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<DIV><SPAN class=130541823-23081998><FONT color=#0000ff face=Arial
size=2>Manuel,</FONT></SPAN></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><SPAN class=130541823-23081998><FONT color=#0000ff face=Arial size=2>I had
the same problemo some time ago. Look below I'll paste response I got from
Harvey (thanks Harvey!)</FONT></SPAN></DIV>
<DIV><SPAN class=130541823-23081998><FONT color=#000000 face=Arial size=2>for
your viewing pleasure only you may shift it with a moving average properties
dialog box(rightclick on the average)</FONT></SPAN></DIV>
<DIV><SPAN class=130541823-23081998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=130541823-23081998><FONT color=#0000ff face=Arial
size=2>Paul</FONT></SPAN></DIV>
<DIV><SPAN class=130541823-23081998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><FONT size=2>
<P><SPAN class=130541823-23081998><FONT color=#000000 face=Arial
size=2>==================================================================================</FONT></SPAN></P>
<P>Paul/</P>
<P>If the moving average is shifted 5 bars to the right then today's value</P>
<P>is the moving average from five days ago. There is no formula to read</P>
<P>the shifted MA directly.</P>
<P>Try: C>Ref(Mov(C,10,S),-5)</P>
<P>Harvey Pearce, Victoria, B.C., Canada</P>
<P></FONT><SPAN class=130541823-23081998><FONT color=#000000 face=Arial
size=2>==================================================================================</FONT></SPAN></P></DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of</B> Manuel Barquin<BR><B>Sent:</B> Sunday, August 23, 1998 11:49
AM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> RE: Shifted Mov.
Avgs.<BR><BR></FONT></DIV>
<P><FONT color=#0000ff face=Arial size=3>Please let me know how do you
displace a moving average. Perhaps I shlould know this by now.
Thanks,<BR><BR>Manuel Barquin<BR><BR><FONT
size=3><BR><BR></FONT></FONT></P></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Aug 23 18:57:28 1998
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From: "Steve Karnish" <kernish@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: futures zero sum or not? Re: System development
Date: Sun, 23 Aug 1998 17:05:22 -0700
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Harley,
Beware Harley, I've received my most unreliable trading
information at reunions. This blanket indictment of Cargill
sounds like other common accusations: Soros controls the
currencies, Buffet controls the silver market (or was that the
Hunts?), the Mafia controls NFL Football. I have twenty wheat
producers as clients and I hear conspiracy theories on a daily
basis. If the "funds" are selling 2,000 contracts of on
Monday... true, it will be hard for wheat to advance in price
(but does mean that the funds control the markets?).
This really hasn't a single thing to do with "zero sum". "Zero
sum" is the term applied to the accounting of the futures
market. Harley makes a dollar, Steve (or someone) loses a
dollar. This is a huge difference when compared to stocks and is
the reason that futures are a tougher game to extract profits
from.
Why didn't your friend hedge his crop at that wildly profitable
level ($9.00)? Cargill doesn't control the market...fear and
greed controls the markets.
Steve Karnish
CCT
----------
> From: Harley Meyer <meyer@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> Subject: futures zero sum or not? Re: System development
> Date: Sunday, August 23, 1998 2:57 PM
>
> I went to visit a friend at our 20th class
> reunion. He used to be a big farmer. 1000 head of
> cattle and 300 hog fairowing (sp) operation. He is
> small now. He said that Cargill and IBP pretty
> much control the futures market. They control by
> controlling supply of the commodity and by taking
> positions in the market. He gave me several
> examples. Here is one of them.
>
> Soybeans were around $9 and were about to breakout
> to the upside. The farmers were holding back
> taking their grain to the elevators. The farmers
> where waiting for the breakout. After the breakout
> the plan was to lock in their prices with a hedge
> in the market and then take the grain to the
> elevators. Well Cargill floated a rumor that they
> bought 300 million bushels of soybeans from
> Brazil. The soybean market collapsed and the
> farmers had to take their soybeans to the
> elevators taking a lower price.
>
> He is pretty frustrated over the whole situation.
> The way he explained it to me. It is about the
> same way that the share croppers were treated
> years ago.
>
> A bit off topic but wanted to point out that the
> futures has some bias when you think of a zero sum
> game.
>
> Harley
>
> Steve Karnish wrote:
> >
> > John,
> >
> > Good systems that track commodities should be able to cross
over
> > and do well in equities. The futures game is "zero sum" (if
> > John Manasco "wins" a dollar...Steve Karnish "loses" a
dollar).
> > Most folks believe that this makes it a tougher game. I
thought
> > just for fun I'd post the exact same linear regression
> > oscillator systematic approach that I posted for lumber, but
> > this time for a stock (DELL, one of Jim's current
favorites).
> > The approach is the same for lumber or DELL...but, the
variables
> > change to adapt to the rhythm. The chart represents the
first
> > six months of the year.
> >
> > Steve Karnish
> > CCT
> > ----------
> > > From: John Manasco <manasco@xxxxxxxxxxxx>
> > > To: metastock@xxxxxxxxxxxxx
> > > Subject: Re:System development
> > > Date: Saturday, August 22, 1998 11:56 AM
> > >
> > > Steve Karnish
> > >
> > > Thanks for the reply. You're right about my exit strategy.
> > This is
> > > something I'm working on to improve. I'd like to come up
with
> > something
> > > that takes the decision out of my greedy little hands. I'm
at
> > my worst
> > > when I try to outguess myself.
> > >
> > > I've never traded commodities, never even new what they
were
> > until about
> > > five years ago. Someday I'll venture into that arena but
for
> > now I'll
> > > stick to equities and options.
> > >
> > > Your forcast oscillator system is concise and to the
point. I
> > like
> > > systems that have a minimum of indicators much more than
> > systems that
> > > use a myriad of indicators overlapping each other. Do you
also
> > use other
> > > money management rules in case your system fails?
> > >
> > > Do you find some systems work better on futures that
equities?
> > I'm
> > > comming to believe that there is no one system that will
work
> > on
> > > everything but I need to tailor my systems for different
> > industry
> > > groups and different individual equities. This is hard to
> > accomplish
> > > without curve fitting but I'm finding that stocks do have
> > their
> > > individual personalities and respond better to some
indicators
> > than
> > > others.
> > >
> > > Do you use candlesticks exclusively? Could you say
something
> > about why
> > > you like them?
> > >
> > > Anyone else want to jump in please do so. I'd like to hear
> > from new
> > > investors and users of Metastock. How are you going about
> > deciding which
> > > indicators to study? Are there any trends developing which
may
> > be
> > > helpful to more seasoned investors who also need help?
When I
> > first
> > > started using Metastock I looked at the usual RSI, MACD,
> > Stochastics
> > > etc. Then everyone started exploring statistical based
system.
> > What's
> > > new now? Any using fibonacci studies? How about cycle
analysis
> > and fast
> > > fourier transforms? A Gann discussion group just started.
I
> > hope they
> > > report back to the list on regular occasions on their
> > progress.
> > >
> > > Anyway it's a nice afternoon and I'm going outdoors to
enjoy
> > it.
> > >
> > > Good trading
> > >
> > > John Manasco
> >
> > --------------------------------------------------
> >
> > Name: DELL.gif
> > DELL.gif Type: GIF Image (image/gif)
> > Encoding: base64
> > Description: Dell (GIF Image)
> >
> > Name: DELL98.gif
> > DELL98.gif Type: GIF Image (image/gif)
> > Encoding: base64
> > Description: Dell98 (GIF Image)
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