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Re: Would you believe it?



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Guy,
     There are sure a lot of high targets out there.  I just heard an
analyst talking about his 11740 target.  I don't like it when everyone
starts talking about high targets <G>.

JimG
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Monday, April 26, 1999 11:28 PM
Subject: RE: Would you believe it?


>JimG
>
>Our intermediate term uptrend seems to still be in effect.  I think we have
>a couple of things to watch for.
>
>
>The following are our targets, assuming that our estimating is anywhere
near
>accurate:
>
> 1st target- 10750 (already achieved)*
> 2nd-target- 11230
> 3rd-target- 11950
>
>2-  Also, the actual new high for 4/19 was 10766 which was the 24th new
high
>on our "New-High-O-Meter". <BG>
>
>This is one of the points we like to watch.  The 32nd new high will be of
>interest...  At least to us. <G>
>
>Regards
>
>Guy
>
>* This was why we decided to go ahead with our short, hoping for some sort
>of reaction to the down side. <G>
>
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>Sent: Monday, April 26, 1999 5:56 PM
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Would you believe it?
>
>
>Guy,
>     Just got back and I'm trying to catch up on mail.  Hope this one pays
>off for you.  I didn't like the market just before I left and went to all
>cash except for my LEAP options.  I did nibble a little on vacation by
>jumping back into Schwab Tuesday afternoon after Monday's drop, but that's
>all I did.  Was having too much fun to really watch the market.  Now I'll
>have to buckle down and get back in.  I'm still on the long side but will
>probably mix a few value plays with my usual momentum big cap plays.
>
>JimG
>-----Original Message-----
>From: Guy Tann <grt@xxxxxxxxxxxx>
>To: Metastock <metastock@xxxxxxxxxxxxx>
>Date: Thursday, April 22, 1999 10:03 AM
>Subject: Would you believe it?
>
>
>>JimG
>>
>>Who would have thought that last trade would have turned a profit,
>>considering the way it started out? <G>
>>
>>Went short this morning near the open.  Just following the system and
>>holding on for dear life. <G>  Remember, out Intermediate trend is still
>up,
>>so we'll have to be nimble here (hard for me at my age <BG>).  If
>>opportunity knocks again, we'll grab 20 to 40 S&P points and run.  That
>>second to last trade knocked our return down to slightly over 20% for the
>>year, otherwise we'd be at a 50% return.
>>
>>Hope you had a great vacation and missed all of the ups and downs of the
>>market.
>>
>>Guy
>>
>>
>>
>
>
>
>