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Strategies & Market Trends : Technical Analysis- Indicators & Systems

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To: Clueless who wrote (1365)	6/9/1997 9:46:00 PM
From: Richard Estes	of 3325

Again hate to step in on David's question. But BBB is mentioned, I use it to make me aware of movers, and the breakout scans for the same thing, force me to look at good moving stocks that want show up in a system scan. I do my system scans using WOW smart scan or metastock exploration directed at buy or sells for the day. I just don't post them. I don't like feeling the responsibility for the lurker or those that don't listen closely. So I post a list of stocks that are strong and are or will be good buys but I leave it to the person. If you look at the BBB scan tonight there will be many that are giving buys at open tommorrow on the "good" systems that have been posted. There will be others that are making their 5th or 6th trip to scan this year, there have been many entries in past and you might have one coming soon. So always remember purpose of BBB, it provides candidates for system tests. I bet that more than 80% of readers aren't familiar with 1/2 of the BBB stocks on any day. Yet these are stocks that are within 15% of or exceeding their 52 week high and on vol larger than the avg of last 3 months, have gone up over 5% in last week. People should be aware of them.

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