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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Bob Jagow who wrote (29927)	6/1/1999 10:59:00 PM
From: milesofstyles	Read Replies (1) \| Respond to of 79214

bob sorry it took so long to get back at ya. for bottoms i run several mimbo scans, the only differences being time frames that it looks back. i'll post some hits here when i get organized from last weekend. if you like them, let me know. what the scan is, is a hack job of brooke's cup and handle scan that i changed to try to adjust for the mimbo situation, its main focus is to identify a stock that has moved off of a base and has that left side of the cup established. so basically what i tried to do was to reduce some of the right side of the cup from her scan. not all of the hits will qualify as mimbos, most don't, but its nailed quite a few that are part of the portfolio on the thread. brooke's scan also helped me create an ihs scan that sometimes finds a good one or two but finds a bunch of junk too, lol... milesov

To: Bob Jagow who wrote (29927)	6/2/1999 2:18:00 AM
From: milesofstyles	Read Replies (3) \| Respond to of 79214

bob here's a set of the mimbo scan hits, this particular one is set up for 32 week segments if i'm not mistaken, the 13 week segment, an o'neilian type of base thingy had 75 hits. i think this scan could be adjusted to find the bo's off the base, but that wasn't the original intent based on the mimbo criteria at the time. the mimbo's requiring 2 peaks such as axc displays, and thus bdog's mention of the possibility.what yer after is referred to as the mim, methinks. here's the scan...yeah, this is it, basic as hell, but works, sumtimes,lol, but there are some recognizable ones from the mimbo folio...not that they are late as of this run, but have also hit on previous occasions and the mimbo is a long term play. if someone cuts and pastes on the internet and no one hears it, did that someone really cut and paste? for your purposes, i would add a min calculation equivalent,point e, in time frames to b and c.then create a calculation that sed max and mins are within say 20pct of each other. this would guarantee the channel effect and is probably sumtin that should be added to this as well, then you could require pt a to be no greater than say +/- 5pct of the channel maximums created by b and/or c, thus catching the bo's and prepping you for upcoming bo's... *this is the test i bleev for the first peak, flip the sign to create a longer channel, and of course, i play with the time frames so that i have 4 different mimbo scans. i doubt you'll need any further help creating what yer after, but if ya do, lemme know and i'll whip up what i'm yakking about, if ya do get the idea, drop me yer final result will ya? output="mimbo3.lst"; exchange=AMEX,NASDAQ,NYSE; issuetype=common; weekly; float pointa, pointb, pointc, pointd, pointe; pointd:=max(-96,-300,hi); pointc:=max(-65,-96,hi); pointb:=max(-32,-64,hi); pointa:=max(-1,-32,hi); pointe:=min(-32,-64,lo); if pointa > pointb then if pointb > pointc then if pointb/pointc > 1.1 then //* if pointd/pointa > 1.99 then if pointe < pointa then if pointc < pointd then println symbol," ","pointa ", pointa, "pointb ", pointb; endif; endif; endif; endif; endif; endif; AKLM pointa 13pointb 8.1875 AMEP pointa 12.3125pointb 10.625 ATEC pointa 11.5pointb 10.75 BLSI pointa 10.75pointb 8.9375 CESH pointa 6pointb 5.25 CN pointa 1.5pointb 1.125 CPLY pointa 12pointb 11.375 FTUS pointa 19.125pointb 11.0966387 GTIM pointa 4.125pointb 3.75 HMGC pointa 4.8125pointb 2.25 INTA pointa 7.4375pointb 4.5 JMCGC pointa 2.0625pointb 1.875 KAP pointa 8.75pointb 5.25 LACI pointa 3.3125pointb 2.5625 LMLP pointa 5.0625pointb 3.34375 MNTG pointa 3.75pointb 3.625 MR pointa 5.5pointb 3.625 NTRX pointa 4.375pointb 3.5 ONPR pointa 5.75pointb 4.5 PLAY pointa 6.890625pointb 5.75 PLI pointa 3.625pointb 2.25 PRX pointa 8.4375pointb 6.6875 RAYS pointa 17pointb 13 TACO pointa 10.875pointb 7.25 TRR pointa 5.9375pointb 5.6875 WRPC pointa 8.25pointb 7.75 ZOLL pointa 14.125pointb 10.3125 milesov edit, other manipulations could be made so not necessarily a bottom has been set, but any breakout of a base is caught.