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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: gonzongo who wrote (7521)1/4/1998 3:08:00 PM
From: freelyhovering  Read Replies (1) | Respond to of 12039
 
Andy--{just one opinion.} But a weighty one. Thanks, Myron



To: gonzongo who wrote (7521)1/4/1998 3:57:00 PM
From: Jack Landis  Read Replies (2) | Respond to of 12039
 
Myron....Just for the record, I use 89.21. And I find I get better results by weighting the 5 stocs rather than using a single line like 55.21

The weights I use are:(Weights by length of period)
89.21*.43
55.13*.26
34.8 *.16
21.5 *.10
8.3 *.05

Rules are: Buy on Wtd Stoc move up (if above 12),Sell on move down (if below 88). To short do reverse.

A simple approach but effective!

Jack Landis