Explanation of the messages in the System Message log.

Incomplete or missing data for ABCD: This message indicates a ticker that is no longer Trading. The Trading on the symbol could be halted, it could have been delisted, or it could have had a merger.

ABCD 04/14/99: 25% variance from prior values: These may be genuine 25% up or down move in the specified ticker, or an error (spike) in the data. Tickers Trading below $2 may receive these types of variances every day. Look at the chart of these tickers to determine any action required.

11/11/98 08:24:40 Group HOUSE2 is empty and was deactivated: AIQ group and sectors are calculated based on tickers in your Master List. If you do not have any stocks in a given group, the system deactivates the group.

11/12/98 06:25:05 WFC has volatility range error. Check data for accuracy: AIQ performs a volatility check on all your tickers when reports are run, and determines any symbols outside the normalized range. This may indicate a potential spike in data, check the chart, it may be genuine extreme volatility.

NOB: service did not recognize symbol: This message usually means the symbol has changed. You can use myTrack’s Historical news function to find the new symbol.

Dial/Data: Request limit exceeded: You have exceeded the 15,000 ticker request limit in one download. The system will process the initial request and log back into Dial/Data to continue the download. To clear up the problem go to Data Manager, click on utilities, delete non-Trading stocks.

APSO 10/15/98: no volume: The ticker reported less than 500 shares traded in the day. Tickers that do not have much volume do not give accurate ER’s. You may want to use the Advanced ticker delete function in Data Manager to delete low volume stocks. To do this, go to Data Manager, click on ticker, delete, choose advanced, click through to the price and volume screening page and enter a number for the volume.

Access Plot – Calculation and Interpretation.

The way the Access plot is calculated is as follows: The database is defined by using the Master Ticker List (All the stocks in the data base) or any list structure including group sector list structures. This is set in the global parameter of reports. For each stock, all indicators as listed, are calculated and then summarized as the percentage of stocks with increasing values for these indicators. The arrows are a graphical representation of that summary.

Market Log – Explanation and Interpretation.

It is not unusual at all to have the Market Log Access plot disagree with the market section, or the group rotation. In fact, that’s more common than not. The Market log is set up to give a complete look into all areas that WinWay has found that give market insight. The Access log looks at all the stocks in your system and determines for each indicator, positive or negative. The arrows correspond to the percentage of all the stock that are positive or negative. Since breadth usually leads the market, this is considered a early warning or anticipatory indication of what might come. The market plot section simply looks at the current conditions of the DJIA market indicators. This generally is slightly early to slightly lagging current market conditions. The Sector rotation is built on Trend Score, which by nature tries to determine strength of trend and therefore is more of a lagging, or confirming indication.

The proper way of using the Market log is a combination view of: 1. Getting an early indication that the current market direction may change with a shift in the Access plot. 2. Then within a few days the market plot shows a change. 3. Full confirmation with Sector rotation. Also in the Market log are the U.S. , WAL and GS, and DTS. US and WAL tend to be a 1,2 early warning, (Values of 75 or greater) and day to day changes in TS and DTS also provide a good indication to internal changes.

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