Investing Systems announced the results from Friday's scan of the market for the Stock Picker RT software.
"The market rolled over in a big way this week," said William McKinley, President of Investing Systems. "When we see big down days like that it seems the buying interest gets concentrated into fewer stocks. As a result, Friday's biggest gainer was up more than 10&% in just one session."
The momentum scan that powers the Stock Picker RT produces a short list of stocks to watch every trading day as the market opens. The picks are based on growth and momentum as identified by technical and fundamental criteria.
"We have been looking for a market correction for some time," McKinley said. "Short-term traders always find good trading opportunities when the market sees this kind of volatility."
The Stock Picker RT, which is delivered on CD-ROM, will scan the market with a single click or can be set to scan automatically at intervals throughout the trading day.
The latest version of the Stock Picker RT is self-updating so users will never have to manually upgrade and all market data is included in the price.
"This kind of market demands that short-term traders use properly set stop-loss orders," McKinley said. "We can see spectacular one-day gains even as the market gives back some of the recent stellar run."
Investing Systems Inc. manages a network of websites focused on the benefits of disciplined systematic investing.
Customers in more than 70 countries use Investing Systems products and services to become better, more disciplined investors.
"Stock picking software has been one of our specialties for more than six years," McKinley said. "Our users tell us that picking winners in a down market is as easy as point and click."
For additional information about the Stock Picker RT software visit: http://www.Stock-Picker-RT.com.