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<DIV><FONT face=Arial size=2><FONT size=3>You Wrote</FONT>:</FONT></DIV>
<DIV><FONT face=Arial
size=2>
<DIV><FONT size=2>1) I couldn't act on the colors, nor directly "read" valuable
info from them (if I would have kept on looking at them,</FONT></DIV>
<DIV><FONT size=2> than eventually it would unpuzzle) and
that's using them on my 'experts'.</FONT></DIV>
<DIV><FONT size=2>2) Binairy Waves {with the +1 or -1 signals} will let me
read info directly (eg aren't time consuming whilst
analysing)</FONT></DIV>
<DIV><FONT size=2> and that too goes {only} for the
stuff{the experts} that I used at that time.
</FONT></DIV>
<DIV><FONT size=2>3) Binairy Waves do not continuesly use system
resources: oppose to # 1 +2 you will not have to Attach an Expert</FONT></DIV>
<DIV><FONT size=2> to Chart, an action that heavely
drains out </FONT><FONT size=2>the PC's mem (system/gdi/gui)
resources.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=3>Ton, that is what I do all the time (in fact, the
few actual signals that are programmed into my expert</FONT></DIV>
<DIV><FONT size=3>use the binary function of this logic)....when I shared this
with you I was sharing the logic....I don't care</FONT></DIV>
<DIV><FONT size=3>about how this logic is displayed on the screen.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3> I hope you understand that my previous questions were
asked in a rhetorical way....too get you to think</FONT></DIV>
<DIV><FONT size=3>about (what I thought) you were saying. I know we use
historical analysis to base future action, that is</FONT></DIV>
<DIV><FONT size=3>the whole philosophy of TA. </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3> Now as far as predicting into the future...
the Drummond stuff uses the last two bars (of whatever</FONT></DIV>
<DIV><FONT size=3>time frame) to calculate buy/sell
and support/resistance levels for the next future bar. Since
MetaStock</FONT></DIV>
<DIV><FONT size=3>cannot display </FONT><FONT size=3>projections past the
current bar...I use the Expert Advisor's "commentary" to display</FONT></DIV>
<DIV><FONT size=3>these levels.... sure would be nice to have these levels
displayed on the chart.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=3>Adam </FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2></FONT> </DIV></FONT></DIV></BODY></HTML>
</x-html>From ???@??? Sun May 07 09:25:22 2000
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Date: Sun, 07 May 2000 10:21:56 -0400
To: metastock@xxxxxxxxxxxxx
From: Jim <anncora@xxxxxxxxxxxxxx>
Subject: Re: Weekly Pick
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<font size=3>jim....try lly....should correct....<br>
<br>
<br>
<br>
At 02:20 PM 5/6/00 -0700, you wrote:<br>
</font><blockquote type=cite cite><font face="Times New Roman, Times" size=3>All,</font><br>
<font face="Times New Roman, Times" size=3> I
haven't made a weekly pick lately and will be gone on vacation the next
two weekends so thought it was about time <G>. My pick this
week is Harrahs Entertainment Corp (HET). HET at 20.56 looks like
it is completing a sideways move to the bottom of its Short Term Up Trend
Channel (STUTC). Looking at the long-term chart, HET set an all
time high of 37 ½ on 6/6/96 then went into a Long Term Down Trend Channel
(LTDTC) to a low of 11 1/16 on 10/8/98. It broke out of the LTDTC
on 4/14/99 and went on to set an annual high of 30 ¾ on 11/15/99.
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