|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.72.2106.6"' name=GENERATOR>
</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 face=""><FONT face="Times New Roman"><FONT
size=3>Jim,</FONT></FONT></FONT><FONT size=3><FONT
face="Times New Roman"></FONT></FONT></DIV>
<DIV><FONT color=#000000 face=""><FONT face="Times New Roman"><FONT
size=3></FONT></FONT></FONT><FONT size=3><FONT
face="Times New Roman"></FONT></FONT> </DIV>
<DIV><FONT face="Times New Roman"><FONT size=3>Actually, after fooling around
with it last night, I really like your new process. What was my old
bugaboo was when a stock decided to give up the ghost somewhere mid
channel. I would stand by the sidelines excepting it to bounce off the
bottom channel again. However, many times, it would tear right through it
and I would see my paper profits disappear and perhaps end up with a loss.
Why your new process does not totally eliminate the problem, it significantly
mitigates it. And most importantly, it walks that fine line between
protecting your paper profits with fairly tight stops while still giving your
stock enough room to run. In and sum, I like it. I look forward to
giving it a test drive.</FONT></FONT><FONT size=3><FONT
face="Times New Roman"></FONT></FONT></DIV>
<DIV><FONT face="Times New Roman"><FONT size=3></FONT></FONT><FONT size=3><FONT
face="Times New Roman"></FONT></FONT> </DIV>
<DIV><FONT face="Times New Roman"><FONT size=3>Jim</FONT></FONT><FONT
size=3><FONT face="Times New Roman"></FONT></FONT></DIV>
<DIV><FONT face=Arial size=2></FONT><FONT face=Arial
size=2><B></B></FONT> </DIV>
<DIV><FONT face=Arial size=2><B>From: </B>Jim Greening <<A
href="mailto:JimGinVA@xxxxxxxxxxxxx";>JimGinVA@xxxxxxxxxxxxx</A>><BR><B>To:
</B>metastock@xxxxxxxxxxxxx <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Saturday, December 05, 1998 8:15 PM<BR><B>Subject: </B>Re: Building Blocks -
Targets & Stops<BR><BR></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"></FONT>
<DIV><FONT color=#000000 size=2>Jim,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>
Thanks for the kind words! A quick answer is that I've changed.
You know I can't resist tweaking my system <G>. I still like to
look at charts on stocks I don't have a position in with the deviation on
the short term standard deviation channel set at 2 when there isn't much
data. Then after there is a little more data with at least one
reaction, I change the deviation 1.8, 1.5, 1.3, or 1 whichever is smallest
that still envelopes all the data without intersecting any. However,
over the last few months I got to thinking that using the different extremes
for my target and stop might make more sense. I've now decided that it
does and I set the target and stop on a deviation of 2 and 1, respectively
as I described earlier today. For all my open positions I've now have
my charts set up with the short term up trend channels constructed
with a deviation of 1 even if data is intersected to give me a quick picture
of how close I am to my stops. Then a couple of times a week I change
the deviation to 2 to see if I should raise my target. If I'm close to
the target, I even check it daily.</FONT></DIV>
<DIV><FONT size=2> Do you think that makes sense or
do you like the old way better?</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>JimG</FONT></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV> </DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Dec 06 10:20:55 1998
Received: from listserv.equis.com (204.246.137.2)
by mail02.rapidsite.net (RS ver 1.0.2) with SMTP id 23339
for <neal@xxxxxxxxxxxxx>; Sun, 6 Dec 1998 13:12:08 -0500 (EST)
Received: (from majordom@xxxxxxxxx)
by listserv.equis.com (8.8.7/8.8.7) id KAA27671
for metastock-outgoing; Sun, 6 Dec 1998 10:28:41 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
by listserv.equis.com (8.8.7/8.8.7) with ESMTP id KAA27667
for <metastock@xxxxxxxxxxxxxxxxxx>; Sun, 6 Dec 1998 10:28:38 -0700
Received: from hotmail.com (f262.hotmail.com [207.82.251.153])
by freeze.metastock.com (8.8.5/8.8.5) with SMTP id KAA29826
for <metastock@xxxxxxxxxxxxx>; Sun, 6 Dec 1998 10:39:48 -0700 (MST)
Received: (qmail 21749 invoked by uid 0); 6 Dec 1998 17:28:57 -0000
Message-ID: <19981206172857.21748.qmail@xxxxxxxxxxx>
Received: from 209.190.80.44 by www.hotmail.com with HTTP;
Sun, 06 Dec 1998 09:28:56 PST
X-Originating-IP: [209.190.80.44]
From: "Tim Gadd" <timgadd@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx
Subject: Cell Method of Indicator Evaluation
MIME-Version: 1.0
Content-Type: text/plain
Date: Sun, 06 Dec 1998 09:28:56 PST
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-Loop-Detect: 1
X-UIDL: 2542e12a4919fc7dbfaf0da7aaae0d53
Does anyone know if there is a program that uses the Cell Method of
Indicator Evaluation as described in Colby and Meyers' "Encyclopedia of
Technical Market Indicators"?
______________________________________________________
Get Your Private, Free Email at http://www.hotmail.com
|