PIVOT POINT CALCULATIONS

["charles meyer" <chmeyer@xxxxxxxx>]

	Dear Msrs. Mackro/Meyer/Karl & Chekovin:














	Thank you for your response.  I apologize for not giving you the complete
information on this one posting but I have a learning curve logistics
problem and
some of the formulas are complicated.  So, please accept this information
for now
and give me some more time to get the rest organized. 

Tom DeMark:    Three Formulas:


If the close today is less than the open today:  
(High today + Low today  + Close today + Low today/2 =  X
Tomorrow's High = X - Today's low.
Tomorrow's Low  = X - Today's high.


If the close today is greater than the open today:
(High today + Low today + Close today + High today/2 =  X
Tomorrow's High = x - Today's low
Tomorrow's Low  = X - Today's high.


If the close today is equal to the open today:
(High today + Low today + Close today + Close today/2 = X
Tomorrow's High = X - Today's low
Tomorrow's Low = X  - Today's high.



Larry Williams:  

Unfortunately, I am unable to locate the formula that appeared in, I
believe, "The Secrets Of Selecting Stocks....etc".
For some reason, I have misplaced this info but I will keep looking.


Joe Ross:

As stated earlier, he uses three (3) formulas.  The easiest one to relay
now is figuring tomorrow's typical price in
congestion:  

(Open + High + Low +2(Close)/5 =  X
Tomorrow's high =  2X - Low
Tomorrow's low  =  2X - High.       Please give me more time on the other
two formulas.


George Angell:

This is tough.  I should have perhaps been more thougtful about this
project because there are so many calculations
he mentions in his LSS system written in "Winning in the Futures Market". 
He does not call them pivots per se but
buying and selling envelopes.  As mentioned, the formulas are lengthy.  The
Low + three different formulas are used to
calculate the buying envelope and the High + three different formulas are
used to calculate the selling envelop.  Perhaps
it would have been easier and more relevent to ask if anyone  makes money
trading the LSS system?  If it does not
test out, or whatever, then the formulas may be unimportant.  Again, more
time please.


John Stenberg:

(High + Low + 2 (Close) divided by 4  =   Pivot   

Tomorrow's high:  Low - P = X + P
Tomorrow's low:   High - P = X - P.


I apologize for the complexity and confusion that my posting may have
cause.  What is now missing in what I started 
is the exact Larry Williams formula, Joe Ross' formulas for figuring
tomorrow's typical price in an uptrend and downtrend,
and the six different formulas George Angell uses (including the Low and
High) to calculate what he calls his buying
and selling envelopes.  

Thanks.
Sincerely,
Charles Meyer