[pcabc]

Hi all, I'm new to the forum, thanks so much for creating and maintaining this!  I'm still a relative newby to doing my own thing in the market (about 7 years), but after going through different strategies (winging it, dividend investing, Peter Lynch, etc.) I was pretty psyched to read Weinstein.  So much of what he talks about is what I was starting to feel intuitively, regarding how the market has already priced in so much in a stock, and for us regular investors, the P/E, PEG, good news, bad news, earnings reports, blah blah blah is of limited use.  Peter Lynch was flying to  different countries talking to CEOs to make his decisions.  Obviously we aren't.

I know there have been a lot of questions about screens, but I'm having a hard time figuring out how to create a screen for a managable number of stocks to consider.  Part of it is that there are so many choices of every variable, and I'm not exactly clear which is the best.

For example, moving average.  He discusses the 30 week moving average.  Is this the simple or weighted moving average?  And, is it the 200 day, or 150 day?   

Also, resistance lines.  These seem so variable.  Do you go with whatever the stock chart is telling you is the resistance line, or go with your own definition?  Particularly with a stock that may already be in stage 2, a new "resistance line" may be higher than the one it broke through.  How do you define these?  Thanks!

The 30 week average is approximately a 150 day simple moving average.  I've found some utility with screeners which detect breakouts or stocks close to channel edges.  Screening on daily volume compared to a longer term average, or a shorter term average compared to a longer term average is also useful.