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A better question might be-- how many candidates do you need to fall through
your filters and how many can you follow?
I scan a database of 2000 Stocks daily from my TS portfolio with
ChartScanner and couldn't possibly review all of the hits that pop out.
_____________________________________
At 12:19 AM 10/15/98 -0400, you wrote:
>
>Problem:
>
>Chartscanner performs stock screening from a known set of symbols. This
>means that one must somehow know ahead of time a sub-universe of symbols
>to screen (and there is a much larger potential universe that one could
>scan from but you don't get that in this game because the Chartscanner
>universe is limited in Supercharts and Tradestation).
>
>So the question becomes, what strategy do traders use to collect a
>candidate universe? Scan industry groups first (come to think of it...
>are there symbols for industry groups???)? Or just use a known set of
>assets with known properties?
>
>This isn't a problem for Telescan users... big problem for everyone else.
>I wonder what everyone else does.
>
>- Hacker
>
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