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Re: None

Monday, 09/26/2005 1:26:37 PM

Monday, September 26, 2005 1:26:37 PM

Post# of 62520
Scan filtering.

I took the 32 stocks generated by my Magic Box Confirmation scan at the close on 9/23 and filtered them down using the results of backtesting about 130 stocks over the last month.

Filtered out all but IBD ratings of A-, A, A+, B-, B or B+.

Filtered out all that did not have a Fairy Square setup.

Filtered out all stocks but those meeting Ken's Volatility requirements and Liquidity requirements.

Screened the last 3 the above filtering left in the mix by looking to see if +DI had already crossed or had a chance of crossing -DI to the upside at a point over 20.

That left one stock (which is what I'd really like to get down to each day from this "system", ONE stock).

BOOM

IDB rating A, Fairy Square, 123% Volatility as I recall, and Liquidity was down 67% versus one month ago.

In this morning at Friday's closing price of 40.16.



Yorkville / Cornell Tracking Board #board-9964


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