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Re: Chartscanner help.



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In a message dated 10/26/98 2:16:45 PM Central Standard Time,
budfox2@xxxxxxxxxxxxx writes:

<< I'm currently running Chartscanner in SC 4.0 to scan for the Hit and Run
 setups everynight, but somehow it seems to miss some of the signals.
 I've enabled the alerts in the indicators, but it still doesn't catch
 everything.  What's wrong?  Does anyone have any suggestions? Any help
 would be greatly appreciated.  Thanks. >>

How many stocks are you scanning?  I scan through about 1500 every night for
Hit and Run setups as well and sometimes I miss some too.  However, I don't
worry about it too much because I usually get enough to make a living.  I
realize I have missed some when I happen to check a stock I like and there is
not a signal given yet it meets the criteria.

This is one of the reasons I do not use TS for live trading, just to give me
the setup.  I think the missed setups is probably another of those problems
with TS.

BTW, which setups do you find the most profitable?  I would like to hear your
feedback.  Have you used these long and have you used the setups from the
second book?

Pert