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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: David R. Evans who wrote (8601)	9/12/1998 10:54:00 AM
From: Mel Long	Respond to of 12039

Is there anyone who knows of a data vendor for analysis software that is reasonably inexpensive. I need data on Canadian and US stocks. Thanks.

To: David R. Evans who wrote (8601)	9/12/1998 4:32:00 PM
From: Monty Lenard	Read Replies (2) \| Respond to of 12039

Hi Dave, "In fact, if you were to keep track of the number of stocks falling out of your scans you could USE THAT as a Market indicator. I have suggested that to many people over the years BUT have not done it myself..." I have been doing just that since last Oct and have kept a spreadsheet of the results. Then used Meta Stock to create a chart. It is really amazing what this shows compared to CNBC's market. It told me that the 7/17/98 highs were false and that there was a great deal of distribution taking place after the April highs (actually before but the momentum picked up then). Glad to see you posting again!!! Monty