Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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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 (12636)	8/6/1998 9:55:00 PM
From: LastShadow	Read Replies (2) of 120523

Watch List and Point of Balance Oscillator Examples Watch List for tomorrow is on the market Gems website now. After BeeSoft emailed me the Gold language code for the POB Oscillator, I set it up and ran it for several periods, establishing a couple of reasonable crossovers. The examples are for Micron (MU at a 3 and 15 period crossover and Disney (DIS) at a 3 and 12 period cycle. I experimented with 3,5,7,12,15,21,26,39 periods before settling on these. Obviously some stocks are better suited to this oscillator than others, but in general seemed to give good entry signals. The POB Oscillator is a little late on the exit signals, and I would recommend using other indicators for that. It isn't a daytrading tool, but does work well for swing and position trades. The jpeg files are: marketgems.com and marketgems.com lastshadow

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