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<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=900343920-13061999>JimG</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=900343920-13061999></SPAN></FONT> </DIV>
<DIV><SPAN class=900343920-13061999><FONT color=#0000ff face=Arial
size=2><<</FONT><FONT size=2><FONT color=#0000ff><FONT face=Arial>
<DIV> Looking at the indices, I'm beginning to believe
that Guy's sell signal may be for real <G>. Guy, have you gotten
that confirmation signal yet? The DJI index fell through the bottom of its
Intermediate Term Up Trend Channel (ITUTC) Friday. <SPAN
class=900343920-13061999> >></SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999>Not yet unfortunately.
<G></SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999>This ITSS without confirmation has
consistently made money (all but 1 trade) but as we discussed had some horrific
drawdowns. Since we don't have our confirming signal, I'm hoping that
we'll get a dead cat bounce here which will bail all of us out.
<G></SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999>Anyway, we're still holding on.</SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999>Regards</SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999>Guy</SPAN></DIV>
<DIV><SPAN class=900343920-13061999></SPAN> </DIV>
<DIV><SPAN class=900343920-13061999> </SPAN></SPAN></FONT></FONT><FONT
face="Times New Roman"></FONT><FONT 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, June 13, 1999 12:37 PM<BR><B>To:</B>
Metastock<BR><B>Subject:</B> Weekly Pick<BR><BR></DIV></FONT></FONT></DIV>
<DIV><FONT size=2>All,</FONT></DIV>
<DIV><FONT size=2> Not a good week, but not a real bad one
either <G>. My portfolio was down just a little and I again had
several changes. I did close my IOM and PMRY positions Tuesday. I
also opened my DELL and SCH positions, but never opened a CTI position as it
fell below the channel without hitting the buy stop. With 20/20 hind
sight, opening those positions in the large caps last week may have been a
mistake. SCH closed below my stop Friday, so I'll close that position
Monday.</FONT></DIV>
<DIV><FONT size=2> Looking at the indices, I'm beginning
to believe that Guy's sell signal may be for real <G>. Guy, have you
gotten that confirmation signal yet? The DJI index fell through the bottom
of its Intermediate Term Up Trend Channel (ITUTC) Friday. The OEX, NYA,
NASD, and SPX are all still in Horizontal Channels (HCs) after breaking through
the bottom of their up trend channels a week or two ago. That
leaves the RUT as the only major index I follow that's still in its
ITUTC and even it is in a sideways move within that channel. I don't know
if this means more sector rotation from the large caps to the small
caps, a correction in everything, or if its just a fake out before
the summer rally. However, I do know that I'm going to watch my stops
carefully and I'm not going to add any large cap stocks in the near
future. In fact, I'm going to avoid new U.S. stock positions altogether
for now. To help protect against the possibility of a correction in the
U.S. market, I'm going to invest about 20% of my portfolio in foreign
markets and if I'm stopped out of anything else, I'll just sit on the cash for a
while. Since it's hard to get information in individual foreign stocks,
I'm going to just play a country or area using the AMEX traded WEBs.
Looking at the WEBs I had a hard time deciding among Japan, Malaysia, and
Singapore. I finally decided to delete Singapore due to the mainland China
influence and put about 10% of my portfolio in Foreign Fund Malaysia (EWM) and
10% in Japan WEBs (EWJ).</FONT></DIV>
<DIV><FONT size=2> EWM at 6 3/4 gapped up Friday and
broke out of a Short Term Down Trend Channel (STDTC). I established a new
MetaStock standard deviation Short Term Up Trend Channel (STUTC) with the
top at 7 3/8 and the bottom at 5 7/8. Since this position is a hedge
against the U.S. market, I'm not going to set a target and I'm going with
the deviation set at 2 to give me a somewhat loser stop under the bottom of the
STUTC. Last October EWM broke out of a down trend that had been in
effect ever since the WEB was created. I got a StochRSI buy signal
just before that and it is still in effect. Since then EWM has been zig
zagging upwards with two higher highs and two higher lows and is close
to setting another new higher high. Giving the recent publicity on the
Asian markets finally getting over their woes, this has the potential for a good
move. I'll open a position Monday morning. I want it to run, so I
won't set a target, but will set a stop at 5 3/4. Since this is a low
priced WEB, I'll move my stop up in 1/2 point increments instead of my usual 1
point increment. </FONT></DIV>
<DIV><FONT size=2> EWJ at 12.563 is in a STUTC with the
top at 12 5/8 and the bottom at 11 7/8. It has a very chart that's
shaped exactly like EWM's chart. However, if anything, it is even a little
stronger recently with gaps up twice last week and breaking out to a new 52 week
high Friday. I also got a new StochRSI buy signal on it Tuesday.
I'll open a position Monday morning and for the same reasons mentioned above,
won't set a target, but will set my stop at 11 3/4.</FONT></DIV>
<DIV><FONT size=2> I'll send EWM.GIF and EWJ.GIF charts
to everyone on my email list.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>JimG</FONT></DIV>
<DIV><FONT size=2> </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sun Jun 13 14:58:57 1999
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From: "A.J. Maas" <anthmaas@xxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <19990611190444.29562.rocketmail@xxxxxxxxxxxxxxxxxxxx>
Subject: Re: Freeware to download closing prices
Date: Sun, 13 Jun 1999 23:25:51 +0200
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FREE Data download (and converter) programs.
http://www.beurs.nl/fibbs/help.htm#QuoteManager
Search the QuoteManager(for Metastock)-section and click the Download link
(for some odd reason the linked server was not available tonight (Sun 06/13/99),
probably due to maintenance). Quotemanager saves downloaded data to a prn-file
in folder of your choise, and than requires the Downloader for conversion jobs.
Mercury converter
The also on this site available Mercury converter converts downloaded (from web) data
to spreadsheets.
Site is in Dutch (have send a translated version, of the pre-renovated site, to the List before).
Regards,
Ton Maas
ms-irb@xxxxxxxxxxxxx
Dismiss the ".nospam" bit (including the dot) when replying.
----- Original Message -----
From: CMA <cma6@xxxxxxxxx>
To: Metastock Digest <metastock@xxxxxxxxxxxxx>
Sent: vrijdag 11 juni 1999 21:04
Subject: Freeware to download closing prices
>
> Can anyone recommend freeware to download closing
> prices from the web, so that the saved downloaded file
> can be used by Downloader to update MetaStock files?
> _________________________________________________________
> Do You Yahoo!?
> Get your free @yahoo.com address at http://mail.yahoo.com
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