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Re: New Buy Signal



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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
>
>
>
>