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Supervest
by By Ed Kerins, edkerins@netscape.ne - January 21, 2001 at 23:11:21:
Paul McLaughlin presented the results of another buy/sell program published in Stocks & Commodities magazine. This program is based on moving average buy and sell support points. The program, using a 35 minute bar chart, produced a $34.92 per share profit over a 24-trading-day period trading QQQ. When used with a daily bar chart over a two-year period, it produced a $ 54.00 per share profit. Paul said it was the best program he has experienced to date.Ed Kerins reported on the market forecasts made at the December West Coast Cycles group meeting.
The group discussed the proposal to be made at the CAI SIG meeting to merge the two SIG groups. The consensus was the classroom setting was more conducive for member interaction than the Irvine Hall auditorium seating.
Next Month—Bret Polopolus will report on a stock trade. Phil Brady will report on the results of placing a put order instead of a stop order. Bill Allen will report on the problems encountered with distributing the IRA assets of an estate.
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