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Author: foolsmith Two stars, 250 posts Old School Fool Motley Fool One Everlasting Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 487  
Subject: screening with TC2000 Date: 5/15/2003 2:33 PM
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An interesting new screen was introduced by DrBob2 on the MI board
last 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 and
http://boards.fool.com/Message.asp?mid=18276195

1) Price > 5
2) Market Cap > 100
3) Price > 52-week high x 0.9
4) Average 10-day volume > 0.05 x Average 3-month volume
5) 52-week return > 50
6) Sort by high 4-week return

The stock screen can be generated with TC2000 with the following formulas
1. Define a PCF for 1 yr % price change (say 0-RS52): 100 * (C - C250) / C250
2. 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 Max
5. Sort the scan on 0-RS19d

For 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, APPX

But with TC2000 I can quickly look at the charts or play with other TA tools.

- foolsmith
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