Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (558)	3/12/1999 12:13:00 PM
From: Sun Tzu	Read Replies (2) \| Respond to of 10646

Sounds good. I have an older version of MetaStock (5.1 I think) which I have not played much with. What is the current version and is it worth the extra dough? I use TC2000 from Worden Bros. The charting software is free and is very good for 95% of the folks out there. It does allow for easy scans and filters. For example, I've managed to program it look for stocks that have been in a consolidation pattern for a while and have just broken out of their trading range. Worden makes their money from selling the market close data, so I am not sure how motivated they are to improve the charting software. Last I talked with them they said they are discussing adding various features to it. For now it doesn't let me do the kind of research that I'd like to do. Regarding the scan formula I sent you, you can use it on anything for which you have price data. I run for all stocks that I choose from (about 2700). I've found that the value almost never goes below 9 or over 70. Anything under 20 is moving sideways. Stocks with value of more than 28 have established trends. By the time you hit values of over 55, chances are the stock just got taken over or the momentum players shot it and dragged its dead body on the street. Good luck, Sun Tsu P.S. Not a bad call on my part to short MU yesterday, no? TSM and SEG are holding very well.