StockFetcher Forums · General Discussion · Check this out "Industry less than 1"<< >>Post Follow-up
SAFeTRADE
644 posts
msg #55493
Ignore SAFeTRADE
modified
10/3/2007 12:32:14 PM

Look at the stocks that this pulls up. I wonder why all the stocks do not have an industry designation? Sure leaves a lot of winners off when you sort by industry. Just my thoughts...

Fetcher[
set{rss, close / close 90 days ago}
set{spxc,ind(^spx,close)}
set{spx120,ind(^spx,close 90 days ago)}
set{rsb, spxc / spx120}

set{rs1, rss - rsb}


close > 15
shares outstanding < 100
ma(50) > ma(200)
industry < 1


add column rs1
set{momo, ma(50) * 1.2}
draw momo on plot price
sort column 5 descending
]



nikoschopen
2,824 posts
msg #55494
Ignore nikoschopen
10/3/2007 12:53:53 PM

Uhmm, I lost you there completely. Where does ure assertion "Industry less than 1" fit into the overall scheme of ure filter and why did you insert the line "Industry < 1", which is meaningless by itself?

Don't mean to sound harsh or critical. Just curious.

lockwhiz
206 posts
msg #55496
Ignore lockwhiz
modified
10/3/2007 1:20:50 PM

industry < 1 ...lets see what we are looking at :


Fetcher[
set{rss, close / close 90 days ago}
set{spxc,ind(^spx,close)}
set{spx120,ind(^spx,close 90 days ago)}
set{rsb, spxc / spx120}

set{rs1, rss - rsb}

close > 15
shares outstanding < 100
ma(50) > ma(200)
industry < 1

add column rs1
set{momo, ma(50) * 1.2}
draw momo on plot price
sort column 5 descending



add column industry
]




SAFeTRADE
644 posts
msg #55497
Ignore SAFeTRADE
10/3/2007 1:29:03 PM

Industry < 1 means to me these stocks have not been put into any "Industry", thus when you do a scan by industry these would not appear. So if you want to scan for say "solar stocks" , jaso, spwr, fslr, would not appear in your scan. These come up N/A under the industry column. It means they have not been assigned an industry number and industry < 1 finds those. Most appear to be new stocks.
My question still remains, why do they not have an industry assigned?

StockFetcher Forums · General Discussion · Check this out "Industry less than 1"<< >>Post Follow-up

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