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<DIV><FONT color=#000000 size=2>Guy,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>
Best of luck on your son's game. I used to really enjoy those when my
children were that age, now I'm getting to revisit it with my granddaughter's
soccer games.</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>Saturday, March 27, 1999 8:58 PM<BR><B>Subject: </B>RE: Weekly
Pick<BR><BR></DIV></FONT>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999>JimG</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999></SPAN></FONT> </DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN class=190354004-28031999>Go
for it. I'll post Sunday night after I get our positions placed and
our calculations completed. It looks like we could have a buy signal
as well, but I'm not going to be around to crank the numbers. My 8
year old in having his basketball championship game Sunday and we're busier
than all get out preparing for that 'big' game.</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999></SPAN></FONT> </DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999>Regards</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999></SPAN></FONT> </DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999>Guy</SPAN></FONT></DIV>
<DIV><FONT color=#0000ff face=Arial size=2><SPAN
class=190354004-28031999></SPAN></FONT> </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> Saturday, March 27, 1999 1:04
PM<BR><B>To:</B> Metastock<BR><B>Subject:</B> Weekly
Pick<BR><BR></FONT></DIV>
<DIV><FONT color=#000000 size=2>All,</FONT></DIV>
<DIV><FONT color=#000000 size=2> This was a very
busy week. I added RDC to my portfolio Monday and was stopped out of
DELL. I added DELL back Thursday when it looked like it was bouncing
off the bottom of a long term up trend channel. Finally, </FONT><FONT
color=#000000 size=2>I tried to relearn the lesson of "Stick to your
System". On Wednesday morning I was stopped out of AMZN and
WMT. I didn't like the looks of the market so I decided to go to 50%
cash and closed out my AOL and SCH positions also. My system was
saying that I should stay in AOL and SCH, but I didn't. Sure enough
both gapped up Thursday morning. I rectified my mistake by jumping
back in, but I lost some profit I would have had if I had just stayed in as
my system called for. The question is - did I learn my lesson or
not? Time will tell <G>.</FONT></DIV>
<DIV><FONT color=#000000 size=2> I still have cash
in my portfolio and want to replace AMZN with another internet
position. After a lot of looking, my choice is Network Solutions
(NSOL). Network Solutions is the exclusive registrar -- for the time
being -- of address names ending in domains .com, .edu, .net, and .org. The
company, which has registered more than three million addresses, provides
domain name information to Internet root servers worldwide, and offers
intranet development and network security services. To me, this looks like a
license to coin money since all the companies and individuals registering
names must pay an annual fee <G>. It's an extremely volatile
stock so it's not for the weak of heart.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>
NSOL at $106.50 is in a wide Intermediate Term Up Trend Channel (ITUTC) with
the top at 190 and the bottom at 102 1/2. It looked like it bounced
off that bottom Thursday and Friday. During the week it fell from
Monday's high of 153.8 and lost 30% of its value as a Market Shorter tried
to jaw bone it down and succeeded, at least temporarily. I think he
was wrong and this is a buying opportunity, but a very risky one. The
binary wave is positive, but falling and the QStick is negative and falling
as you would expect after a 30% drop in a week, so they aren't much
help. The long term trend is definitely up and the fundamentals are
interesting for an internet stock. NSOL has the typically high
internet price/sales at 18.9, but it offsets that with actual earnings which
is unusual for an internet stock. It has current earnings of $.34 and
its sales, income, and EPS are all showing growth rates over 100% per
year. Since this is such a volatile position, I'm going to watch it
Monday morning and only enter if it is rising. If I do get my
position, I'll set my initial target just under Monday's high at 150.
I'll set my stop just under the ITUTC at 101 3/4. If it takes off,
I'll switch my stop to a short term channel just as soon as it makes sense
to construct one.</FONT></DIV>
<DIV> </DIV>
<DIV><FONT size=2>JimG</FONT></DIV></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Sun Mar 28 17:41:11 1999
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Message-ID: <003b01be7951$516d9300$aac6fdd0@xxxxxxxx>
From: "Jim Greening" <JimGinVA@xxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Re: For Jim G
Date: Sun, 28 Mar 1999 11:28:03 -0800
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Jeffery,
My own. I'll copy a post below that summarizes it. I also have
several previous posts on each of the building blocks. If you're
interested, yell and I'll send them to you.
JimG
From: Jim Greening <JimGinVA@xxxxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Subject: Stock Trading Building Blocks
Date: Saturday, November 14, 1998 7:46 PM
All,
This may be slightly out of scope in that it is a larger topic
than just MetaStock charting and testing, although that's definitely a
good part of it. I thought it would be interesting to share our ideas
on the building blocks or elements of a complete stock trading
methodology.
I have tried to build my own trading system on what I think is a
logical set of building blocks. The elements of my trading system
follow:
1. A systematic method of narrowing the universe of stocks to a few
potential trading candidates that have certain characteristics that
have resulted in successful trades in the past. My searches or
filters use a combination of fundamental and technical criteria.
2. A market tracking mechanism that indicates when it is OK to enter
a position and whether that position should be long or short. I use
trend channels for this.
3. Tests and a methodology for making the final stock selection for
new positions.
4. A money management system that limits overall portfolio risk on
each new position and tells how large each position should be. I
won't risk more than 5% (usually 2 to 3%) of my portfolio on any one
position.
5. A method for setting stops and targets although targets are not
always required. Stops should be based on Technical Analysis rather
than an arbitrary percentage or point move. Stop placement tied back
to money management can affect position size. Again, I use trend
channels for this.
6. An exit strategy. Mine is simple, exit when a target or stop is
hit.
Does anyone have any comments on the above building blocks? Any
to add? Do you disagree with any? Is anyone interested into going
into details on each of the building blocks?
JimG
-----Original Message-----
From: Jeffrey S. Campbell <jsc@xxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, March 27, 1999 6:44 PM
Subject: For Jim G
>What system do you use?
>
>At 04:29 PM 3/25/99 -0800, you wrote:
>>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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