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Strategies & Market Trends : Befriend the Trend Trading
SPY 681.92-0.7%Dec 31 4:00 PM EST

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To: Jimm2 who wrote (2604)1/14/1999 9:40:00 AM
From: Ken Adams  Read Replies (2) of 39683
 
Hi Jim,

Welcome to BTTT. Thomas will be along any time now to give you his welcome. He's the Major Domo around here.

The stocks on my list this morning came from scans I ran against the entire market. These came from about 4 previous scans that found stocks breaking to new 6 month price highs, accompanied by the same for OBV. The oldest scan was run after the close 12/18/98 and the last scan was on 01/08/99.

Good signals tend to come from these scans several days to a couple of weeks after the breakout. Seems price tends to settle back a little following a breakout. I like to watch for this and hope to catch a quick little 10% move on the bounce.

TC is much better at his timing than I am. Pay attention to him. Glad you found us. What's this "former" stuff? Get back in!

Ken
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