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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Jan Robert Wolansky who wrote (13890)3/31/1998 8:07:00 AM
From: Beachside Bill  Read Replies (1) of 53068
 
Jan, I basically do the same thing as you except don't have the Quotes Plus part. I like to use ADX,DI+, DI-, Money Flow and some other junk for confirmation, but don't use OBV. After I get my possibility list, I just move into a chartist approach to find the best ones. I also look for the cheaper ones for better percentage plays and stay away as much as possible for stocks under $5. Sorry I couldn't add anything.

Here is my little filter for finding a stock that went up in the last 5 days:

CLOSE > Ref(CLOSE,-1) AND
Ref(CLOSE,-1) = LLV(CLOSE,5)

Pretty basic, but can show changes at support areas.
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