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Heidi,
At the equis.com site, click on "hot stocks". You can screen
for:
Most overbought stocks
Biggest % gainers over last week
Stocks breaking out of consolidation (downside)
Stocks crossing below 200-day m.a. on double average volume
and the most useful (only my opinion):
Stocks with Bearish Engulfing pattern
As a "rule of thumb" when observing supply and demand:
Things go down twice as fast as they go up. You're on the right
track, just keep diggin'.
Steve Karnish
CCT
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> From: Heidi Stubner <stubner@xxxxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: Shorting Stocks
> Date: Thursday, June 04, 1998 12:47 PM
>
> I'm testing a few theories on using indicators on shorting
stocks.
>
> Thestreet.com provided the following criteria for shorting:
>
> 1) A major downside break of at least 1 point or more.
> 2) Increase in volume (more than 100% rise versus average
daily volume)
> 3) Stock closes below its 50-day moving average.
>
> I'd appreciate your comments on this, as I've tried using this
theory and
> don't particularly find it of much value.
>
> Thanks.
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