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Re: Weekly Pick



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<DIV><FONT color=#000000 size=2>Guy,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT 
size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Glad that Evan's team won.&nbsp; It's 
always good to share their excitement when they do win.&nbsp;</FONT></DIV>
<DIV><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; I'm also glad to hear that you got 
your Buy signal.&nbsp; All my portfolio did great today except my latest pick, 
NSOL.&nbsp; Maybe it's just marking time and will start tomorrow with your Buy 
signal to help &lt;G&gt;.</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>JimG</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Guy Tann &lt;<A 
    href="mailto:grt@xxxxxxxxxxxx";>grt@xxxxxxxxxxxx</A>&gt;<BR><B>To: </B><A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> &lt;<A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Sunday, March 28, 1999 6:08 PM<BR><B>Subject: </B>RE: Weekly 
    Pick<BR><BR></DIV></FONT>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>JimG</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN class=630243801-29031999>As 
    I thought, we have a Buy.&nbsp; Went long the S&amp;P through 
    Globex.</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>Evan's team won the championship.&nbsp; Even his 
    mother attended.&nbsp; She was torn as the Cardinal was at the Parish today 
    conducting Palm Sunday services.&nbsp; My thoughts were, you can always see 
    a Cardinal, but how many times does your 8 year old play on a championship 
    team?&nbsp; Of course, I'm not very religious and count on her prayers to 
    get me into heaven. &lt;VBG&gt;</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN class=630243801-29031999>I 
    should be doing this with grandchildren, but my oldest is married, 37 years 
    old, and no kids.&nbsp; Number 2 is going to be 35, has a girl friend 
    (actress who's series on CBS got cancelled last season) and we haven't heard 
    anything about kids there (they did just adopt a second dog though 
    &lt;G&gt;).&nbsp; Mary and I have been left on our own.&nbsp; Actually, this 
    keeps you young (they tell me).</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>Anyway, we're really enjoying the little guy.&nbsp; 
    He's in 3rd grade and doing well in his prep school.&nbsp; Long day for a 
    little guy.&nbsp; Gets on the bus @7AM and I pick him up at 4PM.&nbsp; Then 
    a couple hours of homework and I'm ready for bed &lt;BG&gt;.&nbsp; Haven't 
    had much time for anything else.</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>Good luck on those longs.&nbsp; By taking my 
    profits early I made an extra 25%, so I'm going to really watch those quick 
    moves against the trend and grab them early.</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>Regards</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999>Guy</SPAN></FONT></DIV>
    <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
    class=630243801-29031999></SPAN></FONT>&nbsp;</DIV>
    <DIV class=OutlookMessageHeader><FONT face="Times New Roman" 
    size=2>-----Original Message-----<BR><B>From:</B> 
    owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On 
    Behalf Of</B> Jim Greening<BR><B>Sent:</B> Sunday, March 28, 1999 11:24 
    AM<BR><B>To:</B> metastock@xxxxxxxxxxxxx<BR><B>Subject:</B> Re: Weekly 
    Pick<BR><BR></FONT></DIV>
    <DIV><FONT color=#000000 size=2>Guy,</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; 
    Best of luck on your son's game.&nbsp; I used to really enjoy those when my 
    children were that age, now I'm getting to revisit it with my 
    granddaughter's soccer games.</FONT></DIV>
    <DIV><FONT size=2></FONT>&nbsp;</DIV>
    <DIV><FONT size=2>JimG</FONT></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
        <DIV><FONT face=Arial size=2><B>-----Original 
        Message-----</B><BR><B>From: </B>Guy Tann &lt;<A 
        href="mailto:grt@xxxxxxxxxxxx";>grt@xxxxxxxxxxxx</A>&gt;<BR><B>To: </B><A 
        href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> &lt;<A 
        href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
        </B>Saturday, March 27, 1999 8:58 PM<BR><B>Subject: </B>RE: Weekly 
        Pick<BR><BR></DIV></FONT>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999>JimG</SPAN></FONT></DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999></SPAN></FONT>&nbsp;</DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999>Go for it.&nbsp; I'll post Sunday night after I 
        get our positions placed and our calculations completed.&nbsp; It looks 
        like we could have a buy signal as well, but I'm not going to be around 
        to crank the numbers.&nbsp; My 8 year old in having his basketball 
        championship game Sunday and we're busier than all get out preparing for 
        that 'big' game.</SPAN></FONT></DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999></SPAN></FONT>&nbsp;</DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999>Regards</SPAN></FONT></DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999></SPAN></FONT>&nbsp;</DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999>Guy</SPAN></FONT></DIV>
        <DIV><FONT color=#0000ff face=Arial size=2><SPAN 
        class=190354004-28031999></SPAN></FONT>&nbsp;</DIV>
        <DIV class=OutlookMessageHeader><FONT face="Times New Roman" 
        size=2>-----Original Message-----<BR><B>From:</B> 
        owner-metastock@xxxxxxxxxxxxx 
        [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On Behalf Of</B> Jim 
        Greening<BR><B>Sent:</B> Saturday, March 27, 1999 1:04 PM<BR><B>To:</B> 
        Metastock<BR><B>Subject:</B> Weekly Pick<BR><BR></FONT></DIV>
        <DIV><FONT color=#000000 size=2>All,</FONT></DIV>
        <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; This was a very 
        busy week.&nbsp; I added RDC to my portfolio Monday and was stopped out 
        of DELL.&nbsp; I added DELL back Thursday when it looked like it was 
        bouncing off the bottom of a long term up trend channel.&nbsp; Finally, 
        </FONT><FONT color=#000000 size=2>I tried to relearn the lesson of 
        &quot;Stick to your System&quot;.&nbsp; On Wednesday morning I was 
        stopped out of AMZN and WMT.&nbsp; I didn't like the looks of the market 
        so I decided to go to 50% cash and closed out my AOL and SCH positions 
        also.&nbsp; My system was saying that I should stay in AOL and SCH, but 
        I didn't.&nbsp; Sure enough both gapped up Thursday morning.&nbsp; I 
        rectified my mistake by jumping back in, but I lost some profit I would 
        have had if I had just stayed in as my system called for.&nbsp; The 
        question is - did I learn my lesson or not?&nbsp; Time will tell 
        &lt;G&gt;.</FONT></DIV>
        <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; I still have 
        cash in my portfolio and want to replace AMZN with another internet 
        position.&nbsp; After a lot of looking, my choice is Network Solutions 
        (NSOL).&nbsp; Network Solutions is the exclusive registrar -- for the 
        time being -- of address names ending in domains .com, .edu, .net, and 
        .org. The company, which has registered more than three million 
        addresses, provides domain name information to Internet root servers 
        worldwide, and offers intranet development and network security 
        services. To me, this looks like a license to coin money since all the 
        companies and individuals registering names must pay an annual fee 
        &lt;G&gt;.&nbsp; It's an extremely volatile stock so it's not for the 
        weak of heart.</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT><FONT 
        size=2>&nbsp;&nbsp;&nbsp;&nbsp; NSOL at $106.50 is in a wide 
        Intermediate Term Up Trend Channel (ITUTC) with the top at 190 and the 
        bottom at 102 1/2.&nbsp; It looked like it bounced off that bottom 
        Thursday and Friday.&nbsp; During the week it fell from Monday's high of 
        153.8 and lost 30% of its value as a Market Shorter tried to jaw bone it 
        down and succeeded, at least temporarily.&nbsp; I think he was wrong and 
        this is a buying opportunity, but a very risky one.&nbsp; The binary 
        wave is positive, but falling and the QStick is negative and falling as 
        you would expect after a 30% drop in a week, so they aren't much 
        help.&nbsp; The long term trend is definitely up and the fundamentals 
        are interesting for an internet stock.&nbsp; NSOL has the typically high 
        internet price/sales at 18.9, but it offsets that with actual earnings 
        which is unusual for an internet stock.&nbsp; It has current earnings of 
        $.34 and its sales, income, and EPS are all showing growth rates over 
        100% per year.&nbsp; Since this is such a volatile position, I'm going 
        to watch it Monday morning and only enter if it is rising.&nbsp; If I do 
        get my position, I'll set my initial target just under Monday's high at 
        150.&nbsp; I'll set my stop just under the ITUTC at 101 3/4.&nbsp; If it 
        takes off, I'll switch my stop to a short term channel just as soon as 
        it makes sense to construct one.</FONT></DIV>
        <DIV>&nbsp;</DIV>
        <DIV><FONT size=2>JimG</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
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	 Mon, 29 Mar 1999 17:02:50 -0800
Message-ID: <001301be7a49$15e541e0$f6acfad0@xxxxxxx>
From: "Adam Hefner" <VonHef@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <36FFAEE3.673A720D@xxxxxxxxxxxxx> <001801be7a0b$abb13960$64d1fed0@xxxxxxx> <3700171B.7DC4F374@xxxxxxxxxxxxx>
Subject: Re: Weekly moving avg on Daily chart
Date: Mon, 29 Mar 1999 19:03:11 -0600
Organization: Microsoft Corporation
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 Hi Ken,
Yes he solved the code problem....seems there was a conflict with another
formula. I have tested
the "Gann-Swing" method using this code.....but it isn't very encouraging.
Perhaps using this general
idea we can "stumble" across a better method.
 I seemed to have overlooked your post on the weekly high/low code, would
you send it to me?
I do believe there is some promise in the Multiple Time Frame Method, so
please keep me posted
on your testing.

  Best wishes,
      Adam Hefner.
VonHef@xxxxxxxxxxxxx

---------------------------------------
----- Original Message -----
From: <divenfish@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Monday, March 29, 1999 6:13 PM
Subject: Re: Weekly moving avg on Daily chart


> Adam,
>
> I created a chart w/ your indicators on it and saved it to my desktop so
I'll be
> sure to see it and check it out tomorrow.  Thanks for the code.  I guess
this
> means you solved the error message problem.  When you posted your e-mail
about
> the error message, I dug up my DMTS stuff (that I never finished), hoping
to
> stumble across that error message or better yet a solution
> <g>.  I guess I get sidetracked easily because when Rajat started talking
about
> 52 week highs and QTRly highs and such I had to have a look, and in the
process
> I guess I stumbled across one of Guy's acorns and fell smack dab into a
new way
> (for me) of looking at the holiday problem.  I just compared our weekly
high
> code (using continuous L Catt) and they produce identical values.  I
checked all
> they way back to 1971.  Makes me feel better.  :-)
>
> In my previous e-mail I mentioned shortening the code that I sent, and the
> answer (if there is one) lies in the summation function but I'll need to
look at
> it some more.  Today, to see if it could be done, I successfully created a
> weekly RSI (2) that plots on a daily chart, but before I go for a longer
> lookback period RSI, I'd like to simplify things with the sum function if
> possible.
>
> BTW, I sent the original e-mail Sunday late afternoon, but it never made
it to
> the list.  I mention that because I don't want anyone to think I'm downing
beers
> before noon (not lately anyway <G>), although many moons ago on a fishing
trip I
> did see my dad pop one open before 9:30 am. <g>
>
> Regards,
> Ken
> --
> mailto:divenfish@xxxxxxxxxxxxx
>
>
> Adam Hefner wrote:
>
> > Thanks Ken for the code.
> >  I have also been working on Multiple time frame testing.....but my code
has
> > been
> > developed toward the "Gann-Swing" stuff. I have attached a Word.Doc file
> > with four codes. The first two calculate (on the first day of the week)
the
> > previous
> > weeks High and Low (also corrected for holidays), the third calculates
the
> > Gann
> > swing, and the fourth the Gann Weekly Trend.
> >
> >   Best wishes,
> >       Adam Hefner.
> > VonHef@xxxxxxxxxxxxx
> >
> > ---------------------------------------
> > ----- Original Message -----
> > From: <divenfish@xxxxxxxxxxxxx>
> > To: Metastock List <metastock@xxxxxxxxxxxxx>
> > Sent: Monday, March 29, 1999 10:48 AM
> > Subject: Weekly moving avg on Daily chart
> >
> > > Maybe it's the Corona, but I think I'm on to something...<g>
> > > If I got this right, no matter what day a week started or
> > > ended on, beginning with the first trading day of each week
> > > these indicators accurately show the static *weekly* moving
> > > average on a *daily* chart, making it possible to do multiple
> > > time frame testing with weekly ma's.  (Hey, it's a start..)
> > > You can
> > > use the weekly ma's to determine trend, and daily ma's, MACD,
> > > price...whatever, to enter...all on a daily chart.  Let me
> > > know if you find any errors, but I think it's clean.  The only
> > >
> > > downside is that it won't plot on the last day loaded since it
> > >
> > > needs to look forward one day to determine end of a week.
> > > One thing I noticed in the past is that sometimes Metastock
> > > will
> > > carry the decimal out 3 places on one time frame and sometimes
> > >
> > > only two places on another time frame (at least on this
> > > machine..my
> > > new one's coming in about a week :-) ), resulting in an
> > > occasional
> > > minor (.02% ?) difference between the 50 week ma that's
> > > plotted on a daily chart and a 50 period ma that's plotted on
> > > a weekly chart.
> > >
> > > Attached are 11 zipped indicator formulae.  All will begin
> > > with ~~ so
> > > they'll be grouped together.
> > > The indicator named  "~~Wkly SMA's for DAILY Chart" takes a
> > > LONG time to check things out if you edit the code or rename
> > > it, so be prepared.  It makes 8 fmlvar calls and some are
> > > quite long.  It plots fine speed-wise on the charts,
> > > considering the number of calcs it has to do.  Also, initially
> > >
> > > be sure to select only 2,3,4,5,10,20,25, or 50 as the ma
> > > periods, because those are the only ones I coded it for,
> > > otherwise it won't plot. If anyone has a suggestion, comment,
> > > or better way to do it, I'm all ears.  I'd like to automate
> > > some things to eliminate such lenthy code, but at the moment
> > > nothing comes to mind.
> > >
> > > Regards,
> > > Ken
> > > --
> > > mailto:divenfish@xxxxxxxxxxxxx
> > >
> > >
> >
> >                       Name: WeeklyTrend.doc
> >    WeeklyTrend.doc    Type: Microsoft Word Document (application/msword)
> >                   Encoding: x-uuencode
>
>
>
>
>