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Open/C -
The symbols first regular hours trade Monday morning (Tuesday
for long weekends). In most cases this is the value that
is used to represent a Dead Entry point. In some
situations however, the first days closing trade
may be used in place of the open. This will occur when
the MarketMeters Intra-day (ID) and Short Term (C4) gauges
are not in sync. In other words if, for example, the C4
gauge is indicating an upward trend, but the ID gauge is
negative for the day, then that days closing trade is used
as the Dead Entry point for the new 4-day cycle.
This is done to allow the market time to play out any negative
intra-day pressure on the targeted stock.
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Entry -
Optimum position entry based on morning valuations, established
between 9:30 and 11:00am on the first day (same operating
range as the MarketMeter
Timing Indicators). If, as in the example above, the
ID and C4 gauges are not in sync, then this value will
be extracted from the intra-day valuations of that day.
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Close/O -
The symbols last regular hours trade Thursday afternoon
(Friday for long weekends). Similar
to Open/C above, this is the value that is used
to represent a Dead Exit point. In some situations
however, the fourth days opening trade may be used
in place of the close. This will occur when the MarketMeters
Intra-day (ID) and Short Term (C4) gauges are not in sync.
In other words if, for example, the C4 gauge has indicated
an upward trend for the current cycle, but the ID gauge
on the fourth day is negative, then that days opening trade
is used as the Dead Exit from the current cycle.
This practice is consistent with the guidelines provided
for Investors using the Short Term tables. Specifically,
the Intra-Day (ID) gauge of the MarketMeter may be used
to determine whether a morning or afternoon exit may prove
most beneficial.
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Exit -
Optimum position exit based on intra-day valuations of
the final day of the cycle (usually Thursday, Friday for
long weekends). * Effective the week
of Dec 1 - 4 (2003) and after, the optimum exit displayed
will be based on intra-day valuations of the 2nd,
3rd and 4th days inclusive. Although
these exit points are theoretical, they will provide Investors
with an idea to the potential for these tables if one were
to track intra-day activity closely and effectively apply
stop-loss orders to protect any gain achieved.
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En
C - Gain based on a full 4-day cycle using
an optimum entry, with an exit at the 4th day's close.
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O
Ex - Gain based on a full 4-day cycle using
the Monday morning open as the entry, with an
optimum exit based on intra-day valuations during
the 4th day.
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En
Ex - Gain based on a full 4-day cycle using
an optimum entry, with an optimum exit
during the 4th day.
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O
C - Gain based on a full 4-day cycle using
the Monday morning open (or close, see Open/C above)
as the entry, with an exit at the 4th day's close
(or open, see Close/O above).
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s1
-8.0 - Indicates that the stop-loss for this
symbol has been activated. A stop-loss limit of 8% is
applied only if the close (Close/O)
column falls below this value on the fourth day in relation
to the first day's entry price (Open/C)
column, with a 0.4% allowance for slippage. A
trailing stop-loss is not used for the results tables
and the 2nd and 3rd day valuations are ignored.
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