Forum Archive Index - September 2001
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[sharechat] Technical miracle?
Silverfox,
That is a very interesting site you referred to (Barchart.com) - it
is one I did not know about. Lots of good free stuff, but you have to subscribe
US$20/month to access some utilities that they provide, such as fundamental and
technical search engines. The stock rating system they use is based on a
mixture of technical indicators such that any stock earning their 100% Buy
rating is in a short, medium and long-term uptrend. This is not as rare as you
might perhaps think. For example, in the current listing of their top 100
stocks, 57 have a 100% Buy rating. There are bound to be other stocks rated
similarly that are not in this limited list. I was interested to see some of my
current USA holdings listed - ARG, MIMS, TSA.
These ratings are obviously updated every day. I looked at PPD when I first
read your email, and it was rated as 100%. When I looked again later, the
rating had fallen to 96% in reaction to "todays" 2% drop in price.
I am curious as to how you focussed on PPD in the first place. Was it by
using the Fundamentals search engine on this site?
Regards,
Phaedrus.
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