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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Challo Jeregy who wrote (18924)	1/18/1999 3:41:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 42787

I got MetaStock end of day 6.X. I love it! At first I had to bring my site down because I couldn't figure out how to post multiple charts but once I figured it out, I have more there now than ever and though I am not in touch with them as much before ( I used to use Excel and PowerPoint so I had a lot of hand massaging) I can post, run and scan twice as many as before. I am adding daily and taking requests. I believe in September the P&F percentage indicator was early the first time and the market tanked one last time that would have caught many off guard if they had taken it as gospel but it did catch the bottom on the second signaled turn up. That is why I want to be able to do it myself. If I can run it with a smoothing indicator or slow the signal a period or two, it may prove more useful. I saw over on the P&F thread it was turning down to 70 recently. Maybe I could run it like my MAs with a faster period for exits and a slower one for entries. I have been running scans all morning and have many mixed signals. Candles show a bullish chart, Renko, three line and P&F look more bearish on many stocks and indexes. I may not try to catch a bottom and just wait for some confirmation. As a matter of fact I am trying to find some good short candidates to hedge but my favorites aren't quite ripe yet. Will send you a PM in a minute. Good Luck, Lee Edit - Thanks JXM for the explaination of the indicator.