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<DIV><FONT color=#000000 size=2>Hi All,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Confusion reigns!</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>After the big night on the Dow, all the
Australian market could do was make a marginal new high (as at midday). Seems as
though the party is over folks.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>Regards,</FONT></DIV>
<DIV><FONT color=#000000 size=2>Dick.</FONT></DIV>
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</x-html>From ???@??? Tue Sep 08 21:02:10 1998
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From: "Richard Estes" <rtestes@xxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: AMAT & NWAC
Date: Tue, 8 Sep 1998 21:39:40 -0500
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that means you become an investor and give back your profits and more. It
happens often, when we don't want to admit we are wrong. That fear looses
more than a cocky gambler.
Richard Estes
-----Original Message-----
From: Hans T. Hingst <hhingst@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Tuesday, September 08, 1998 8:17 PM
Subject: Re: AMAT & NWAC
>Harley, what do you mean by "then I position trade them?"
>
>Hans
>
>-----Original Message-----
>From: Harley Meyer <meyer@xxxxxxxxxxx>
>To: Metastock list <metastock-list@xxxxxxxxxxxxx>
>Cc: Alan Kwong <alankwong@xxxxxxxx>
>Date: Tuesday, September 08, 1998 10:51 AM
>Subject: AMAT & NWAC
>
>
>>I took up a position in AMAT at 25 9/16 short 100 shares and I added 100
>>shares @ 27 to my short position in NWAC. For a total of 200 shares
>>short in NWAC and 100 in AMAT. I was up about $200 anyway from the first
>>NWAC position.
>>
>>Why? Well the market has brought both stocks up and since the market was
>>up over 300 pts. this morning it has only one place to go for part of
>>the day. Down. If both go against me then I position trade them. Also
>>the strike at NWAC has canceled more flights.
>>
>>All the other fundamental reasons still have not changed.
>>
>>On a side note market breadth this morning was very impressive. Over 50
>>to 1 up to down volume on the NASDAQ and over 20 to 1 on the NYSE.
>>However declining issues on the NYSE are beginning to climb.
>>
>>Just waiting for the DJIA to break below 200. Hopefully it will cause
>>more selling.
>>
>>
>>Harley
>>
>
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