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<DIV style="FONT: 10pt arial">----- Original Message -----
<DIV style="BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A
href="mailto:sky40912@xxxxxxxxx"; title=sky40912@xxxxxxxxx>Theo E.M.
Lockefeer</A> </DIV>
<DIV><B>To:</B> <A href="mailto:metastock@xxxxxxxxxxxxx";
title=metastock@xxxxxxxxxxxxx>Metastock User Group</A> </DIV>
<DIV><B>Sent:</B> April 25, 2000 8:42 AM</DIV>
<DIV><B>Subject:</B> Fw: stockpick : QTRN (24/04/2000) part 9</DIV></DIV>
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<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>List,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>where are we now ? (24/04/2000)</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>1) NASDAQ :</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2> important breakout which i
didnot expected.</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>2) the position : for those who still own
it :</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT><FONT
face=Arial size=2>down - 3.6 %</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Also a probable positive breakout
looks</FONT></DIV>
<DIV><FONT face=Arial size=2>we finally get on track.</FONT></DIV>
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<DIV><FONT face=Arial size=2> </FONT></DIV>
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<DIV><FONT face=Arial size=2> <FONT color=#800080
size=3><STRONG><EM>Stoploss level $13.50.</EM></STRONG></FONT></FONT></DIV>
<DIV><FONT face=Arial size=2>System tells we are still in a buy
phase............</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<DIV><FONT face=Arial size=2>Will study an adaption of this level</FONT></DIV>
<DIV> </DIV>
<HR>
<DIV><FONT face=Arial size=2>QTRN : (18/04/2000) $
15.00</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>HOLD-13 is the situation. (Buy still possible but
donot wait).</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>SL : $13.50 (no change).</FONT></DIV>
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<DIV><FONT color=#008080 face=Arial><STRONG><EM>Theo
Lockefeer</EM></STRONG></FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>P.s. : BUY MSFT </FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>P.s. Anyone bought MSFT yesterday ?</FONT></DIV>
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</x-html>From ???@??? Wed Apr 26 06:43:38 2000
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From: "Dan Harels" <harelsdb@xxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx
Subject: Re: Comparative Strength
Date: Wed, 26 Apr 2000 05:34:16 GMT
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Status:
My data vendor, Quotes Plus, has a screening program as part of its service.
You can screen on some technicals and some fundementals, however, its
screening capabilities are very limited compared to Metastock. It does
allow straight forward screening on Relative Strength. I have never spent
the time to figure out how to screen for relative strength using Metastock.
While it may be more flexible, it also strikes me as being more cumbersome.
The values of Relative Strenght provided by Quotes Plus have met my needs.
Dan
>From: "Martin Haesler" <mhaesler@xxxxxxxxxxxxxx>
>Reply-To: metastock@xxxxxxxxxxxxx
>To: <metastock@xxxxxxxxxxxxx>
>Subject: Re: Comparative Strength
>Date: Wed, 26 Apr 2000 12:23:54 +0930
>
>HHP
>
>I have been unable to find the Security Data Function you refer to ???
>Could
>you enlighten me please as to what this function is called.
>
>I also note the Relative Strength Comparative can be used as an indicator
>but is not available in the indicator builder nor in the explorations.
>
>Am I missing something ?? Any assistance much appreciated.
>
>Regards ... Martin
>
>
>----- Original Message -----
>From: "HHP" <hhp@xxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Tuesday, April 25, 2000 7:29 AM
>Subject: Comparative Strength
>
>
> > How do people compute comparative strength in MetaStock so as to be able
> > to sort the issues by comparative strength?
> >
> > My method is to calculate an Issue Ratio by dividing today's close by
> > the 20-day previous close; obtain an Index Ratio the same way; then
> > divide the Issue Ratio by the Index Ratio. (MStk ver.7's Security Data
> > Function makes this easy).
> >
> > Does anyone find other time periods better - shorter, longer,
> > composite? Has anyone a better calculation? A way to give preference
> > to a smooth comparative strength curve might be an advantage.
> >
> > HHP
> > ==========================
> >
> > Dan Harels wrote:
> > >
> > > Nicholas,
> > >
> > > Although Metastock can screen 3000 securities, I haven't found much
>point in
> > > it. I have found it more productive to use Metastock's powerful
>screening
> > > capabilities on a much smaller population. I am what is frequently
> > > classified as a momentum investor because I focus my attention
>strongest
>10
> > > percent of the market and essentially ignore the other 90 percent.
> > >
> > > To find the strongest 10 percent, I perform an initial screen of all
>of
>the
> > > securities in Quote Plus database using relative strength. I look for
>the
> > > securities that have out performed 90 percent of the market on the
>premise
> > > that stocks that have outperformed will continue to outperform. I
>also
>add
> > > a screen that eliminates anything that trades less than an average of
> > > 100,000 shares per day. I use 100,000 because it keeps my database
>small,
> > > the spread between bid and ask doesn't eat you alive and you don't
>have
> > > charts that are full of gaps due to lack of activity.
> > >
> > > Back in late October when I thought that the market was nearing a
>bottom, I
> > > ran that scan on Quotes plus and came up with a population of about
>120
> > > stocks. I used that population through November and did not update it
>again
> > > until mid-December. Many of the stocks in that population went up
>several
> > > hundreds of percent between the first of November and the first of
>January.
> > > The period between the first of Novemeber and the first of January was
> > > extrordinary and I did not have the skills needed to make several
>hundreds
> > > of percent on my capital, however, the opportunities were there in a
>small
> > > cross-section of the market.
> > >
> > > If you are looking for stocks that are going to outperform the market,
>you
> > > would do well to focus your attention on the stocks whose price
>performance
> > > has been better than the rest of the market. On average, their price
> > > performance is likely to continue to be better than the rest of the
>market.
> > > I use relative strength as my first cut and volume as a secondary
>criterion.
> > >
> > > Hope this helps,
> > >
> > > Dan
> > >
> > > >From: "Nicholas Kormanik" <nkormanik@xxxxxxxxxx>
> > > >Reply-To: metastock@xxxxxxxxxxxxx
> > > >To: <metastock@xxxxxxxxxxxxx>
> > > >Subject: RE: Volume Moving Average Study
> > > >Date: Sun, 23 Apr 2000 20:58:11 -0600
> > > >
> > > >Ian writes, "I mainly use two other folders which have about 200
>securities
> > > >in each."
> > > >
> > > >Did those approximately 400 stocks in 'topstocks' and 'watchlist'
>have
>to
> > > >clear a volume hurdle?
> > > >
> > > >What makes them all that different from the other 3,000 securities?
> > > >
> > > >Thanks,
> > > >Nicholas
> > > >
> > >
> > >
>________________________________________________________________________
> > > Get Your Private, Free E-mail from MSN Hotmail at
>http://www.hotmail.com
>
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