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Strategies & Market Trends : Technical Analysis for Macintosh Users -- Ignore unavailable to you. Want to Upgrade?


To: PuddleGlum who wrote (713)7/17/2000 6:35:42 AM
From: LastShadow  Respond to of 1541
 
It looks pretty interesting and discriminating. I plugged it in this morning and will see what it screens out. Right now its showing about a 3% selection rate, which means of my 250 stock list, I should get 8 tickers. I will put those in the Quotetracker and see what happens today. Tonight when I get a bit more time I will look at it further.

scott



To: PuddleGlum who wrote (713)7/17/2000 6:44:12 AM
From: LastShadow  Respond to of 1541
 
The Puddleglum Indicator

...screened out 8 stocks:

DIS
ENON
G
HAS
NBTY
NMGC
PER
SYBS

I own a bunch of ENON, and PER came up in another scan of mine. I will run other tests on it tonight.

ls



To: PuddleGlum who wrote (713)7/17/2000 3:54:20 PM
From: LastShadow  Read Replies (1) | Respond to of 1541
 
Of the 8 stocks your indicator screened out, ENON was up 10+%, SBTY up 3.4% and PER up about 3%. NBTY was flat, and DIS, G and NMGC down 2+%

I suggest adding an OBV screen - say the OBV(10)>ma(5,s,OBV(10)), or some other volume accumulation indicator and relaxing the PuddleGlum Indicator (PGI) to bring in a few more stocks.

I will set the PGI up as a custom indicator instead of a db scan and see what it is missing in the next few nights.

lastshadow