99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER Message Board

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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER

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To: freelyhovering who wrote (520)	11/20/1997 12:51:00 AM
From: LWolf	Read Replies (2) of 836

Myron, I was curious about JTAX to see if there was anything that one could have known (guestimated) before, to have been able to get in on it. It seems to me the stock got a pop, because they're being bought out by HFS and I'm assuming the gain in stock price is reflective of the deal. When I went back to an 11/14 download of DailyGraph data, I couldn't find JTAX in the Rankings Report or Growth, but it was showing up in their Timeliness report; going from a B to an A (in a week). In today's DailyGraph JTAX shows up in the RS99 with EPS61 rank. When I ran a scan (IQSuite software) using 'highest in 40 days', and volume over 200% it was there (with 66 other stocks). SO.... as much as this was an interesting bit of research (for me), I'm not sure what to do with the information from a long term point of view. Could it be to pay more attention to 'Timeliness ratings', or have some pretty neat scanning templates, if you're into day trading? Any insights gained to date on the data collected so far? L. Wolf

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