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If you take the PE ratio and stir it into a pint of wild hair's blood and
add an eye of newt... ;-). One method is to screen for a strong pivot low
and then watch for very strong volume on an upward move and buy. Works in
multiple time frames too.
Brent
-----Original Message-----
From: De Vries, Trevor <Trevor.DeVries@xxxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Wednesday, April 07, 1999 12:40 AM
Subject: Stock Picks
>R'Ters
>
>I would like to hear from equity daytraders and how they go about selecting
>stocks for intraday play.
>i.e. do you select a basket of Tech's and watch them, or use a stock
>screening service for criteria selection etc.
>It seems that by the time the 'story stocks' have hit the wire, then it's
>old news and the stock has moved already.
>I'm looking for volume stocks with at least a 1 1/2 to 2 point intraday
>swing for example.
>
>Any input appreciated.
>
>Regards
>
>Trevor De Vries
>
>
>
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