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The
MarketMeter is an innovative graphical investment tool
which brings all the major components of market intelligence
into one easy to use package - and is one of the rare,
if not only, forward looking investment tools
available. Today's Internet offers online Investors with
an array of investment tools, and a few of them very
good, that deal with analyzing market issues that have
happened or are currently happening. To give Vector2000
Visitors1 and Members an added advantage,
and maybe the key advantage, the MarketMeter is offered.
A unique investment tool which answers every Investors
first question - which way will the market go today,
this week, and how to best take advantage of short term
market trends - all before the Market open.
The
MarketMeter consists of various indicators and gauges
designed around an intuitive graphical interface, structured
and displayed to serve as a central information window
with easy to understand access to critical market information.
Incorporating pre-market, intra-day and short term trend
gauges, long/short position timing indicators with indicators
for Vector
and Transitional momentum - possibly making it the
only investment tool you may ever need.
The
applet is downloaded to your computer at the start of
each trade day and, since it is completely web-based,
will not create any overhead or interference with your
existing system and programs.
The
MarketMeter can be used as a standalone tool to assist
Investors with their trade decisions, or in conjunction
with the Investment Tables provided on this site.
1 Visitors
to the Vector2000 website are granted free access to
a slightly delayed version of the MarketMeter.
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Investors
are strongly urged to keep in mind that certain major events
can adversely affect the performance of Equities Markets and
all data displayed within the MarketMeter and its Indicators.
These occurrences can be sudden and the market impact unpredictable
(i.e. sudden escalation of tension in troubled parts of the world,
unexpected move on interest rates by the Federal Reserve, etc.).
When such events do take place, Investors using information from
this website should proceed with an added degree of caution.
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| System Overview |
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The
Marketmeter combines the latest in Macromedia's Flash and
server side scripting technologies. Upon download the applet
will immediately establish communications with our Remote
Data Server, and once established will proceed to synchronize
data flow and display indicator values for the current day.
The indicator data is real-time and is made available beginning
at 9:00AM ET on regular market days, with preliminary values
displayed prior to 9:00AM. Between 9:00AM and 10:00AM ET
(PRO version only) when indicator values are most dynamic
and of most value to Investors, automatic updates are performed
once every 60sec. After 10:00AM ET the applet will continue
to track and reflect market activity, but automatic updates
may be less frequent as indicator values become less dynamic
(a manual refresh can be performed at any time). At 4PM the
MarketMeter will automatically go inactive; all values will
reset to zero, and will remain such until the start of the
next trade day (9:00AM ET).
There
are two status screens provided, the "System Screen" and "Message
Screen".
The System
Screen provides the user with a quick update on the
overall status of communications and data synchronization
between the MarketMeter on your screen and the Remote Data
Server (RDS). The most common messages are:
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Online -
MarketMeter and RDS have linked successfully, awaiting
start of information flow.
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Online
Active - MarketMeter and RDS have linked successfully,
information flow enabled (this display will read "Online
Delayed" if MarketMeterPRO is
accessed from the Portfolio section).
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Error -
Communications lost, corrupt data file, or data synchronization
error. (when this occurs users should check to ensure
that Internet communications are active on their computer,
if so the "refresh" or "Rc" buttons
may be used to try and clear the error. In most cases
user intervention is not required, the error will be
automatically cleared once communications are returned
to normal).
The Message
Screen is an extension of the System Screen,
and provides the user with more detailed information on
system status and error conditions. The Message Screen also
serves as a rollover help window, which when activated
will provide users with a quick description and function
of all items located in the MarketMeter on mouse rollover.
Immediately
below the System Screen is the System Date & Time.
This window displays the current system date and time, displayed
in Eastern Time. This can be especially useful for Investors
located outside the Eastern Time zone.
The
applet is also equipped with a set of 3 Indicator Lights,
which act as a graphical extension of the System Status Screen.
The Indicator Lights will identify the following situations:
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Green -
applet and RDS are linked, current information is displayed.
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Yellow -
applet is refreshing / re-synchronizing data, or gauge
and indicator calibration under way.
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Red -
System Error, refer to System Status or Message screens.
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| Intra-day
Indicator (Vc4 x 1d) |
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The
Intra-day gauge displays market momentum for the current
day. The trend is not sector or exchange specific, but rather
a general indicator of anticipated short term (intra-day)
trends for North American markets as a whole. It is best
used for day trading, where securities are purchased at the
beginning of the day, and liquidated towards the end. When
a security has been selected, the Timing
Indicators which are designed primarily to assist with
intra-day trades, can be used to maximize returns. The ID (Vc4x1d)
gauge is designed to display the anticipated trend and degree
of trend giving investors an indication of what they may
expect from the market that day and which positions on their
targeted securities (LONG or SHORT) may prove to be the most
profitable.
The ID Indicator
is a gauge of the North American stock market as a whole
and Investors should carefully select their stock picks.
Vector2000 provides stock
recommendations for day trading each regular market day
for both LONG and SHORT positions, /w current and complete results
summary.
Performance
Results for the Intra-day Indicator are made available
covering the past 6 months. |
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The
MarketMeter is a market forecasting tool - meaning all main Indicators
display momentum and anticipated trend from a session's OPEN through
to CLOSE, not close-to-close as with most market gauges1 (with
exception of the Pre-Market and After-Hours Indicators which
read and display actual trends during their respective time frame).
1 ID and C4 gauges
display the momentum and anticipated trend from the beginning to
the end of their cycles. For example, if the ID gauge
(Intra-day Indicator) were to read positive signaling an upward
trend for the day, but the general market ends the day down (below
its prior session close), there may be occasions where the MarketMeter
is still correct in signaling positive momentum for the current
cycle. This occurs when the market opens under heavy sell pressure
and achieves a drop of, for example, 3% right at open or shortly
thereafter. At the end of the day the market closes down 1% vs.
its prior close and is considered down for the day, however when
compared to its low OPEN, it is still up 2% intra-day. In this
case the trend for the day is UP as indicated by the ID gauge
and day traders using LONG positions under these circumstances
would probably realize better gains. The same would apply when
the market opens high ('jumps' at open), but the MarketMeter
is reading negative for the day (or week, depending on which
Indicator is used). |
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| Cyclical
4D Indicator (Vc4 x 4c) |
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The
Cyclical 4D (C4) gauge displays market momentum for
the current week (mon - fri). The indicated momentum is not
sector or exchange specific, but rather a general indicator
of anticipated short term (intra-week) trends for North American
markets as a whole. The Indicator is designed to anticipate
the market trend within a 3-4 day investment cycle, where
securities are purchased at the beginning of the week, and
liquidated towards the end. The C4 (Vc4x4c) gauge
is designed to display the anticipated trend and degree of
trend giving investors an indication of what they may expect
from the market that week and which positions on their targeted
securities (LONG or SHORT) may prove to be the most profitable.
The C4 Indicator
is a gauge of the North American stock market as a whole
and Investors should carefully select their trades. Vector2000
provides stock
recommendations for swing trading each week for both
LONG and SHORT positions, /w current and complete results
summary.
Performance
Results for the Cyclical 4day Indicator are made
available covering the past 6 months.
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| After
Hours Indicator (Vc4 x -1) |
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The
After Hours gauge displays market trends for the previous
trade day. As with the C4 and ID Indicators,
the displayed trend is not sector or exchange specific, but
rather a general indicator of movement for North American
markets as a whole. The intent of this indicator is to provide
investors with insight as to how the markets traded, and
most importantly, how they ended the prior trade session.
The value from this indicator is part of the internal formulas
incorporated into the MarketMeter and is used as a component
in calculating the Timing Indicators.
This indicator is of the most value to day traders. Once
again this indicator measures the market as a whole, and
investors must carefully select their securities for long
or short positions.
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| Pre-Market
Indicator (Vc4
x .1) |
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The
Pre-Market gauge displays market trends for securities traded
on ECN's in pre-open, or 'Island' trading, usually between
8:00am and 9:30am. This trend is not sector specific but
is, to some extent, exchange specific since NASDAQ listed
securities are the primary participants in pre-market and
after-hours trading. The intent of this indicator is to provide
investors with insight as to how the markets will open, and
is not in any way an indicator as to how the day will unfold.
The value from this indicator is part of the internal formulas
incorporated into the MarketMeter and is used as a component
in calculating the Timing Indicators.
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| Intra-day
Momentum Type |
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This
indicator is not used.
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| Timing
Indicators |
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Based
on data provided by the major trend indicators (Cyclical
4D, Intra Day, After Hours and Pre Market),
30min. time frames are calculated during which a position
should be taken by investors in an effort to achieve an optimum
return on investments. The indicators are based on performances
and tendencies of securities listed in our Investment Tables,
but have proven to work well with most securities commonly
traded on the main exchanges and can be used as a general
guideline. A displayed value of 10:15 would indicate an optimum
entry window between 10:00 and 10:30 AM for securities that
meet specific criteria, as listed below. There are 2 sets
of 3 indicators, 1 set for LONG positions (left side) and
1 set for SHORT positions (right side). In both sets, the
3 indicators are stacked and displayed such to indicate different
times that may apply for securities based on their current
opening trade versus their prior session close. The 3 positions
are;
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indicator
window above the horizontal line - securities opening
above2 their previous close
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indicator
window at the horizontal line - securities opening
at1 (or near) their previous close
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indicator
window below the horizontal line - securities opening
below2 their previous close
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opening refers
to the initial morning trade activity for a security,
which is best determined by following the first 10-15
minutes of regular hours trade. In some cases Investors
need not wait for the opening trade if a pre-market
value is available which may help determine a security's
opening trade.
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opening
above and opening below represent values
that significantly deviate from the security's prior
session close. The amount that would constitute significant is
subject to a security's intra-day volatility history
and amount of built-up market momentum in pre hours
trade. Usually a deviation of 3-5% between prior close and
current open would be considered significant.
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To
properly use the timing indicators, first an Investor must
determine whether he will be using LONG or SHORT positions
for the day, and the security(s) for the desired position(s)
should be selected. Once this is determined, the Investor
has to establish what the opening trade of the targeted security
will be, which in turn can be determined by following pre-market
activity or simply waiting for the opening bell and regular
hours trade to commence. The security's open then needs to
be compared to it's prior close. With this information the
Investor can now select the appropriate timing indicator
(window).
If,
for example, an Investor has good indication the upcoming
day will be positive for the market, and as such wishes to
use a LONG position on XYZ, and he sees XYZ opening below
it's prior close, he would use the timing indicator from
the LONG (left) side of the horizontal (timing) line, further
located below the horizontal (timing) line. With a similar
idea for SHORT positions, if XYZ is opening below its prior
close, the lower timing window from the right side of the
horizontal timing line would apply.
On
occasion arrows are used within the timing windows to indicate
unique opportunities or circumstances;
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a
blue arrow may appear to the left of the time value in
some indicator windows, signifying that, based on available
data, this would be the optimum position and timing for
securities that meet the trend and opening criteria,
respectively.
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a
red arrow would indicate a reversal to downward trend1 for
a particular security and scenario.
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a
green arrow would indicate a reversal to upward trend3.
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the
red and green arrows are used to indicate reversals
in trend. For example, a security may have such downward
pressure built up during its prior session (and pre-market)
and as a result opens substantially lower the following
morning, indicating that the security has, at open,
possibly hit a 'hard intra-day bottom'. As a result,
it may start to recover and move up during the current
session, therefore a LONG position would be desired
instead of the intended SHORT position. In this situation
a green arrow may be displayed within a Short Timing
Window. The opposite would hold true for securities
that jump high at open, a red arrow may be displayed
within a Long Timing Window, indicating that these
securities may trend downward due to their high open.
These arrows are used to help the Investor identify
securities whose intra-day trend, due to it's opening
valuation, may be in conflict with the markets anticipated
intra-day trend.
See Opening
Trade Deviation Limits for other important information. |
If
no value is displayed in the window, or zero is displayed,
this may mean that either this particular scenario does not
apply for today, or is not recommended.
All
Indicators are established and displayed before the market
open. The Investor need only determine the opening valuation
of a particular LONG or SHORT security to properly determine
the optimum course of action and timing.
Note:
Timing Indicators, and the MarketMeter as a whole, are not
recommended for use on securities with very recent (last
24hrs) and important news releases.
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