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Guy,
Is that for stocks or futures? I played with optimizing lots of
numbers in the distant past (using a hand calculator and a main frame) and
came to the conclusion that the Fibonacci numbers seemed to work best for
the stocks I followed. I don't know why, they just did. Over the years, I
became accustomed to using them and, to be honest, really haven't retested
lately. Maybe I should do that again when/if I get time <G>.
JimG
-----Original Message-----
From: Guy Tann <grtann@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Thursday, January 28, 1999 5:39 PM
Subject: RE: Playing the Odds
>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
>> >
>> >
>> >
>> >
>>
>>
>>
>
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