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Re: Week in Review - shorts on AMAT & NWAC


  • To: metastock@xxxxxxxxxxxxx
  • Subject: Re: Week in Review - shorts on AMAT & NWAC
  • From: Harley Meyer <meyer@xxxxxxxxxxx>
  • Date: Sun, 13 Sep 1998 18:21:22 -0400 (EDT)
  • In-reply-to: <35FC1CE2.E6A48302@xxxxxxxxxxx>

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>  It would appear to me that the
> question is where would you re-enter the trade.

Al,And here in lies some of the emotional angst. Knowing to some degree
there will be a time to re-enter but having a possible draw down gives less
cash to trade with when it does occur.Today I don't know when to go back in
but when the time happens I know. I can say that it will be around 27 1/2
(next level of resistance)  but the broader market has influence on that as
well. So it becomes more subjective at the time of the trade.

Harley