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Strategies & Market Trends : The Market Beacons -- Ignore unavailable to you. Want to Upgrade?


To: Magnatizer who wrote (844)4/24/2001 9:33:05 PM
From: Magnatizer  Respond to of 1298
 
scan hits, cut and paste form

KEY
WM
H41600
C51600
MRK
U
NSC
BMY
PHA
NSC
WMB
G
REP
IMNR
BTGC
HD
IBM
AMR
R
ALEX
NETA
HET
LU
LTD
XRX
SUN
OXY



To: Magnatizer who wrote (844)4/25/2001 11:17:42 PM
From: Magnatizer  Read Replies (1) | Respond to of 1298
 
Scan hits

This scan attempts to find stocks/indexes/commodities
which are extended to either the up or downside.

It is based on short term (fast moving) technicals only. NO
FA is involved in the scan hits. These are simply
candidates I use to zero in on trading vehicles.

First column tells if security is a long or short candidate
based on what the scan is looking for.

The second column is the rating I give the hits based on
eye scan of each chart.

Rating is on a 0-4 scale. Rating level is the middle column.

0: Has a very low chance to set proper indicators or bar pattern in the next 2 days.

1: needs dual additional formations (indicator turn and bar pattern)

2: needs one additional formation (indicator turn or bar pattern)

3: Formation is set. Watching for pattern confirmation

4: pattern confirmed. Indicators are set.

The last column looks a bit odd as it is a file with long
extension. The last extension of the file is the key as
it points out which index/sector the stock is from.

Long 1 FBF FLEETBOSTON FINL C:\0MSData\commentaryindices\banks
Long 2 MEDI MEDIMMUNE INC C:\0MSData\commentaryindices\biotech
Long 2 C51600 Corn C:\0MSData\commentaryindices\crbcontcontract
Long 2 H41600 Heating Oil #2 C:\0MSData\commentaryindices\crbcontcontract
Long 1 LH1600 Lean Hogs C:\0MSData\commentaryindices\crbcontcontract
Long 2 MRK MERCK & CO INC C:\0MSData\commentaryindices\djindustrials
Long 2 UNP UNION PAC CORP C:\0MSData\commentaryindices\djtranys
Long 2 NSC NORFOLK SOUTHN C C:\0MSData\commentaryindices\djtranys
Long 1 U US AIRWAYS GROUP C:\0MSData\commentaryindices\djtranys
Long 1 SGI SILICON GRAPHICS C:\0MSData\commentaryindices\iix
Long 2 PHA PHARMACIA CORP C:\0MSData\commentaryindices\sp100
Long 1 DOW DOW CHEM CO C:\0MSData\commentaryindices\sp100
Long 2 WMB WILLIAMS COS INC C:\0MSData\commentaryindices\sp100
Short 1 IMNR IMMUNE RESPONSE C:\0MSData\commentaryindices\biotech
Short 1 ALEX ALEXANDER & BALD C:\0MSData\commentaryindices\djtranys
Short 1 R RYDER SYS INC C:\0MSData\commentaryindices\djtranys
Short 2 LU LUCENT TECHNOLOG C:\0MSData\commentaryindices\sp100
Short 1 LTD LIMITED INC C:\0MSData\commentaryindices\sp100
Short 1 OXY OCCIDENTAL PETE C:\0MSData\commentaryindices\xoi