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To: Julius Wong who wrote (4320)3/23/2002 11:19:14 AM
From: Chris  Respond to of 4916
 
thanks. keep us updated!



To: Julius Wong who wrote (4320)3/24/2002 8:30:31 AM
From: Julius Wong  Respond to of 4916
 
I was an avionics engineer at one time. I use filters in the design of instruments. Now when I construct models to measure market strengths, I also put in filters. Old habits.

There are two filters in my Market Timing Model, a light filter and a heavy filter. The heavy filter removes changes less than 1.0. The light filter removes changes less than 0.5.

Which filter to use depends on the VIX (usually). When the VIX is low the heavy filter is employed. When the VIX is high the light filter is on. And I can change the filter.