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Legend - Short Term Tables  
O-open/C C-close/O En-optimum entry Ex-optimum exit
  • 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.
     

  • 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.
     

  • 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.
     

  • 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.
     

  • En C - Gain based on a full 4-day cycle using an optimum entry, with an exit at the 4th day's close.

  • 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.

  • En Ex - Gain based on a full 4-day cycle using an optimum entry, with an optimum exit during the 4th day.

  • 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).
     
     

  • 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.