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Guy,
I wish you had a buy also<G>.
JimG
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Thursday, March 25, 1999 3:39 PM
Subject: RE: Close Out
>JimG
>
>I'm thinking of conducting classes on how to ignore your trading rules and
>turn gold into $hi^. <G> We can even bring my brother in as a guest
>speaker. He's very good on these 'feel' things. <VBG>
>
>Wish I had a buy, but didn't have it yet, so I'll wait. We need a buy
>signal and a down day that meets certain parameters to go long. Until
then,
>we'll sit this out.
>
>Regards
>
>Guy
>
>
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>Sent: Thursday, March 25, 1999 4:29 PM
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Close Out
>
>
>Guy,
> Looks like a good decision to me, but then what do I know <G>. I just
>pulled a dumb move yesterday by closing my AOL and SCH positions even
though
>my system was telling me to stay in. Sure enough, they were way up this
>morning. I jumped back in both AOL and SCH, but lost the overnight profit
I
>would have had otherwise. I keep telling myself I'm going to follow my
>system exactly, but then can't help jumping the gun ever now and then.
>When I do that, it usually hurts <G>.
> I also opened another position in DELL this morning. It looks to me
>like the long term channel is going to hold and, if it does, this will be a
>good entry point.
>
>JimG
>-----Original Message-----
>From: Guy Tann <grt@xxxxxxxxxxxx>
>To: Metastock <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, March 23, 1999 9:01 AM
>Subject: Close Out
>
>
>>JimG
>>
>>FWIW, I decided to close out my short position in the S&P this AM for a 41
>>point profit and stand aside. I hate to pass these profits up since by
>>waiting until my next signal, I usually lose a bunch of these paper
>profits.
>>
>>Since our intermediate term signal is still long (since Oct, 1998) and we
>>are trading against our 'trend', I thought I'd take the money and run. <G>
>>
>>Went short 3/19 in AM @ 1324. Closed short 3/23 in AM @ 1283. Length of
>>trade 2 days. ROI 50%.
>>
>>This is a hard decision for me since we have always stayed in a trade
until
>>our next signal to reverse. We're trying to do a better job of money
>>management, thanks to several on this list (you know who you are, so
thanks
>>again).
>>
>>My decision was made a little easier since my brother is out of touch down
>>in Florida watching his son play in a tennis tournament (he's on a college
>>team). <VBG> Well, actually I could have reached him on his cell phone,
>>but tough! <G>
>>
>>Regards
>>
>>Guy
>>
>>
>
>
>
>
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