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Guy,
Looks to me like today was stronger than a "dead cat" bounce, but that
may be wishful thinking also <G>. I'm going to download my stock data and
look at the charts and then will nibble on one or two positions. I think we
are a long way from being "out of the woods", but today sure did look
hopeful.
JimG
----- Original Message -----
From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Sunday, April 16, 2000 10:07 PM
Subject: RE: New Buy Signal
> Well I already own a few of those. I bought JDSU when it was way down
> Friday as well as a couple of others. I think we might seen a dead cat
> bounce here, but that may be wishful thinking. Meanwhile the guru on the
> mount says he's got a buy for Monday.
>
> Guy
>
>
> -----Original Message-----
> From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On
> Behalf Of Jim Greening
> Sent: Saturday, April 15, 2000 11:11 AM
> To: metastock@xxxxxxxxxxxxx
> Subject: Re: New Buy Signal
>
> Guy,
> I hear you, but I'm sure going to try to do better <G>. I've been
> trying to figure out what to do from here. All my indicators tell me the
> bear is here, but my gut tells me that we just have to be near a bottom.
> The economy is just too good for a sustained bear market.
> Therefore I decided to pour over the charts and look for industry
> leaders in good sectors with good revenue and earnings growth. I also
> wanted stocks that were right at support levels. I came up with AMAT,
AOL,
> JDSU, MSFT, QLGC, RDC, RFMD, and SCH. I had to fudge on earnings a little
> with JDSU, but its prospects are good <G>. I'll post their charts to my
web
> site http://www.geocities.com/jimginva/ later today.
> My thought is to sit and watch Monday and see what happens. Then
later
> in the week if it looks promising, I'd nibble on one or two of those that
> looked like they had turned up but were still close to their stops so my
> risk would be low. I'll continue with that strategy until the dust
clears.
>
> JimG
>
> ----- Original Message -----
> From: "Guy Tann" <grt@xxxxxxxxxxxx>
> To: <metastock@xxxxxxxxxxxxx>
> Sent: Friday, April 14, 2000 9:49 PM
> Subject: RE: New Buy Signal
>
>
> > JimG
> >
> > If we didn't second guess our rules, we wouldn't be human. We still
> haven't
> > learned. :)
> >
> > Guy
> >
> >
> > -----Original Message-----
> > From: owner-metastock@xxxxxxxxxxxxx
> [mailto:owner-metastock@xxxxxxxxxxxxx]On
> > Behalf Of Jim Greening
> > Sent: Friday, April 14, 2000 3:11 PM
> > To: metastock@xxxxxxxxxxxxx
> > Subject: Re: New Buy Signal
> >
> > Guy,
> > Nope, you have to stick to your system. You've been doing a much
> > better job of that then I have been lately. I got hurt more on this
> > pullback then I should have by second guessing on some stops and not
> leaving
> > as soon as I should have. I also entered some positions too far away
from
> > my stops and accepted more risk than was necessary. Both no, nos in my
> > system. Maybe I'll learn one of these days <G>.
> >
> > JimG
> >
> > ----- Original Message -----
> > From: "Guy Tann" <grt@xxxxxxxxxxxx>
> > To: <metastock@xxxxxxxxxxxxx>
> > Sent: Friday, April 14, 2000 6:37 AM
> > Subject: RE: New Buy Signal
> >
> >
> > > Oops.... Should I have waited?????
> > >
> > > Guy
> > >
> > >
> > > -----Original Message-----
> > > From: owner-metastock@xxxxxxxxxxxxx
> > [mailto:owner-metastock@xxxxxxxxxxxxx]On
> > > Behalf Of Guy Tann
> > > Sent: Friday, April 14, 2000 12:26 AM
> > > To: Metastock User Group
> > > Subject: New Buy Signal
> > >
> > > List,
> > >
> > > I know that everyone has been waiting for this :) but we're going long
> on
> > > Friday. Ta Taaaaa
> > >
> > > Let the games begin. We'll be buying S&P futures as well as the
> following
> > > stocks. My brother and I spent 3 hours tonight picking these babies,
so
> I
> > > hope they don't disappoint. We are not jumping in with both feet
> though.
> > > Playing cautious. I originally started buying more, but went back and
> > > changed my orders so that I will be only 25% invested (of available
> margin
> > > funds). I figure, this way I limit my risk if my signal is wrong, and
> > also
> > > provide myself with an opportunity to buy more should the market look
> > good.
> > >
> > > Here is the list of stocks we're buying:
> > >
> > > TER
> > > ATML
> > > INTC
> > > LLTC
> > > HLIT
> > > SFA
> > > TXN
> > > QCOM
> > > AMCC
> > > ORCL
> > > HWP
> > > IBM
> > > CSCO
> > >
> > > We've tried to spread our exposure in those groups we're most
> comfortable
> > > with. Heavy exposure to the semi conductors, etc.
> > >
> > > Anyway, I would like to think that now that we're in agreement with
> Steve
> > K.
> > > and JimG, we're all in sync. Maybe working together we can stop this
> > slide,
> > > at least for a while. :)
> > >
> > >
> > >
> > > Guy
> > >
> > >
> > >
> > >
> >
> >
>
>
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