"jk" <*axy*@[EMAIL PROTECTED]
(remove the asterisks)> wrote in message news:...
> Yes, those are the "simple" straightforward MA's.
>
> Now, suppose the following.
> In a pension scheme they have a rule for increasing allowances of
retirees by
> either the indices of prices on the one hand or the indices of wages on
the
> other. It is further stipulated that the highest of either at any moment
(1st
> of
> January, or in practice every 1st October of each year in order to be
able to
> have it effected in January) is applied, one an another in any 10-yearly
> period
> as from each individual retiree's maturity date in the scheme.
> Here, it's really flourishing-time for APL, because of the geometric
MA's.
>
> (Since e.g. every quarter of a year participants may get retired, you
need to
> keep track of two times four different indices per year. Plus you have
to take
> in account the numerous temporary provisions to avoid hardness caused by
> changing the rules.
> Why do they make the rules so complicated? Pensionfund Boards don't care
about
> complexity, they only assess and decide what they think is justice for
the
> participants - and it can even be more complicated,. The actuary & the
> (APL-)programmer do the "work" after).
>
in other words: the actuary is cleaning the legal sophistry mess and the
(APL-)programmer is cleaning that of the actuary. Then it's been dropped
on a
desk nothing can be pushed off.
>
> "aleph0" <apl68000@[EMAIL PROTECTED]
> wrote in message
>
news:321895fa-364e-4eff-8769-1bb1f360f1a2@[EMAIL PROTECTED]
>> Thanks for the links .. very interesting, and complex !
>> I found a good source at Wikipedia (of course) as well as StockCharts.
>>
>> e.g.
>> MACD
>>
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_average_conve
>>
>> EMA
>>
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:moving_averages
>>
>>
>> I obviously know how the calculate EMAs, WMAs etc. etc. , but just
>> want to ensure that the definitions I will use will be the same as
>> those used widely by the financial community !
>>
>> Thx all the same !
>
>
>
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