Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Dan Clark who wrote (6176)	12/21/1999 2:31:00 PM
From: Eric P	Respond to of 18137

Dan: It seems* to be similar to ESP. How would you compare the two?* Although I haven't used it, the CyberTrader "Real Time Signal Generator" appears to be a scanning package. ESP does offer scanning, but it's strength is the real time alerting it provides as individual stocks meet the specific criteria of any of the 35+ stratgies in ESP. For example, one of the more simple strategies is the 52 week high alert. ESP will alert you instantaneously the moment a new 52 week high is hit by any stock on NYSE or Nasdaq. This allows the trader the opportunity to quickly assess the daily and intraday charts to determine the likelihood of the stock propelling much higher beyond the old high. A scanning package, on the other hand, will give you a list of all stocks which have hit a new 52 week high today. Many of the stocks on this list will already be many points higher than their previous 52 week high. Both alerting and scanning packages have value to the short term trader. ESP currently offers both. However, I hope this clarifies the distinction between the two. -Eric