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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?


To: Ken Adams who wrote (6312)2/19/2000 11:44:00 AM
From: Ken Adams  Read Replies (1) | Respond to of 39683
 
TC and all....

First things first. I mentioned buying SBUX the other day on a signal from BE. It also gave a sell on Friday's action, but I stayed. SBUX looks to be forming an ascending triangle which I interpret to be bullish.

207.61.23.98

Now, about BigEasy. Thanks to Black Mamba for this idea. Here's a way to screen for what may turn out to be the ideal companion for BTTT. Those interested, try this: Start the program and click on "Charting". Note the divider line at the bottom of the chart. If you place your pointer on it you can raise the bottom of the chart about 1/2 inch, or so, to provide a wide blank area across your screen.

Now click on "Big Screens" at the top. Click the + sign on "In Play Screens" then double click the icon for "Pullback Buying Opportunities". Almost instantly the scan is completed and details about those that came through the filter will appear in that blank area below the chart.

I made a slight modification to this scan (probably will make others as I go along). Before double clicking on the icon to run the scan, I clicked the "Modify" box at the lower left. This displays the components of the scan. I then highlighted the line that says "...stocks at or equal to 2" and changed this number to 5. I don't monitor or collect prices on anything trading lower than 5.

Sorry this is so wordy. Nearly done. Once the scan is run you can see how many came through the filter as it is displayed along the bottom of the info. I then click on "close" and it will quickly sort by price. Highest price at the top (or click again and put lowest price at top).

Looking for longs here, I only pay attention to those stocks with an "Enfueg-o-meter" in the green. Fun!

Ken