[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

RE: [EquisMetaStock Group] Re: momentum exploration



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.  Please use this
page to reply.
 







<font size=2 color=navy
face=Arial>I
wondered about that.  There is
another issue too: in cols B & C, the short-term ROC&#8217;s were required
to not only be larger than the long-terms, but also they had to be greater than
zero.  How would you include that requirement?

<font size=2 color=navy
face=Arial>Barry

<span style='font-size:
10.0pt;font-family:Arial;color:navy'> 

<span style='font-size:
10.0pt;font-family:Arial;color:navy'> 

<span
lang=EN-US style='font-size:10.0pt;font-family:Tahoma;mso-ansi-language:EN-US'>-----Original
Message-----
From: yellowstoneuk
[mailto:yellowstoneuk@xxxxxxxxxxx] 
Sent: <st1:date
Month="11" Day="15" Year="2002"><span lang=EN-US
 style='font-size:10.0pt;font-family:Tahoma;mso-ansi-language:EN-US'>Friday, 15
 November 2002<span
lang=EN-US style='font-size:10.0pt;font-family:Tahoma;mso-ansi-language:EN-US'>
<span
 lang=EN-US style='font-size:10.0pt;font-family:Tahoma;mso-ansi-language:EN-US'>9:32
 AM<span lang=EN-US
style='font-size:10.0pt;font-family:Tahoma;mso-ansi-language:EN-US'>
To: equismetastock@xxxxxxxxxxxxxxx
Subject: [EquisMetaStock Group]
Re: momentum exploration

<font size=3
face="Times New Roman"> 

<font size=2
face="Courier New">--I have amended the
exploration to reference the previous period in <font
size=2 face="Courier New">
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@xxxx]
> Sent: <st1:date
Month="11" Day="14" Year="2002"><span
 style='font-size:10.0pt'>Thursday, November 14, 2002<font
size=2 face="Courier New"> <st1:time
Hour="19" Minute="4"><span
 style='font-size:10.0pt'>07:04<font size=2
face="Courier New">
> 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@xxxx] 
> > Sent: <st1:date
Month="11" Day="13" Year="2002"><span
 style='font-size:10.0pt'>Wednesday, 13 November 2002<font
size=2 face="Courier New"> <st1:time
Hour="12" Minute="17"><span
 style='font-size:10.0pt'>12:17 PM<font size=2
face="Courier New">
> > 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:<font size=2
face="Courier New">
equismetastock-unsubscribe@xxxxxxxxxxxxxxx



Your use of
Yahoo! Groups is subject to the Yahoo!
Terms of Service. 










Yahoo! Groups Sponsor


<font face=arial
size=-2>ADVERTISEMENT<img src="http://ad.doubleclick.net/ad/N879.ameritrade.yahoo/B1054521.11;sz=300x250;adc=ZHS;ord=1037332549?"; alt="" width="300" height="250"
border="0">









To unsubscribe from this group, send an email to:
equismetastock-unsubscribe@xxxxxxxxxxxxxxx





Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.