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What's that? They made (saved?) money by not shipping? Are you saying they
did this to save on shipping costs or what?
Kent
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock User Group <metastock-list@xxxxxxxxxxxxx>
Date: Monday, November 06, 2000 8:55 PM
Subject: Taking a little profit
List,
Well, we have another conflicting situation and we decided to play safe. We
closed out all of our S&P futures at a profit and went to the sideline
because we got a SP39 short term sell signal for tomorrow morning, while we
still have a Buy signal on our intermediate term signal..
We still have our equities and our QQQ options, which we are trading
according to our longer-term signal.
Anyway, this information is worth exactly what you paid for it. It's just
to show you what we've done.
CSCO met expectations and is down $5 the last time I looked. According to
the rumors in Silicon Valley, CSCO didn't ship anything the last 3 days of
the month in order to meet (and not beat) expectations. Looks like they
should have shipped. Now, we don't own any CSCO at this time, so I have no
ax to grind, and no possible probability of gain. We still own our MU, TSM
and those QQQ options. I know my brother has PMCS as well and a couple of
other stocks, but he closed out his INTC way too early. That was a great
buy in the $30s.
Good trading to all, and to all a good night.
Guy
Politicians and diapers have one thing in common. They should both be
changed regularly and for the same reason.
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