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Strategies & Market Trends : The Market Beacons

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To: Magnatizer who wrote (434)	3/14/2001 10:47:17 AM
From: Magnatizer	Read Replies (1) of 1298

REDO: Scan hits intro This scan attempts to find stocks which are extended (either up or down). I watch them for topping/bottom bars to form. If the value on the right is negative they are LONG candidates, if it is positive they are SHORT candidates. In general the scan finds stocks which are good for 2-3 day swing trade. No FA involved in the scan. Just short term technical setup. Multiple listings mean nothing. Stock was just located in more then one of the scan folders. Also, there will be an occasional stock turn up which is no longer valid (sellout, change name, etc). I am not checking this list before I post it so there will be some which slip through the cracks before I can delete them from my database. ht Mag

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