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Since a lot of people sleep through the weekend, here'a another
reminder that I posted a chart of HOV using the indicators and
highlight code from Roy's October newsletter.
I think you'll find the chart interesting. The indicators pick out
the heart of the trend and next month he's going to add code to
eliminate the possible whipsaw trades. Very interesting.
Given the discussion of Elliot waves, etc. you might find this chart
more accurate, easier to read and more profitable.
Roy's MSTT October Chart in the files section.
www.metastocktips.co.nz
This weekend,I also adapted Jose's relative strength comparator
software to the US markets. I rewrote it to work for ETFs. It
compares the strength of various ETFs to the whatever index I want to
use. Unlike the RS in MS, Jose's software tells you how much above
the index each a security is performing on a relative basis so you
can compare one security to another. It works pretty good. I have to
adapt the experts and the explorations, but that shouldn't take but a
few minutes. It's easy to do.
No, I'm not Roy or Jose.
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