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Jim,
May not be a bad decision. G7 meets this weekend,
so we might get some positive comments to move the
markets higher. I sure hope so cause I want to
load up on some more shorts. <g>
Harley
Jim Greening wrote:
> Guy, I cheated a little also. I closed my
> TRV, RDC, and 1/2 my EGGS position this
> morning. I decided to keep half the EGGS for
> part of a test I'm going to do on low priced
> small caps over the next few months. I watched
> off and on for most of the day and finally
> decided to stick with my DELL position. My
> rationale for DELL is that it was so close to my
> re-entry point for a bounce off the bottom of
> the intermediate term channel that I might as
> well just keep it and move the stop to under the
> intermediate term channel. That might have been
> real dumb, time will tell. Jim
>
> -----Original Message-----
> From: Guy Tann <grtann@xxxxxxxxxxx>
> To: metastock@xxxxxxxxxxxxx
> <metastock@xxxxxxxxxxxxx>
> Date: Friday, October 02, 1998 1:31 AM
>
> Subject: RE: StopsJimI wimped out.
> Had another sell signal for Monday
> night at the Close and was too much of
> a wuz to add to my short positions.
> When am I going to learn to just
> follow the signals? Worried about
> Greenspan and the pending rate cut
> even though we previously discussed
> the possibility that anything he did
> would be too little too late. Oh
> well....RegardsGuy
>
> -----Original Message-----
> From:
> owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Jim Greening
> Sent: Thursday, October 01,
> 1998 5:16 PM
> To: Metastock
> Subject: Stops
> All, I sure was wrong
> about that clear sailing to
> the top of the Horizontal
> Channel, looks like the DJI
> will test the bottom instead
> <G>. All my open positions
> closed below their stops
> today, so I'll close
> everything tomorrow with one
> possible exception. DELL
> did break through the bottom
> of the short term up trend
> channel but is now close to
> the bottom of the
> intermediate term channel.
> If it opens up tomorrow and
> looks like it's trying to
> turn, I may hold on to it.
> On the other hand, I don't
> want to let a profit get
> away <G>. Jim
>
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