Here are the new results. Below the results is the scan I used for
back-testing. I hope it's error-free. Note that everything in the scan
is set back 10 days. That's not the scan you'd use to get hits today,
of course. It shows what the hits would have been 10 days ago.
10 day performance. Created 04/08/1998
Percent Price 04/07/98 03/24/98
Change Change Price Price
1 PMTS PMT SERVICES INC 13.978 2.438 19.88 17.44
2 SYMX SYMIX SYS INC 13.087 2.438 21.06 18.62
3 SWC STILLWATER MNG CO 10.104 2.438 26.56 24.12
4 IBSDF INTL BUSINESS SCHS INC 8.333 0.375 4.88 4.50
5 FLGS FLAGSTAR BANCORP INC 7.179 1.750 26.12 24.38
6 JAII JOHNSTOWN AMER INDS INC 6.723 1.000 15.88 14.88
7 FRDM FRIEDMANS INC 6.667 1.375 22.00 20.62
8 WSHI WALSH INTL INC 2.459 0.375 15.62 15.25
9 CAST CITATION CORP ALA 2.247 0.500 22.75 22.25
10 AILP ALPNET INC 1.176 0.031 2.69 2.66
11 ASTX APPLIED SCIENCE & TECHN INC 0.794 0.125 15.88 15.75
12 HRLY HERLEY INDS INC 0.000 0.000 14.00 14.00
13 AMCV AMERICAN CLASSIC VOYAGES CO -0.543 -0.125 22.88 23.00
14 ESF ESPIRITO SANTO FINL GRP S A -0.716 -0.188 26.00 26.19
15 PHYN PHYSICIAN RELIANCE NETWORK -1.402 -0.188 13.19 13.38
16 GPX GP STRATEGIES CORP -4.135 -0.688 15.94 16.62
17 HOV HOVNANIAN ENTERPRISES INC -4.678 -0.500 10.19 10.69
18 STFF STAFF LEASING INC -4.698 -1.312 26.62 27.94
19 NRMI NATIONAL RECORD MART INC -5.941 -0.375 5.94 6.31
20 HPII HOME PRODS INTL INC -6.154 -1.000 15.25 16.25
21 VPI VINTAGE PETE INC -8.782 -1.938 20.12 22.06
22 BUNZ SCHLOTZSKYS INC -21.591 -4.750 17.25 22.00
//Breakout scan by Richard Estes, translated from TC2000
//and revised by Doug Schneider
Output="breakout.lst";
input="commplus.lst";
issuetype=common;
exchange nyse,nasdaq,amex;
DaysToLoad = 250;
If Close(-10)<=30 and //price < $30
Close(-10)>movavg(-10,34,cl) and //price > avg price last 34 days
(Max(-14,-35,hi)/(0.01+Min(-14,-35,lo)))<1.2 and //prev month max high no more than 20% greater than max low
Vol(-10) > AvgVol(-10,-190) and //Vol. today greater than avg. vol. over past 180 days
Vol(-10) >= 30000 and //Volume today greater than 30000
AvgVol(-10,-40 )>=30000 and //Average volume over the last 30 days is at least 30,000
QRS(-10)>=80 and //Relative Strength is greater than 80 percent
(Close(-10)/(0.01+movavg(-10,3,cl)))>1.02 and //price > avg price prev 3 days by at least 2.0%
(Close(-10)/(0.01+movavg(-10,3,cl)))<1.06 then //But not more than 6.0%
println symbol:-6," BUY: Close: ", close(0):-6:3, ",", " Up: ", close(0)-close(-1):4:3, ","," Volume: ", vol(0):-10, ",", " QRS: ", QRS(0):2, ","," Sharesfloat: ", Sharesfloat:6:3, ","," Persistence: ", Persistence(0):6:3, ", ",Description:-12;
endif; |
