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Strategies & Market Trends : Befriend the Trend Trading -- Ignore unavailable to you. Want to Upgrade?

To: Nancy Stall who wrote (2153)	10/28/1998 12:09:00 AM
From: feewaybill	Respond to of 39683

Some answers are here.......http://www.investors.com/ a free education course......Bruce

To: Nancy Stall who wrote (2153)	10/28/1998 8:43:00 AM
From: Dr. Stoxx	Read Replies (2) \| Respond to of 39683

Nancy, IBD = Investors Business Daily, a newspaper The EPS figure I am using comes from the IBD and is listed for each stock. It reflects the percentile a company is in with respect to its earnings growth over the last 12 months. A 10% stop is a stop loss set up with my broker to sell automatically should the price drop 10% below where I bought it. I move this up each evening (hence, "trailing") if the price closed higher. I leave it alone if it closed lower. RS = relative strength, and again is a figure listed in the IBD for each stock. It shows the relative momentum of price compared to all other stocks over the last year. TC.

To: Nancy Stall who wrote (2153)	10/28/1998 8:52:00 AM
From: Dr. Stoxx	Read Replies (2) \| Respond to of 39683

Nancy, PS: don't feel lost. The BTTT parameters are all still in play. I'm just trying to find a way—a more mechanical way—to screen stocks. I want to find the common ground among those stocks that respond well to the traditional BTTT signals, and in this way avoid the ones that don't. I.e., some markets hit 75 Stochs. and keep trending up for weeks...and I'm assuming this sort of continuous strength is due to strong earnings and other positive fundamentals. And some hit 25, and show a buy signal, and continue trending down for weeks. Again, I assume poor fundamentals to be at play. In short, I am looking for a way to combine pure technical analysis with a further screen that takes fundamentals into account. It seems to me that the info. the IBD provides might prove a handy, purely objective tool toward this end. TC.