|
PureBytes Links
Trading Reference Links
|
------------------------------------------------------------------------
You cannot reply to this message via email because you have chosen not
to disclose your email address to the group.
To reply: http://groups.yahoo.com/group/equismetastock/post?act=reply&messageNum=5480
------------------------------------------------------------------------
--I have amended the exploration to reference the previous period in
each of the columns b,c,d. On an exploration on the same date there
were a lot more hits produced with the amended columns. The amount
in column E is easily changes from 0.50 to $5 or any alternative
minimum.
COLUMN A If(C,>=,HHV(C,260)*0.8,1,0)
COLUMN B If(ROC(C ,20 ,% ),>,Ref(ROC(C ,260 ,% ),-20),1,0)
COLUMN C If(ROC(C ,65 ,% ),>,Ref(ROC(C ,130 ,% ),-65),1,0)
COLUMN D If(ROC(C ,130 ,% ),>,Ref(ROC(C ,260 ,% ),-130),1,0)
COLUMN E If(C,>,5.00,1,0)
COLUMN F Sum(VOLUME,10)/10
Filter When(colA,=,1) AND When(colB,=,1) AND When(colC,=,1) AND
When(colD,=,1) AND When(colE,=,1) AND When(colF,>,40000)
- In equismetastock@xxxx, "Yngvi Hardarson" <hardy@xxxx> wrote:
> It may i.a. hinge on how volume is quoted by your data vendor.
> If you're running ReutersDatalink then I think they divide
> all volume by a factor of 100.
>
> Yngvi Hardarson
> hardy@xxxx
>
> -----Original Message-----
> From: hcour [mailto:no_reply@x...]
> Sent: Thursday, November 14, 2002 07:04
> To: equismetastock@xxxx
> Subject: [EquisMetaStock Group] Re: momentum exploration
>
>
> I ran it yesterday. The original screen on Multexinvestor came up
> with about 30 stocks, 24 of which are in my MS database. When I
ran
> the MS exploration I only came up with 1 result. So, yeah,
something
> is definitely not right somewhere.
>
> Harold
>
> --- In equismetastock@xxxx, "Barry Seeger" <barry.seeger@xxxx>
wrote:
> > I appreciated reading this exchange, and put it aside for later
> study
> > for my own learning. I could be mistaken, but there appear to
be a
> > couple of small errors: colb and colc don't seem to require
that
> the
> > ROC's be >0, and in cole, should 0.5 be 5.0, or even 500,
depending
> on
> > your data? No offence intended to the brilliant yellowstoneuk,
but
> I
> > thought I would pass these observations on.
> > Barry
> >
> >
> > -----Original Message-----
> > From: hcour [mailto:no_reply@x...]
> > Sent: Wednesday, 13 November 2002 12:17 PM
> > To: equismetastock@xxxx
> > Subject: [EquisMetaStock Group] Re: momentum exploration
> >
> > YS -
> >
> > Wow. That is fantastic. Thanks so much. Can't wait to try it out!
> >
> > Harold
> >
> >
> >
> > --- In equismetastock@xxxx, "yellowstoneuk" <yellowstoneuk@xxxx>
> > wrote:
> > > cola If(C,>=,HHV(C,260)*0.8,1,0)
> > >
> > > colb If(ROC(C ,20 ,% ),>,ROC(C ,260 ,% ),1,0)
> > >
> > > colc If(ROC(C ,65 ,% ),>,ROC(C ,130 ,% ),1,0)
> > >
> > > cold If(ROC(C ,130 ,% ),>,ROC(C ,260 ,% ),1,0)
> > >
> > > cole If(C,>,0.50,1,0)
> > >
> > > colf Sum(VOLUME,10)/10
> > >
> > > filter When(colA,=,1) AND When(colB,=,1) AND When(colC,=,1)
AND
> > When
> > > (colD,=,1) AND When(colE,=,1) AND When(colF,>,40000)
> >
> > The following is the description of one of the Momentum Screens
> from
> > Multexinvestor.com. It contains no fundamental criteria. It
comes
> up
> > w/some very nice looking stocks.
> >
> > Would it be possible to translate this into MS language to make
it
> > an Exploration? And if so, any chance one of you MS whizzes
would
> > take a crack at it?
> >
> >
>
_____________________________________________________________________
> > Price Momentum
> > SUMMARY
> >
> > This screen searches for stocks that are on the move. The
current
> > price must be equal to at least eighty percent of the fifty-two
> week
> > high, and the stocks must have demonstrated patterns of gradual
> > price acceleration over the past year.
> >
> > DETAILS
> >
> > This screen selects stocks that are exhibiting strong share
price
> > trends. It doesn't contain any variables relating to company
> > fundamentals (i.e. trends in sales and profits). Nevertheless,
it's
> > highly unlikely that any stock could meet all of the tests
> presented
> > here unless the investment community as a whole has broadly
> > favorable expectations about the company's fundamental business
> > prospects.
> >
> > 1) {Price}>.8*{PriceH}
> >
> > Line 1 starts with a simple test that quickly weeds out deeply
> > depressed equities by requiring that the shares now be priced no
> > lower than 20% below their 52-week highs. Shares that are far
below
> > their recent peaks can, for brief periods of time, show strong
> > percentage price gains. But all too often, that sort of strength
> > reflects the poor base upon which comparisons are calculated, as
> > opposed to bona fide fundamental bullishness.
> >
> > 2) {Pr4W%Chg}>{Pr52W%Chg}.AND.{Pr4W%Chg}>0
> >
> > Line 2 points us toward stocks that have recently caught Wall
> > Street's eye in a very favorable way. We want issues whose
prices
> > have risen in the past four weeks and have risen more in those
four
> > weeks than they did in all of the past fifty two weeks.
> >
> > 3) {Pr13W%Chg}>{Pr26W%Chg}.AND.{Pr13W%Chg}>0
> >
> > Line 3, by seeking stocks that have appreciated in the past
> thirteen
> > weeks and done so to a greater extent than they had over the
prior
> > twenty six weeks, is similar to Line 2 except that the latter
> > defines a less pronounced share price acceleration. The benefit
to
> > line 3 is its ability to demonstrate that the short-term price
> spike
> > we found in Line 2 is not an aberration but a continuation of a
> > longer, albeit less pronounced, trend of share price
acceleration.
> >
> > 4) {Pr26W%Chg}>{Pr52W%Chg}
> >
> > Line 4, which requires that the stock have appreciated more in
the
> > past twenty-six weeks than it did in the past fifty two weeks,
> > represents an extension of the concept presented in Line 3.
Lines
> 4,
> > 3 and 2 represent progressively increasing degrees of share
price
> > acceleration.
> >
> > 5) {Price}>5
> >
> > Line 5 weeds out lower tier stocks. It eliminates issues that
trade
> > at or below $5 per share.
> >
> > 6) {Vol10DAvg}>.04
> >
> > Line 6, which requires that average daily trading volume over
the
> > past ten days be greater than 40,000 (.04 million) assures that
the
> > accelerating price trend is accompanied by at least a
respectable
> > level of volume. This enhances the probability that the
improving
> > price trend represents a bona fide assessment of company
> > fundamentals on the part of a reasonably-sized segment of the
> > investment community.
> >
>
_____________________________________________________________________
> >
> > Thanks for any help here,
> > Harold
> >
> > x
>
>
>
> To unsubscribe from this group, send an email to:
> equismetastock-unsubscribe@xxxx
>
>
>
> Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
|