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<div class=Section1>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Marek<o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>That date is probably correct.<span style="mso-spacerun: yes">
</span>I moved away from Detroit originally in 1963 and then again in 1970
after returning home from a stint in Europe.<span style="mso-spacerun:
yes"> </span>I haven’t even applied for trader status here as I remember
discussions as to whether this was practical or not.<span style="mso-spacerun:
yes"> </span>Not sure what the resolution of those discussions was.<o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>I might have to research that a little more in the future.<span
style="mso-spacerun: yes"> </span>My CPA has absolutely no idea as to
what I’m talking about.<o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'>Right now, we’re thinking of looking in to determine what we need to do
for a fund operator designation. <o:p></o:p></span></font></span></p>
<p class=MsoNormal><span class=EmailStyle18><font size=2 color="#003300"
face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:
Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoAutoSig><!--[if supportFields]><span class=EmailStyle18><font
size=2 color="#003300" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-begin'></span><span
style="mso-spacerun: yes"> </span>AUTOTEXTLIST \s "E-mail
Signature" <span style='mso-element:field-separator'></span></span></font></span><![endif]--><font
color="#003300"><span style='color:#003300'>Regards,</span></font><font
color="#003300"><span style='color:#003300;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig><font size=3 color="#003300" face="Times New Roman"><span
style='font-size:12.0pt;color:#003300'><![if !supportEmptyParas]> <![endif]></span></font><font
color="#003300"><span style='color:#003300;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig><font size=3 color="#003300" face="Times New Roman"><span
style='font-size:12.0pt;color:#003300'>Guy </span></font><font color="#003300"><span
style='color:#003300;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig><font size=3 color="#003300" face="Times New Roman"><span
style='font-size:12.0pt;color:#003300'>Fax (630) 604-1589</span></font><font
color="#003300"><span style='color:#003300;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal><!--[if supportFields]><span class=EmailStyle18><font
size=2 color="#003300" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style='mso-element:field-end'></span></span></font></span><![endif]--><span
class=EmailStyle18><font size=2 color="#003300" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:.5in'><font size=2 color=black
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;color:black'>-----Original
Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<b><span
style='font-weight:bold'>On Behalf Of </span></b>MB<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, January 14, 2000
5:36 PM<br>
<b><span style='font-weight:bold'>To:</span></b> metastock@xxxxxxxxxxxxx<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: Fib MA's and the
S&P</span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=2 color=blue face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:blue'>Taxation of capital gains
stated 1972 if memory serves me right... let's thank the Trudeau Liberals for
that one. And there is no real advantage in having "trader status" in
Canada, because then they tax all (100%) of your gains up to your marginal tax
rate. If you want to leave of investing your capital, you are better off doing
it elsewhere (and then people are surprised we talk about a brain drain taking
place).</span></font><font color=black><span style='color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=2 color=blue face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:blue'>However, lottery winnings
are still tax free (that is, if you consider that the winner gets to keep his
winnings: governments take about 50% of gross ticket sales in most cases).</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=3 color=black
face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:.5in'><font size=2 color=blue face=Arial><span
style='font-size:10.0pt;font-family:Arial;color:blue'>Marek</span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<div style='border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in 4.0pt'>
<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;
margin-left:39.75pt;border:none;mso-border-left-alt:solid blue 1.5pt;
padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;color:black'>-----Original
Message-----<br>
<b><span style='font-weight:bold'>From:</span></b> owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]<b><span style='font-weight:bold'>On
Behalf Of </span></b>Guy Tann<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, January 14, 2000
3:34 PM<br>
<b><span style='font-weight:bold'>To:</span></b> metastock@xxxxxxxxxxxxx<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: Fib MA's and the
S&P</span></font><font size=2 color=black face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>MB<o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Darn.<span
style="mso-spacerun: yes"> </span>When did they start that?<span
style="mso-spacerun: yes"> </span>I know years ago (when I lived just
across the border in Detroit and used to date a young lady in Toronto), they
didn’t tax it.<span style="mso-spacerun: yes"> </span>Their income tax
was unbelievably high as I remember and home mortgages were not the norm.<span
style="mso-spacerun: yes"> </span>Missed a golden opportunity I guess.<o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>Oh well,
doesn’t really affect me as long-term capital gains to me is 3 weeks. </span></font></span><span
class=EmailStyle17><font size=2 color="#993366" face=Wingdings><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Wingdings;
mso-ascii-font-family:Arial;mso-hansi-font-family:Arial;mso-char-type:symbol;
mso-symbol-font-family:Wingdings'><span style='mso-char-type:symbol;mso-symbol-font-family:
Wingdings'>J</span></span></font></span><span class=EmailStyle17><font size=2
color="#993366" face=Arial><span style='font-size:10.0pt;mso-bidi-font-size:
12.0pt;font-family:Arial'><span style="mso-spacerun: yes"> </span><o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoAutoSig style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><!--[if supportFields]><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span
style='mso-element:field-begin'></span><span style="mso-spacerun:
yes"> </span>AUTOTEXTLIST \s "E-mail Signature" <span
style='mso-element:field-separator'></span></span></font></span><![endif]--><font
color="#993366"><span style='color:#993366'>Guy</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'><![if !supportEmptyParas]> <![endif]></span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:39.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><!--[if supportFields]><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span
style='mso-element:field-end'></span></span></font></span><![endif]--><span
class=EmailStyle17><font size=2 color="#993366" face=Arial><span
style='font-size:10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
</div>
<div style='border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in 4.0pt'>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;
color:black'>-----Original Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<b><span
style='font-weight:bold'>On Behalf Of </span></b>MB<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, January 14, 2000
10:22 AM<br>
<b><span style='font-weight:bold'>To:</span></b> metastock@xxxxxxxxxxxxx<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: Fib MA's and the
S&P</span></font><font color=black><span style='color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'><![if !supportEmptyParas]> <![endif]></span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:blue'>Guy:</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:blue'>Sorry to disappoint you, but Canada taxes capital gains at your
marginal taxation rate (up to 54% in some provinces) after a 25%
deduction. This method actually equates taxation of capital in certain cases
(the US, at 18-28%, is a much better deal).</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:75.75pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=blue face=Arial><span style='font-size:10.0pt;font-family:Arial;
color:blue'>MB</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>
</div>
<div style='border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in 4.0pt'>
<p class=MsoNormal style='mso-margin-top-alt:auto;margin-bottom:12.0pt;
margin-left:79.5pt;border:none;mso-border-left-alt:solid blue 1.5pt;padding:
0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2 color=black face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma;color:black'>-----Original
Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<b><span
style='font-weight:bold'>On Behalf Of </span></b>Guy Tann<br>
<b><span style='font-weight:bold'>Sent:</span></b> Friday, January 14, 2000
1:23 AM<br>
<b><span style='font-weight:bold'>To:</span></b> metastock@xxxxxxxxxxxxx<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: Fib MA's and the
S&P</span></font><font size=2 color=black face=Tahoma><span
style='font-size:10.0pt;font-family:Tahoma;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle16><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'>If I’m not mistaken, Canada
doesn’t tax capital gains.<o:p></o:p></span></font></span></p>
<p class=MsoNormal style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><span
class=EmailStyle16><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
<p class=MsoAutoSig style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><!--[if supportFields]><span
class=EmailStyle16><font size=2 color=navy face=Arial><span style='font-size:
10.0pt;mso-bidi-font-size:12.0pt;font-family:Arial'><span style='mso-element:
field-begin'></span><span style="mso-spacerun: yes"> </span>AUTOTEXTLIST
\s "E-mail Signature" <span style='mso-element:field-separator'></span></span></font></span><![endif]--><font
color=navy><span style='color:navy'>Regards,</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'><![if !supportEmptyParas]> <![endif]></span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=navy face="Times New Roman"><span style='font-size:12.0pt;color:navy'>Guy
</span></font><font color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoAutoSig style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=navy face="Times New Roman"><span style='font-size:12.0pt;color:navy'>Fax
(630) 604-1589</span></font><font color=black><span style='color:black;
mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:79.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><!--[if supportFields]><span
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12.0pt;font-family:Arial'><![if !supportEmptyParas]> <![endif]><o:p></o:p></span></font></span></p>
</div>
<div style='border:none;border-left:solid blue 1.5pt;padding:0in 0in 0in 4.0pt'>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma;
color:black'>-----Original Message-----<br>
<b><span style='font-weight:bold'>From:</span></b>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<b><span
style='font-weight:bold'>On Behalf Of </span></b>James Wolf<br>
<b><span style='font-weight:bold'>Sent:</span></b> Thursday, January 13, 2000
7:08 PM<br>
<b><span style='font-weight:bold'>To:</span></b> metastock@xxxxxxxxxxxxx<br>
<b><span style='font-weight:bold'>Subject:</span></b> RE: Fib MA's and the
S&P</span></font><font color=black><span style='color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'><![if !supportEmptyParas]> <![endif]></span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>Indeed.
</span></font><font color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>Heard
in Britian; " Ha, and they rebelled to get
**away** from taxes"!</span></font><font color=black><span
style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>James
Wolf</span></font><font color=black><span style='color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'> </span></font><font
size=2 color=black><span style='font-size:10.0pt;color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
Question to ponder:</span></font><font size=2 color=black><span
style='font-size:10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
If the internet has made trading accessible anywhere in the </span></font><font
size=2 color=black><span style='font-size:10.0pt;color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
world, why don't </span></font><font size=2 color=black><span style='font-size:
10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
we traders all move to a country, or even create a new country on a rock </span></font><font
size=2 color=black><span style='font-size:10.0pt;color:black;mso-color-alt:
windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
somewhere, where there is no Capital Gains Tax?</span></font><font size=2
color=black><span style='font-size:10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
</span></font><font size=2 color=black><span style='font-size:10.0pt;
color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'>>
Kevin Campbell</span></font><font size=2 color=black><span style='font-size:
10.0pt;color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=2
color=black face="Times New Roman"><span style='font-size:10.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
<p class=MsoNormal style='margin-left:115.5pt;border:none;mso-border-left-alt:
solid blue 1.5pt;padding:0in;mso-padding-alt:0in 0in 0in 4.0pt'><font size=3
color=black face="Times New Roman"><span style='font-size:12.0pt;color:black'> </span></font><font
color=black><span style='color:black;mso-color-alt:windowtext'><o:p></o:p></span></font></p>
</div>
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</x-html>From ???@??? Mon Jan 17 09:29:08 2000
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Message-ID: <004601bf5f4a$f7963c20$a2dc79c3@xxxxx>
From: "A.J. Maas" <anthmaas@xxxxxxxxx>
To: "Metastock-List" <metastock@xxxxxxxxxxxxx>
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Subject: Re: Fib MA's and the S&P
Date: Sat, 15 Jan 2000 11:39:09 +0100
Organization: Ms-IRB
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<DIV><FONT size=2>No, not a single one of my own developped indicators carries
the 13 number in it.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>****Since I have found </FONT><FONT size=2>13 to be
the unlucky number, eg this based
(like fib) on historical hypes,</FONT></DIV>
<DIV><FONT size=2>myths, </FONT><FONT size=2>anecdotes </FONT><FONT
size=2>and </FONT><FONT size=2>other historical rhymes and
riddles that over and over again have proved</FONT></DIV>
<DIV><FONT size=2>this view </FONT><FONT size=2>to be true, will
naturally not use 13 in financial/trade systems. Especialy when it
also</FONT></DIV>
<DIV><FONT size=2>falls on a black(cat) Friday and I have to leave the house
noticing that the window cleaner's ladder</FONT></DIV>
<DIV><FONT size=2>is blocking the door.****</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Sub Seriously.</FONT></DIV>
<DIV><FONT size=2> T</FONT><FONT size=2>he closest I get
</FONT><FONT size=2>to is either the basic 10, the basic 14 (standard in f.i.
RSI) or the basic 15.</FONT></DIV>
<DIV><FONT size=2> Below is a partial print of that
mail that I sent you.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2> If your ma's + numbers in your
ma's makes you melt from their "dazzling visual
support/resistance",</FONT></DIV>
<DIV><FONT size=2> than keep </FONT><FONT size=2>in mind
</FONT><FONT size=2>that the sequence's parts that you did used
and not left out, are </FONT><FONT size=2>so much equal
close</FONT></DIV>
<DIV><FONT size=2> to </FONT><FONT size=2>the decimal
fractals, eg thus </FONT><FONT size=2>not fib numbers giving your
indicators their validity </FONT><FONT size=2>but the straight</FONT></DIV>
<DIV><FONT size=2> forward </FONT><FONT
size=2>"theached-at-any-primary-school" Decimal System's
calculations systematics </FONT><FONT size=2>and methods.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2> Next up, you believers,
are going to bring Van Gogh's used painting methods into the trading
attributes</FONT></DIV>
<DIV><FONT size=2> and patterns as well. I can see
it already in front of me, "the Van Gogh price crunching patterns
tell</FONT></DIV>
<DIV><FONT size=2> this and that bla bla
bla".</FONT></DIV>
<DIV><FONT size=2>End Sub.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>
<DIV><FONT size=2>Dino, Leno and Nino</FONT></DIV>
<DIV><FONT size=2>I can just imagine you in these places standing there with
your fib-calculator in your hand, timing when</FONT></DIV>
<DIV><FONT size=2>the breaks/resting pauzes </FONT><FONT size=2>were
due.</FONT><FONT size=2></DIV>
<DIV>
<DIV><FONT size=2>Sure you don't have them mixed with the
famous TV-presentators, cartoon-heros and Hollywood
stars/singers?</FONT></DIV>
<DIV> </FONT></FONT><BR>Regards,<BR>Ton
Maas<BR><A
href="mailto:ms-irb@xxxxxxxxxxxxxxxx";>ms-irb@xxxxxxxxxxxxxxxx</A><BR>Dismiss the
".nospam" bit (including the dot) when replying and<BR>note the new address
change. Also for my Homepage<BR><A
href="http://home.planet.nl/~anthmaas";>http://home.planet.nl/~anthmaas</A></DIV></DIV></DIV>
<DIV> </DIV>
<DIV><FONT
size=2>------------------------------------------------------------------------------------------------</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>Tho, I am getting myself programmed to act according to a
Buy/Sell indicator.<BR>This then can either be the ELWAVE or another indicator
which I am currently testing within<BR> Excel (and as yet cannot be fully
implemented in a program like Metatstock).<BR>I have already been testing this
for over a year now and this indicator will be a<BR>plain On/Off
indicator(biwave) with signal crossings of and made by a current
positive<BR>Trend indication and a current negative Trend indication.<BR><BR>A
workable duplicate -tho this one is based on LinReg and slightly later
signaling- is the<BR>following biwave "TM - RALLY Meter - LJ2"
indicator:<BR><BR>If(((LinearReg(C,14)/Ref(LinearReg(C,14),-9))-1)>-0.002,+1,-1)</FONT></DIV>
<DIV><FONT size=2>{Indicator + formula are copyrighted by Ton Maas - MsIRB - the
Netherlands}<BR><BR>This is very well to be used with the "TM - RALLY Meter -
Osc" indicator(also based on<BR>LinReg) wich I have mailed to you before:
<BR><BR>(LinearReg(C,14)/Ref(LinearReg(C,14),-14))-1<BR>{as the trigger overlay
use with a smoothed version, eg a SMA5.<BR><FONT size=2>Indicator + formula are
copyrighted by Ton Maas - MsIRB - the Netherlands}<BR></FONT><BR>Hope this all
answered your mails questions and that you have been able to ride
the<BR>S&P's restanding move upwards with for you the required $
gains,<BR><BR>Regards,<BR>Ton Maas<BR></FONT></DIV>
<DIV><FONT size=2>============================================<BR></DIV></FONT>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 2px solid; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
<DIV style="FONT: 10pt arial">----- Original Message ----- </DIV>
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black"><B>From:</B>
<A href="mailto:kernish@xxxxxxxxxxxx"; title=kernish@xxxxxxxxxxxx>Steve
Karnish</A> </DIV>
<DIV style="FONT: 10pt arial"><B>To:</B> <A
href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> ; <A
href="mailto:realtraders@xxxxxxxxxxxxxxx";
title=realtraders@xxxxxxxxxxxxxxx>RTList</A> </DIV>
<DIV style="FONT: 10pt arial"><B>Sent:</B> vrijdag 14 januari 2000 5:06</DIV>
<DIV style="FONT: 10pt arial"><B>Subject:</B> Re: Fib MA's and the
S&P</DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>Ton,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Sorry, it took a while to respond. I was
working the Ag Exposition in Spokane, WA. I hung a sign in the
convention arena, danced a monkey around on a string, and while the crowd was
being misdirected, I lifted all their wallets. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>The fibonacci moving averages are posted for pure
amusement (you know, just like the monkey). I have a real simple mind
and I'm easily fooled. I'm totally amused by dropping a "fib" moving
average template on a chart and seeing all the little "coinky dinkies".
Ton, I like these averages. I think they're more fun than 10, 20, 50,
100 or whatever makes you giggle. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>I make my living (the wallet stealing part)
by employing a consistent, simple, mechanical system to all the markets that I
trade. This "system" features momentum oscillators. And, Oh God,</FONT><FONT
face=Arial size=2> it has one or two or three (dare I say) "fibonacci numbers"
imbedded in the damn formula. "I mean the shame of it all!" Fib
numbers violating the integrity of a sound momentum oscillator.
</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Ton, you must have missed my stirring
historical review of Fibonacci's trip to Egypt, his lovers, and other
antidotes. It was all related to me in a bar in Detroit (circa 1981) by
one of his descended. I forget if it was Leno, Dino, or Nino Fibonacci
(three brothers who you want on your team when the chairs start
flying). If anyone still has that post, please share it with Ton.
</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Meanwhile, I'll be mechanically trading for a
friends, relatives, and a couple of guys whose names end with a vowel.
And Ton, shame on you if you use 13 in any of your formulas. Didn't you
send me a Linear Regression Oscillator that was peppered with the number
13. Honestly, Ton, you should be ashamed of your behavior!</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Dancing the monkey on a string,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Steve Karnish<BR>Cedar Creek Trading<BR><A
href="http://www.cedarcreektrading.com";>http://www.cedarcreektrading.com</A></FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Mon Jan 17 09:29:26 2000
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From: "Ron Stockstill" <stocks@xxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: RE: Random entry techniques
Date: Sat, 15 Jan 2000 05:05:34 -0600
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A study of Chuck LeBeau's book essentially shows that random entries are
just
about as good as feverishly trying to improve upon this entry. According
to Chuck LeBeau's research, EXITs are supreme and this is where you should
spend most of your time in writing/developing/testing trading systems. You
could have bought QCOM last year at almost any point in time and still made
a bunch of money. This is why I mentioned comparative relative strength as
a selection tool. This has been consistently the best stock selection tool
I have seen. Entries are not all that important; preservation of capital
is crucial. Exits are all about preservation of capital; both in terms of
initial loss as well as preserving capital made in a trade. You don't
believe
this; try using the system tester to always exit a trade after a certain
timeframe of say 21 days. Now test your entries on a range of securities
to see how much improvement you can consistently make in your entry
techniques.
Probably not much when viewed statistically based upon LeBeau's work. Now
work on
exits using all your different entry techniques with a final exit of say 21
days
to get out of the trade. You can radically change your trade performance by
taking losses quickly and varying your exit strategy to accomodate market
conditions and exiting before 21 days
if needed. Once you have established your exit criteria; position sizing
(how much of
your trading capital) to bet on a single trade becomes paramount. Van
Tharp's book,
"Trade your way to financial riches" discusses this very important
consideration.
My random entry remark was not meant to be flippant; just wanted to suggest
that focusing
on entry techniques is probably not a good investment of your time. Use any
of the
standard techniques; (20 day new high -- buy), moving average crossover, 3
consecutive
up closes, volume spike, stock fails to fall on bad news, etc. It is much
more important
to know your sell point and do profit protection than worry all that much
about your
entry technique. My experience suggests that selection using comparative
relative
strength will usually do much more for your returns than developing complex
entry
techniques involving cycles, multiple indicators in oversold zones in the
same time
window, and all the other convoluted complex indicators that I have
developed in the
past. A good starting point is to use the default ranking in Metastock
explorer and
considering buying the top 5 positions that show up in the ranking. It
sounds too
simple but combined with good exit techniques can be profitable.
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Nicholas Kormanik
Sent: Friday, January 14, 2000 9:37 PM
To: metastock@xxxxxxxxxxxxx
Subject: RE: Simple VB example
Ron Stockstill,
"Stock entry: try a random entry. Most systems are not much better than
that."
Shame on you. Isn't that among the first things you should arrive at?
Maybe at least a moving average turn up? Or an MACD cross up through zero?
If this isn't the case, why waste money on any of these programs --- just
use a dart board, or a flip of a coin.
My hunch is that there is a finite and small number of 'ideal circumstances'
in which to enter long, and these may change slightly over time. It is the
task of the TA to discover these locations, and to do so quite consistently.
And, incidentally, many different indicators seem to point to essentially
the same 'sweet spots' --- to use a metaphor, it would be like many
different photographers shooting the same celebrity positioned somewhere
among them; basically one could subsequently recognize the person, it's just
that the different photos would show various perspectives and angles. The
essence of the celebrity, however, remains.
Nicholas
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