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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER -- Ignore unavailable to you. Want to Upgrade?

To: Judith Weintraub who wrote (532)	11/22/1997 1:44:00 PM
From: James Strauss	Respond to of 836

13 Week New Highs.... >>>An idea came to me upon awakening this morning - seems to me that your best way of picking stocks on the way up to 99RS would be to look at new highs over a set period of time - the repeats are bound to have increasing RS and should get toward the 99 target! Anyone tried this on a studied basis?<<< *********************************** Judith: I use a 13 Week New High scan... I especially like turnaround stocks that are way off their one or two year highs that just made a 13 week high... The making of a 13 week high with positive moneyflow and positive MACD, may signal a resumption of the intermediate uptrend... Jim

To: Judith Weintraub who wrote (532)	11/22/1997 2:31:00 PM
From: peter n matzke	Read Replies (2) \| Respond to of 836

Hi Judith: i have been back testing the Stock Farmers new high program and it seems to work great. 1. must set a new high at least .5 greater than old high with at least a 50% increase in volume over average volume and 50% over preceeding days volume 2. works best if breaking out from a base or price gaps up 3. IBD RS must be greater than 60 4. IBD EPS must be greater than 50 4. minimum of 2 institutional owners 5. group strength is positive/improving 6.members of group are setting new highs 7.annual earnings growth greater than 35% or quarterly earnings growth growth greater than 70% or annual revenue growth greater than 50% 8. average daily volume exceeds 80,000 9. price is greater than 7 10 float is less than 40 million try it i think it will find the future 99's before they have run up good luck to all peter