To: Dale Baker who wrote (90 ) 2/28/1999 2:33:00 PM From: James F. Hopkins Read Replies (1) | Respond to of 2103
Hi Dale; Thanx, now my understanding of the Q is it will be just like any of the AMEX spiders but will track on the NDX , at 1/20th. Like right now if trading it would be about bid 96 1/4 ask 96-5/16. I have a feeling I will be looking more at the UOPIX & USPIX , the leverage they use catches my eye. ------------ I'm not sure if waterhouse will let me sort those funds, but darn if it looks like reversing, and shorting the UOPIX, on down turns, while shorting the USIPX on up turns has a small edge. ------------------------ LastShadow passed this on to me. The DRTB Stock Market Timing System DRTB is a simple weekly system. It only requires one computation over the weekend. All mutual fund trades are then performed before the market close on Monday. DRTB uses two pieces of data, the 90-day Treasury Bill yield (TB) and the Federal Reserve Discount Rate (DR). Formulae D = DR - TB S = 9 week exponential smoothing of D which is computed with the following formula. S = S(L) + 0.2 * (D - S(L)); Where: S(L) = S(Last week's value). * = Multiplication. Buy Signal Buy when S > 0; Sell Signal Sell when S < 0; ---------------------------------------- That looks OK to me as a longer term BUY/SELL signal. If The head/tail; MACD , and the DRBT are all flaging the same way this should be a cake walk. Each of them are simple enough in their own way. I don't have the data for that DRBT and may con someone else into tracking it. --------------------- The NDX changed the way it was weighted not to long back, so that's why Big charts don't have it going back very far. THE IXO is the old NDX before they adjusted the weights downward on the top 5 i think it was, which increased the weights below them. As before the top 5 made up something close to 60% of the index. I think you can still get data on it using the $IXO symbol, but I don't think that would be very valid now towards backtesting in respect to the new adjusted NDX, which is what I will be trading. ---------------- Jim