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FWIW here's an e-mail comment I received from my dad this morning, a trader
with over 60 years experience.
<<DJI and SPI down 10.7 % and 11.6% respectively from 7/20 high to 8/5 low
I assume that today both indices will recover about 33% which is normal
I have seen some recoveries up to 60% and the market is still bearish
The wild card is ASIA which will last at least 6 more months
Still do not know if this is a correction or a resume of the BULL market>>
I've been out of the market for about 3 weeks now (stopped out and waiting
for our next signal to short), but my problem with Equis has generally been
a performance problem with their Window's version versus their DOS version.
George has suggested that I try to reconvert my DOS formulas to v6.5 again
and see if that helps. The original conversion to v6.0 was a disaster and
it took me 3 or 4 months to get up and running under Windows. When I
finally completed the conversion, the Windows version ran at 1/100 the speed
of the DOS version primarily due to the Windows version using the hard disk
as a calculation scratch work area. I'll refrain from making any more
comments until I try George's suggestion. Over the last several years,
there were only 3 or 4 of us who had this disk thrashing problem so it's
possible that most people really don't utilize the computational abilities
of MS and rely primarily on the prepackaged indicators.
Again, just my opinion.
Regards
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]
On Behalf Of Steve Karnish
Sent: Friday, August 07, 1998 8:24 AM
To: MetaStock-List
Subject: WAG THE DOG
I have this theory: All the MetaStock criticism is a
diversionary tactic for all the equity players who have taken
large "hits" in their long portfolios.
I also have had difficult times with support. At least, George
has been consistent and does reply to my questions in a timely
fashion. With all the attention focused on what Equis is
doing/not doing, hasn't done/might do, could do/should do,
etc.,...we are running a close second to the ongoing
Lewinsky/Clinton soap opera ("As the Stomach Turns").
Constructive criticism is a good thing. Please, I urge of you
all to send/bombard Equis with your thoughts and concerns.
Equis has stated that it does not "moderate" this forum and I
don't imagine that they "monitor" it very closely. I think
complaining to the group is akin to "whistling in the wind".
The only way we will influence the company is by collectively
sending our complains through the written word. I hope no on
believes that all the great emails, during the last three weeks,
will automatically be passed along to Equis. Hopefully, someone
will forward all the constructive criticism to any/all of the
Equis addresses that are available.
Now, is anyone willing to discuss a possible bottom in grains, a
possible top in the indices, the great volatility in cotton and
cocoa??
Steve Karnish
CCT
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