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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: jaytee who wrote (3872)	11/11/1997 1:30:00 PM
From: Dollar Bill	Respond to of 120523

Jaytee, thanks for the kind comments! I am using Telscan, Prosearch for my scans. I have several different searches that I as well as others have shared. (You know who you are, thanks guys). Upon completing the searches, I then print the lists of the respective searches. Usally this generates aprroximalety 120 stocks. Each stock is then looked at on charts. I specifically look at entry points in to the stock using a combination of Moving Averages, Bollinger Band movement, Stochastics, and RSI. As a general rule, I am looking at "long" postions. My searches are designed to find stocks that have limited downside risk, but may move as much as 30% over the few weeks. FWI, the above is a minimum of 6 hours total time, it doesn't "just happen". I occasionally will note a stock that has such a sharp uprising chart pattern that proift taking is inevitable. Thus a short candidate. However, remembering the basic foundation of the search, these "short" postions are extremely short term indeed. Again, the stocks are those that should continue to advance. So far I am pleased with Telscan. Personally my returns, while satisfactory to me, could be better if I would stay away from the "flavors of the day". I was able to concentrate on that in October, and had my best month ever..beating the best previous month by 23%. If you decide on telscan, let me know. If you have other specific questions, drop me an email. I will be happy to respond! $BILL