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RE: stock market ideas..



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Jerry:

Please explain what these columns mean:

What index ?
What is the # after the index # ?
What does Systems % allocated mean ?

Thanks,
Marshall M. Liu
Sr. Systems Analyst
(818) 549-6269
marshall.liu@xxxxxxxxxxxxx

> -----Original Message-----
> From:	Andrew Abraham cta [SMTP:angus@xxxxxxxxxxxx]
> Sent:	Friday, December 18, 1998 1:17 AM
> To:	Metastock
> Subject:	stock market ideas..
> 
> Hi Jerry,
>  
> My model just scaled me back further.. below is a memo I sent to some
> clients..
>  
> As we stand now the market price momentum is still viable but sentiment
> turned several weeks ago and breadth is showing extremely dangerous
> divergences. There are many other problems facing the stock market that I
> am sure you are very aware of them. My strategy is to be in the market
> when there are signs of strength and as they diminish scale out.
> I have included a short summary of what has occurred this year. 
>    
> Date      Index        # Systems % Allocated
> 6/11/98 1098.84   8                 15%
> 6/15/98 1087.59   7                  5%
> 6/18/98 1100.65   6                  0%
> 6/23/98 1132.88   7                  5%
> 6/30/98 1148.56   8                 15%
> 7/1/98 1146.42     9                  25%
> 7/2/98 1157.31    10                 35%
> 7/6/98 1154.66    11                 45%
> 7/17/98 1184.1    12                 55%
> 7/22/98 1139.75  11                 45%
> 7/24/98 1147.27   10                35%
> 7/27/98 1130.24    9                  25%
> 7/28/98 1125.21    7                  5%
> 7/31/98 1112.44    6                  0%
> 
> 9/16/98 1018.87     7                    5%
> 9/25/98 1048.69     8                  15%
> 10/1/98 1002.6       9                   25%
> 10/2/98 988.56        8                  15%
> 10/6/98 970.68       7                     5%
> 10/9/98 997.71       6                      0%
> 10/12/98 994.8       7                     5%
> 10/16/98 1062.39   9                     25%
> 10/23/98 1072.32  11                   45%
> 10/30/98 1111.6    13                    65%
> 11/2/98 1110.84    14                    90%
> 12/1/98 1171.25    13                    65%
> 12/17/98 1179.96  12                    55%
>    
> I have another suggestion.. when you are using your moving averages.. try
> longer term.. so you don't get whipped around... and maybe combine daily
> and weekly moving averages... thanks
>  
> Andrew Abraham cta
> Angus Jackson