range if not better.<BR/><BR/>Jim - I'd have put my stop right where you put yours. BOB is either the bottom or it is not - there just isn't any other place to put it.Marlyn Tradeshttps://www.blogger.com/profile/11977763395430254850noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-60329490194712396442007-03-20T11:08:00.000-04:002007-03-20T11:08:00.000-04:00Great post, Marlyn. I am a big fan of BOBs, obvio...Great post, Marlyn. I am a big fan of BOBs, obviously. You know what I like best about them? You're buying so near a current bottom that you can set a pretty tight stop. I sometimes set it too tight but I generally find that any drop back toward the bottom of the second candle is a very strong clue that the setup isn't going to work that time. I'd be curious where you'd have put your stop onL.J.https://www.blogger.com/profile/16467256190821479129noreply@blogger.comtag:blogger.com,1999:blog-30526901.post-63011390224555159282007-03-20T10:14:00.000-04:002007-03-20T10:14:00.000-04:00Hi Marlyn,Excellent post. Have you ever looked at...Hi Marlyn,<BR/><BR/>Excellent post. Have you ever looked at probability % when BOB is formed under S2?<BR/><BR/>MikeAnonymousnoreply@blogger.com