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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: - who wrote (2704)	8/13/1999 7:31:00 AM
From: ynot	Read Replies (1) \| Respond to of 18137

PAT, MetaStock is sitting on my desk, just received it and hope to crack it open in the next week or so, ideally on weekend. I bought it after looking around for about 6 months WHY? plenty of user groups, publications with formulas, SI support threads company has been around but the main reason CANDLESTICKS and VOLUME indicators, it has them :) and i can build or have programmed other indicators, if necessary looking to find a dataprovider to give me daily tick information to compliment either QuotesPlus or Reuters for MetaStock my intention is to track ticks 1 5 10 60 minutes, on bid and ask as an indicator of volume/buyer+seller patterns the key for me is NOT going out on bleeding edge too much stress, very distracting, imho ynot ;)

To: - who wrote (2704)	8/13/1999 8:16:00 AM
From: JB2	Respond to of 18137

Steve, Gary Smith used to use a partner who was a computer whiz, "Wesson", and he set up a bunch of parameters for backtesting trade results. You might want to check the TSCM archives to see if specifics were ever detailed... Speaking of TSCM, I think it is a shame that an unprofitable and overrated enterprise like thestreet.com garners multimillions of ipo money from the street, while a proven winner like Houtkin's biz is getting cold shoulders all around. I personally admire Houtkin for his achievements and for what he has done in the last decade to help make access to the financial system more democratic, than it has been at any other time this century. He is not getting the just rewards he deserves, but anti-establishment heroes never do. Unfortunately social climbers like Cramer are feted w/ a lion's share of spoils, just for kowtowing to the same institutions Houtkin thumbs his nose at.