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Strategies & Market Trends : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Harry Ehrlich who wrote (1243)	11/29/1997 12:53:00 AM
From: TFF	Read Replies (1) \| Respond to of 12617

Harry: A good place to find story stocks is Briefing.com. It's the only site on the internet that's worth paying the monthly fee(besides SI)

To: Harry Ehrlich who wrote (1243)	11/29/1997 12:57:00 AM
From: Richard Estes	Read Replies (3) \| Respond to of 12617

"Guys like Jeff Cooper have their own software written. They can scan through thousands of stocks and flag their specific setups. " Programs such as Metastock 6.5 and Window on wallstreet 5.0 can be setup to do cooper's scans, they are very simple. You require end of day data source. ATR(21)>1.13 should measure volatility. Another element in a scan. Cooper likes low float stocks which eliminate most of the high caps. using IBD, he likes RS>95 on longs and RS<30 on shorts. So there is a means of filtering stocks even further. If you think earigs have anything to do with price, throw in EPS>80 for longs, EPS<50 for shorts. now with float, EPS, RS, and ATR your 11,000 is down to maybe 200-300. now you scan and set up list.

To: Harry Ehrlich who wrote (1243)	11/30/1997 4:32:00 PM
From: ian	Read Replies (4) \| Respond to of 12617

I am interested in learning how one decides which stocks in which to trade. I have heard that some traders make a "book" of stocks which they follow and trade. Is this a preferable way to day trade? For those who have a "book" of stocks in which they trade, how did you make that book? What exactly do you look for in stocks which you wish to day trade? I would expect fairly healthy volume (over one million?) and volitility (at least 1 point difference between daily high and low?). Any other minimums one should look at? Can anyone suggest some stocks which one should look at if they are just getting started day trading? I expect one would not want to start off playing fast moving stocks like INTC and CPQ. I guess another option of creating a "book" of 10 to 15 stock in which to trade is simply to trade stocks in the news. Has anyone had any luck doing this? Please respond either on the thread or via email at: iwyatt@jvlnet.com Thanks a lot. Ian