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ClearStation Helps Online Investors Interpret and Profit From Trending Stocks



Web Site Introduces Price Action as Essential Element of Stock Investing

SAN FRANCISCO, June 29 /PRNewswire/ -- A group of seasoned Wall Street traders and online financial software experts today announced the launch of ClearStation, a financial advisory Web site that helps investors make more profitable investing decisions by identifying and interpreting stock trends. The site is first to leverage key trending and timing elements of technical analysis and present them in an understandable format ClearStation calls price action. ClearStation can be found on the Internet at http://www.clearstation.com.

ClearStation's unique price action graphs, available for any stock, feature easy-to-read red and green indicator bars that give investors a clear view of the direction in which a stock is most likely to trend. The site's unique integration of graphs, recommended stock lists and in-depth education enables investors to utilize technical analysis techniques typically available only to professional traders. ClearStation's automated trend detection system tracks thousands of stocks to uncover those entering bullish or bearish trends and offer compelling investment ideas throughout each market day.

"Most investment sites offer loads of financial information, but none give investors the means to actually select stocks," said Kris Skrinak, ClearStation, Inc. president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "We've designed ClearStation to help investors learn how and when to take advantage of trending stocks. Our site is ideal for anyone who wants to become a smarter and more confident stock investor."

Three Point Investment Approach

ClearStation presents price action as an essential tool for investors who would otherwise make stock selections based on a recommendation, or on fundamental analysis-the study of a company's projected earnings and other financial data. By integrating price action with core fundamental data and recommendations from the site's community of investors, ClearStation offers a complete Three Point investment approach. For example, those who typically make investing decisions based on fundamental analysis can review ClearStation's price action graphs to confirm whether a stock is trending and whether or not it is a good time to invest.

"Active investors can't rely solely on fundamental information to make trading decisions -- they need certain technical tools as well," said Jane Krueger, investment broker and sponsor of 'How to Become a Skilled Cyber Investor' seminar in San Francisco. "ClearStation is the first Web site to make total sense of technical analysis using lots of explanation and easy-to-understand graphs."

Key Site Features

Daily Investment Ideas -- ClearStation's automated trend detection software tracks thousands of stocks daily to uncover those entering bullish or bearish trends, as well as those experiencing important fundamental events, such as earnings surprises. ClearStation members provide additional stock ideas by posting public lists of stock recommendations. Members can subscribe to the lists and receive email alerts of changes.

Stock Diagnostics -- Members use the site's price action graphs to view a stock's technical condition and the direction in which it is most likely to trend. Green bars indicate bullish trends; red bars indicate bearish trends. The site also offers recent news and research on publicly traded companies.

Portfolio Management -- ClearStation allows members to create and track an unlimited number of portfolios, as well as track stock performance and transaction activity. A personalized home page See personal portal.  provides members with a condensed view of events affecting their stocks' performance and a snapshot of market events, recent education articles and the latest recommendation from the ClearStation member community.

Investment Education -- ClearStation's education articles explain key investing concepts, such as stock trending, price action, the MACD MACD Moving Average Convergence/Divergence
MACD Michigan Association of Conservation Districts
MACD Move Add Change or Delete
MACD Medium Access Control Device
 and Stochastic indicators, and portfolio management. Articles are illustrated with up-to-date graphs.

"The ClearStation Web site gets our highest recommendation," says Gerald Appel, president of Signalert Corporation and editor of Systems and Forecasts. "In addition to their strong portfolio maintenance tools and unique charting of market indices and individual stocks, they provide excellent education regarding the construction and use of technical indicators."

Appel is the inventor of MACD (moving average convergence-divergence indicator), which is the primary technical indicator behind ClearStation's price action trending component.

The company plans to distribute its content and applications to financial media sites and online brokerages. ClearStation has already entered into a licensing agreement with PC World Online whose subscribers can now receive a ClearStation "Stock Tip of the Day" on its TipWorld Web site (www.tipworld.com).

Doug Fairclough, one of the founding engineers of Wired magazine's

pioneering Web site, HotWired, founded ClearStation in November 1997. He has combined a lifelong passion for computer-enhanced investing with experience as a financial software programmer at Fidelity, State Street Bank and Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
 to develop the high-performance architecture that drives the ClearStation site.

Skrinak is former president of Capital Technologies, a successful startup producing $12 million in revenues. He has over 10 years of Wall Street experience, including working with Fisher Black at Goldman Sachs, Solomon Brothers, Swiss Bank Corporation
For banks in Switzerland, see Swiss bank


Swiss Bank Corporation (SBC) (German: Schweizerischer Bankverein (SBV), French: Société de Banque Suisse (SBS), Italian:Società di Banca Svizzera
 and Bank of America.

About ClearStation, Inc.

ClearStation's financial advisory Web site helps investors make more profitable investing decisions by identifying and interpreting stock trends. The site is the first to leverage key trending and timing elements of technical analysis and present them in an understandable format ClearStation calls price action. Offering a complete Three Point investment approach, ClearStation combines price action with core fundamental data and interaction with the site's community of investors to offer compelling investment ideas throughout each market day. The San Francisco-based company, founded in November 1997, is privately funded. For more information about ClearStation, call 415-283-2590. ClearStation membership is free to investors who register online at http://www.clearstation.com.

SOURCE ClearStation, Inc.
    -0-                             06/29/98


/CONTACT: Dan Dement de·ment  
tr.v. de·ment·ed, de·ment·ing, de·ments
1. To make (a person) insane.

2. To cause (a person) to lose intellectual capacity.
 of ClearStation, Inc., 415-283-2590, or dan@clearstation.com; or Greg Herman of Herman Public Relations, 415-647-7420, or ggherman@earthlink.net; or Lisa Grantham of Public Relations Consulting, 415-543-5533, or lisa.grantham@ibm.net/

/Web site: http://www.clearstation.com/

CO: ClearStation, Inc. ST: California IN: CPR Cardiopulmonary Resuscitation (CPR) Definition

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Publication:PR Newswire
Date:Jun 29, 1998
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