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Jeff,
Thanks for your insights. Sure hope you're right on Dow 7800 <G>. What
version of MetaStock do you have? I have some MetaStock system tests using
rSquared, but they are for version 6 and use the built in RSquared. If you
have a previous version, maybe I can help with a test if you are interested.
Jim
-----Original Message-----
From: jeff f brady
Sent: Wednesday, May 21, 1997 12:24 AM
To: metastock-list@xxxxxxxxxxxxx
Subject: DJIA
My e mail was down for a while so here is an update of my experiences/
views of the market and individual securities.
I am typing off the top of my head and can give specific
resistance/support numbers or technical tools used to project my
forecasts.
I see the DJIA going to 7800. The last weekly break out gives me this
projection.
Oracle (ORCL) seems stuck at 45, I am hanging on to a" break even" trade
on some call options. I think a rise in the NASD to its intermediate
upper end of a trading range will hopefully pull this stock up with it.
Cisco (CSCO) I have a profit on some call options and see it going to 65
and probably beyond.
My options on AMAT expired worhtless and now the stock is up 8 to 10
points...ahhh!!!
I took the groups info and got the r-2 ed formula from equis web site.
What do I do with it now ?(with out having to go buy a book)
Amgen (AMGN) is looking intersting with a possible pull back to its
weekly breakout.
JB
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