|
PureBytes Links
Trading Reference Links
|
I'm sure there are..., that was the first one I put up. 3 questions...
1) Why March 21?
2) Why 16 day (incremental) cycles?
3) Why the 52 week low for a Gann Fan?
Thank you for the information Richard,
-- Gt --
Richard Estes wrote:
>
> Glad you liked it. now drop a fib retracement from the low to the
> march
> high to the right. Rember you could have done this 4 march, see the
> fib
> levels setting major support for next 3 months?
> I took a look at it there are many better matches.
> Richard Estes
>
> ----
> From: Gale A. Thompson <chemtex@xxxxxxxx>
> To: Richard Estes <dick@xxxxxxxxxxx>
> Cc: metastock-list@xxxxxxxxxxxxx; Peter Lim <kimheng@xxxxxxxxxxxx>
> Date: Saturday, June 07, 1997 10:22 PM
> Subject: Re: Murrey Maths & Metastock
>
> Nice post Richard....
>
> I put up EGRP in MS just for kicks and grins to try out the 16 day
> cycle
> and the Gann Fan with the 52 week low. Everyone should look at this
> one. It was the first stock I put up... Inspirational comes to
> mind...
>
> -- Gt --
>
> Richard Estes wrote:
> >
> > Suggestions:
> >
> > Using March 21 as start date set cycle lines at 16. see how close
> you
> > come to major moves on stocks and indices.
> >
> > Start your Fan at 52 week low. or if you count waves at bottom of
> wave
> > 2.
> >
> > If you are a part of silicon investor site. come in at the following
> > and start reading the 1000s of TA posts.
> >
> > http://www.exchange2000.com/~wsapi/investor/stocktalk-32
> >
> > Richard Estes
> >
> > ----
> > From: Peter Lim <kimheng@xxxxxxxxxxxx>
> > To: metastock-list@xxxxxxxxxxxxx
> > Date: Saturday, June 07, 1997 9:17 PM
> > Subject: Murrey Maths & Metastock
> >
> > Admist the furor created by Murrey Maths, it would be revealing to
> see
> > how
> > Metastock can itself be used to analyze stocks following the method
> of
> > Murrey. While Murrey methods seemed to suggest Gann, and if Murrey
> > Maths is
> > not an indicator by itself, perhaps it is time that someone can
> > program the
> > techniques of Murrey into one or more simple indicators or templates
> > in
> > Metastock so that anyone interested need not revert to the tedious
> > task of
> > hand charting but rely on the powerful cahrting and analysis
> abilities
> > of
> > Metastock.
> >
> > Herein lies the relevance of any stock analysis technique to
> > Metastock-
> > that it can be programmable to make things faster, convenient and
> > accurate.
> > As it is, the Murrey site with its charts looked interesting, and
> > might be
> > telling us something--if we look deeper and be more open. Murrey
> Maths
> > is a
> > process, much as other analysis tehniques and indicators are used in
> > like
> > manner. As Metastock users, we are concerned with outcomes--our
> > trading
> > bottom line. If Murrey Maths can help improve the lot of Metastock
> > users,
> > which on face value the charts on the Murrey site seemed to suggest,
> > perhaps more dicussion is needed in an open manner typical of users
> of
> > this
> > list.
> >
> > Just my two cents worth of opinion,
> >
> > Peter Lim
|