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Dave,
I never have a time frame in mind. The initial target is 149.
JimG
-----Original Message-----
From: Dave <zdave@xxxxxxxxx>
To: 'metastock@xxxxxxxxxxxxx' <metastock@xxxxxxxxxxxxx>
Date: Saturday, January 30, 1999 6:01 PM
Subject: RE: Replaced AMZN with ATHM
Jim,
Do you have a target and/or timeframe in mind?
Thanks in advance, Dave
zdave@xxxxxxxxx
-----Original Message-----
From: Jim Greening [SMTP:JimGinVA@xxxxxxxxxxxxx]
Sent: Friday, January 29, 1999 2:24 PM
To: Metastock
Subject: Replaced AMZN with ATHM
All,
AMZN was trading below my stop this morning, so I closed it and replace
it with At Home Corp (ATHM). ATHM just broke out to a new all time high
this morning after trading in a sideways channel for a month. Prior to
that, it was in a strong up move for several months. The combined moves
formed a wide Short Term Up Trend Channel (STUTC). It's currently in the
middle of that STUTC. The PDI-MDI just dipped negative Monday, then turned
around a re-entered positive territory Wednesday. The ADX and MDI are in a
position to qualify for a buy signal, but we won't get one since a buy
signal is already in effect from several months ago. I'm going to let this
one run and set my initial stop way down at 90 3/4 just under the bottom of
the STUTC. To meet my money management rules with this stop, I took a
smaller position than normal.
JimG
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