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Re: Weekly Pick



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<DIV><FONT color=#000000 size=2>Bill,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>&nbsp;&nbsp;&nbsp;&nbsp; If 
I ever stumble on to the secret I'll yell &lt;G&gt;.&nbsp; </FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Jim</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Bill G Bolumen &lt;<A 
    href="mailto:BOLUMENB@xxxxxxxxxxx";>BOLUMENB@xxxxxxxxxxx</A>&gt;<BR><B>To: 
    </B>metastock@xxxxxxxxxxxxx 
    &lt;<A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Sunday, September 13, 1998 4:55 PM<BR><B>Subject: </B>Re: Weekly 
    Pick<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000 size=2>Jim,</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT><FONT size=2>I have to agree. I also 
    tried Candlesticks for about 6 months with both Telescan and Metastock and 
    was unsuccessful generating any reliable signals although some people swear 
    by it, I have yet to see it demonstrated consistently.&nbsp; Even as an 
    additional indicator, I completely stopped looking at it.</FONT></DIV>
    <DIV><FONT size=2>Good luck this week.</FONT></DIV>
    <DIV><FONT size=2>Bill</FONT></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
        <DIV><FONT face=Arial size=2><B>-----Original 
        Message-----</B><BR><B>From: </B>Jim Greening &lt;<A 
        href="mailto:JimGinVA@xxxxxxxxxxxxx";>JimGinVA@xxxxxxxxxxxxx</A>&gt;<BR><B>To: 
        </B>metastock@xxxxxxxxxxxxx 
        &lt;<A 
        href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
        </B>Sunday, September 13, 1998 3:39 PM<BR><B>Subject: </B>Re: Weekly 
        Pick<BR><BR></DIV></FONT>
        <DIV><FONT color=#000000 size=2>Guy,</FONT></DIV>
        <DIV><FONT color=#000000 size=2></FONT><FONT 
        size=2>&nbsp;&nbsp;&nbsp;&nbsp; I have Nison's book on &quot;Japanese 
        Candlestick Charting Techniques&quot; and have tried to follow/use some 
        of the formations with no success what so ever.&nbsp; I even tried some 
        systems with candlestick formations, but didn't get good returns.&nbsp; 
        I'm convinced that there may be something to it and even use the 
        Candlestick charts, but so far it just hasn't soaked in 
        &lt;G&gt;.</FONT></DIV>
        <DIV><FONT size=2></FONT>&nbsp;</DIV>
        <DIV><FONT size=2>Jim</FONT></DIV>
        <BLOCKQUOTE 
        style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
            <DIV><FONT face=Arial size=2><B>-----Original 
            Message-----</B><BR><B>From: </B>Guy Tann &lt;<A 
            href="mailto:grtann@xxxxxxxxxxx";>grtann@xxxxxxxxxxx</A>&gt;<BR><B>To: 
            </B><A 
            href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> 
            &lt;<A 
            href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
            </B>Sunday, September 13, 1998 12:57 PM<BR><B>Subject: </B>RE: 
            Weekly Pick<BR><BR></DIV></FONT>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Jim</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Took a look at my DJIA weekly charts with the corresponding 
            BB (using their defaults) and by BB range runs from 9350 and 6600 
            with the current position being just below the mid point around 
            7900.&nbsp; I can be like the NBC talking heads and say we have an 
            equal chance of going up or going down.</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>FWIW, we finally got a Sell Signal.....</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Now our 'Contrary' was a 36 and our maximum is 35 (based upon 
            probabilities).&nbsp; Now comes the basic question and the second 
            guessing of our system, do we wait, and follow the trading rules, or 
            do we say that's close enough and short the 
            market.</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Hopefully our maturity will prevail and we will wait.&nbsp; 
            We need another up day, but not quite as 
            strong.&nbsp;</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Wish I knew more about Candlesticks, but when I switched over 
            to that format, the pattern looks interesting.&nbsp; If I only knew 
            what it means &lt;G&gt;.&nbsp;</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Regards</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2>Guy</FONT></SPAN></DIV>
            <DIV><SPAN class=230521316-13091998><FONT color=#0000ff face=Arial 
            size=2></FONT></SPAN>&nbsp;</DIV>
            <BLOCKQUOTE 
            style="BORDER-LEFT: #0000ff solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
                <DIV class=OutlookMessageHeader><FONT face="Times New Roman" 
                size=2>-----Original Message-----<BR><B>From:</B> 
                owner-metastock@xxxxxxxxxxxxx 
                [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On Behalf Of</B> Jim 
                Greening<BR><B>Sent:</B> Saturday, September 12, 1998 10:54 
                AM<BR><B>To:</B> Metastock<BR><B>Subject:</B> Weekly 
                Pick<BR><BR></FONT></DIV>
                <DIV><FONT color=#000000 size=2>All,</FONT></DIV>
                <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; The 
                market did move up yesterday and I did open my DELL position at 
                56 3/8.&nbsp; So far so good, now if it will just follow through 
                &lt;G&gt;.&nbsp; I took a long look at the indices last night 
                and they are acting right for my theory.&nbsp; To expand it a 
                little, I believe the DJIA is trying to set up a volatile 
                sideways or horizontal channel trading range between 7500 and 
                8000.&nbsp; The DJIA is not near the bottom of any of my trend 
                channels but both the OEX and SPX are bouncing off the bottom of 
                long term channels.&nbsp; There is , however, some support for 
                the DJIA near 7500 from the Jan lows and resistance above 8000 
                from last falls highs.&nbsp; Looking at the daily action, the 
                DJIA has tested the 7500 level three times in the last two weeks 
                so it does look like a bottoming action.&nbsp; With the 
                volatility we have seen, I fully expect another test of the 8000 
                level soon.&nbsp; However, this is still a somewhat tenuous 
                theory and a long way from reality.&nbsp; I will commit to 
                positions to play the theory, but want to do so more cautiously 
                then usual with very close stops.&nbsp; That means any stock I 
                pick must be close to the bottom of the channel since I set my 
                stops under the channel and preferable has just bounced up a 
                little.&nbsp; Also I'm only going to play the large market 
                leaders in groups I'm interested in.&nbsp; </FONT></DIV>
                <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; Even 
                with the large DELL position and my normal size RDC position, 
                I'm still over 50% cash and want at least one more position to 
                play the bounce I'm hoping for.&nbsp; I think the brokers and 
                financial service groups have been over punished and over sold 
                lately so that's the group for this weeks pick.&nbsp; I narrowed 
                my list to Schwab and Travelers Group (TRV) and decided on TRV 
                since it is so over sold and since Sandy Weill always bounces 
                back.&nbsp; I only wish I had ridden his coat tails more in the 
                past &lt;G&gt;.&nbsp; TRV is going to be the true financial 
                services giant when the merger with Citicorp is 
                completed.</FONT></DIV>
                <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; TRV at 
                40 7/8 broke out of a Short Term Down Trend Channel Friday on 
                good volume.&nbsp; It's also in a Long Term Up Trend Channel 
                (LTUTC) with the top at 80 3/8 and the bottom at 38.&nbsp; It 
                peaked at 73 3/8 on 4/6/98 and then went into a four month 
                CANSLIM cup type formation but failed to breakout in Jul and 
                then went into a tail spin to a low of 36.4375 Friday morning 
                before the good up move.&nbsp; Looking at the chart, the last 
                week shows a typical Equivolume reversal pattern with TRV 
                bouncing off the bottom of the LTUTC twice on high volume.&nbsp; 
                It closed at the lows on the first bounce, but closed at the 
                highs yesterday.&nbsp; The Support/Resistance and CMO indicators 
                look like the beginning of a reversal pattern.&nbsp; The 
                fundamentals are better than ever with the PE at 12.1, 
                price/sales at 1.1, return on equity at 17.5%, 5 yr. revenue 
                growth rate at 49% and 5 yr. earnings growth rate at 19%.&nbsp; 
                TRV just kept growing while the stock price dropped.&nbsp; 
                That's why I think it's so over sold and such a bargain right 
                here.&nbsp; I'll take a long position at Monday's open, set my 
                target just under the top of the LTUTC at 80 and my mental stop 
                just under it at 37 3/4.&nbsp; I'd like to hang on to this one 
                as a long term core position if it will let me so I'll wait 
                until a good short term up trend channel forms before moving my 
                stop up to it.&nbsp;</FONT></DIV>
                <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; I'm 
                sending a TRV.GIF chart to everyone on my email chart 
                list.&nbsp; If you're not on the list, and want on, just 
                yell.</FONT></DIV>
                <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
                <DIV><FONT color=#000000 
        size=2>Jim&nbsp;</FONT></DIV></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Sep 13 17:14:11 1998
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From: "Jim DeWilder" <jdewilder@xxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: PV Binary Wave System Test
Date: Sun, 13 Sep 1998 15:47:17 -0700
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<DIV><FONT color=#000000 face=Arial size=2>Jim,</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>I can make the changes you outlined below 
manually.&nbsp; However, if you could send me the files with the changes in 
them, I would appreciate it. I would like to experiment a little 
more.</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>Jim</FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From: 
    </B>Jim Greening &lt;<A 
    href="mailto:JimGinVA@xxxxxxxxxxxxx";>JimGinVA@xxxxxxxxxxxxx</A>&gt;<BR><B>To: 
    </B>Metastock &lt;<A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
    </B>Sunday, September 13, 1998 10:31 AM<BR><B>Subject: </B>PV Binary Wave 
    System Test<BR><BR></DIV></FONT>
    <DIV><FONT color=#000000 size=2>All,</FONT></DIV>
    <DIV><FONT color=#000000 size=2>&nbsp;&nbsp;&nbsp;&nbsp; I wanted everyone 
    to know that I hadn't forgotten the development of the Price Volume Binary 
    Wave.&nbsp; I've just been very busy and haven't had much time for it.&nbsp; 
    For one thing our first grandson (to go with our two granddaughters) was 
    born a couple of months ago.&nbsp; They live about an hours drive North of 
    us and needless to say, we have been making that short trip often 
    &lt;G&gt;.&nbsp; Anyway, back to business.&nbsp; I combined the first two 
    PVBW formulas into the following:</FONT></DIV>
    <DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
    <DIV>&nbsp;</DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Sep 13 17:47:50 1998
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From: "Richard Estes" <rtestes@xxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: "The Seduction of a President" by Kenneth Starr
Date: Sun, 13 Sep 1998 18:35:24 -0500
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I wondered, who the polls were calling. Now I know. We shouldn't take up any
more space here. But I would note two things if Clinton and others lied in
whitewater, filegate, travelgate, and fundsgate like they did in Zippergate.
It would be very hard to bring forward, what anyone could see was crooked
actions on their part. The man has lied all his life, he has never uttered
the truth about anything, period.

Zippergate was turned over to Starr by AG Reno and a three judge panel. When
the judges in the phoney appeals cases by clinton saw the evidence, they
decided in Starr's favor.

No, Republicans have no plans to increase the socialist aspects of our
government. That is why I like them, I believe in capitalism.

Richard Estes


-----Original Message-----
From: Lionel Issen <lissen@xxxxxxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>; EMail List FastTrack
<fasttrack@xxxxxxxxxxxxxx>; Al Angle <jangle@xxxxxxxx>; John Aupperle
<JAupp@xxxxxxx>; Scott Brandau <sbrandau@xxxxxxxx>; Stan Ellison
<BSEllison@xxxxxxx>; Clem Gagne <clemray@xxxxxxx>; Mike Hasket
<ellmic1@xxxxxxxx>; Pamela E. Hinchey <spamette@xxxxxxxxxxxxxx>; Mike Hodges
<mwhod@xxxxxxxxxxxxxxxx>; Marketspace Financial <marketspac@xxxxxxx>; Don
Potter <djp@xxxxxxxxxxxxxxxxxxxxx>; Andy Pracht <pracht@xxxxxxxxxxx>; Gene
Schwartz <travel1@xxxxxxxxxxxxxxxx>
Cc: Al Angle <jangle@xxxxxxxx>; John Aupperle <JAupp@xxxxxxx>; Scott Brandau
<sbrandau@xxxxxxxx>; Stan Ellison <BSEllison@xxxxxxx>; Clem Gagne
<clemray@xxxxxxx>; Mike Hasket <ellmic1@xxxxxxxx>; Pamela E. Hinchey
<spamette@xxxxxxxxxxxxxx>; Mike Hodges <mwhod@xxxxxxxxxxxxxxxx>; Marketspace
Financial <marketspac@xxxxxxx>; Don Potter <djp@xxxxxxxxxxxxxxxxxxxxx>; Andy
Pracht <pracht@xxxxxxxxxxx>; Gene Schwartz <travel1@xxxxxxxxxxxxxxxx>; Frank
Tarr, OD <FTARR@xxxxxxxxxxxxxxxxxxxxxxxxxxx>
Date: Sunday, September 13, 1998 4:37 PM
Subject: Re: "The Seduction of a President" by Kenneth Starr


>Bill:
>
>On the one hand you have a point or two.
>
>On the other hand the Republicans have no program, no policy, and no plans
>for dealing with our domestic, economic, military, and foreign policy
>problems.
>
>This "lets get Clinton for screwing around" is like Hitler blaming the
Jews,
>Stalin blaming the capitalists, the KKK blaming Blacks, Jews, and
Hispanics,
>the Ayatollah blaming the Americans.. need I go on.  Finding a scapegoat
>beats thinking and working to solve our problems each and every time.
>
>The investigation started with Whitewater, nothing was found.  So we did
>find that Clinton has his brains hanging out.  Incidentally one of our
most
>lecherous presidents was a republican, so what.
>
>This so-called investigation and report has made us the laughing stock of
>the world and has seriously weakened our influence and ability to influence
>events.  It will also weaken the ability and power of presidents in the
>future, no matter what party they belong to.
>
>Kenneth Starr has done his party and our country a great diservice.
>
>Lionel
>
>
>-----Original Message-----
>From: Bill Saxon <bsaxon@xxxxxxxxxxxxxxx>
>To: EMail List FastTrack <fasttrack@xxxxxxxxxxxxxx>; EMail List Metastock
><metastock@xxxxxxxxxxxxx>; Al Angle <jangle@xxxxxxxx>; John Aupperle
><JAupp@xxxxxxx>; Scott Brandau <sbrandau@xxxxxxxx>; Stan Ellison
><BSEllison@xxxxxxx>; Clem Gagne <clemray@xxxxxxx>; Mike Hasket
><ellmic1@xxxxxxxx>; Pamela E. Hinchey <spamette@xxxxxxxxxxxxxx>; Mike
Hodges
><mwhod@xxxxxxxxxxxxxxxx>; Marketspace Financial <marketspac@xxxxxxx>; Don
>Potter <djp@xxxxxxxxxxxxxxxxxxxxx>; Andy Pracht <pracht@xxxxxxxxxxx>; Gene
>Schwartz <travel1@xxxxxxxxxxxxxxxx>
>Cc: Al Angle <jangle@xxxxxxxx>; John Aupperle <JAupp@xxxxxxx>; Scott
Brandau
><sbrandau@xxxxxxxx>; Stan Ellison <BSEllison@xxxxxxx>; Clem Gagne
><clemray@xxxxxxx>; Mike Hasket <ellmic1@xxxxxxxx>; Pamela E. Hinchey
><spamette@xxxxxxxxxxxxxx>; Mike Hodges <mwhod@xxxxxxxxxxxxxxxx>;
Marketspace
>Financial <marketspac@xxxxxxx>; Don Potter <djp@xxxxxxxxxxxxxxxxxxxxx>;
Andy
>Pracht <pracht@xxxxxxxxxxx>; Gene Schwartz <travel1@xxxxxxxxxxxxxxxx>;
Frank
>Tarr, OD <FTARR@xxxxxxxxxxxxxxxxxxxxxxxxxxx>
>Date: Sunday, September 13, 1998 1:14 PM
>Subject: "The Seduction of a President" by Kenneth Starr
>
>
>>My wife, who grabbed this best seller from my hands before I had a chance
>to
>>read it, made this observation.  I tend to agree with her.  Like most
women
>she
>>is quite intuitive.  I do not think that Monica is the poor little intern
>>intimidated by a President who wielded his power and influence to have his
>way
>>with her.  To me (and my wife) she is an attractive young lady who by her
>own
>>account seduced a relatively old fool who used the wrong head to think
>with.
>>
>>I feel sorry for the man but I am not sure I want him as Commander in
>Chief.
>>Not because of the perjury but because of the lack of good sense.  The
>>interesting thing is that with all the mulling over by the press I have
>heard no
>>one put forth this observation.  When I carefully read the details of the
>>encounters this conclusion seems reasonable and likely.
>>Any opinions??
>>
>>
>