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

[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.

To reply:  http://groups.yahoo.com/group/equismetastock/post?act=reply&messageNum=5489
------------------------------------------------------------------------

---You are correct, that was an oversight on my part and the amended 
columns b & c required are shown below:--

colb :-If(ROC(C ,20 ,% ),>,Ref(ROC(C ,260 ,% ),-20),If(ROC
(C ,20 ,% ),>,0,1,0),0)

colc :-If(ROC(C ,65 ,% ),>,Ref(ROC(C ,130 ,% ),-65),If(ROC
(C ,65 ,% ),>,0,1,0),0)


 In equismetastock@xxxx, "Barry Seeger" <barry.seeger@xxxx> wrote:
> I wondered about that.  There is another issue too: in cols B & C, 
the
> short-term ROC'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?
> Barry
>  
>  
> -----Original Message-----
> From: yellowstoneuk [mailto:yellowstoneuk@x...] 
> Sent: Friday, 15 November 2002 9:32 AM
> To: equismetastock@xxxx
> Subject: [EquisMetaStock Group] Re: momentum exploration
>  
> --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@xxxx
> 
> 
> 
> Your use of Yahoo! Groups is subject to the Yahoo!
> <http://docs.yahoo.com/info/terms/>  Terms of Service.


------------------------ Yahoo! Groups Sponsor ---------------------~-->
Share the magic of Harry Potter with Yahoo! Messenger
http://us.click.yahoo.com/4Q_cgB/JmBFAA/46VHAA/BefplB/TM
---------------------------------------------------------------------~->

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/