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To: IQBAL LATIF who wrote (19297)	8/14/1998 9:36:00 AM
From: James Strauss	Respond to of 50167

IQBAL: Thanks for the kind words... Coming from you, it means a lot... While I don't post a lot on your thread, I always make sure to read it... It's required reading to stay abreast of what really moves the market... Nobody does it better than you... Here is the scan I use for selecting stocks for the 13's thread: *************************************************************** 13's Scan... Here is the TC2000 scan I use: 1. Closing price today = highest closing price in the last 3 months... 2. Volume today > 10 day volume MA... 3. Closing price today < 10.01... 4. Volume today > 50,000... (>100,000 is better)... 5. MoneyFlow is positive... 6. MACD, ROC, RSI, RS, and Sto are positive... Numbers 5 and 6 are done visually after using 1 through 4 in the scans... This is more of a 3 month high scan than a 13 week MA scan... But they do dovetail... ****************************************************************** I'll do some Index and stock analyses on my next post, so as not to clutter up this post... Jim

To: IQBAL LATIF who wrote (19297)	8/14/1998 10:16:00 AM
From: James Strauss	Respond to of 50167

IQBAL: Here is the list of current 13's... techstocks.com Each weekend the list is culled to keep only those with the best momentum... The philosophy of the 13's approach is that before a stock can reach its 52 week high it has to reach its 13 week high... Many times a stock will fall back in price after it reaches its 13 week high... Sometimes it comes right out of the gate and continues moving up... The most successful approach to utilizing the 13's stocks is to wait for a pullback and then select those companies with good or improving fundamentals and or a compelling story about a product or service that has sex appeal to investors/traders... When a stock qualifies as a 13 it is flashing a signal that something is creating investor interest... It is up to each person to do their homework to see if any of the 13's fit their own investing style... Here is a look at the one stock that qualified as a 13 yesterday: clearstation.com One last comment... I have noticed that there seems to be a correlation between quantity of new 13's and market direction... When new 13's are plentiful the market seems to be rising... When new 13's are sparse the market seems to be weak, as has been the case lately... I think this is because the 13's represent stocks priced at 10.00 or less... There will always be some small caps doing well while the majority of small caps may be declining... But, when the general market is declining, moneyflow seems to dry up, even for companies that would normally move to their 13 week highs... Thus, a drop in new 13's seems to confirm general market weakness... The key word here is "seems"... As time goes by I'll have more empirical evidence... Jim