Re: Bull and Bear Fear System

["Jeff Cobb"]

Steve:

Thanks for the suggestion.  I've just sent Walt and E-Mail.  I'll let you
know how he responds.

Jeff

----------
> From: Steve Karnish 
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Bull and Bear Fear System
> Date: Saturday, October 24, 1998 7:18 PM
> 
> 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
> 
> ----------
> > From: Jeff Cobb 
> > 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