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Strategies & Market Trends : TA-Quotes Plus
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To: Nine_USA who wrote (8956)3/13/1999 3:00:00 PM
From: Richard Estes  Read Replies (1) of 11149
 
You are very detailed in your work. I am glad to hear there aren't just 4000 that have 2 years of date, I would say close to 8000. You did filter the stocks to your criteria for "common" stocks which cut the stocks reviewed by about 1500 then you further applied your additional filters to reduce them nearly 2400 more. Around 4000 stocks with 2 year data was eliminated. Now you looked at those found by your criteria and they reflect the relationship you saw. I deduce that based on your mindset it would be appropriate to trade high priced stocks. I haven't seen your scans or database to understand what variables are present.

I can't jump to that being true in the universe of stocks. But your precision in attempting to unravel the market may pay off someday.
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