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RE: Explorer limitations



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Herman,

"Can the MS explorer be used to scan entire sectors or industries, from
existing tables of symbols...."

There is no MS code designating sector or industry membership.  Thus no
current way of having MS by itself 'filter' based on this.  The **only**
basic elements MS has to work with are the five:

  Open, High, Low, Close, Volume

In order to filter based on some exogenous membership, such as industry, you
would have to manually designate those symbols as members to begin with.  A
related approach is to use another **program** to do the initial filtering,
of which there are several, and also you could probably construct one
yourself in Excel.

My hunch of a far better idea is to recognize that an arbitrary exogenous
group membership is **not** of paramount importance, but instead that an
underlying price/volume emerging formation is what you are really after, and
that these select stocks together directly form the best 'groups.'  However,
the detective process of mathematically arriving at these mysterious
'groups' seems to be extremely difficult.  I'm still working at it.

Anyone have further clues?

Nicholas