SMR (Security Market Research) Plotting Figures Glossary

SL     - Is the fast moving solid line oscillator at the bottom of our
         charts. Also known as Solid Line or Timing Line.

DL     - Is the slower moving dotted line oscillator at the bottom of
         our charts. Also known as Dotted Line or Direction Line. 

49 Day - Forty nine day moving average displayed on the charts 
         themselves as a dotted line.

Open   - Market opening price.

High   - Market intraday high price.

Low    - Market intraday low price.

Close  - Market final settlement price.

SLTURN - Displays the price that the market would have to reach in 
         order to change the direction, U(up) or D(down), of the SL.
         For example if the SLTURN is 77.00 D, the SL will turn down if
         the market closes at or below 77.00. If the SLTURN is 77.00 U,
         then the market would have to close at or above 77.00 to turn
         the SL up.

PTRN   - Market patterns are placed in this column, the patterns are 
         read from right to left. For example ID/OD/ID-NR7, today is 
         represented by ID-NR7, yesterday is OD, two days ago is also
         an ID.  

NR7    - Narrow Range Seven: Today has the
         narrowest range (high minus the low) of this markets last 
         seven days.

OD     - Outside Day: The high for a particular day is greater than the 
         high from the previous day and the low for that particular day 
         is less than the low for the previous day. Looking at a 
         bar chart you will see that the days range engulfs the prior 
         days range. 

ID     - Inside Day: The high for a particular day is lower than the 
         high from the previous day and the low for that particular day 
         is greater than the low for the previous day. Looking at a 
         bar chart you will see that the prior days range engulfs the 
         day being looked at.

B/S    - Displays the A & B type mechanical signals that are shown on 
         our charts. A more detailed explanation can be found in our 
         trading manual.

IFT    - Is Mr. Goslin's Intelligent Futures Trading point system.