Key Point 2
                       ADX tells us how strong the stock  is  trending,  andthe DMI tells you which direction.  When  you  combine  this  with  High  RSvalue stocks, you will end up with a solid trading list  of  stocks  in  themomentum phase.  After I have scanned the charts I will check  some  of  theother specific searches on TRADINGMARKETS.COM such as Pullbacks,  Explosionsand "Where the Action Is" list.  I will then work my way  through  the  sitefor stocks I might have missed from checking my master lists.                        Mandatory  reading  for  you  everyday  is  the  TopRelative Strength and Earnings New  Highs  List  found  in  the  Hedge  FundManager's Corner.  These stocks have made new highs, and also are ranked  inthe top 15 - 20% of both relative strength  and  earnings.   Normally  thesestocks have the best technical and fundamental  prospects  to  move  higher.You can check any of your other stocks for EPS in  IBD  (Investors  BusinessDaily).                       As you have learned during the course, WRB  breakoutsto new highs from  consolidations  or  pullbacks  are  usually  followed  bystrong continuation moves which is what the day trader can easily  enter  asit trades through an inflection point.                       One other site  I  use  everyday  is  www.fntn.com  .This is a free site that gives you market summaries of the S&P 500, Dow  30,NDX 100 and some of the other major sectors.  These summaries give  you  keydata such as volume relative to 50-day average volume and  where  the  stockfinished in its daily range which is key to your trade selection.  There  isa quick guide to the summary charts on the site.