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Guy,
Let's hope its up <G>
JimG
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, April 28, 1999 11:25 PM
Subject: RE: Would you believe it?
>JimG
>
>Well our system must agree with yours. We're now long after taking a 1.50
>point loss. Never thought I'd get that close, but I never thought that
last
>Buy would have turned a profit either (after that initial big drop).
>
>Anyway, let's see where this thing is going.
>
>Regards
>
>Guy
>
>
>-----Original Message-----
>From: owner-metastock@xxxxxxxxxxxxx
>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>Sent: Wednesday, April 28, 1999 5:40 PM
>To: metastock@xxxxxxxxxxxxx
>Subject: Re: Would you believe it?
>
>
>Guy,
> I certainly agree that we are due for a big correction based on any
>historical valuation of the market, but as the analyst's say, "Maybe it's
>different this time". Actually I don't believe that for a minute, but as
>long as we continue to get lots of money chasing the stocks the bull will
>continue. While that happens, the bull trend is your friend.
> In fact, there may have actually been a partial sea change with most
of
>the pension (IRA, 401K, 403B, etc.) money now chasing stocks instead of
>fixed income securities.
>
>JimG
>-----Original Message-----
>From: Guy Tann <grt@xxxxxxxxxxxx>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: Tuesday, April 27, 1999 7:26 PM
>Subject: RE: Would you believe it?
>
>
>>JimG
>>
>>We had this first target a while ago, but I didn't post it because the
>>market keeps blasting through our targets. I hate to say it, but the
10750
>>is just our first step in the current move. If we can blow through here
>>convincingly, the next point we're looking for is that 11230. This is
hard
>>for me, the ultimate bear, to post. <VBG> I keep looking at all the
>reasons
>>why we should drop and the day never comes. <G>
>>
>>Watched John Bollinger today on NBC's financial channel and he was showing
>>with some graphs, earnings going down 1998 as compared to 1997, and 1999
>>dropping from the lower 1998. He was saying that if this keeps up, we
>could
>>conceivably have a correction later in the year. I guess I'm still a guy
>>who believes in fundamentals and assume that the market will correct, one
>of
>>these days. Until then, just keep going along for the ride.
>>
>>Regards
>>
>>Guy
>>
>>
>>-----Original Message-----
>>From: owner-metastock@xxxxxxxxxxxxx
>>[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
>>Sent: Tuesday, April 27, 1999 5:24 PM
>>To: metastock@xxxxxxxxxxxxx
>>Subject: Re: Would you believe it?
>>
>>
>>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
>>>>
>>>>
>>>>
>>>
>>>
>>>
>>>
>>
>>
>>
>>
>
>
>
>
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