[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

Re: MidWeek Pick



PureBytes Links

Trading Reference Links

<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>

<META content=text/html;charset=iso-8859-1 http-equiv=Content-Type><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN"><!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN">
<META content='"MSHTML 4.71.1712.3"' name=GENERATOR>
<STYLE></STYLE>

</HEAD>
<BODY bgColor=#ffffff>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#000000 face=Arial size=2>Hi Jim&nbsp; (and metastock- friends) 
:</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#000000 face=Arial size=2>1)&nbsp; Nice site you 
have.</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>2)&nbsp; About your midweek -pick :</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp; Your saying : finally 
ready to take off again :</FONT></DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; according to 
indicators I use It took off 06/28 at $ 57,00</FONT></DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Now (07/27 data) 
it's a not so strong Hold.</FONT></DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I could be sold at 
07/16 at $67,00</FONT></DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; nice profit of 17,5 
% in about 1/2 month's time.&nbsp; </FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Can 
you comment on that ?&nbsp; (not the profit :)&nbsp; but the indicators you 
use)</FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 
Thanks</FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#000000 face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Have a 
nice trade </FONT></DIV>
<DIV><FONT color=#000000 face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Theo</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>P.s.&nbsp; on 07/17 I got a 
volume-indicator-sell&nbsp; </FONT></DIV>
<BLOCKQUOTE 
style="BORDER-LEFT: #000000 solid 2px; MARGIN-LEFT: 5px; PADDING-LEFT: 5px">
    <DIV><FONT face=Arial size=2><B>-----Oorspronkelijk 
    bericht-----</B><BR><B>Van: </B>Jim Greening &lt;<A 
    href="mailto:JimGinVA@xxxxxxxxxxxxx";>JimGinVA@xxxxxxxxxxxxx</A>&gt;<BR><B>Aan: 
    </B>Metastock &lt;<A 
    href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;<BR><B>Datum: 
    </B>July 28, 1999 02:49<BR><B>Onderwerp: </B>MidWeek 
    Pick<BR><BR></DIV></FONT>
    <DIV><FONT size=2>&nbsp;<FONT size=3>All,</FONT></FONT></DIV><FONT size=2>
    <P class=MsoNormal><SPAN 
    style="FONT-SIZE: 12pt; mso-bidi-font-size: 10.0pt"><SPAN 
    style="mso-spacerun: yes">&nbsp;&nbsp;&nbsp;&nbsp; </SPAN>INTC at 67.56 
    looks to me like it is finally ready to take off again.<SPAN 
    style="mso-spacerun: yes">&nbsp; </SPAN>It broke out of its Intermediate 
    Term Down Trend Channel (ITDTC) a month ago and rose to the top of its Short 
    Term Up Trend Channel (STUTC) a little over a week ago.<SPAN 
    style="mso-spacerun: yes">&nbsp; </SPAN>The top of the STUTC is at 75 
    &frac12; and the bottom at 64 3/8.<SPAN style="mso-spacerun: yes">&nbsp; 
    </SPAN>INTC fell back to the bottom of the STUTC yesterday and bounced 
    strongly up today.<SPAN style="mso-spacerun: yes">&nbsp; </SPAN>The long 
    term StochRSI is positive and the short term just made a negative peak.<SPAN 
    style="mso-spacerun: yes">&nbsp; </SPAN>I expect it to rise and break to a 
    new all time high some time this week.<SPAN style="mso-spacerun: yes">&nbsp; 
    </SPAN>I&rsquo;m going to open a position at tomorrow&rsquo;s open and set 
    my stop just under the STUTC at 63 &frac34;.<SPAN 
    style="mso-spacerun: yes">&nbsp; </SPAN>Since I think INTC is ready for a 
    good run, I&rsquo;m not going to set a target.<SPAN 
    style="mso-spacerun: yes">&nbsp;</SPAN></SPAN></P>
    <P class=MsoNormal><SPAN 
    style="FONT-SIZE: 12pt; mso-bidi-font-size: 10.0pt"><SPAN 
    style="mso-spacerun: yes">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; See chart at <A 
    href="http://www.geocities.com/WallStreet/Highrise/1025/";>http://www.geocities.com/WallStreet/Highrise/1025/</A></SPAN></SPAN></P>
    <P class=MsoNormal><FONT size=2><SPAN 
    style="FONT-SIZE: 12pt; mso-bidi-font-size: 10.0pt"><SPAN 
    style="mso-spacerun: yes">JimG</SPAN></SPAN></FONT></P>
    <P class=MsoNormal><SPAN 
    style="FONT-SIZE: 12pt; mso-bidi-font-size: 10.0pt"><SPAN 
    style="mso-spacerun: yes">&nbsp;</SPAN><?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /><O:P></O:P></SPAN></P></FONT></BLOCKQUOTE></BODY></HTML>
</x-html>From ???@??? Fri Jul 30 09:11:05 1999
Return-Path: <majordom@xxxxxxxxxxxxxxxxxx>
Received: from listserv.equis.com (listserv.equis.com [204.246.137.2])
	by purebytes.com (8.8.7/8.8.7) with ESMTP id IAA03322
	for <neal@xxxxxxxxxxxxx>; Fri, 30 Jul 1999 08:54:21 -0700
Received: (from majordom@xxxxxxxxx)
	by listserv.equis.com (8.8.7/8.8.7) id XAA14273
	for metastock-outgoing; Fri, 30 Jul 1999 23:44:39 -0600
X-Authentication-Warning: listserv.equis.com: majordom set sender to owner-metastock@xxxxxxxxxxxxx using -f
Received: from freeze.metastock.com (freeze.metastock.com [204.246.137.5])
	by listserv.equis.com (8.8.7/8.8.7) with ESMTP id XAA14270
	for <metastock@xxxxxxxxxxxxxxxxxx>; Fri, 30 Jul 1999 23:44:37 -0600
Received: from mtiwmhc05.worldnet.att.net (mtiwmhc05.worldnet.att.net [204.127.131.40])
	by freeze.metastock.com (8.8.5/8.8.5) with ESMTP id JAA14886
	for <metastock@xxxxxxxxxxxxx>; Fri, 30 Jul 1999 09:32:41 -0600 (MDT)
Received: from micron ([12.73.226.122]) by mtiwmhc05.worldnet.att.net
          (InterMail v03.02.07.07 118-134) with SMTP
          id <19990730151907.HJAK5731@xxxxxx>
          for <metastock@xxxxxxxxxxxxx>; Fri, 30 Jul 1999 15:19:07 +0000
Message-ID: <005d01beda9e$d19d7dc0$a6befea9@xxxxxx>
From: "Lionel  Issen" <lissen@xxxxxxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
References: <05391276515501@xxxxxxxxxxxx>
Subject: Re: Norman and sugar
Date: Fri, 30 Jul 1999 09:48:37 -0500
MIME-Version: 1.0
Content-Type: text/plain;
	charset="iso-8859-1"
Content-Transfer-Encoding: 7bit
X-Priority: 3
X-MSMail-Priority: Normal
X-Mailer: Microsoft Outlook Express 5.00.2615.200
X-MimeOLE: Produced By Microsoft MimeOLE V5.00.2615.200
Sender: owner-metastock@xxxxxxxxxxxxx
Precedence: bulk
Reply-To: metastock@xxxxxxxxxxxxx
Status:   

Steve:

What is the Coppock curve?

Lione Issen
----- Original Message -----
From: Steve Karnish <kernish@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, July 30, 1999 12:35 AM
Subject: Norman and sugar


> Realtraders & MSers,
>
> For two months this spring, I promised myself everyday if sugar dipped
> below 4 cents that I would buy two contracts. If it proceeded to dip
below
> 3 cents, I would buy two additional contracts and was prepared to pick up
a
> couple more below 2 cents.  On 4/28 I filled at 3.98 and 4.06 in July.
The
> following day affected a number of technical indicators.  The candles
> signaled a nice variation of a three day "morning star" pattern (with a
> nice hammer in the middle).  I monitor about eight momentum indicators
and
> even the slow moving (but, quite directional) Coppock Curve turned up.
On
> 4/30, after staying up to midnight calling anyone who would listen, I
> bought July contracts all during the session, filling between 4.36 and
> 4.52.  I rolled to October contracts when volume started to exceed
Julys'.
>
> For the more agressive traders, I sold between 6.20 and 6.50 and bought
> back in the 5.40 to 5.50 range.  The majority of my folks want to ride
this
> one into the sunset.  I guess when you get people all whipped up about
> sunspots, La Nina and 50 and 70 cent sugar, it's hard to get them to
cover
> their long positons.  Norman makes a great point:  how much risk does one
> have with 4 cent sugar?   Also, use all the tools in the toolbox.
Candles,
> momentum oscillators, fib retracements, and common sense (and if throwin'
> the bones helped, I'd be doin' it) go a long way to make this one of
those
> memorable position trades.  I'm mostly a "holy grail" mechanical swing
> trader and I'm seldom in a position for more than 5 days...but there are
> times when the risk to reward calls for position trading:  crude in
> December, unleaded in February, sugar in April, ... wheat in August (is
it
> really going to two bucks)?
>
> Steve Karnish
> CCT