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Strategies & Market Trends : Point and Figure Charting -- Ignore unavailable to you. Want to Upgrade?

To: wizzards wine who wrote (2412)	4/20/1998 11:39:00 AM
From: The Perfect Hedge	Read Replies (1) \| Respond to of 34812

Preston- OH BABY!!!!!PFE!!!!!!!! GD

To: wizzards wine who wrote (2412)	4/23/1998 3:06:00 AM
From: Smooth Drive	Read Replies (1) \| Respond to of 34812

Hi Preston, I thought you might enjoy the stochastics thread. I've been experimenting a little with different settings at the free site. If you want to follow Wayne's posts and be somewhat close to his charts, go to cbs.marketwatch.com and set the simple moving average at 3; bollinger bands at 12; and stochastics at 5. You won't have bollinger bands on bollinger band width but it's close. You also might want to try this: In order to somewhat approximate the DWA weekly momentum, set the exponential moving average at 5, and the bollinger bands at 25 (leave the stochastic at 5). As you know, the middle line in the bollinger band is a moving average. Although it's not exponential, it does get one close to the DWA weekly momentum data, which are 1 and 5 week exponential moving averages that are smoothed, kicked and coddled. You'll notice some of the trends/weeks are right on the money and some are skewed because of the nature of DWA's proprietary system. These indicators let you see good trend lines, volatility and stochastic short term buy/sell signals. As I get up to speed, this could be just what I was looking for. Good Investing, Eric

To: wizzards wine who wrote (2412)	4/25/1998 5:55:00 PM
From: Smooth Drive	Respond to of 34812

Hi Preston, Per our previous discussions relative to using other TA indicators with P&F, I've stumbled on an oddity I'd like you to review if you get a chance. As a green horn with TA indicators other than P&F, I'm playing with some of those other indicators that seem like they would work well with P&F. And, currently I'm messing around with MCAD. Quick definitions are at equis.com and equis.com The MCAD appears very close to meeting the definition of the DWA weekly momentum signals. (One week and five-week exponential moving averages.) I acknowledge that I don't know what smoothing programs the code pounders at DWA have installed, but a moving average is a moving average. So, going to the CBS free site at cbs.marketwatch.com and setting the MCAD (which is also exponential) fast at 5 days, the slow at 25 days, and leaving the signal at 1 (in order to get just one line) you get one signal. If the signal is above the 0 horizontal line it's positive (the five day EMA is above the 25 day EMA). If below the 0 line, it's negative. You can also count the weeks. Quandary: The inconsistency I'm getting at the CBS site versus the DWA weekly momentum signals. For instance, if you've got the Dow stocks on the DWA portfolio and check their weekly momentum signals against the CBS charts, you get some right on the money, some with different time periods, some in different trends (+ or -) etc. etc. And, when I check my other portfolios (small and medium caps) the deviations seem even more pronounced. Why the deviations? The CBS site is flawed? The DWA program has a hick-up? Check it out if you can. If the "pay for" system your using has MCAD, you might try it there. Any thoughts on this? Anyone else? Good Investing, Eric