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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?


To: marcos who wrote (251)2/4/2001 4:05:57 PM
From: Rise  Read Replies (1) | Respond to of 8273
 
...heh marcos.

You been watching my favourite too. V.VPR. It is starting to show signs of life. It even got a mention from stockhouse's PGE junior explorer update written by Craig Stanley.

The stock has been quiet for sometime but me thinks it is ready for a little run. Let's see what these guys have in them.

Are you following any PGE juniors. If so, which ones and why?

Long on VPR and very biased towards it.

Rise



To: marcos who wrote (251)2/5/2001 7:37:44 PM
From: LeonardSlye  Respond to of 8273
 
Marcos: Yeah, CMG for sure...it looks like they saw their shadow on ground hog day. I’m guessin’ they’re more than a little hungry and thirsty.

On the Metastock formulas thing, believe me, I’m no expert and no programmer, as Graham Greene says on the Red Green Show about his explosives, I’m more of an enthusiast...things can blow up in your face alright and ya feel like saying “Tell me about the rabbits again, George.” But, when you find something, it’s satisfying, as long as it fits with the rest of the DD.

No matter what the exploration (scan) whether it’s one of Metastock’s samples, an adoption and adaptation of someone else’s work or trying to devise a logical strategy and then write it out, it’ll always be too strong and give too many results.

But I find it gives ya a good place to start shortlisting by the indicators, fundamentals, news etc. But as a stand alone stock picker...nope. There’s no Holy Grail in it but I figure that it improves my odds or at least gives me more of a say in what I’m able to look for.

Essentially, if I can think of what I want a stock to be doing, there’s a pretty good chance I can figure out how to write an exploration to find some stocks to look at to see if anything else falls in line. But, yeah, the formulas can be a little overwhelming at first, and for quite a while, and yeah, even still. In their manual they say that if you can write spreadsheet formulas you’ll find it easy but I don’t and it has’t been. It’s just a matter of practice though...and going “oh, that’s how you find that” until the blanks start filling in. It’s just another program really.

Yeah, I see what you mean on the StockCharts ...or maybe I just think I understand the question. If it’s why is the MA(200) at 1.34 and the MA(40) at 1.22? ...hmmm it is a puzzler. I get 1.3615 for the 200 days and 1.217 for the 40 week one when I make them up in Metastock for CPT.V. It must have something to do with how the data for the week is compressed...but, yeah it sure is quite a difference between them. BTW, my weekly data has open, close, high, and low values.

I’m wondering if the days that a stock doesn’t trade may have something to do with it though, as you were saying with the holidays. Y’know, a week is a week no matter how many days it traded, whereas the 200 days could be over a longer period of time and therefore smoother? But, then from what I remember of CPT, it trades everyday...it’s a puzzler to me.

Just of further complicate things, I just put one together for 10 months (which I figure should be the same sort of thing, right? 40 weeks = 10 months) and got a figure of 117.1 so as we compress the data, it seems to get smaller...well you know what I mean LOL. Any statisticians out there?

Catch ya later,
Lenny