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Strategies & Market Trends : Shorts waiting to happen

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To: Greg Butcher who wrote (838)3/5/1998 10:52:00 AM
From: Lachesis Atropos   of 852
 
What's a good rule of thumb for choosing a bottom after
a correction. I was thinking using a 7 day MA with a postive slope to to time my cover?.

Open comments?

Also any pointers to previous posts about scanning for shorts.
My current criteria is how many days in a row a stock was rising. Then averaging how far the price is away from a 20 MA for the last 4 days it was increasing.

Any mailing lists posting potential short?

If not send me some ideas. I currently scan 11,000 symbols a day. I can post the top N results if there is interest.

It seems logical to me that corrections are easier to pick off than timing potential longs. I haven't proven this yet. Any comments from
experience out there.
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