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Strategies & Market Trends : TA-Quotes Plus -- Ignore unavailable to you. Want to Upgrade?

To: Richard Estes who wrote (7800)	11/15/1998 2:04:00 PM
From: Debra Orlow	Read Replies (1) \| Respond to of 11149

Richard, thanks for your thoughts. Let me tell you a little more about my "system". I do use end-of-day data to trigger buy/sell signals based on certain indicators. But I will ONLY enter a trade if I can get a certain price in the next 2 days. That price may or may not be realistic based on the trigger day's close. But to arbitrarily say that I will buy/sell on the next day's open is not even close to reality for me. And to even begin to think that I might get the high/low the next day means absolutely nothing to a system that you don't even know the high or the low until the end of that day. This is where it gets pretty bizarre. But you already alluded to that fact. Anyway, I understand your thoughts on how to use these tests for system comparables. But it really does me no good to say that I would enter/exit a trade, regardless of which system I am using, if my point of entry/exit would never have been hit in the first place. And this is where I think these tests are HORRIBLY lacking. I cannot compare systems where the point of entry might be an integral part of one of those specific systems. What I have been tediously doing is using the "Expert Advisor" platform in MS to at least give me trigger days, then seeing if my pre-established point would have been hit in reality, and then tabulating the results in a follow-thru fashion. I cannot possibly get the statistical numbers that I would like in a computer-generated result form due to the time involved, and it drives me nuts to think that I cannot set it up in such a way that I could get what I want. I just need to know that that's all that is available to me. But that's life. Again, thanks for the thoughts. Please add if you can, your responses are greatly appreciated. Debra

To: Richard Estes who wrote (7800)	11/16/1998 11:47:00 AM
From: Debra Orlow	Read Replies (2) \| Respond to of 11149

May be a very basic question, but you guys are soooooo knowledgeable..... Say that I am short a stock position. Dividend date is Nov 16th, ex-dividend Nov 17th. Dividend is in form of a distribution of shares in a new baby company at a rate of 1/10th of a share for each parent company share. On which date is the short position liable for that distribution? If I am currently short 1000 shares, will I now be short 900/100 in two different companies? Is there a time frame that I must be short in order to be liable? Am I asking too many questions? Thanks, anyone......