An interesting new screen was introduced by DrBob2 on the MI boardlast December. It is "New High Screamers" and has given excellent returns this year and all through the bear market. It is described at http://boards.fool.com/Message.asp?mid=18271748 andhttp://boards.fool.com/Message.asp?mid=182761951) Price > 52) Market Cap > 1003) Price > 52-week high x 0.94) Average 10-day volume > 0.05 x Average 3-month volume5) 52-week return > 506) Sort by high 4-week returnThe stock screen can be generated with TC2000 with the following formulas1. Define a PCF for 1 yr % price change (say 0-RS52): 100 * (C - C250) / C2502. Define a PCF for volume growth (say 0-vol10av>.05*3moAv): (AVGV10) > .05 * 21 * (AVGV63)3. Define a PCF for 4 week price change (say 0-RS19d) as 19 days matches the results generated by Multex Investor screening tool at marketguide.com.4. Generate a scan: Capitalization value 102 to max (this is as close as I can get to 100) 0-RS52 value 48.9 to max 0-vol10av>.05*3moAv Price as Percent of 52 Week High-H value 89.9 to Max Price per share-H value 4.85 to Max5. Sort the scan on 0-RS19dFor closing prices Wed 5/14/03 I get the same results with TC2000 and with marketguide.com:USG, TPTH, WWCA, PTRY, OSTE, SSYS, EBKR, TREE, MTLG, APPXBut with TC2000 I can quickly look at the charts or play with other TA tools. - foolsmith
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