|
PureBytes Links
Trading Reference Links
|
Nope, not at all, Owen.
Plot your CMO(8.67) vs. the composite [which is, of course, just the sum
of the 3 individual CMOs] in order to compare how they track the price in
fast and slow markets.
Bob
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Owen Davies
Sent: Friday, March 17, 2000 3:25 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: FibCMO
You know, I kind of wonder about these composites.
Doesn't (CMO(5) + CMO(8) + COM(13) / 3, for example,
wind up to be CMO((5 + 8 + 13)/3) or CMO(8.67)? And
isn't CMO(9) close enough for practical work?
Owen Daviess
|