BOUNCE

[split710]

Photon,

Below the definition that Ameritrade uses, also a link to IBD although to get most of their info you have to be a paid subscriber. I had been a subscriber to their print issue for a long time but decided to convert to electronic as it offers more imo.

"A screen popularized by Investors Business Daily, this screen finds stocks making new 52 week highs that also have high earnings growth a nice confirmation to a 52 week high.
Earnings growth from the previous quarter must be 25%+.
This screen also looks for a volume surge of 125%+ more than average volume."

this will take you to IBD and the can slim theory of W. McNeil
http://www.investors.com/learn/c.asp