Re: weekly chart

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In Reply to: Re: weekly chart posted by Robert Stinnett on March 04, 2005 at 12:38:16:

: : : Hi Mark
: : : Any plans to add weekly and/or monthly charts, for the longer term investors?
: : : Thanks
: : : Bob

: :
: : Hi Bob,

: : I didn't really have plans for this... Even though FM graphs are plotted at a daily resolution, you can still set the date range for any time period you want. Is there some other benefit to plotting only on a weekly/monthly resolution?

: : Thanks,
: : Mark
: : --
: : Mark Beiley
: : Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003
: :

: Hi Mark
: I believe that weekly charts can be used to determine what the longer term trend is, upon which you can look at the daily or Min. charts to pick the best time to buy/sell or go short, eg. the shourt term trend can be up, but the long term trend may be down.

: Thanks
: Bob

Hi Bob,

Okay, thank you for the idea. I guess if you plotted only weekly/monthly that might remove some of the "noise" in a daily graph. The other option we do currently have is to plot moving averages. You can plot the 1 and 4 week moving averages, and this may provide you with the graphs you want.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

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