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To: Darth Trader who wrote (3332)2/1/1998 4:38:00 PM
From: Richard Estes  Read Replies (1) | Respond to of 11149
 
I am not sure anything is wrong with it. each day you are looking back 50 days so your reference point changes each day you step back. I have never worked with Ver 1, but I see no problem in your logic. no reason to think it should double. BTW you are getting the max close rather than high.



To: Darth Trader who wrote (3332)2/1/1998 5:30:00 PM
From: Craig DeHaan  Read Replies (1) | Respond to of 11149
 
Darth,
Why not just set the loop to (-3,-5) once and see if you get 23 hits. That would verify the results of the (0,-5). The 111 total hits seem within tolerance range.



To: Darth Trader who wrote (3332)2/1/1998 10:22:00 PM
From: Tim Fierro  Respond to of 11149
 
Richard, I am hoping you could supply a fix for this scan, when I run Loop(0,-2)[3 days] I get 88 charts, if I change it to Loop(0,-5)[6 days] I get only 111! One would think it would be double, but the market may not have 88 new highs in those 3 days. TIA

Darth, I don't think the number is wrong. While you only got 23 more charts with the extra 3 days, it could be that some of your stocks in the 88 list were ALSO included in the 111 list since they hit new highs in consecutive days. It is also quite possible that there were just not very many that hit the new high.

Tim