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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: ExCane who wrote (3452)2/12/1998 1:58:00 PM
From: Al Greenleaf  Read Replies (1) | Respond to of 11149
 
Alex - You notice I called it the "Magic Bullet (?) Scan" (note question mark) because you still have to cull out the buyouts, and the ones that moved 30% yesterday. I was debating whether to increase the filtering by limiting yesterday's move to 1/2 point, or to a percent change. My experience says that 10%+ moves are usually followed by a down day, so I may target 7 or 8% as a limit. Any thoughts, tweaks or suggestions are welcome.

-Al


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