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The TA aspect I'm presently working on has to do with volume, and is as
follows:
Of the 7000 or so stocks I have in my MetaStock folders, would it be wise to
*delete* many of these, say 4000 or so, based on 'Average Volume' traded on
these stocks?
The average volume figure I would be using would be the 100-day moving
average volume. The tentative cut-off level would be 50,000 --- any stock
trading less than that based on the 100-day average would get axed.
Pros: Explorations will be faster.
Cons: Some of those getting axed may suddenly emerge from a dormancy, and
since you axed them you'll never get to play these.
Any suggestions?
Nicholas
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