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<SPAN
class=377043217-20012004>Hmmm. I'd suggest that maybe the scoring algorithm is
incomplete, if it bubbles, say, overbought stuff to the top. An additional
penalty factor of some kind may be missing. To put it differently, is it
inherent that because the stock was in the top N by some measure, it will do
poorly? If other sticks had had a higher score, then this one would have done
better? I suspect not, more like some overcooked indication hasn't been
identified and factored in.
<SPAN
class=377043217-20012004>
<SPAN
class=377043217-20012004>But as far as the feature goes, sure, it's another
variable that might be interesting to explore.
<SPAN
class=377043217-20012004><FONT face="Courier New" color=#0000ff
size=2>
<SPAN
class=377043217-20012004>Dave
<BLOCKQUOTE dir=ltr
>
<FONT face=Arial color=navy
size=2>I would
like this ability. I often find that my rankings correlate well with
future performance except for a very few at the top which do poorly. It
would be nice to be able to rotate into, say, the next unowned ticker in the
ranking range of 4 to 10, rather than in the range of 1 to
10.
<SPAN
>
<SPAN
>Howard
<SPAN
>
<DIV
>
<SPAN
><FONT
face="Courier New">Is this a feature of interest to more than Al and me?
Ifso, I will send the idea to
TJ's suggestion list.Al, I
have wondered the same thing. But I have not passed<FONT
face="Courier New">the idea on to TJ because I thought I was the only
personwho might use
this.My guess is that adding
this ability might not be too hard<FONT
face="Courier New">since it might be as simple as giving the user the
abilityto specify the subscripts
in the sorting array which is<FONT
face="Courier New">currently hinded from users. <FONT
face="Courier New">I assume that to do Positionscore, AB creates some type
ofarray that holds the
positionscore values for the top<FONT
face="Courier New">stocks. So all users need would be a handle to specify
thearray subscript of the stocks
they want. For example, the
positionscore array is something like:<FONT
face="Courier New">Array[1] = IBM, 237<FONT
face="Courier New">Array[2] = RUZ, 203<FONT
face="Courier New">Array[3] = MWX, 201<FONT
face="Courier New">Array[4] = AXE, 176<FONT
face="Courier New">Array[5] = BEE, 157<FONT
face="Courier New">The following could tell AB to ignore the top 2
stocks:MyNewBuyCondition =
PositionScoreSubscript > 2;<FONT
face="Courier New">b--- Al Venosa
<advenosa@xxxxxxxxxxxx> wrote:<FONT
face="Courier New">> Hi, all: <FONT
face="Courier New">> > I
have a question on positionscore in regular mode.<FONT
face="Courier New">> Suppose I'm trading from a watchlist of, say, 100
stocks> (like the N100, for
examplem, but it can be anything) and<FONT
face="Courier New">> my portfolio size is 5 stocks (positionsize
=> -100/posqty, where posqty =
5). And suppose I want to>
select the highest volume stocks to trade, like: <FONT
face="Courier New">> >
PositionScore = V;>
> Now, my question is, what if
I wanted to trade, not the>
TOP 5 stocks on the rank list (stocks with rankings
of> 1st, 2nd, 3rd, 4th, and
5th in terms of volume), but>
rather the next 5 stocks (ranks of 6th, 7th, 8th,
9th,> and 10th). My reasons
for wanting to do this are not<FONT
face="Courier New">> important (maybe I don't want to compete for the same
5> stocks as another guy who
uses the same ranking formula,<FONT
face="Courier New">> or maybe I just want to see how well my ranking
formula> picks winners). How
would you code that? Any ideas? <FONT
face="Courier New">> >
Thanks.>
> Al
Venosa>
advenosa@xxxxxxxxxxxx
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