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RE: Careful - is that a sell lurking in the bushes?


  • To: <metastock@xxxxxxxxxxxxx>
  • Subject: RE: Careful - is that a sell lurking in the bushes?
  • From: "Guy Tann" <grt@xxxxxxxxxxxx>
  • Date: Fri, 2 Jun 2000 09:19:35 -0700
  • In-reply-to: <2415945969.20000601231100@xxxxxxxxxxxxx>

PureBytes Links

Trading Reference Links

Mark

Like I posted last night, we're still holding long.  We'll see what happens
as we get to 15 minutes of the close.  At that point we might calculate our
contrary to see what the number is and make a decision then.  If it finishes
really strong, we'll stay with it and see what happens on Monday.  We're
waiting for the rest of our sell signal.

What's scary (in a good way) is that we can make so much money in 4 days,
not that I'm complaining.  As you know, this market can take it all away
from you in the blink of an eye.  My brother had days like this in January
and February, but since I started trading equities the first week of April,
we haven't seen one.  Going long on both of the 2 biggest down days in
NASDAQ history didn't help and I lost about 14% of my equity capital in the
first trade's 24 hours.  I panicked with my first trade, and closed out half
of the positions for a real loss.  Should have held on.  Since then my
equity account at Schwab is currently up over 17% overall as of 8AM my time
this morning.  This week has been a big help.

Guy

Paranoia...you only have to be right once to make it all worthwhile!

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Mark Brown
Sent: Thursday, June 01, 2000 9:11 PM
To: Guy Tann
Cc: Metastock User Group; metastock@xxxxxxxxxxxxx
Subject: Re: Careful - is that a sell lurking in the bushes?

Hello  Guy,

GT> I'll post our decision after we place the trades sometimes tomorrow.

i  was  wondering  if  you could post the trade (if you make one) just
after   you   make  it  (like  minutes  latter)? i promise i'll resist
the temptation to jump in after you and turn the market. ; - )

GT> Paranoia...you only have to be right once to make it all worthwhile!

yea thats why i'm paranoid!
--
Best regards,
  Mark Brown   mailto:markbrown@xxxxxxxxxxxxx
  Y = Offset + Amplitude * sin(Frequency * X)


ps thanks for the 10 or so copies of the spreadsheet you posted to the
metastock  list, but next time only one would do and you could send it
privately if you wish to those that requested it.  those who requested
it could also have asked for it privately instead of all this childish
me too, me too, baa baa sheep stuff.