Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 668.73

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Nov 24 4:00 PM EST

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To: Nancy Stall who wrote (2153)	10/28/1998 8:43:00 AM
From: Dr. Stoxx	Read Replies (2) of 39683

Nancy, IBD = Investors Business Daily, a newspaper The EPS figure I am using comes from the IBD and is listed for each stock. It reflects the percentile a company is in with respect to its earnings growth over the last 12 months. A 10% stop is a stop loss set up with my broker to sell automatically should the price drop 10% below where I bought it. I move this up each evening (hence, "trailing") if the price closed higher. I leave it alone if it closed lower. RS = relative strength, and again is a figure listed in the IBD for each stock. It shows the relative momentum of price compared to all other stocks over the last year. TC.

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