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Jeff.
Why don't you contact Walt at: knight@xxxxxxxxxxxxx He's an active
contributer on the realtraders forum and seems like a real super guy.
Steve Karnish
CCT
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> From: Jeff Cobb <jcob@xxxxxxxxxxxxxxxx>
> To: Metastock@xxxxxxxxxxxxx
> Subject: Bull and Bear Fear System
> Date: Saturday, October 24, 1998 4:22 PM
>
> I have been exploring using the Bull and Bear Fear system written about
by
> Walter Downs in the Aug. 98 TASC. I've modified the system slightly as
> I've found that a longer time period seems to perform better that the 12
> given. the following is the system.
>
> Enter Long:
>
> n :=27{Time periods};
>
> BullFear := (HHV(HIGH,n) - LLV(HIGH,n))/2 + LLV(HIGH,n);
>
> Cross(CLOSE,BullFear)
>
> Enter Short:
>
> n :=27{Time periods};
>
> BearFear := (HHV(LOW,n) - LLV(LOW,n))/2 + LLV(LOW,n);
>
> Cross(BearFear,CLOSE)
>
> This system seems to make sense and shows very impressive returns on the
> following stocks: MSPG, RXSD, BBY, and MEH. As with most systems I've
> either developed or found (such as this one), this one works well on
some
> equities and not so great on others.
>
> Since I don't care to carry every stock on the NYSE, NASDAQ, or AMEX (not
> to mention foreing exchanges) on my limited hard drive I would be
> interested to know if others have explored this system and what stocks
> they've found that it works well for.
>
> Regards
>
> Jeff
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