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Strategies & Market Trends : Computer Screening for short-term trading

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To: trilobyte who wrote (5)11/7/1998 3:24:00 PM
From: Ron  Read Replies (1) of 34
 
Yes, I have used OmniTrader about a year. It takes awhile to learn, but the help desk is pretty good. I find it makes good calls about 80% of the time...more with big high volume stocks..than small erratic ones.. For example it has been telling me to sell CREE short for 2 weeks now..and of course that would have been a major mistake. But one learns the vagaries of the system. I would give it a C+ overall. I seldom make a trade with it..but it can be a good early indicator to watch a stock more closely.
Ron
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