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RE: System with two securities



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<FONT face="Comic Sans MS" color=#0000ff 
size=2>I think I understand what you are saying.  However, these 
Profunds do not duplicate the index exactly.
<FONT face="Comic Sans MS" 
color=#0000ff size=2>I could use the index to determine when to buy and 
sell.  However, this still does not allow me to use the system tester to 
"Enter Long" and "Exit Long" two different funds in order to backtest the 
results and see how well it does.  Or is there a 
way??
 
<FONT face="Vladimir Script" color=#000080 
size=5>Rick

  <FONT face=Tahoma 
  size=2>-----Original Message-----From: 
  owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On 
  Behalf Of wavemechanicSent: Friday, June 29, 2001 10:57 
  AMTo: metastock@xxxxxxxxxxxxxSubject: Re: System with 
  two securities
  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
  <BLOCKQUOTE 
  style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
    ----- 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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