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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: OZ who wrote (4026)	9/15/1999 7:15:00 PM
From: Richard Estes	Read Replies (2) \| Respond to of 18137

21 dayMA of volume/float > 2.28 with ATR(89)/89 day MA of close >6.38 The above produces a list of about 300 stocks. About 100 of them will move more than 5% a day. 20 will move over 10%. The trade rate will identify the fast traders, Out of the top 100 fastest trading stocks in market you will find about 30 or so that stay with list most of the day. I use QP2 to develop scan, you might be able to reproduce it with some other program, but I am unaware of any. The list produces the 20-40 percent movers for a day. How or what is traded is left to the indivdual. I don't look at indices, tick, trin, spend less than a third of time looking at charts. I know each day my stocks will produce big movers.