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<DIV><FONT color=#000000 size=2>Guy,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2> You
can say that again! I'm amazed at these price levels, but I'll just follow
the trend and hope my stops get me out in time <G>.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>JimG</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>Guy Tann <<A
href="mailto:grt@xxxxxxxxxxxx";>grt@xxxxxxxxxxxx</A>><BR><B>To: </B><A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Monday, February 22, 1999 6:20 PM<BR><B>Subject: </B>RE: AOL, CSCO,
& WMT<BR><BR></DIV></FONT>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2>Congrats</FONT></SPAN></DIV>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2>Being the proverbial bear, I'm constantly amazed when my longs
continue to make money at these levels. Can't quite believe the move
today, but it's better than a sharp stick in the eye. :)</FONT></SPAN></DIV>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2>Guy</FONT></SPAN></DIV>
<DIV><SPAN class=320575801-23021999><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of</B> Jim Greening<BR><B>Sent:</B> Monday, February 22, 1999 7:49
PM<BR><B>To:</B> Metastock<BR><B>Subject:</B> AOL, CSCO, &
WMT<BR><BR></FONT></DIV>
<DIV><FONT color=#000000 size=2>All,</FONT></DIV>
<DIV><FONT color=#000000 size=2> Not a bad day
<G>. I wasn't surprised when my buy stop for CSCO was hit at 98
5/8, but I was definitely surprised when my buy stop on AOL was hit at 165
1/8. That was 5 points above Friday's close so I didn't even send the
AOL chart out Saturday. Then it went on and gained another 8 points
after it hit my buy stop. Talk about momentum! </FONT></DIV>
<DIV><FONT color=#000000 size=2> HD didn't hit my
buy stop, but WMT barely closed at a new all time high. Therefore, I'm
going to cancel my GTC buy stop on HD and buy WMT in the morning
instead. </FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>JimG
</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Tue Feb 23 18:57:04 1999
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From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: RE: AOL, CSCO, & WMT
Date: Tue, 23 Feb 1999 18:03:49 -0800
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Doc
Our trading methodology is a little different. We play probabilities and
try to stay in the market all the time. Either long or short the S&Ps.
We have a 75% rate of profitable trades and generally do fairly well. What
happens is that we start to feel omnipotent after making several successful
trades in a row, and we start to double up on our positions as soon as we
could afford them. ALWAYS bites us in the rear. :) We seem to have the
knack for picking the absolute wrong time to increase our positions. I'm
going to start spending a lot more time studying the money management using
our trading techniques.
Guy
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Docteur
Sent: Tuesday, February 23, 1999 7:55 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: AOL, CSCO, & WMT
Hi Guy,
Yes, the hardest part of trading is money management. With enough
effort anyone can learn to read patterns and trends but it's the
disipline and the managing of those trades (take small losses, keep to
your plan, set those stops {both profit and loss} that's the real part
of trading.
Doc
Guy Tann wrote:
>
> Doc
>
> I'm trying to just make the trades and not do the stupid things I usually
> do, like doubling the size of our investments as we make more and money.
I
> really need to work on money management. The system will take care of
> itself.
>
> Guy
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Docteur
> Sent: Monday, February 22, 1999 8:18 PM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: AOL, CSCO, & WMT
>
> Guy,
>
> The trick is not to be a bear or a bull but to ride the horse in the
> direction it's going.
>
> Ride the trend my friend and make money both ways.
>
> It's not wise to "be" something when that something isn't profitable.
>
> Proverbial is for philosophers, not traders...
>
> Doc
>
> Guy Tann wrote:
> >
> > Congrats
> >
> > Being the proverbial bear, I'm constantly amazed when my longs
> > continue to make money at these levels. Can't quite believe the move
> > today, but it's better than a sharp stick in the eye. :)
> >
> > Guy
> >
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
> > Sent: Monday, February 22, 1999 7:49 PM
> > To: Metastock
> > Subject: AOL, CSCO, & WMT
> >
> > All,
> > Not a bad day <G>. I wasn't surprised when my buy stop for CSCO
> > was hit at 98 5/8, but I was definitely surprised when my buy stop on
> > AOL was hit at 165 1/8. That was 5 points above Friday's close so I
> > didn't even send the AOL chart out Saturday. Then it went on and
> > gained another 8 points after it hit my buy stop. Talk about
> > momentum!
> > HD didn't hit my buy stop, but WMT barely closed at a new all
> > time high. Therefore, I'm going to cancel my GTC buy stop on HD and
> > buy WMT in the morning instead.
> >
> > JimG
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