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Strategies & Market Trends : Set the Controls For The Heart of the SUN
IQ 1.925+0.3%9:30 AM EST

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To: Bosco who wrote (492)6/29/1997 6:53:00 PM
From: Doug R   of 1156
 
Bosco,

Actually my call on ELGT (which is a Ron Pastore tip) was based on a TA system that I developed myself. The system ranks a stock on a scale from 8 to 56. Most stocks that score 47 or higher stand a very good chance of making a significant % move in a short period of time.
ELGT had a score of 50 when I first ran it. It began to improve on that a couple weeks later.

The score comes with a +/- of 2-3 so I choose only those that score 50 or higher. I'll be starting a thread listing stocks that score that high and try to list about 8 stocks every 2 or 3 weeks in order that others with more fundamental info about them can offer that piece of the puzzle.

Doug R
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