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Registered User
Joined: 12/10/2004
Posts: 4
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Hello,
I really don't appreciate that I can't speak to a "human being" anymore to get outstanding customer service, but I have a very easy question. I never do PCF's and was interested in the one featured in the above dated Worden Report. I went "back to" the Worden Report dated 11/07/03 as they said to and looked at the PCF, but I have no idea how to do PCF's. HELP>>>>>>>>>>
Thank you.... Jon Radliff
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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Please start by creating the following PCF (the first referenced topic below contains a video on how to create PCFs):
C / C250 > 1.9 AND C / MAXH252 >= .924 AND C >= 20 AND V >= 103
Ranks and fundamentals cannot be included in Personal Criteria Formulas, so you will need to combine the above with the following built in System Criteria in an EasyScan:
EPS Percent Change (Latest Q) - The percentage change in earnings per share from the comparable quarter a year before. Timely stocks will usually have strong recent quarterly earnings to validate the annual earnings strength. This reads in percentage.
You may wish to review the following:
How to create a Personal Criteria Forumula (PCF)
Using EasyScan to find stocks that meet your own criteria
Definitions of all built in scanning and sorting criteria
Handy PCF example formulas to help you learn the syntax of PCFs!
Creating a PCF
Scan from todays WR.
Worden Report November November 7th 2003
Old Worden Reports
Don Worden's report of 11/7/2003
The Daily Worden Report for June 7, 2007
Learn how to use the forums: post a new topic, reply, Search existing topics
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/10/2004
Posts: 4
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Forget it..... Too much "geek speak" to me. I only have an MBA and don't see any "plain english" to what you've just done. All I want to know is to do it exactally how the guy did it. If he did a PCF the way he did it, why do you tell me that I can't us fundamentals and ranks in a PCF? Here we go.... Let's all get totally "misunderstood" using our computers instead of being able to call a human being to get the help we need. Really sad!!!!!!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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QUOTE (radliff) If he did a PCF the way he did it, why do you tell me that I can't us fundamentals and ranks in a PCF?
I'm sorry you're frustrated, but the reference actually starts by indicating it is an EasyScan:
"I create the following easy scan, which I have labeled DARVAS:
PCF:
Close today/close 250 days ago > 1.9
Price as % of 52 wk high >= 92.4%
Price per share >= 20
Volume 1 day-- 103 to max
EPS % change last quarter, rank of 70 or higher"
The PCF reference just seems to be indicating that the EasyScan contains a Personal Criteria Formula.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/10/2004
Posts: 4
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Thanks Bruce....
I'll give er a whirl........
Toodles.......
Jon Radliff
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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