Saturday, July 16, 2005

SCANNING FOR STOCKS

I scan thousands of stocks each day to find the best opportunities in all markets. The ones that make the cut become setups that go onto my watch lists, where I follow them for buy or sell signals. Each setup has a pattern that expects price to act in a certain way. All I do is wait for the stock to hit the trigger point that defined the scan in the first place.

Technology offers instant access to all kinds of customized market scans. Whether you use an online service or roll your own with a stock database program, scanning provides an effective method to find the best plays the market has to offer.

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