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<DIV><FONT face=Arial size=2></FONT> </DIV>
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<DIV><FONT face=Arial size=2>List,</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>where are we now ? (27/04/2000)</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>1) NASDAQ :</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2> 24-4 we had a buy signal
.</FONT></DIV>
<DIV><FONT face=Arial size=2> Hold-3 is
situation.</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>2) the position :</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Stopped OUT at $13.50 :</FONT></DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2>Although we are still in a bottomphase and an
upwards</FONT></DIV>
<DIV><FONT face=Arial size=2>move is very possible : i am out and since not
much</FONT></DIV>
<DIV><FONT face=Arial size=2>time left for holiday : that was this not
succesfull investment.</FONT></DIV>
<DIV><FONT face=Arial size=2>The end of the QTRN story folks !!</FONT></DIV>
<DIV><FONT face=Arial size=2>Not broke :)</FONT></DIV>
<DIV><FONT face=Arial size=2>Still looking for a good
stoplosssystem.</FONT></DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
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<DIV><FONT face=Arial size=2> <FONT color=#800080
size=3><STRONG><EM>Stoploss level $13.50.</EM></STRONG></FONT></FONT></DIV>
<DIV><FONT face=Arial size=2>System tells we are still in a buy
phase............</FONT></DIV>
<DIV><FONT face=Arial size=2> </FONT></DIV>
<DIV><FONT face=Arial size=2>Will study an adaption of this level</FONT></DIV>
<DIV> </DIV>
<HR>
<DIV><FONT face=Arial size=2>QTRN : (27/04/2000) $
14.00</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT> </DIV>
<DIV><FONT face=Arial size=2>HOLD-14 is the situation. (Buy still possible but
donot wait).</FONT></DIV>
<DIV> </DIV>
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<DIV><FONT face=Arial size=2>SL : $13.50 (no change).</FONT></DIV>
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<DIV><FONT face=Arial size=2>So : Over and Out.</FONT></DIV>
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<DIV><FONT color=#008080 face=Arial><STRONG><EM>Theo
Lockefeer</EM></STRONG></FONT></DIV>
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</x-html>From ???@??? Thu Apr 27 22:52:12 2000
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From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: RE: Another Day, Another Trade - Going Short!
Date: Thu, 27 Apr 2000 22:09:14 -0700
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Status:
Kevin
We're strictly mechanical traders. No discretion. Now, The last two trades
we were better pulling the trigger at the close rather than the open, but
otherwise for the last 20 years, we've been better off executing on the open
with our system. Granted the last two trades made money, but with the big
move against us that first day, we left some big bucks on the table.
We don't do any intraday trading at all, other than exiting positions if we
want to take some money off the table. We take positions and hold them
until we reverse. It's very rare that we are not in the market either long
or short. We've never been any good at watching the market and trading
intraday. We do a lot better placing our orders and going to the golf
course to play a round. That way we don't do anything stupid.
On the short side, we trade strictly the QQQ, DIA and the SPY as well as our
S&P futures. For our buys, we have been trading a mini-portfolio of stocks
plus the S&P, concentrating in those industries we know best. We don't buy
any of the .COM non-companies. That's like trying to hit a number on the
big wheel in Vegas, IMHO.
I have to admit, that my first foray into trading stocks occurred on the
biggest down day in NASDAQ history (4/3). I chickened out and closed half
of my positions and took a very expensive lesson. If I stayed true to my
system, I would have made a bunch. So my next buy was on the day that
became the NASDAQ's biggest down day ever (4/18 I think). That time, I
turned off the TV and ignored it completely. Within a couple of days I was
in the black. On this last short, I only entered with half of my capital on
the short side. When it went against me I added to my positions. I still
have some cash available, so if I get an opportunity, I might short some
more.
Guy
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Kevin243@xxxxxxx
Sent: Thursday, April 27, 2000 4:06 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Another Day, Another Trade - Going Short!
Congrats on your signal. Are you mechanical or discretionary or both?
Do you use intraday signals for the trade or are you taking a position for
the day?
Did you hold your breath on QQQ in the morning or just pulled the trigger?
Kevin Campbell
In a message dated 4/25/00 1:19:03 AM Central Daylight Time,
grt@xxxxxxxxxxxx
writes:
> List,
>
> Rather than post our internal family newsletter and our summary
spreadsheet,
> I'm just posting our latest signal.
>
> We're going short in the morning. We are selling all of our stocks and
> shorting the SPY, DIA and QQQ. Use this information at your own risk.
>
> This is just what we're doing.
>
> Our S&P trading system, since October 11, 1999 (the date when we started
our
> little family newsletter to publicly post our trades and actual results,
not
> when we started trading it) is running 81.82% correct with 9 winners and
2
> losers, in the last 6 months. Total number of points of profitability,
> trading 1 e-mini S&P contract, is 400.20. At $50 a point, that's $20,010
> net profit before approximately $300 fees and commissions. Margin for
> trading 1 e-mini S&P contract is $4,688. We maintain much more than that
in
> order to satisfy our money management requirements. These P&L numbers
are
> before our fills tomorrow morning. If this trade remains profitable
> (according to GLOBEX) we'll be 83.33% profitable.
>
> Guy
>
>
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