(C) CONTINUE (T) TRY AGAIN (Q) QUITFIND ERROR DEFINED IN TURBO BASIC REF.CHECK PRINTERCHECK DRIVE ERROR NUMBERE20105726149372513*HARD COPY Y/N*MODEL POINTSPEMARKET IN RANGE LAST MKT P/E ENTER THE LAST RECORD NUMBER YOU WANT GRAPHED RECORDS IN THE FILE. 72 CAN BE GRAPHEDTHERE ARE MIRMP.TXT SAVING DATA FILE BELOW THE MIDPOINT 40% OF THE TIME ABOVE THE MIDPOINT 60% OF THE TIME (INCLUDING ABOVE) ABOVE 80% OF RANGE 17% OF THE TIME (THIS INCLUDES TIME ABOVE 90%) ABOVE 90% OF RANGE 6% OF THE TIME TO BE IN VARIOUS SEGMENTS OF IT'S RANGE FOR THE TIMES THAT FOLLOW. FOR 23 YEARS, JANUARY 1970 TO DECEMBER 1992, THE MARKET WAS ESTIMATED 80% OF RANGE = CAP OF 50% INVESTED. ON POSITION OF MARKET IN ITS RANGE. 90% OF RANGE = 25% INVESTED. THE TOTAL MODEL POINTS PROGRAM PUTS A CAP ON PERCENT INVESTED BASED FROM 56% TO 79% OF RANGE 0 MODEL POINTS 10% 6 POINTS 26% 5 39% 4 51% 2 56% 1 TOP -3 POINTS 89% -2 79% -1 MODEL POINTS ARE ASSIGNED ACCORDING TO MARKET POSITION IN RANGE CURRENT MARKET LEVEL IS PLOTTED ON A LOG SCALE WITH THE RANGE LIMITS BOTTOM = 1/DECIMAL 20 YR. GOVT. BOND YLD. +.125 TOP = 1/(DECIMAL 20 YR GOVT BOND YLD +.37)*.128 THAT PASS THROUGH THE TWO HIGHS AND TWO LOWS SINCE 1950. TWO EMPIRICAL FORMULAS DEFINE THE TOP AND BOTTOM. THEY DEFINE LINES THAT IS DEFINED BY LONG TERM INTEREST RATES AND HISTORIC MARKET LEVELS. THIS INDICATOR MEASURES THE POSITION OF THE MARKET IN THE RANGE MOST STOCKS MOVE WITH THE MARKET. (THEY MAY RISE OR FALL LESS) THE OBJECTIVE IS TO BUY STOCKS WHEN LOW AND SELL WHEN HIGH MODEL POINTS ( Q ) TO QUIT TURN ON AND ADJUST PRINTER-ANY KEY TO CONTINUEMAKE A HARD COPY? (Y/N)MAKE A CHANGE? (Y/N)MODEL POINTS ANY KEY TO CONTINUE P/E YLD RANGE RANGE RANGE DATE MRKT BOND TOP BOTT % OF STOCK MARKET IN RANGE SET BY LONG TERM TREAS. YIELD ### \ \ \ \ \ \ \ \ \ \ ##### DATE ENTER L.T. GOV. BOND YLD % ENTER MARKET P/E ( Q ) TO QUIT THIS IS RECORD # THE FILE WILL HOLD 300 RECORDS INPUT NEW OR REVISED DATA ENTER THE LINE NUMBER FOR CHANGESAVE DATA? (Y/N)YOU HAVE NOT SAVED NEW DATACHgc(Q) QUIT MARKET IN RANGE[ FIRST MENU - MARKET IN RANGE ]tXMIRDATA.TXT MARKET IN RANGE H. L. BROWNE MELBOURNE FL 93.02.15ANY KEY TO CONTINUE (Q) TO QUITTHEN WAIT FOR SIX SECOND PAUSE WHEN GRAPH REAPPEARS, HOLD SHIFT - HIT PRINT SCREEN(GRAPH REQUIRES *FULL* SHEET)SET TOP EDGE OF PAPER AT TOP OF PRINT HEADnN*HARD COPY? (Y/N)* MOD PTS VALUE OF DOLLAR ###.# MOD PTS%CHG CPI ##.# M2 ##.#S/T IV/L GWEEK ###.#AT LEAST 32 RECORDS NEEDED TO PLOT M2 ON GRAPH ENTER THE LAST RECORD NUMBER TO BE PLOTTED ENTER THE NUMBER OF RECORDS TO BE PLOTTED RECORDS IN FILE THERE ARE (Q) QUIT GRAPHS[ SELECT A GRAPH ]###.## LATEST IS LAST OLD VALUES TURN ON AND ADJUST PRINTER - ANY KEY TO CONTINUE (Q) TO QUITP ENTER (Q) (D) (P) OR NEXT VALUE####.# OLD VALUES ( P ) TO PRINT INPUT ( Q ) TO QUIT ( D ) TO DELETE LAST ENTRY ENTER THE OLDEST VALUE FIRST THAT HAVE BEEN ADDED FROM THE PRIMARY PRICE INPUT MENU YOU MAY ADD HISTORICAL VALUES UP TO THE HIGHEST NUMBERZM2DOLLARCONSUMER PRICE INDEX(Q) QUIT UPDATE(M) MONEY SUPPLY(D) DOLLAR(C) CONSUMER PRICE INDEX[ SELECT FILE FOR REVIEW/UPDATE ] YOUR DATA HAS NOT BEEN SAVED - ANY KEY TO CONTINUE CHECK DISK dl_m2_mp.TXT#####.##doll_m2.TXT MAKE A CHANGE ? (Y/N) INPUT PRESENT VALUE CPI LAST VALUE CPI ###.# INPUT PRESENT VALUE M2 LAST VALUE M2 ####.#q INPUT PRESENT VALUE LAST VALUE DOLLAR ###.##( Q ) TO ABORT VALUE ENTRYENTER NEW VALUES FOR DOLLAR CPI AND M2yY SAVE DATA? (Y/N) YOU HAVE NOT SAVED NEW DATA ANY KEY TO CONTINUERATES ARE SHOWN ON THE MONEY SUPPLY GRAPH FOR REFERENCEVALUE LINE G INDEX IS SHOWN ON THE DOLLAR GRAPH AND SHORT TERM INTERESTGROWTH OF M2 IS MEASURED OVER 6 MONTHS THEN ANUALIZEDIF GROWTH IS LESS THAN 3% 2IF GROWTH IS MORE THAN 3% OVER THE C.P.I. 1IF GROWTH IS LESS THAN 1% OVER THE C.P.I. -1INTEREST RATES TO STIMULATE MONEY GROWTH AND THE ECONOMY.SLOW GROWTH IS POSITIVE BECAUSE THE F.R.B. WILL LOWER SHORT TERMSLOW GROWTH IS NEGATIVE BECAUSE IT WILL SLOW THE ECONOMY BUT VERYGROWTH ABOVE THE RATE OF THE GROWTH OF PRICES + G.N.P.IS POSITIVE.THE GROWTH OF M2 IS COMPARED WITH RISE OF CONSUMER PRICES.IF THE DOLLAR 5WK MOVING AV. IS ABOVE 2 WKS AND 4 WKS AGO 1IF THE DOLLAR 5WK MOVING AV. IS BELOW 2 WKS AND 4 WKS AGO -1CRITERIA FOR DOLLAR MODEL POINTS MODEL POINTSEXCHANGE GAINS OR LOSSESAND INVESTORS FIND FOREIGN MARKETS MORE PROFITABLE DUE TO CURRENCYBECAUSE INTEREST RATES ARE INCREASED TO SUPPORT THE DOLLARA TREND TOWARD LOWER VALUE OF THE DOLLAR IS NEGATIVETHIS PROGRAM TRACKS VALUE OF THE DOLLAR VS OTHER CURRENCIES.GATYPE FIRST LETTER OF ITEM NAME (Q) QUIT DOLLAR / MONEY (H) HELP AND PHILOSOPHY (S) SAVE CHANGES (G) GRAPHS (C) CHANGE AND PRINT DATA (A) ADD NEW DATA [ FIRST MENU - DOLLAR AND MONEY SUPPLY ]ANY KEY TO CONTINUE DATE OF THIS CHANGE DATE OF PREVIOUS CHANGE INT-FILE.TXTTRENDVLG.TXTdoll_m2.txtLOADING DATAVALUE OF DOLLAR AND MONEY SUPPLY H. L. BROWNE MELBOURNE FL 93.01.31 ANY KEY TO CONTINUE THAT MARKET IN RANGE DATA BE ENTERED MONTHLY. THE PROGRAM IS DESIGNED FOR WEEKLY INPUT OF DATA. EXCEPT IT IS RECOMMENDED ALL THE DATA CAN BE FOUND IN BARRONS AND VALUE LINE. THE OLD DATA FOR ANY INDICATOR WILL BE USED UNTIL NEW IS ENTERED. SIGNIFICANT CHANGE HAS OCCURRED. ALL OTHER DATA MUST BE COORDINATED. IT IS NOT NECESSARY TO ENTER DATA INTO MARKET IN RANGE UNLESS A ONLY THE LATEST ENTRY WILL BE FOUND BY TOTAL MODEL POINTS. YOU CANNOT ENTER MULTIPLE DATA FOR AN INDICATOR AT ONE TIME BECAUSE ENTER THE DATE FOR THE NEXT DATA AND COMPLETE THE CYCLE AGAIN. THEN TOTAL AND SAVE THE MODEL POINTS. THIS IS ONE CYCLE ENTER ALL THE INDICATOR DATA FOR THAT DATE. SAVE THE DATA TO EACH FILE THE OLDEST DATA MUST BE ENTERED FIRST. CHANGE THE DATE FROM TODAY'S DATE TO THE DATE FOR THE DATA. PROVISION HAS BEEN MADE FOR ENTERING DATA FOR VARIOUS DATES. HELP/INSTRUCTIONS ANY KEY TO CONTINUE COMPARING THE ACTION OF THE INDICATOR WITH THE ACTION OF THE MARKET. SEVERAL OF THE GRAPHS HAVE VALUE LINE G INDEX PLOTTED ON THEM. THIS ALLOWS MOVING THE BIAS TOWARD INTERMEDIATE TERM INVESTING. GIVE MORE WEIGHT TO SENTIMENT AND TREND AND LESS TO MARKET IN RANGE THUS BY AN INTERMEDIATE TO LONG TERM INVESTOR. A MORE AGRESSIVE INVESTOR MIGHT THE RECOMMENDED ACTIONS ARE PURPOSELY BIASED TOWARD CONSERATIVE INVESTING UNTIL THE TREND CHANGES AND THEN ACT QUICKLY TO MEET THE 25% TARGET. BE ADVANTAGEOUS TO FOLLOW THE TREND BY SELLING ONLY THE WEAK INVESTMENTS THE POINT WHERE % INVESTED WOULD BE REDUCED FROM 50% TO 25%, IT WOULD BY GOOD JUDGEMENT. FOR EXAMPLE IF THE MARKET IS TRENDING UP AND PASSES THE TOTAL MODEL POINTS AND INDICATED INVESTMENT ACTION MUST BE SUPPLEMENTED ANY KEY TO CONTINUE THAT CONFIRMS OR OVER RULES THE MODEL POINT TOTALS. THE CHARTS AND GRAPHS ASSOCIATED WITH EACH INDICATOR AND MAKE A JUDGEMENT ALWAYS REFLECT THE TRUE MEANING OF AN INDICATOR. IT IS NECESSARY TO REVIEW ARE COMBINED BY ASSIGNING MODEL POINTS TO EACH. THE NUMBERS DO NOT MONEY SUPPLY, POSITION OF THE MARKET IN ITS RANGE AND MARKET TREND INDICATORS BASED ON INTEREST RATES, VALUE OF THE DOLLAR, GROWTH OF THE MARKET. MARKET IS LOW AND FACTORS ARE IN PLACE THAT USUALLY PREDICT A STRONG ON THE OTHER HAND IT IS DESIGNED TO ENCOURAGE INVESTING WHEN THE WHICH USUALLY PREDICT A WEAK MARKET ARE IN PLACE. TIMING SUCH AS INVESTING AT MARKET HIGHS OR WHEN VARIOUS FACTORS THIS PROGRAM IS DESIGNED TO HELP AVOID SERIOUS MISTAKES IN MARKET OF THE STOCK MARKET !!!! NO KNOWN COMPUTER PROGRAM WILL ACURATELY PREDICT THE DIRECTION DISCLAIMER / DESCRIPTION DATE FOR THIS REVISION OR TYPE A COMPLETE NEW DATE HIT ENTER TO USE TODAY'S DATE SET THE NEW DATE FOR THIS REVISION TODAY PRESENT DATE FOR REVISION THE ENDQHTOTMODP1.TBCTDINTFILE.TBCITRENDVLG.TBCVSENTIMNT.TBCSMCTYPE FIRST LETTER OF FILE NAME (Q) QUIT INDICATOR PROGRAM(H) HELP AND DISCLAIMER (T) TOTAL MODEL POINTS (S) SENTIMENT (M) MARKET IN RANGE (I) INTEREST RATES (D) DOLLAR AND MONEY SUPPLY (V) VALUE LINE G TREND (C) CHANGE DATE FOR THIS REVISION [ FIRST MENU - STOCK MARKET INDICATORS ]DATE FOR THIS REVISION LSTMPTS.TXT H.L.BROWNE MELBOURNE FL. 93.02.15QREST.BINQSAVE.BINQATTR.BINQFILL.BINQPRINTC.BINQPRINT.BINNO WINDOW TO REMOVE