From: "Tom Worley" <stkguru@netside.net>
Subject: Re: [CANSLIM] SOCR
Date: Wed, 10 Sep 1997 08:12:09 -0400
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Sorry, should have explained better. On my computer at work I can set up to five limit minders on a wide variety of items including bid or offer over or under a limit, vol over a set limit, last trade over or under, news, etc. I get an audible (if I'm there to hear it, I do a lot of running around in the office) as well as a visual indicator when a limit is hit. Since my machine is officially for my "day job" I try not to load it down with too many limit minders as this slows it down, and normally I would use more price oriented limits looking for breakouts, new highs, etc. However, with the small caps I am finding that putting limits on volume, then manually checking to see how the price is acting, works better and can alert me to a stock about to make a big move before that move has completely happened. I still wait for the move to begin, but I am better prepared to act quickly. Any statements or opinions are strictly my own and not that of my employer. My comments should not be interpreted as a recommendation of any kind. I am a licensed (inactive) broker and an active investor. All investors should do their own research prior to any investment, especially one learned about on the Internet. Hopefully my comments will better inform and educate all investors. tom w - ---------- From: Dan Musicant <musicant@autobahn.org> To: canslim@mail.xmission.com Subject: Re: [CANSLIM] SOCR Date: Wednesday, September 10, 1997 8:06 AM On Tue, 9 Sep 1997 23:52:23 -0400, you wrote: << Volume limit minders right now appear to be the single most important indicators. >> << tom w >> Tom, what are *volume limit minders*? Something you watch, or program or something like that? Dan - ----------
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