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<DIV><FONT color=#000000 size=2>For MS6.5 I would like to plot a single symbol
'n' periods back from the last bar in the database. Simply because
counting bars backward for any distance gets tiresome. Is this so simple
that I'm overlooking the solution or is it so simple that there is no alogrithm
in MS to do it? Any suggestions?</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Thanks,</FONT></DIV>
<DIV><FONT color=#000000 size=2>Chuck</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Fri Dec 25 23:37:36 1998
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From: "Jim Greening" <JimGinVA@xxxxxxxxxxxxx>
To: "Metastock" <metastock@xxxxxxxxxxxxx>
Subject: Weekly Pick
Date: Sat, 19 Dec 1998 13:18:23 -0500
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<DIV>All,</DIV>
<DIV> Another good week although it didn't start out
that way. My portfolio took a hard hit Monday and I was stopped out of
three positions during the week (see below). However, my portfolio inched
its way back during the week and actually showed a small gain by Friday's
close. Any gain is better than no gain at all <G>.</DIV>
<DIV> Looking at the market indices, I see clear sailing
through the end of the year. The NASDAQ gapped up to another new all time
high Friday and that is a strong buy signal for the Tech and INet stocks.
The DJI, OEX, and SPX all look like they broke out of their 3 week down trend
and are about to retest their old highs. Even the RUT looks like it is
bouncing off the bottom of its horizontal channel. What a difference a
week makes <G>. However, a lot of this may be a direct result of the
favorable Christmas seasonality and I'm not going to get over excited about
it. I really want to see how the first week in January goes before I
decide that everything is right with the world (or a least the stock
market)!</DIV>
<DIV> With the volatility we had this year and the
favorable year end, I think that the January effect this year may be stronger
than ever. The January effect is the tendency of the small to medium cap
stocks that have been hit hard during the year and dumped in the year end window
dressing, to do much better than the overall market in January. I've been
adding a few of these types of stocks to my portfolio and now have positions in
MDM, RDC, and SDTI that qualify although both MDM and SDTI may now be a little
further off the bottom than the criteria allows. This week I want to add
three more. The idea is to hold these stocks through January and see what
happens, although I modify the criteria by using stops and dumping the ones that
are stopped out. Again I caution that these are higher risk, more
speculative plays than my usual weekly picks. I'm hoping to catch at least
one rocket to make up for the expected losses in most of the positions.
Also, I'm only going to take small positions to minimize the overall portfolio
risk. My picks are Bethlehem Steel (BS), Integrated Device Technology
(IDTI), and SIFCO Industries (SIF). As you can see I also spread the risk
among a basic steel company, a semiconductor high tech company, and a basic
metal working business.</DIV>
<DIV> BS at 7.6875 is in a Horizontal
Channel (HC) with the top at 12 1/4 and the bottom at 7. It peaked with a
triple top just above 24 way back in 1994 and has been in a long term down trend
every since then. However, it did put in a 52 week high of 17 1/8 on
4/20/98 after setting a triple bottom just below 8 in 1996 and 1997. From
the 52 week high it dropped all the way to a low of 7 on 8/31/98. It then
started a sideways move and broke out of its Intermediate Term Down Trend
Channel (ITDTC) in mid October. It reached a high of 10 3/4 in
mid-October before falling back to its current price which is less than a point
from its 52 week low. The fundamentals are OK with a PE of 6.1, a
price/sales of 0.22, and a debt/equity of 0.42. However, revenue growth is
flat and projected earnings are down. I'll take a position some time
Monday. I'll set my initial target just under the top of the HC at 12 and
the stop just under the bottom of the HC at 6 3/4.</DIV>
<DIV> IDTI at 6.2118 has a very similar chart except
that it has risen further from its 52 week low of 4 1/8 has also broken out of
its HC and formed a new Short Term Up Trend Channel (STUTC). The top of
the STUTC is at 8 1/8 and the bottom is at 5 1/2. The fundamentals are
also OK with a price/sales of 0.91, and a debt/equity of 0.68. The bad
news is that revenues have just recently dipped and earnings are negative.
Analysts are predicting revenues to increase next year but earnings will remain
negative at least until late 1999. I'll take a position some time
Monday. I'll set my initial target just under the 52 week high at 16 and
my stop just under the STUTC at 4 3/4.</DIV>
<DIV> SIF at 12 3/4 also has a chart similar to
BS. The top of its HC is at 17 3/4 and the bottom is at 11 3/8. It's
52 week high is 27.1875 and its 52 week low is 11 3/8. It's fundamentals
are the best of the bunch with a PE of 7.2, a price/sales of 0.54, debt/equity
of 0.33, 13% annual sales growth, and 30% annual earnings growth. I'll
take a position sometime Monday. I'll set my initial target just under the
top of the HC at 17 and my stop just under the bottom of the HC at 10 3/4.</DIV>
<DIV> I'll send charts of the above to everyone on my
chart email list. If you aren't on it and want on just yell. Also I
automatically drop anyone when I get "Can't deliver email" messages
back. If you have been dropped and want back on, yell again.
</DIV>
<DIV> </DIV>
<DIV>JimG</DIV>
<DIV> </DIV>
<DIV>
<TABLE border=1 borderColor=#244a00 cellPadding=2 cellSpacing=2 width=588>
<TBODY>
<TR>
<TD colSpan=7 height=21><B><FONT color=#000000 face=Arial size=2>
<P align=center>Open Positions</B></FONT></P></TD></TR>
<TR>
<TD height=21 width="14%">
<P></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Date</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Entry</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Target</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Stop</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Current</B></FONT></P></TD>
<TD height=21 width="17%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>%</B></FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Symbol</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Opened</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Price</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Price</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Price</B></FONT></P></TD>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Price</B></FONT></P></TD>
<TD height=21 width="17%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>Gain/Loss</B></FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>AOL</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>10/09/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$44.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$135.00</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$85.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$104.25</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>132.96%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>MDM</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>11/23/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$4.42</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$12.00</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$3.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$5.00</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>13.21%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>MSFT</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>10/09/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$93.19</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$156.00</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$121.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$137.81</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>47.89%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>RDC</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>12/17/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$11.81</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$15.00</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$8.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$9.94</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>-15.89%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>ROW</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>12/14/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$11.50</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=left></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$10.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$11.06</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>-3.80%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>SDTI</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>12/07/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$16.19</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$30.00</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$13.75</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$18.50</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>14.29%</FONT></P></TD></TR>
<TR>
<TD colSpan=7 height=21><B><FONT color=#000000 face=Arial size=2>
<P align=center>Positions Closed During Week</B></FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>C</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>11/16/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$44.44</FONT></P></TD>
<TD colSpan=2 height=21 width="28%"><B><FONT color=#000000 face=Arial
size=2>
<P align=left>Stopped 12/15/98</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$47.31</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>6.47%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>EGGS</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>12/08/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$21.50</FONT></P></TD>
<TD colSpan=2 height=21 width="28%"><B><FONT color=#000000 face=Arial
size=2>
<P align=left>Stopped 12/15/98</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$19.19</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>-10.76%</FONT></P></TD></TR>
<TR>
<TD height=21 width="14%"><B><FONT color=#000000 face=Arial size=2>
<P align=center>COHU</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=center>11/16/98</FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>18.38</FONT></P></TD>
<TD colSpan=2 height=21 width="28%"><B><FONT color=#000000 face=Arial
size=2>
<P align=left>Stopped 12/17/98</B></FONT></P></TD>
<TD height=21 width="14%"><FONT color=#000000 face=Arial size=2>
<P align=right>$20.40</FONT></P></TD>
<TD height=21 width="17%"><FONT color=#000000 face=Arial size=2>
<P align=right>11.02%</FONT></P></TD></TR></TBODY></TABLE></DIV>
<DIV> </DIV></BODY></HTML>
</x-html>From ???@??? Fri Dec 25 23:37:39 1998
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From: TKruzel <TKruzel@xxxxxxxxxxxxxxxx>
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To: metastock@xxxxxxxxxxxxx
Subject: Re: Formula for n periods ago
References: <002001be2d08$a1cb5c00$7193c4ce@xxxxxxxx>
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Chuck Wemlinger wrote:
>
> For MS6.5 I would like to plot a single symbol 'n' periods back from
> the last bar in the database. Simply because counting bars backward
> for any distance gets tiresome. Is this so simple that I'm
> overlooking the solution or is it so simple that there is no alogrithm
> in MS to do it? Any suggestions?
>
> Thanks,
> Chuck
The following function will plot a 1 (TRUE) when the current bar is
N bars from the last bar. A 0 (FALSE) is plotted everywhere else.
N:=4;
NBarsFromLast:=If(Cum(1)=LastValue(Cum(1))-N,1,0);
NBarsFromLast;
Regards,
Tim
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