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Strategies & Market Trends : Attitude Alphabet Project -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (93)	6/5/1999 11:41:00 PM
From: wittder	Respond to of 670

Doug, here is my experimental "k" contribution, kdus... what a day it had on friday, good or bad I'll leave up to you. Serious trouble or serious shake and bake! Hit my simple cross over scan. wittderexperiment

To: Doug R who wrote (93)	6/12/1999 5:49:00 AM
From: Doug R	Read Replies (3) \| Respond to of 670

Project results....Week 4. I've tightened up the intraweek % gain to 5% or greater to achieve more than an entry of "na". In other words, if the intraweek gain is not 5% or more, the % intraweek gain will be "na" (non-appreciable). symbol....... 6/4 close.......week high (%).......week close (%) ABAX 2 15/16 3 1/8 (6.38) 3 1/8 (6.38) ADAX 4 13/16 5 7/16 (12.98) 5 1/8 (6.5) CHEX 1 9/16 1 5/8 (na) 1 1/2 (na) CHRS 5 3/4 5 15/16 (na) 5 3/8 (-6.5) DMED 7 1/2 7 1/2 (na) 6 1/4 (-16.66) DPAC 2 1/2 2 3/4 (na) 2 5/16 (-12.5) ENGL 14 1/8 14 3/16 (na) 13 9/16 (-4) ELNT 11 1/16 14 5/16 (29.38) 13 7/16 (21.47) FDO 24 1/16 24 5/8 (na) 23 13/16 (-1) FNCO 22 1/4 24 5/8 (10.67) 23 1/2 (5.6) GCTI 23 3/4 24 (na) 22 1/2 (-5.2) GCOM 10 5/8 10 3/4 (na) 9 1/2 (-10.6) GEOC 58 1/2 59 1/2 (na) 56 5/16 (-3.7) HWL 4 5/16 4 15/16 (14.49) 4 15/16 (14.49) JMED 36 1/4 36 1/2 (na) 34 3/4 (-4.1) MCOM 10 15/16 12 1/8 (10.85) 10 13/16 (-1.1) MLOG 2 1/16 2 7/16 (18.18) 2 (-3) NMSS 8 9 7/8 (23.43) 8 1/16 (na) NSPK 13 1/4 13 5/16 (na) 13 (-1.9) ODIS 4 1/2 5 3/16 (15.27) 4 3/8 (-2.7) PARL 2 1/16 2 1/8 (na) 2 (-3) PMIX 3 3 1/4 (8.3) 2 7/8 (-4.1) QEDC 11 15/16 12 (na) 11 1/4 (-5.7) RAIL 10 10 1/16 (na) 9 15/16 (na) REHB 3 3/8 3 1/2 (na) 3 5/16 (na) UMED 10 5/8 11 11/16 (10) 11 1/2 (8.2) UNMG 3 1/2 3 11/16 (5.3) 3 5/8 (3.5) VCI 36 3/4 39 1/4 (6.8) 37 5/8 (2.3) VOL 22 1/4 24 3/8 (9.5) 22 1/16 (na) VVTV 16 3/4 18 11/16 (11.56) 18 5/8 (11.19) WLM 15 1/2 15 1/4 (na) 15 1/4 (na) WTT 2 1/4 2 7/16 (8.3) 2 3/16 (-2.8) XOMA 4 5/8 5 1/2 (18.9) 5 3/8 (16.21) 32 stocks.....11 (34%) of which showed intraweek gains of 10% or more during a week that the DJIA was down 4 days out of 5. Only 3 stocks in the group closed the week with a greater than 10% loss. None of those 3 ever met the buy criteria in the first place. I think just about every internut lost 15% or more this week. A look at each chart again shows that an initial move over Friday's close on significant volume (as compared to that stock's avg) is a solid buy signal. A judgement as to whether a stock will trade on greater than average volume must be made during the day as trading is in progress. If avg is 100K and a move up on 45K is seen within the first couple hours of trading, that's a buy signal as long as the bid/ask size can stay mostly positive. Initial stop should be a mental stop at or just below Friday's close. Follow price increase up with trailing stops. For a time horizon beyond intraday to day activity, use trendlines of the type that would dictate that a stock would become a repeater/carry-over. I'll go over the repeater/carry-over portfolio next. The project works very well. Doug R