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Author: tm2001 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 80  
Subject: Re: Looking for bases in all the wrong places Date: 2/24/2001 3:55 PM
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Gary: I have spend a bunch of time in the past looking for a way to create formulas to help with Weinstein-type scans. One thing that appeared to hold promise at one time, and which I haven't had the time to fully research, was to look for the 10d or 20d crossing above a 150d which has been declining steadily for at least x months (pick your timeframe) and is starting to flatten out. Then a 50d starting to turn up also looked like it would be a good addition to the pcf. However, like I said, I haven't researched it fully. I just never could seem to get it to work consistently. As an aside, an associate of mine uses the Weinstein model to trade sector funds and appears to do quite well with it. I try to set aside at least one day per week for this type of research, and maybe it's time to dust off my old formulas and try them again. However, for real trades, I'll stay with the model outlined in my posts on the CANSLIM board. At least for now. Please keep us up to date with your Weinstein research. I hope you hit a home run with it.
-tradermike
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