Letters To S&C  |  JUN 2000

Letters To S&C

LETTERS TO S&C The editors of S&C invite readers to submit their opinions and information on subjects relating to technical analysis and this magazine. This column is our means of communication with our readers. Is there something you would like to know more (or less)about? Tell us about it. Without a source of new ideas and subjects coming from our readers, this magazine would not exist. Address your correspondence to: Editor, STOCKS &COMMODITIES, 4757 California Ave. SW, Seattle, WA 98116-4499, or E-mail to editor@traders.com. Letter-writers must include their full name and address for verification. Letters may be edited for length or clarity. The opinions expressed in this column do not necessarily represent those of the magazine.Ñ Editor FIDELITY SELECT FUNDS Editor, Last year, I was looking around for a mutual fund trading system, being unhappy with the results I was receiving. At that time, you featured an article by Jay Kaeppel on determining the (internal) relative strength of various Fidelity indices (ÒA System For Trading Fidelity Select Funds,Ó STOCKS & COMMODITIES, July 1999). The article intrigued me and, after corresponding with Kaeppel via E-mail, I wrote and tested a program using TechniFilter Plus over all the mutual funds I watch (approximately 700) and was amazed at the results. So much so that I took $10,000 and actually bought $1,000 of each fund the program suggested. By November 1999, the results of that investment persuaded me to recommend the system to various clients, who are today, after two and a half short months, extremely happy with the system. Admittedly, I did alter KaeppelÕs original suggestion slightly based on my testing and optimization, but I feel that I must still publicly thank Kaeppel and S&C for coming to my rescue with a solution to a problem that I was struggling to solve. On another matter, I have found a number of programs I use were not Y2K compliant, and the suppliers are charging for a Y2K update. Other companies, on the other hand, sent updates by post at no charge. It would be a good lesson to know which programs were Y2K compliant, because then we would know which programs would be Windows 2000 friendly. JACK SINGER, via E-mail Vancouver, BC

by Technical Analysis, Inc.