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To: Shinin' Times who wrote (3390)2/9/1998 10:55:00 AM
From: Sean W. Smith  Respond to of 11149
 
Fred,

Great. So start it out and post your system tests. Show us how its done....

Sean



To: Shinin' Times who wrote (3390)2/9/1998 1:11:00 PM
From: TechTrader42  Read Replies (1) | Respond to of 11149
 
Fred: Thanks for your reply, and congratulations on your picks, BOBS and GTST. Right now, BOBS is up 7/16 and GTST is up 5/8. Nice work.

Brooke

P.S. I've got a great MACD scan, but it's for QP2. I'll pass it along when the new version is released.

P.P.S. Have you formulated a scan for these criteria (which you decribed in a previous note)?:

- Liquidity - no issues which trade too thinly.
- Relatively low price. Need to trade high volume of shares for profit
objective.
- Current day range clearly above prior day range. The breakout.
- The breakout is new, ie. prior days did not have similar pattern.
- The breakout is supported by volume increase.
- The breakout is occuring at a "low ebb" in the chart history.
- Typical daily range should be sufficient to warrant profit objective.