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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Ocote who wrote (9918)1/2/1998 9:23:00 AM
From: David Alan Cook  Read Replies (1) | Respond to of 79227
 
TSSW: Turnaround Pick For 98/Return To Profitability/Reasons:

Outlook For Improved Performance:
----------------------------------
Message 3059738

Reasons That I Like TSSW As A Turnaround Pick:
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Message 3058429
Message 3058666

First Call looking for a profit of .13 for next year. Price to Earnings Ratio for the Industry near 50. Lots of cash . . no bank debt. . sells at a discount to the Industry.

DC



To: Ocote who wrote (9918)1/2/1998 9:53:00 AM
From: Carolyn S.  Read Replies (2) | Respond to of 79227
 
"Please post your screen again if you have time"

Ocote - did you want me to run the screen more often or post my Quotes Plus screen source ? This screen only works well after some low volume or down days, and usually turns up about 50% junk (requiring looking at each chart).

IssueType = Common
AvgVol(0,-59) >= 150 // At least 15,000 shares average volume
Vol(0) > AvgVol(0,-39) // Volume > 2 month vol moving average
Vol(0) > Vol(-1) * 1.25
Vol(-1) > Vol(-2) * 1.25
Close(0) / Close(-5) > 1.05 // > 5% price change in last 5 days
Close(0) < 8 // It's less than 8 dollars

Carolyn S.