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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (10212)6/15/1998 12:46:00 AM
From: Thomas Sterner  Read Replies (1) of 120523
 
<<Thomas S. in going over some watch lists in the past few days, I noticed you had...>>

Jenna,

Briefly, I run two preliminary screens, both using Price ROC, Stochastics, RSI and CCI. One screen compares the most recent day with 5 days ago up to 2 days ago. The first screen uses no crossover values...just a trend for each indicator. The second screen is
the same as the first except that it includes crossover values.

I then backtest each stock that appears in either screen. For this
I use 19 indicators.

Finally, I look at the charts for trendlines, support/resistance,
patterns, etc.

If you would like more detail, e-mail me. I'm not sure I
should bore the group with mundane details

IMNT It is oversold but if it breaks 14, it should continue
up a bit.

Sorry for the slow response...I took a long weekend.

Tom
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