RE: Finding "smooth" stocks?

["Jim Dawson" <elatistrt@xxxxxxxxx>]

<FONT face=Arial color=#0000ff 
size=2>David,
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2>Following are two explorations which will find stocks with a high 
percentage of relatively "smooth" stocks that have been trending up over the 
last a) three months and b) twelve months.
<FONT face=Arial color=#0000ff 
size=2> 
In the 
Exploration Editor, put the following in one of the 
"columns":
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2> 
    <FONT face=Arial 
color=#0000ff size=2>(C - Ref(C,-252)) / Ref(C,-252) *100
<FONT face=Arial color=#0000ff 
size=2> 
This 
will give you the percentage gain over the last twelve 
months.
Some 
of the other columns could have the current closing price, average volume or 
whatever has meaning to you.
<FONT face=Arial color=#0000ff 
size=2> 
<FONT face=Arial color=#0000ff 
size=2> 
In the 
Filter, put one of the following, depending on whether you want a three month 
trend or a twelve month trend (or modify for some other 
period)
<FONT face=Arial color=#0000ff 
size=2> 
For 
three months:
<FONT face=Arial color=#0000ff 
size=2> 
(C / 
(1 + ((C - Ref(C,-64)) / Ref(C,-64))))
<FONT face=Arial color=#0000ff 
size=2><=
(C / 
(1 + ((C - Ref(C,-21)) / Ref(C,-21))))
<FONT face=Arial color=#0000ff 
size=2>AND
(C / (1 + ((C - Ref(C,-21)) / 
Ref(C,-21))))<=
(C / (1 + ((C - Ref(C,-5)) / 
Ref(C,-5))))AND
 
(C / (1 + ((C - Ref(C,-5)) / 
Ref(C,-5))))
 
 <= 
 
C
 
AND
 
colB >= 20<SPAN 
class=910140301-09062001>  {I use Column B for my twelve month percentage 
and don't want to see any stocks with less than a 20% trailing twelve month 
gain.}
<SPAN 
class=910140301-09062001> 
<SPAN 
class=910140301-09062001> 
<SPAN 
class=910140301-09062001>For twelve months:
<SPAN 
class=910140301-09062001> 
<SPAN 
class=910140301-09062001><FONT 
color=#0000ff>(C / (1 + ((C - 
Ref(C,-252)) / Ref(C,-252))))
<SPAN 
class=910140301-09062001><=
(C / 
(1 + ((C - Ref(C,-126)) / Ref(C,-126))<SPAN 
class=910140301-09062001><FONT face=Arial color=#0000ff 
size=2>AND
 
(C / (1 + ((C - Ref(C,-126)) / 
Ref(C,-126))))
<=
(C / (1 + ((C - Ref(C,-64)) / 
Ref(C,-64))))
AND
 
(C / (1 + ((C - Ref(C,-64)) / 
Ref(C,-64))))
<=
(C / (1 + ((C - Ref(C,-21)) / 
Ref(C,-21))))
AND
(C / (1 + ((C - Ref(C,-21)) / 
Ref(C,-21))))<=
(C / (1 + ((C - Ref(C,-5)) / 
Ref(C,-5)))AND
 
(C / (1 + ((C - Ref(C,-5)) / 
Ref(C,-5))))
 <= 
C
AND
 
colB >= 20
 
 
<FONT face=Arial color=#0000ff 
size=2>After running the exploration, I sort on the twelve month column (Column 
B) to get the biggest 12 month gainers on top of the list.  Many of the 
stocks in this list (not all) will be "smooth" gainers and momentum 
stocks.  Then comes the question, how to make money from these 
stocks?
<FONT face=Arial color=#0000ff 
size=2> 
Jim 
Dawson

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On 
  Behalf Of David DeFinaSent: Friday, June 08, 2001 12:07 
  PMTo: METASTOCK@xxxxxxxxxxxxx; 
  Metastockusers@xxxxxxxxxxxxxxxSubject: Finding "smooth" 
  stocks?
  
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">I’m 
  interested in identifying stocks that have “smooth” transitions up and down, 
  meaning when a stock is increasing day to day that the lows of the previous 
  day aren’t violated, and vice versa.  
  Also, stocks that have a tendency to increase or decrease multiple days 
  rather than reversing all the time.
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">I know 
  stocks don’t behave consistently all the time, but I’m looking to rank stocks 
  from a specific universe that have the propensity to trade smoothly. <SPAN 
  style="mso-spacerun: yes">  Any input would be 
  appreciated.
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">Thanks,
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt"> 
  <FONT face=Arial color=black 
  size=2><SPAN 
  style="FONT-SIZE: 10pt; FONT-FAMILY: Arial; mso-bidi-font-size: 12.0pt">David 
  DeFina