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Maybe I will try to do that from time to time and give an explanation
why. My current short position is AMAT.
If you want me to give details on why let me know and I can post then
later.
Harley
Roland Beauregard wrote:
>
> Harvey:
>
> My thoughts, exactly. Makes a lot of sense, [pun, intended].
>
> If there is a short specialist in the group who would be willing to post
> short picks as jim does longs, it may be helpful to a few. I'd do it myself
> but I'm just beginning to look at the short side.
>
> Roland
>
> Roland
>
> At 08:47 PM 8/18/98 -0700, you wrote:
> >Jim/
> >
> >Does it have to be either/or? Since there are always some stocks moving
> >up and some moving down, have you considered having both longs and
> >shorts, perhaps in accordance with a running average of the
> >Advance/Decline ratio?
> >
> >Harvey Pearce, Victoria, B.C., Canada
> >=====================================
> >
> >
> >Jim Greening wrote ...
> >
> >[SNIP]...
> >> I've been thinking about a tweak that uses the short term up
> >> trend channel within the intermediate term channel more then I am now.
> >> As long as the short term channel is moving up from the bottom of the
> >> intermediate term channel to the top, I'd replace positions as they
> >> are stopped out. Near the top of the intermediate term channel, I'd
> >> slow down on the replacements to one per week. When the short term
> >> channel has turned and is plainly down in the upper half of the
> >> intermediate term channel, I'd build cash with no replacements. If
> >> the short term channel is still heading down, but is near the bottom
> >> of the intermediate term channel, I'd start adding new long positions
> >> at one per week. After the short term channel has clearly turned back
> >> up, I'd add faster and replace as stopped. I'd repeat this cycle as
> >> long as the intermediate term up trend channel holds. When it is
> >> broken to the downside, I'd reverse to a mirror image strategy with
> >> short positions.
> >> I been thinking seriously about this strategy and intend to
> >> implement it with the short term channel clearly turns up or breaks
> >> through the bottom of the intermediate term channel. Of course I'll
> >> continue my current strategy of never risking more then 2% of my
> >> portfolio on any position (usually much less) and always using mental
> >> stops.
> >>
> >> Jim
> >======================================================
> >
>
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