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Strategies & Market Trends : Charts for Breakout

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To: Smooth Drive who wrote (3291)10/8/2002 9:28:16 PM
From: Julius Wong   of 3506
 
Eric:

I use volume in all my scans.

1. We can use TC2000's built in PCF "Volume Surge Today" to sort a list, or in Easy Scans. In an Easy Scan We can adjust a PCF's percentage or rank.

2. We can create a PCF, (V - AVGV50)/AVGV50 * 100. Then use this PCF to sort a list, or use it in Easy Scans. In an Easy Scan We can adjust a PCF's percentage or rank.

We are in a nasty bear market. In this bear market we can practice chart reading, but don't commit real money. In a bull market, stocks moving up will attract more buying power. In a bear market, stocks moving up only attract sellers and shorts.

See my next post on market's strength.

Julius
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