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RE: Playing the Odds



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Jim

In the past, we've found that 14 day and 50 day moving averages worked best
with a lot of our indicators.

Guy


> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
> Sent: Thursday, January 28, 1999 6:33 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: Playing the Odds
>
>
> Jim,
>      As just about everybody knows by now, I use trend channels for that
> <G>.  In the past I also used moving averages, buying on crossovers of the
> 21 day moving average as long as the crossover was in the direction of the
> 55 day moving average.
>
> JimG
> -----Original Message-----
> From: Wooglinx@xxxxxxx <Wooglinx@xxxxxxx>
> To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
> Date: Wednesday, January 27, 1999 7:37 PM
> Subject: Playing the Odds
>
>
> >When trading stocks or mutual funds selecting the right stock or
> fund is a
> >given. Buying an equity for a trade that has strong fundamentals is
> important.
> >Buying an equity that has a positive technical analysis is important. But
> >buying an equity in a declining or weak overall market is likely
> to reduce
> the
> >chance of success. Yes, these are generalities, but give me a
> break on this
> >for the moment <G>.
> >
> >The point is, we would be better off trading in the general direction of
> the
> >underlying market and have the wind to our back so to speak.
> >
> >The question I pose is, "What method(s), if any, do you use to determine
> the
> >probable direction of the market." For starters, one might look for
> >divergence's in the DJIA or SPX and the Adv-Dec line. Or applying the ADX
> or
> >Stochastic.
> >
> >One that has some promise is the Parabolic SAR using the canned
> parameters
> in
> >MS. Take a look at the Parabolic SAR against the DJIA, the SPX, or the
> NASDAQ.
> >
> >What's your method?
> >
> >Jim Barone
> >
> >
> >
> >
>
>
>