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Re: Something is fixing to happen



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<DIV><FONT color=#000000>Steven,</FONT></DIV>
<DIV><FONT color=#000000></FONT>&nbsp;</DIV>
<DIV><FONT color=#000000>I would be interested in joining a discussion group on 
options the internet newsgroup: misc.invest.options is generally a waste of time 
and flooded with &quot;experts&quot; who tout &quot;systems&quot; or how well 
they did trading options.</FONT></DIV>
<DIV><FONT color=#000000></FONT>&nbsp;</DIV>
<DIV>Joe</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#000000>e-mail address: <A 
href="mailto:cn001532@xxxxxxxxxxxxx";>cn001532@xxxxxxxxxxxxx</A></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Tue Nov 11 18:28:56 1997
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Date: Tue, 11 Nov 1997 18:14:43 -0800 (PST)
From: Chip Anderson <chipamy@xxxxxxxxx>
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Subject: Emailing Charts
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Status:  O

I agree that sending large binary files via global email mailing lists
is a real problem.  I disagree that the solution is to "ban" charts
from this list.  Charts are the "lingua franca" of TA and well
annotated charts can be _extremely_ beneficial to most of the people
on this list.  

I thought it'd be helpful to move this debate from the theoretical to
the concrete.  i.e. How big is "too big?"  I agree that 150K per chart
(MS' default JPG size) is too big.  I can understand that even 30-50K
per chart can be a problem for some.  But what about 15K?  What about
5K?

I have been experimenting with techniques for decreasing chart size
without decreasing their usefulness.  Below is the technique I use to
create useful, annotated charts that are ~15K (for color) or ~5K (for
B/W) in size.

1. Size the chart window so that only the relevant part of the chart
is displayed.  Typically this means "unmaximizing" the chart window,
dragging the sides until the window is as small as practical, and the
adjusting the zoom and scaling factors.

2. (Optional) Annotate the chart in Metastock.

3. Use the "File/Save As HTML..." command to save the chart as a JPG
file.

4. Convert the JPG file into an 8-color (or B/W if appropriate) GIF
file.  I use a utility called VuePrint (http://www.hamrick.com).  I
simply open the JPG file, change the color setting from 256 to 8, and
save it in GIF format.

(There are many other graphic converters out there, but make sure that
which ever one you use generates results at least as good as what I'm
reporting.  If I want to annotate your chart by hand, I recommend
Paint Shop Pro.  http://www.jasc.com )

5. The resulting GIF file is always less than 12K in size (less than
4K if I use B/W).  I can then attach it to an email message. 
Attaching it causes it to "grow" by about 20% so the final file size
is ~15K for color charts and ~5K for B/W charts.

I think that ~15K per chart is a very reasonable price to pay for
gaining the insight of other chartists and TA'ers out there.  I also
hope that Equis changes MS so that it generates 8-color GIF files in
the first place - hint, hint!

Chip
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