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December TRADE NEWS
News Releases
& Products:
 Upgrade of technical analysis package offers more expert advisors
Trading system now available intraday
Program designed to trade the Dow Jones index futures contract
Add-in program for TradeStation calculates astrological data
Trading system for capturing trends plugs in to charting software
Add-in program to neural network software finds profitable models
Prices lowered on Internet quote service
Data mining software aids decision-making
NEWS RELEASES
or return to December Contents
Upgrade of technical analysis package offers more expert advisors
 UPGRADE -- EQUIS International has released MetaStock 6.5 technical analysis and charting software. The new version improves the expert advisor module introduced in MetaStock 6.0, adds new analysis tools, new line studies, improves formula capabilities, and adds more Internet integration.
The improved expert advisor module adds more multimedia features, such as videos of experts explaining their commentary; more experts; a commentary feature that lets the user view a report for any point in a chart; and new right-click menus, among other user-requested additions.
A long list of new analysis tools includes studies such as Chaikin money flow, the market facilitation index, options expiration, and many more. Four new line studies are the ODDS probability cones, standard deviation channel, standard error channel, and triangles.
MetaStock's formulary now supports custom variables, multiple plots and user inputs. A new formula organizer wizard allows you to import sets of custom or third-party indicators, system tests, explorations and experts. To keep your secrets safe, the organizer also lets you password-protect your underlying formulas.
Internet access from the program allows the user to summon news online, find options trades from a special Web page, or jump to an online version of Steve Achelis's book Technical Analysis from A to Z for quick lookup.
The price for new users is $349; upgrade prices vary.
EQUIS International
3950 South 700 East, Suite 100
Salt Lake City, UT 84107
Phone 800 882-3040, 801 265-8886
Fax 801 265-3999
Internet http://www.Equis.com
BACK
Trading system now available intraday
NEW -- Trading Techniques has released Advanced GET Real Time for Windows 95 or NT, which incorporates most of the same features that are found in its end-of-day product, Advanced GET 6.81. The real-time program provides Elliott wave analysis on time frames ranging from one minute to monthly.
The same tools found in the end-of-day version, such as line drawing, Gann angles, Fibonacci retracements and extensions, Fibonacci time and profit taking index, are also found in the real-time product. Other proprietary indicators include the make-or-break indicator, which uses swing momentum to project support/resistance levels for turning points or breakout levels, and the expert trend locator (XTL) indicator, which colors price bars to indicate a trend.
Convenience features include tiling and stacking of indicators, auto page rotation, auto regression trend channels and onscreen text. Versions are available for lease on various platforms: CQG, FutureSource, Bloomberg and TradeStation.
Trading Techniques Inc.
677 Turkeyfoot Lake Rd.
Akron, OH 44319
Phone 330 645-0077
Fax 330 645-1230
Internet http://www.tradingtech.com
BACK
Program designed to trade the Dow Jones index futures contract
NEW -- Computer Assisted Trading has released C.A.T.-Wall Street, a program for trading the new Dow Jones index futures contract, which now trades on the Chicago Board of Trade. The software offers models for both daytrading and position trading.
The software developer used Omega Research's TradeStation platform to backtest the program against the index with known parameters. Copies of the results are available.
Computer Assisted Trading
7840 Glades Rd., #165
Boca Raton, FL 33434
Phone 561 852-2230
Fax 561 852-8737
E-mail fxtrader@sprintmail.com
BACK
Add-in program for TradeStation calculates astrological data
NEW -- Vibration Research Institute offers AstroTrader, a C++ add-in for Omega Research's TradeStation and SuperCharts programs. The AstroTrader program calculates astrological data, then passes the data into TradeStation's Power Editor. This allows TradeStation users to program their own indicators and systems to incorporate the astrological data.
The manual for the add-in program is posted at AstroTrader's Web site and is updated continually. New astrological indicators developed by Vibration in Easy Language are also posted on the Web site once a week.
The AstroTrader program comes with a library of Easy Language indicators already programmed. This includes indicators to identify aspects in both longitude and declination, plot astrological trendlines, identify retrograde motion and more. Some Easy Language code from Vibration comes with the program. The software developer is committed to continue the development of new indicators.
AstroTrader costs $280. A 30-day trial version of AstroTrader is available for the cost of shipping.
Vibration Research Institute
PO Box 152672
Austin, TX 78715-2672
Phone 512 280-5112
E-mail vibri@flash.net
Internet http://www.flash.net/~vibri/
BACK
Trading system for capturing trends plugs in to charting software
NEW -- MX Capital has released TrendTrader, a trend trading system add-on for Omega Research's TradeStation 4.0 and SuperCharts 4.0.
The trading system uses the trader's charting software in conjunction with MX Capital's proprietary formula to scan securities data for signals, which are then filtered through special trading range and volatility filters to help the trader avoid trading in flat, choppy sideways markets or during periods of high volatility.
TrendTrader is a full-fledged trading system rather than just a set of indicators. The user can test historical data for profitability and can produce profit and statistical reports from within TradeStation or SuperCharts.
The introductory price is $567. A fully functional 30-day trial is available for $99. For a limited time, a bonus utility is included that calculates the average annual percent return, total percent return and length of time in market based on a beginning equity and margin percentage. The information is then printed to the TradeStation printlog. The utility can be added to any trading system.
MX Capital Trading
PO Box 20067, DHCC
New York, NY 10017
Phone 212 983-2775, Fax 212 983-2776
E-mail bam2@mxcapital.com
Internet http://www.mxcapital.com
BACK
Add-in program to neural network software finds profitable models
NEW -- BioComp Systems has released BioComp Profit, a companion tool to its NeuroGenetic Optimizer (NGO) neural network development system. BioComp Profit helps traders build profitable timing models for stocks, futures, commodities, bonds and other securities.
BioComp Profit configures to NGO to run neural network timing signals through a trading system to find profitable models. Profit includes open/high/low/close, neural signal and cumulative profitability charts as well as trading reports. Prices start at $495 for existing users of NGO version 2.5 and $695 with NGO.
BioComp Systems Inc.
4018 148th Ave. NE
Redmond, WA 98052
Phone 800 716-6770, 425-869-6770
Fax 425 869-6850
E-mail sales@biocompsystems.com
Internet http://www.BioCompSystems.com
BACK
Prices lowered on Internet quote service
FYI -- A-T Financial Information has introduced a new lower pricing structure for its Internet-based quote service, Minor Attitude, as well as discounted yearly pricing for all levels of its quote services.
Minor Attitude now costs $75 per month for unlimited dynamic real-time quotes, one-year historical charts, tickers, fundamental data and DDE links to Microsoft Excel applications. A prepaid yearly contract for Minor Attitude is now $595, which is about $50 a month.
A-T's Major Attitude service, which includes all the features of Minor Attitude plus 10 years of historical data, dynamic time of sale, tick charts, charting applications, technical studies and options analytics, now costs $1,995 for a yearly contract. The monthly cost is $225.
In other news, A-T Financial offers the Attitude Online Trading service, which is an electronic securities execution and real-time account access service for self-directed investors and active traders, developed and managed independently by Preferred Interactive Inc. The front end includes online order entry for stocks and options, real-time order status, trade history, direct phone access and E-mail customer service.
A-T Financial Information Inc.
One Liberty Plaza, 36th Floor
New York, NY 10006
Phone 212 608-3870, 888 REACH-AT
Internet http://www.atfi.com.
Preferred Interactive
220 Bush St., Suite 660
San Francisco, CA 94104-3508
Phone 415 391-9178, 888 889-9178
BACK
Data mining software aids decision-making
UPGRADE -- MathSoft has introduced S-Plus 4.0 for Windows, an analysis tool that provides data mining capabilities through statistics and data visualization.
The new version offers a revised graphical interface, close integration with Microsoft Excel and other spreadsheets, and compatibility with a variety of data sources.
S-Plus helps the user understand patterns and relationships in data to make better decisions. More than a statistical calculator or a query and reporting tool, S-Plus offers analytical methods and visualization techniques for analyzing and modeling data.
S-Plus 4.0 costs $1,495, with special pricing available for academic, nonprofit and government organizations.
MathSoft Inc.
101 Main St.
Cambridge, MA 02142-1521
Phone 617 577-1017
Fax 617 577-8829
Internet http://www.mathsoft.com
BACK
NEWS RELEASES
SEMINAR GIVEN BY NEW MARKET WIZARD
Victor Sperandeo and Warren Sulmasy will offer Legend Trading, a seminar that explains how to develop a comprehensive trading strategy. The seminar will focus on the practical aspects of how to profit from intraday stock price movement.
"Trader Vic" Victor Sperandeo has been a professional trader and money manager for 30 years. He has written several books and appears frequently on the CNBC television network. Warren Sulmasy worked under Sperandeo and several years later founded Harbor Securities, a Wall Street trading firm.
The two-day seminar permits an exchange with the instructor, allowing for participant questions. Charting examples are evaluate using a video display in an open forum discussion. Detailed material is provided to the participant for review, self-evaluation and continued study.
Legend Trading
111 Broadway, 2nd Fl.
New York, NY 10021
212 346-7053
www.1legend.com
SYSTEM EVALUATION SEMINAR
RINA Systems offers three-day seminars with personalized instruction covering six stages of creating and trading systems. The seminars are instructed by David Stendahl, a trader for 10 years and a contributor to STOCKS & COMMODITIES. A variety of systems are introduced to trade S&P futures, OEX options, and specialty index mutual funds. The systems include CCI spike, variable detrend, DZ %R, and extreme MACD. These fully disclosed systems are used to illustrate how to design, develop, evaluate and improve the performance of any trading system.
Participants will use RINA Systems' evaluation software, Performance Summary Plus Professional/Portfolio Evaluator, to evaluate system performance. Users may bring their own trading systems to be evaluated during the seminar.
The final session covers improving trading performance through evaluation techniques. Stendahl will instruct students to use statistical measures, specialty charts and money management strategies to build trading systems. Stendahl uses RINA Systems' Performance Technology and 3D Smart View, an optimization package, to assist in the redesign and improvement of trading systems.
Each seminar is limited to five participants. The cost is $2,400. Seminars are offered monthly and dates are flexible to meet attendees' needs. A tour of the seminars is available at RINA's Web site.
RINA Systems Inc.
513 772-7462
fax 513 771-7185
E-mail 73243.3614@compuserve.com
Internet http://www.rinasystems.com
TECHNICAL ANALYSIS SEMINARS
Kase and Company will offer a seminar on December 8-10 in Albuquerque, with a focus on derivatives trading. The class will deliver information to help novice derivatives traders make their way in this tough trading arena. Topics will include exchange-traded futures and options; over-the-counter instruments; how these instruments should be chosen, priced and executed; as well as related mathematics. Class is limited to 36 attendees.
Kase & Co.
1000 Eubank Blvd. NE, Suite C
Albuquerque, NM 87112
Phone 505 237-1600
Fax 505 237-1659
E-mail kaseandco@aol.com
NEW ONLINE STOCK SERVICE
Data Broadcasting Corporation has launched StockEdge Online, a real-time stock service delivered over the Internet starting at $79 a month. Subscribers have access to data and news using Windows-based software that provides charting, alerts and portfolio management over an Internet link.
The StockEdge Online software allows the user to set, track and value portfolios; receive price, volume and new alerts; build continuously updated intraday charts; and monitor trades.
Users download and subscribe to StockEdge over DBC's Web site.
Data Broadcasting Corp.
1900 South Norfolk St. PO Box 5979
San Mateo, CA 94402-0979
Phone 415 571-1800
Fax 415 571-8507
Internet http://www.dbc.com/stockedge
PROGRAM FOR TRADING S&P STOCKS
Mesa Software has released Profits, a technical analysis program for trading S&P 500 stocks. The free program can be downloaded over the Internet from www.mesaprofits.com. The download includes sample data for the DJIA 30 industrial stocks. Users can subscribe to a data package for $19.95 per month.
Mesa Software
PO Box 1801
Goleta, CA 93116
Phone 805 969-6478
Fax 805 969-1358
E-mail john@mesasoftware.com
Internet http://www.mesasoftware.com
SOFTWARE TO IDENTIFY GROWTH STOCKS
Scientia Systems introduced Investor 3.0, software for growth stock selection and market timing. The program is available for Windows 95/NT and is a 32-bit implementation. It is designed to search and analyze stocks quickly on the user's computer.
In Investor 3.0, modular software engines implement algorithms for stock selection and timing, referred to as Performance Dynamics Methods. The program combines these methods with technical and fundamental analysis, including CANSLIM analysis on stocks organized in industry groups. CANSLIM is a method to identify growth stocks, as published by Investors Business Daily.
The Investor 3.0 program and data are available on Investor Online at the company's Web site. Investor 3.0 costs $295. A monthly subscription to unlimited access to stock and market data is $29. The Investor Newsletter is also published at the site.
Scientia Systems
PO Box 97
Fairfax, VA 22030-0097
Phone 703 441-2489
E-mail info@exscientia.com
Internet http://www.exscientia.com
FINANCIAL ASTROLOGY MANUAL
The 1997-98 Forecast & Trading Manual is a minicourse from Norman Winski on using financial astrology to trade futures. The first section gives trading rules and how to look for trading opportunities. The second section reviews the major planetary cycles, what market they rule and why. The third section gives all the major key dates for 20 futures markets through September 1998. The fourth section is a traders' aspectarian, which gives all the planetary activity, indicates which markets those events will affect, gives a continuous trend indication, and allows you to cross reference by selecting a market to determine if and when something will happen through September 1998.
The fourth section gives a planetary trading technique for soybeans. The fifth section covers daytrading the S&P. The last section has historical charts so you can work through the examples given in the manual. The data in the manual covers January 1997 through September 1998.
The manual costs $150, with $10 more for overseas airmail. The price of the manual also includes free consultations. For a limited time the manual comes free with the purchase of Winski's Astro 101 Home Study Course.
Norman Winski & Associates
117 Colonade Circle
Naples, FL 33940-8714
Phone 941 261-7261 or toll-free 888 NWINSKI
Fax 941-261-2232
PACKAGE OF SYSTEMS FOR TIMING STOCKS AND BONDS
DynaComp has released a new stock and bond market timing tool for Windows called UltraStock. The UltraStock Market Advisor contains 32 market timing systems, which may be combined for better confirmation of market indications. The program comes with an 80-page manual and uses graphical presentations.
The program contains six timing systems for bonds and two for gold. All the systems are mechanical and formulas are fully disclosed. It comes with 55 years of historical data, including eight market indices, 12 NYSE breadth statistics, nine interest rates, short sales statistics, S&P 500 dividends/earnings, CPI, CRB, Barron's GMI, spot gold and the cash Swiss franc. The database is exportable for use in other analysis products.
The user can run all the systems at once on a historical date to see what the systems were indicating on that date. Or the user can test a single system's performance over a period. The systems can also be ranked over a historical period and inspected graphically.
The price is $249.95.
DynaComp Inc.
4560 East Lake Rd.
Livonia, NY 14487
Phone 716 346-9788
NEW WEB SITE
Stock Signals has launched a Web site that provides stock screening reports. Rather than analyzing companies or groups of stocks, Stock Signals analyzes US stocks (more than 9,000 stocks daily) for buy/watch/sell signals. The results are organized into 10 standard reports and are not weighted by factors such as industry sector or company size.
Additional resource links included on the site provide the way for the subscriber to perform fundamental research to complement the reports.
Stock Signals
http://www.stocksignals.com
Investment Research announced the release of Bernie Schaeffer's new book, The Option Advisor: Wealth-Building Techniques Using Equity and Index Options, published by John Wiley & Sons. Schaeffer was interviewed in the November 1997 issue of STOCKS & COMMODITIES and is editor of The Option Advisor newsletter.
For novice investors, Schaeffer introduces a chapter on options basics and explains how to use options as an inexpensive, leveraged vehicle. He covers practical issues such as how to select an options broker, how to establish an account and conservative approaches in options trading.
For experienced traders, Schaeffer discusses expectational analysis, contrarian psychology, market timing indicators and techniques, quick trades and other more aggressive options trading strategies.
A related Web site offers an interactive quiz.
Investment Research Institute, Inc.
1259 Kemper Meadow Dr., Suite 100
Cincinnati, OH 45240
Phone 513 589-3800, 800 327-8833
Fax 513 589-3810
E-mail IRI@aol.com
http://www.BernieSchaeffer.com
WEB SITE
Thomson Financial Services has launched a Web site for individual investors. The new Thomson Investors Network provides investment data and opinion and replaces Thomson's previous Internet service, which was called Thomson MarketEdge.
Data sources used for the Web site include CDA/Wiesenberger for mutual fund data, First Call for news and earnings estimates, Investnet for insider trading data, Spectrum for institutional holdings information and Investext for analyst abstracts.
Some key features of the new site include the Thomson TipSheet report, which covers analyst ratings, quotes, graphs, fundamental information, earnings estimates and news on more than 16,000 stocks and mutual funds; LiveTicker, which can stand alone on the desktop, for current market information; FlashMail, a customized E-mail-based alert system; and Thomson Reports, which provide integrated company and fund information from prominent data sources.
Membership is $9.95 a month or $89.95 for an annual subscription. The network also offers "pay-per-view" pricing for nonmembers on select reports priced from $1.50 to $2.50. A "day pass" to news and analysis is available for $2.00.
Thomson Investors Network
1355 Piccard Drive
Rockville, MD 20850
http://www.ThomsonInvest.net
WEB SITE
Concerto Technologies produces the BigCharts Web site, a free interactive financial charting page. Visitors have unlimited access to charts, reports, indicators and quotes on more than 22,700 US stocks, mutual funds and indices.
BigCharts
http://www.BigCharts.com
TRADER INTERVIEWS OVER WEB
The Investor's Galleria features RealAudio versions of the radio program "TradeTalk: Interviews with Top Traders." The interviews cover topics such as money management, technical analysis and trading psychology.
Featured guests have included trader Linda Bradford-Rasche; Tim Slater, president of Dow Jones Seminars; Van K. Tharp, trading psychologist; Jeff Cooper, author of Hit and Run Trading; and Ed Dobson, president of Traders Press.
TradeTalk
http://centrex.com/audio.html
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