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

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To: Judith Weintraub who wrote (532)11/22/1997 2:31:00 PM
From: peter n matzke  Read Replies (2) of 836
 
Hi Judith: i have been back testing the Stock Farmers new high program and it seems to work great.

1. must set a new high at least .5 greater than old high
with at least a 50% increase in volume over average volume and 50%
over preceeding days volume
2. works best if breaking out from a base or price gaps up
3. IBD RS must be greater than 60
4. IBD EPS must be greater than 50
4. minimum of 2 institutional owners
5. group strength is positive/improving
6.members of group are setting new highs
7.annual earnings growth greater than 35% or quarterly earnings growth growth greater than 70% or annual revenue growth greater
than 50%
8. average daily volume exceeds 80,000
9. price is greater than 7
10 float is less than 40 million

try it
i think it will find the future 99's before they have run up

good luck to all
peter
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