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Guy,
I'm getting mixed responses running slightly in favor of html format.
I guess you just can't please everyone <G>. The html format is definitely
easier for me, maybe I'll just send the targets and stops in html format to
the ones who get my email charts.
JimG
----- Original Message -----
From: Guy Tann <grtann@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Saturday, December 26, 1998 11:52 PM
Subject: RE: Weekly Pick
>Jim
>
>Put me down as preferring your html format :)
>
>Guy
>
>
>> -----Original Message-----
>> From: owner-metastock@xxxxxxxxxxxxx
>> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>> Sent: Saturday, December 26, 1998 10:31 AM
>> To: Metastock
>> Subject: Weekly Pick
>>
>>
>> All,
>> Another great week for my portfolio as it continued its climb
>> into new all time high territory, even if I was stopped out of ROW
>> Wednesday. Speaking of stops, I have been including my stop and
>> target listing at the bottom of the weekly pick message. To do that
>> easily I switched from plain text to HTML format so I could just copy
>> my Excel file to this message. I have received some complaints about
>> sending HTML files, so this week I'm experimenting with copy the Excel
>> text to a text file an seeing how much manual formatting I have to do.
>> If I can do this easily, I'll continue. If not, I'll just drop that
>> chart from my postings.
>> Since I did close out ROW I do have cash for another position. This
>> week I'm going to take another try at EggHead.Com (EGGS). As I
>> said when I
>> closed out EGGS the last time it hit my stop, I'm going to watch it for a
>> re-entry point since I still think it will test the 40 high again soon.
>> Hopefully, it's not wishful thinking, but I do think EGGS is starting
>> another up trend <G>.
>> EGGS at 23.75 does look like it has started another Short
>> Term Up Trend
>> Channel (STUTC). The STUTC was formed after EGGS dropped from
>> its Nov98 40
>> 1/4 high to an early Dec 15 1/4 low just above the top of the old
>> Short Term
>> Down Trend Channel (STDTC) it broke out of on its run to the 40 1/4 high.
>> It's not unusual for the tops of old channels that have been broken to
act
>> as support during pullbacks. After the 15 1/4 low, EGGS had a short
>> sideways Horizontal Channel (HC) which it broke out of this week giving a
>> Trader Vic type buy signal. I constructed the new STUTC from the
12/11/98
>> low just before the HC breakout to Thursday's close. I'll use the 22 1/4
>> bottom of the STUTC with the Deviation set at 1 for my stop.
>> RSquared looks
>> like it is about to turn up to signal the start of another trend.
>> Tema S/C
>> and MFI are both positive so the trend should be up. I won't repeat the
>> fundamentals since I just gave them not long ago and they are typical of
>> Internet fundamentals with growing revenues, but no earnings yet.
>> I'll open
>> a position sometime Monday. My stop will be just under the bottom of the
>> STUTC at 21 3/4. My target will be just under the old high at 40.
>>
>> JimG.
>> ----------------------------------
>> Open Positions
>>
>>
>> Date Entry Target Stop Current
%
>> Symbol Opened Price Price Price Price Gain/Loss
>>
>> AOL 10/09/98 $44.75 $154.00 $91.75 $136.63 205.31%
>> BS 12/21/98 $7.75 $12.00 $6.75 $8.13 4.84%
>> IDTI 12/21/98 $6.50 $10.00 $4.75 $6.44 -0.95%
>> MDM 11/23/98 $4.42 $12.00 $3.75 $4.94 11.80%
>> MSFT 10/09/98 $93.19 $166.00 $125.75 $141.75 52.11%
>> RDC 12/17/98 $11.81 $15.00 $8.75 $10.19 -13.75%
>> SDTI 12/07/98 $16.19 $30.00 $16.75 $21.88 35.14%
>> SIF 12/21/98 $12.63 $17.00 $10.75 $12.88 1.98%
>>
>> Positions Closed During Week
>>
>> ROW 12/14/98 $11.50 Stopped 12/24/98 $10.38 -9.78%
>>
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