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Technology Stocks : RRRR: Rare Medium Group (soon to be) formerly ICC -- Ignore unavailable to you. Want to Upgrade?

To: chalu2 who wrote (104)	1/27/1999 4:46:00 PM
From: Jibacoa	Respond to of 1150

The stock closed down only 1/32 in spite of the general market, volume was a little more than yesterday's but still quite below the up volume days of last week. The price is now just below the 10 day average. First "support" is at 4.44 and the next at 4.25 which is where the 25 days average line is presently at. Has to close above 5.50 to regain its "momentum". Of topic: <<<What type of "screening method do you....>>> I presently keep about 2300 stocks in an "active" "data-base" and use some "formulas" I developed in the past few years to "scan" the data. At the end of the "scan", which takes about 20 minutes, I get a "report" on different "categories" like "big daily gainers sorted by percent change for the day"; "big weekly gainers sorted by percent change over last week"; "stocks crossing over the 10 day day, 25 days and 50 day averages"; "stocks changing course, that is that had gone down for 5 day and closing above yesterday's price today, sorted by percentage gain";"stocks closing at the day's high price, sorted by percentage gain"; "stocks where the 10 day average crosses over the 25 day average and both of these are above the 50 day average"( this last one category is the one I call on an UPTREND and over the past 2 years or so have found giving me better results, so I subdivide the category according to different price ranges; by market{NY,AM,NASDAQ}and "optionables"among others.After that is then time to look at the "charts" and see which ones it merits to find out more about their line of business, financial reports, etc. Takes time, but it is fun. Good luck to all.