Forum Archive Index - January 2000

["Phyllis Taylor" <phyl@clear.net.nz>]

The difference in M/stock and M/share is two fold.

1.   Metastock costs approx $750.00  (don't quote me on this) and is
available in Auckland with a local stockist who is also able to provide the
data for same at a very reasonable rate either through Hyperterminal or
email.    Local and overseas data.   There are books for study and a Society
which has a monthly meeting (apart from the usual monthly STANZ mtg) for new
comers to Metastock.    M/stock is a charting programme for those who wish
to manage their own funds using Technical Analysis.    Some are devoted
Chartists and some take a base from Fundamentals and use T/A for timing and
volume signals.

2,   Metashare - once againI am not very sure of the costs - has been as
high $14,000.00 I heard.   This is really a system based on certain signals
given by a special input system on Metastock which is the charting software
used basically.    This allows investors to just look up the companies
selected by the "system".    There are agreat number of systems available
both in Auckland, Australia and if you look at "Stocks and Commodities"
Magazine the choices are considerable.

I use M/stock and have done for several years and like to feel that the
mistakes made are my own and may be corrected by steady discipline and some
careful study.   I have used other software as well but prefer M/stock but
that is not to say that the other software packages are not excellent.   (I
hope my double negative says what I mean it say that is that there are
several excellent  programs available.)   Supercharts,Ezycharts,AIQ and
Omnitrader not to mention Henley's and this just a few.   There are several
reliable sources of data also.

I have mentioned this before but in case someone has not yet witnessed my
Internet verbosity on a subject which I consider  to be an excellent
challenge for thoseof us for whom there is no longer a  workplace available
or those of us who are planning for that day and are looking at a second
source of income.

7.30 pm on the fourth Thursday of each month you will find around 100 eager
and cheerful , thirsty for knowledge, education and ideas Technical Analysts
at the McGhie Lecture Theatre, Auckland College of Education in Epsom.
Everyone welcome $5.00 cover charge for hall, equipment and supper.

I sincerely hope I am not contravening any policy for sharechat and apolgise
if I am.    This is not something which gives a profit  to any person or
organisation but has been helpful and kindly to many members.

Soirry I am so long winded.     Phyllis.


----- Original Message -----
From: hossack <hossack@xtra.co.nz>
To: <sharechat@sharechat.co.nz>
Sent: Saturday, January 22, 2000 10:17 PM
Subject: [sharechat] Metastock and Metashare


> Re Phyllis's comments on the difference between Metastock/Metashare and
> Henley Data.Could some one elaborate on Metastock/Metashare. What do
> they do.How does one use them.How much do they cost.
> I am using Henley Communication's data and I find it reasonably priced,
> easy to use[must be if I can use it], and it is a good charting tool.
> regards, Jock.
>
>
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