PureBytes Links
Trading Reference Links
|
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
|