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Rick:
If you are going to use index funds (ProFund, Rydex,
etc.), instead of trying to develop a system that decides between two issues,
why not just look at the index in terms of being long or
short?
Bill
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
<A title=RickParsons@xxxxxxxxxxxxxxx
href="mailto:RickParsons@xxxxxxxxxxxxxxx";>Rick Parsons
To: <A title=metastock@xxxxxxxxxxxxx
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx
Sent: Friday, June 29, 2001 9:03 AM
Subject: RE: System with two
securities
Thanks, Dave!This situation came up because I was
interesting in UOPIX and USPIX. Onecannot sell short mutual funds
however, USPIX is the "going short" versionof UOPIX but it has to be
"bought", not sold short.For those of you who are not familiar with
these Profund funds, these twomimic the Nasdaq 100 but by using futures
and leverage move twice as much upor down. If you own these funds
directly at Profunds there are no fees orexchange limits to switch between
funds. These funds can also be found inthe larger brokerages such as
Fidelity but you may be subject to exchangelimits and
commissions.<A
href="http://www.profunds.com/index.html";>http://www.profunds.com/index.htmlRick-----Original
Message-----From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx[mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Dave NadeauSent: Friday, June 29, 2001 1:26 AMTo: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxxSubject:
RE: System with two securitiesRick,The answer is Yes and
No. Yes, you can build a system in Metastock to dothis, but I
suspect you would like to do that in the system tester.Unfortunately, that
can't be done.You'd have to write code in Formula Language to create
an Equity Lineindicator that you'd plot on that chart of the two
securities. You'd needto write IF statements that would say, if
system1 sends a trade signal thenCumulate the close of security1 -
previous close of security2 for theduration of the trade else if system2
send a trade signal then Cumulate theclose of security2....The sum
of those would be your equity line. Obviously, this is not atrivial
task, but it can be done.Dave NadeauFort Collins,
CO-----Original Message-----From: <A
href="mailto:owner-metastock@xxxxxxxxxxxxx";>owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]OnBehalf Of Rick ParsonsSent:
Thursday, June 28, 2001 2:44 PMTo: <A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxxSubject:
System with two securitiesI know I can place two securities on a
chart. But is it possible to build asystem where the Enter Long and
Exit Long logic will select either onesecurity or the other security to
buy or
sell?Thanks,Rick_________________________________________________________Do
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