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<DIV><FONT color=#000000 size=2>Jim, </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>One comment on your SCH pick -- fundamentally -- there is a
lot of recent insider selling...</FONT></DIV>
<DIV><FONT size=2></FONT><FONT color=#000000 size=2><A
href="http://biz.yahoo.com/t/s/sch.html";>http://biz.yahoo.com/t/s/sch.html</A></FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT size=2>Tom</FONT></DIV>
<DIV> </DIV>
<BLOCKQUOTE
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
<DIV><FONT face=Arial
size=2><BR> </DIV></FONT>All,<BR> Another good
week for my portfolio (summary below), even if I was stopped out of my CCI
and SCH stock positions. That happens when you are using tight
stops. However, there is absolutely nothing wrong with jumping back in
the same stock if it turns and sets a new short term high. That's
exactly what SCH did. After closing below my stop Tuesday, it turned
up Wednesday and went on to set a new short term high on Friday. I'm going
to open a new long position in SCH Monday.<BR>
Looking at the indices, the DJIA is still within its trading range.
Early in the week, it looked like it was going to complete its bounce off
the top of the horizontal channel and break through the bottom of its Short
Term Up Trend Channel (STUTC). However, the STUTC held and the DJIA
turned up Thursday and made a strong run back to just under the top of the
channel. It's still in the bottom half of its STUTC and I think there
is a good chance that it will break out of the top of the HC next
week. If it does, that will be a very bullish sign for the next couple
of months. If it doesn't, that means the large caps aren't going to do
as well as they have and we might finally make that long expected switch to
the small caps as the market leaders. I say this because the Russel
and the NASDAQ OTC Composite indices are already in strong STUTCs.
Therefore, I'm also going to start adding some more spice to my portfolio
with more small cap Chrisms Specials like CY, EGGS, and NR that are already
in my portfolio. My definition of a Christmas Special is a small cap
stock that has lost over 50% of its value in the last year but still has
good fundamentals and is giving some signs of turning back up. This
weeks choice is Iomega (IOM). I know this will be a controversial
choice with many, but that's what stock picking is all about
<G>. Although IOM's earnings tanked, there sales are still
growing slowly. That have a large installed base of ZIP drives and if
they can straighten their act up, the real profits should be in additional
disk sales. They just installed a new CEO this week and he announced
that that was exactly what he was going to try to do. Time will tell
if he can or not, but if he does there is certainly large profit
potential.<BR> SCH at 48 is in a STUTC (revised
MS6.5 Standard Deviation channel from left of 10/8/98 to right of 10/30/98
with deviation set at 1.3 and extended to right) with the top at 51 3/4 and
the bottom at 42 7/8. After falling below my stop Tuesday and causing
me to close my position, it turned Wednesday and made a strong run to a new
all time high on good volume Friday. In doing this it broke out of a
Horizontal Channel that had been in effect for about a year. It is
definitely showing good momentum right here. It's fundamentals are
sound with a ROE of 25%, Debt/Equity of 0.32, Price/Sales of 4.7 which isn't
bad for a broker, and sales and earnings growth of about 16%. I'll
open a new long position Monday. Since it's in new all time high
territory, I won't set a target, but will set a stop just under the STUTC at
42 3/4. I'll move the stop up under the channel as often as
possible.<BR> IOM at 5.4375 is in a STUTC (MS6.5
Standard Deviation from left of 10/8/98 to right of 10/23/98 with deviation
set at 1.3 and extended to the right) with the top at 7 and the bottom at
5. IOM set an all time high of 27.562 on 5/23/96 and then fell to a
low of just over 6 in July of 96. From there it rose to a high of 16
3/4 on 12/06/97 which was a good play for me then. It then fell all
this year to a low of 2.9375 on 10/8/98. From there it rose to form
its current STUTC and broke out of its Intermediate Term Down Trend Channel
(ITDTC) on good volume a week ago Friday. This week it moved up and
sideways to Friday's close in the bottom half of its STUTC. I got a MS
Tema Binary Wave Composite, QStick buy signal on Monday. Since this is
a Christmas Special, the fundamentals aren't as good as those for SCH, but
they aren't really that bad except for the negative earnings. The
Price/Sales is great at 0.83 and the debt/equity is good at 0.26. Of
course sales growth is flat and earnings growth is negative, but I'm hoping
the new CEO can turn that around. I'll open a long stock position
Monday. My initial target will be at 13 which is just under the top of
the Long Term Down Trend Channel which I didn't mention <G>. My
stop will be just under the STUTC at 4 3/4.<BR> I'll
send SCH.GIF and IOM.GIF charts to everyone on my email chart list. If
you aren't on the list and want on, just yell.<BR><BR>Jim
G<BR><BR><BR>
Date<BR>
Entry<BR>
Target<BR>
Stop<BR>
Current<BR>
%<BR>
<BR>
Symbol<BR>
Opened<BR>
Price<BR>
Price<BR>
Price<BR>
Price<BR>
Gain/Loss<BR>
<BR>
AOL<BR>
10/09/98<BR>
$89.50<BR>
$139.00<BR>
$113.75<BR>
$127.38<BR>
42.32%<BR>
<BR>
CCI<BR>
10/09/98<BR>
$35.38<BR>
Stopped<BR>
10/28/98<BR>
$42.75<BR>
20.85%<BR>
<BR>
CY<BR>
10/12/98<BR>
$8.75<BR>
$19.00<BR>
$8.75<BR>
$11.13<BR>
27.14%<BR>
<BR>
DELL<BR>
10/09/98<BR>
$51.44<BR>
$71.00<BR>
$58.75<BR>
$65.50<BR>
27.34%<BR>
<BR>
EGGS<BR>
09/28/98<BR>
$8.38<BR>
$14.00<BR>
$6.75<BR>
$6.94<BR>
-17.16%<BR>
<BR>
MSFT<BR>
10/09/98<BR>
$93.19<BR>
$119.00<BR>
$104.75<BR>
$105.88<BR>
13.62%<BR>
<BR>
NR<BR>
10/05/98<BR>
$7.13<BR>
$25.00<BR>
$7.75<BR>
$9.44<BR>
32.46%<BR>
<BR>
SCH<BR>
10/05/98<BR>
$36.63<BR>
Stopped<BR>
10/27/98<BR>
$42.75<BR>
16.72%<BR>
<BR>
<BR><BR><BR></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sat Oct 31 21:20:20 1998
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From: "Tony Harring" <greatsigns@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: Opinions about trading software
Date: Sat, 31 Oct 1998 18:06:19 -0500
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I have Get and find it quite accurate a worthwhile. It has some excellent
proprietary tools that definitely can make you money, bearing in mind that
there is always a risk in trading. But it reduces risk and graphically
portrays good trades. tony
-----Original Message-----
From: Tommaso Galanti <galantit@xxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, October 31, 1998 6:42 AM
Subject: Opinions about trading software
>Hi All, guys
>I would like to know your opinions about AdvancedGet and Dynamic Trader
>Software.
>Are they worth the price?
>TIA very much
>Tommaso Galanti
>ITALY
>
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