jaketheguy 52 posts msg #38287 - Ignore jaketheguy |
10/1/2005 4:57:41 AM
The filter below finds stocks:
(1) setting 6 month highs on above average volume
(2) at least twice in the last five days.
Such a filter was recently requested on the 'General Discussion' forum.
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jaketheguy 52 posts msg #38288 - Ignore jaketheguy |
10/1/2005 5:05:47 AM
The filter below is similar to the previous, except it is looking for 12 month highs. A column was added that provides the number of times the criteria was met in the last five days.
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jaketheguy 52 posts msg #38289 - Ignore jaketheguy |
10/1/2005 5:07:33 AM
By the way, this thread would have been more appropriately titled "New highs on volume", since the above filters find both stocks that are already ascending, as well as stocks that are breaking out of a prolonged base.
Cheers!
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jaketheguy 52 posts msg #38292 - Ignore jaketheguy |
10/1/2005 9:44:17 AM
Okay, I added a modification to the latter filter in the hopes of finding stocks breaking out of a long base:
Upon review of the five stocks returned, the TGC chart most resembles that classic 'Sam Weistein stock' entering Stage II (at least according to my recollection of the book).
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jaketheguy 52 posts msg #38293 - Ignore jaketheguy |
10/1/2005 9:50:41 AM
Wow! I'm starting to backcheck the above filter. Put in an offset of 21 days, and it returns ZENX, with >400% return. Maybe the above filter is great for breakouts of the pennies?!?
LOL!
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alf44 2,025 posts msg #38295 - Ignore alf44 |
10/1/2005 3:19:08 PM
jake,
Damn fine work !
I worked on the scan that was requested on the other board myself. I could never really come up with anything I felt fit exactly the description that the poster requested. You seem to have pretty much nailed it ! I'll really give these filters a closer look a bit later. From what I've seen though...I'm pretty impressed.
BTW, I think you were referring to "Stan" Weinstein...but hey...for all I know maybe "Sam" is his brother. lol
I say again...fine work !
This "logic" stuff is a little tricky for me to get my pea brain around.
But, I'm learning...
Regards,
alf44
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jaketheguy 52 posts msg #38298 - Ignore jaketheguy |
10/1/2005 6:35:31 PM
Thanks alf.
And yes, it is Stan. LOL! I passed on my copy of his fine book a couple years ago. LOL!
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yaotiande 32 posts msg #38307 - Ignore yaotiande |
10/2/2005 5:08:10 PM
Good work, Jake. I did a little reformat here and list for your reference. Something came to light when I saved it to my filter list. Since I have a global filter to check price range and volume range, seems like the liquidity side is a little tight. Let me know if you see errors in it.
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jaketheguy 52 posts msg #38321 - Ignore jaketheguy |
10/4/2005 1:18:35 AM
Nice yaotiande. However, you do realize the subtle difference between mine and yours is what requires mine to be more lengthy, yes?
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yaotiande 32 posts msg #38331 - Ignore yaotiande |
10/4/2005 6:24:15 PM
Sorry, Jake. I'm afraid I'm having trouble seeing that one. You mind enlight me on this. It's looking like a pretty nice filter.
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