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Hans,
IMHO in my humble opinion
FWIW for what its worth
BTW by the way
LOL laughing out aloud
(G) could mean grinning but I prefer giggling
BTW and LOL, IMHO half the fun of being in here is working out what everyone
is saying, FWIW, (G). And now we have clocks and waving things too.
JH
-----Original Message-----
From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, 25 August 1998 3:43
Subject: Re: Re:System development
>Please explain "IMHO." Thanks.
>
>H
>-----Original Message-----
>From: Al Taglavore <altag@xxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Saturday, August 22, 1998 3:09 PM
>Subject: Re: Re:System development
>
>
>>
>>
>>----------
>>> From: John Manasco <manasco@xxxxxxxxxxxx>
>>> To: metastock@xxxxxxxxxxxxx
>>> Subject: Re:System development
>>> Date: Saturday, August 22, 1998 1:56 PM
>>>
>>John Manasco wrote:
>>
>>> 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.
>>++++John, you will find that after applying your work to futures, you will
>>trade stocks much better.
>>IMHO, futures are easier, and the anticipated results are seen faster.
>>When you trade a future, you are trading something that has a value that
>>can be readily defined (buy 125000 German DMarks at X US Dollars. When
you
>>buy a stock, you do not really own an asset that has a given value.
>>Example, you may buy 100 shares of Xon for $70.00 per share, and that
>>entitles you to have a certificate with a par value of perhaps .10. If
>>some analyst decides to downgrade Xon, your shares purchased will lose
>>value, not because Xon is less of a company, but some analyst expresses
his
>>beliefs based on "whatever". Also futures respond to TA more positively,
>>again, because you have a defined value. If you owned 1000 shares of GM,
>>what part do you really own? GM does not benefit from your buying of 1000
>>shares, some trader/specialist will reap the profit/loss (Unless it is a
>>new offering)
>>
>>I write this to you because of the quality of your posts, and I was
exactly
>>where you are on futures until about 5 years ago. A good learning site is
>>http://www.cme.com.
>>++++++++++
>>>
>>> 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.
>>+++++++++++
>>IMHO, you are exactly correct.
>>++++++++++++
>>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.
>>+++++++++++=
>>
>>Al Taglavore
>>>
>>
>
>
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