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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: j g cordes who wrote (14967)12/15/1997 3:08:00 AM
From: Johnny Canuck  Read Replies (2) | Respond to of 69946
 
To all,

It looks like some of the indices are at critical support levels again and there
is a possiblity that some will break their multi-year bull channels on Monday.
As it is too late to short most stock I thought I would post this screen
for possible short candidates for the next bounce up.

It is a purely technical screen and does not look at the fundamentals.
This screen looks for stocks dropping more than $1 Friday on heavy
volume.This screen also insists that the companies close
below their 50 day moving average, and the screen looks for companies in
the top half of their two year price range.

YestChg < -1 and Price < AvgPr50da and
Volume > 1.5 * AvgVol20da and MktCap >
500 and Hi2YrChg * -1 < Lo2YrChg

As this list is long I am looking for your opinions if anyone cover any of these
stocks closely. Other technical/fundamental reads are welcome too.

....................12/12.........12/12........Est.......MktCap.......................20Da
Tkr................Price.........Chg.........P/E........($Mill).......Volume........AvgVol
ADRX..........34.81.........-1.13.......58.1........516..........28,500.........8,765
AEIC...........27.13........-1.44.......16.7........ 934..........209,900.......108,450
ANAT..........93.50........-2.50.......12.5.........2,475.......15,600..........5,450
AVID ..........26.75........-2.25.......17.8.........646..........498,500........212,755
AZPN..........34.31........-2.44.......23.9.........706..........421,700........121,155
BAANF........31.25........-2.00.......54.6.........5,781.......1,630,000......770,945
BMCS..........56.63........-2.94.......23.1........5,757........3,979,600......1,533,060
BNKU..........41.25.........-1.25.......14.6........1,169.......83,400...........46,000
CCMC..........31.75.........-1.88.......29.1........1,224.......353,100.........213,665
CDN.............22.88.........-1.69.......20.9........4,777.......2,258,500......867,040
CENT...........26.38..........-1.63.......20.7........505.........134,500.........76,730
CGX..............49.31.........-1.94.......29.3........626..........68,600..........31,425
CNTO............34.75.........-5.25.......38.3........2,436.......4,586,199......1,102,094
CPU..............32.00.........-1.69.......21.9........2,919.......1,493,900.......785,800
CR.................40.31.........-1.44......14.4........1,758........216,100.........79,030
CSCO.............76.56........-6.13.......26.9.......51,459.......26,730,602....8,193,910
GNTX..............21.50........-1.13.......19.1.......758............142,800........83,470
HDCO.............47.25........-4.38........11.1......618.............763,400.......319,375
HRS................42.81........-1.44.........14.0.....3,417..........352,800.......183,420
HYSW.............34.50........-2.25.........23.8.....647.............726,800.......378,355
IBM..................100.38......-1.25.........14.4.....98,594........8,086,699.....4,422,235
IMNX.................47.50........-3.25.........99.0....1,886..........957,400........522,610
INTC..................70.50........-1.31.........16.7....115,126......19,645,301....11,958,829
IS......................24.56.........-1.25........20.3.....971............199,800........77,970
LAF...................25.81.........-1.81........9.1.......1,668.........213,700........72,965
LGTO................36.13..........-2.06........31.6.....638............768,800........230,390
LHSPF..............40.63..........-4.50........26.9.....811............508,300........162,610
LLTC.................55.06..........-4.94........22.3.....4,216.........4,032,900......1,350,465
LSCC................51.00..........-4.31........17.6.....1,187.........1,487,300......746,815
MACD...............66.00..........-2.63........16.3......552...........18,800...........5,800
MAR.................68.00..........-2.13.........22.9.....8,678.........769,700.........210,415
MSA.................38.13..........-1.69.........9.7.......643............382,900.........60,725
MXIM................62.06..........-3.25.........23.5.....4,034..........2,077,000......1,108,970
PKN.................64.69..........-1.06.........17.4......2,841.........649,200..........228,115
PRH.................36.88..........-1.13..........20.6.....1,843.........672,500..........164,650
QTRN...............31.25..........-3.75..........32.8......2,281........608,700..........318,105
RYN.................42.88..........-1.50..........13.8......1,220........138,500..........75,710
SANM...............57.44.........-3.63...........18.9......1,179........1,818,600.......523,540
SCI...................39.69.........-2.88............17.3......2,374........701,500.........376,930
SDG.................59.25.........-3.81.............23.2.....1,482........1,055,900.......287,825
SEBL................39.88.........-1.13.............64.7.....1,378........391,200.........201,595
SROM...............42.50.........-1.75.............16.9.....660...........174,800.........92,275
TKLC.................29.13.........-1.88............36.9......750...........1,419,400......359,890
TKTM.................21.63.........-1.25............N/A.......535...........66,800..........29,545
TLAB.................48.25..........-3.94............28.7......8,756........4,756,898......1,770,989
TREE.................39.66..........-2.59............19.7......1,576.......326,400..........207,195
UNPH.................33.50..........-2.38............33.2......1,151.......625,000..........329,105
VTSS..................35.19..........-1.94............28.9......1,243......1,068,800........619,065
WIND..................34.25...........-2.75...........42.6......872.........550,800..........362,225