[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: NWAC, KEA and AMAT



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<META content='"MSHTML 4.71.1712.3"' name=GENERATOR>
<STYLE></STYLE>

</HEAD>
<BODY bgColor=#ffffff>
<DIV><FONT color=#000000 size=2>Couldn't agree more.&nbsp; I believe it took a 
lot of courage for Harley to publish that piece.&nbsp; How many of us would be 
willing to admit to mistakes like that.&nbsp; I for one hope his account turns 
around very soon.&nbsp; I can truthfully say &quot;Been there, Done 
that&quot;.&nbsp; Only thing is at the time I didn't have the guts to admit it 
publicly.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Harley, good luck in your future trades!!</FONT></DIV>
<DIV><FONT size=2></FONT>&nbsp;</DIV>
<DIV><FONT size=2>Bill Nakielski</FONT></DIV>
<DIV><FONT color=#000000 size=2>Milwaukee, WI&nbsp; USA</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>Ben John &lt;<A 
    href="mailto:bjohn@xxxxxxxxxx";>bjohn@xxxxxxxxxx</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>Friday, November 06, 1998 09:26 AM<BR><B>Subject: </B>Re: NWAC, KEA and 
    AMAT<BR><BR></DIV></FONT>
    <DIV><FONT size=2>Don't be so hard, maybe he is learning.&nbsp; I don't see 
    anyone on this mailing list, but Jim that is willing to publish their 
    trades.&nbsp; How many of use are beating the SP-500!&nbsp; I started a Play 
    Money(100,000) on 09/17/97 of Jim's trades and it is up to 
    $141,950.21.&nbsp; If you are not willing to show what you are doing what 
    right to you have to criticize others! </FONT></DIV>
    <BLOCKQUOTE 
    style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; MARGIN-RIGHT: 0px; PADDING-LEFT: 5px; PADDING-RIGHT: 0px">
        <DIV style="FONT: 10pt arial">----- Original Message ----- <B>From:</B> 
        <A href="mailto:rmjapan@xxxxxxxxxxxxxxx"; 
        title=rmjapan@xxxxxxxxxxxxxxx>Rick Mortellra</A> 
        <DIV><B>To:</B> <A href="mailto:metastock@xxxxxxxxxxxxx"; 
        title=metastock@xxxxxxxxxxxxx>metastock@xxxxxxxxxxxxx</A> </DIV>
        <DIV><B>Sent:</B> Thursday, November 05, 1998 8:16 PM</DIV>
        <DIV><B>Subject:</B> Re: NWAC, KEA and AMAT</DIV></DIV>
        <DIV><BR></DIV>
        <DIV><FONT color=#000000 face=Arial size=2>Harley, this slapping ya in 
        the face but&nbsp; I'm not sure why you post anything at all. Therapy 
        perhaps? If so, then it's time for some tough love my 
        friend.</FONT></DIV>
        <DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 face=Arial size=2>Obviously, since you've 
        &quot;been here before&quot; you haven't or don't want to learn from 
        your mistakes. Certainly if we went down the list of the most common 
        trading guideline &quot;cliches&quot; found in the appendix of every 
        trading book published&nbsp; you'd be in violation of them all.&nbsp; 
        Frankly, the only thing anyone can take away from these posts is that 
        you are a&nbsp; LOSER!</FONT></DIV>
        <DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
        <DIV><FONT color=#000000 face=Arial size=2>You offer no plan or strategy 
        to deal with this setback other than to hope &quot;we get a 
        correction.&quot; You can't tell us why the trades went bad or even 
        admit that you were wrong. In fact, you want to short more! This during 
        one of the biggest up months in market history. Talk about hubris!&nbsp; 
        </FONT><FONT face=Arial size=2>You claim to know NWACs&nbsp; business 
        because you live in Minneapolis? What arrogance! </FONT></DIV>
        <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
        <DIV><FONT face=Arial size=2>You've said you got a degree in math but 
        its obvious math plays no part in your trading. Unless you control your 
        downside risk you'll never win over the long haul. So with NWAC the best 
        you could do IF the stock went zero was $960. (Yeah right, like one of 
        the giants of its industry becomes worthless.) Yet&nbsp; you've endured 
        a $360 or 38% plunge down a bottomless pit. Or AMAT, the undisputed 
        leader of its industry and where you've taken an astounding $2300 or 35% 
        whipping. What's even more amazing is that I'm willing to wager that 
        this 1 position has become almost 50% of your trading account, or what's 
        left of it. Are you dumb or just desperate?</FONT></DIV>
        <DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
        <DIV><FONT face=Arial size=2>Finally, you end by telling us that the 
        market action has changed for the better and &quot;screwed up your 
        thinking.&quot; The only thing that is screwed up is that you've 
        continued to stay WRONG for a month while pissin off probably 20% of 
        your equity! I suggest for the well-being of your family that snap out 
        of this stupor and GET OUT OF THE MARKET! Your personality is not suited 
        for active trading and it will end up costing you a lot more than a 
        shrink while you &quot;discover&quot; yourself. Stick with it, and I'll 
        guaranty you'll be cleaning full-time for a living.</FONT></DIV>
        <DIV>&nbsp;</DIV>
        <DIV>&nbsp;</DIV>
        <DIV><FONT face=Arial size=2><B>-----Original 
        Message-----</B><BR><B>From: </B>Harley Meyer &lt;<A 
        href="mailto:meyer@xxxxxxxxxxx";>meyer@xxxxxxxxxxx</A>&gt;<BR><B>To: 
        </B>Metastock list &lt;<A 
        href="mailto:metastock-list@xxxxxxxxxxxxx";>metastock-list@xxxxxxxxxxxxx</A>&gt;<BR><B>Date: 
        </B>Friday, November 06, 1998 10:22 AM<BR><B>Subject: </B>NWAC, KEA and 
        AMAT<BR><BR></DIV>
        <BLOCKQUOTE 
        style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px"></FONT>
            <CENTER>&nbsp;</CENTER>Well it has been awhile since I have 
            addressed my trades. Seems like I have dug myself a hole. Since I 
            have been sitting on these trades with some pretty good draw down. I 
            have to sit and wait because I have zero buying power. I have been 
            here before and I still don't like it. It isn't very productive. 
            (Well I have done some much needed cleaning around here.) But that 
            doesn't count. 
            <P>I covered 100 shares of NWAC for a small gain. I still am short 
            50 shares at 19 3/16. Currently the stock trades around 26. My 
            fundamental outlook on this stock has not changed. I live in 
            Minneapolis and they are giving more and more money in these 
            contract negotiations. Plus to attract passengers they are giving up 
            to much money. If I had money I would have taken another position 
            short at the $27 level. 
            <P>KEA - I am still short 100 shares at 30 1/2. I could of covered 
            around 30 about a week ago, but decided to take a chance that it was 
            going to move lower. It is now around 37. Could break to $40. It 
            does move with the markets and I will say that <U>if we can get a 
            correction</U> I should be able to get out with out to much of a 
            loss. 
            <P>AMAT - Has also moved higher and is now around 35. I am short 250 
            shares at 3 different locations. 50 @ 19 1/2, 100 @ 25 5/8 and 100 @ 
            29 3/8. As of the last few days the stock has been trying to come 
            down. But the market just keeps moving higher. Then so does AMAT. My 
            out look on AMAT has changed since they have finished their 
            restructuring. It will help their bottom line but it is unclear what 
            demand for their equipment will be in 1999. My guess is not that 
            much demand. <BR>&nbsp; 
            <P>Overall out look: My out look for the over all market is much 
            more positive than what it was 1 month ago. Even if the economy 
            slows down, the fed will use easing as a means to combat a slowing 
            economy. Hence large cap stocks prices will still stay buoyed up. I 
            will say that Greenspan's surprise rate cut has screwed my thinking 
            up. The landscape changed to much and became unfamiliar. <BR>&nbsp; 
            <P>Harley </P></BLOCKQUOTE></BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Fri Nov 06 20:51:14 1998
Received: from listserv.equis.com (204.246.137.2)
	by mail02.rapidsite.net (RS ver 1.0) with SMTP id 645
	for <neal@xxxxxxxxxxxxx>; Fri,  6 Nov 1998 22:00:03 -0500 (EST)
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id TAA17374
	for metastock-outgoing; Fri, 6 Nov 1998 19:06:53 -0700
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id TAA17371
	for <metastock@xxxxxxxxxxxxxxxxxx>; Fri, 6 Nov 1998 19:06:51 -0700
Received: from dfw-ix7.ix.netcom.com (dfw-ix7.ix.netcom.com [206.214.98.7])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id TAA00729
	for <metastock@xxxxxxxxxxxxx>; Fri, 6 Nov 1998 19:21:20 -0700 (MST)
Received: (from smap@xxxxxxxxx)
          by dfw-ix7.ix.netcom.com (8.8.4/8.8.4)
	  id UAA15411 for <metastock@xxxxxxxxxxxxx>; Fri, 6 Nov 1998 20:11:04 -0600 (CST)
Received: from hac-nj11-09.ix.netcom.com(199.35.9.73) by dfw-ix7.ix.netcom.com via smap (V1.3)
	id rma015400; Fri Nov  6 20:10:34 1998
From: BAUDECB@xxxxxxxxxxxxx (Christian Baude)
To: metastock@xxxxxxxxxxxxx
Subject: Re: NWAC, KEA and AMAT
Date: Sat, 07 Nov 1998 02:10:29 GMT
Message-ID: <3643abd3.355295@xxxxxxxxxxxxxxxxxx>
References: <004401be0982$0372b480$8af6c5d0@xxxxxxxxxxxxxxxxxxxxxx>
In-Reply-To: <004401be0982$0372b480$8af6c5d0@xxxxxxxxxxxxxxxxxxxxxx>
MIME-Version: 1.0
Content-Type: text/plain; charset=ISO-8859-1
X-MIME-Autoconverted: from quoted-printable to 8bit by listserv.equis.com id TAA17372
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
X-MIME-Autoconverted: from 8bit to quoted-printable by listserv.equis.com id TAB17374
X-Loop-Detect: 1
X-UIDL: 46c4a8f4d4889d0d4d9c852380305c1d

On Fri, 6 Nov 1998 07:36:00 -0500, you wrote:

>Does anyone know if there was a full moon last night?

Yes there was....  Now you know why some people use astrology in
market timing. (Murrey and Co.).

-= Chris ß =-