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<DIV><FONT color=#000000 size=4>IMHO, there is still more upside action to come
in this rally. Notice I did not say what would happen at the end of the
rally or when it would stop. I base my conclusions strictly on
3 pieces of information obtained from AIQ and not my gut feelings (which usually
end up wrong).</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT> </DIV>
<DIV><FONT color=#000000 size=4>1. Presently on a AIQ buy Signal 96-4 from
4 days ago.</FONT></DIV>
<DIV><FONT color=#000000 size=4>2. Tonights WAL is extremely bullish
95-5</FONT></DIV>
<DIV><FONT color=#000000 size=4>3. Tonights US is also extremely bullish
at 98-2</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT> </DIV>
<DIV><FONT color=#000000 size=4>Two weeks ago we got back to back AIQ buy
signals and since then we got the 554 point drop, BUT no AIQ sell signal.
I think we will get a substantial bounce with some backfilling along the way
until something happens that causes a AIQ sell signal. So far (I repeat SO
FAR), AIQ has kept us on the long side of the market. Who knows what will
happen in the future but I stayed long during last weeks volatile decline due
solely to the fact that there was no AIQ sell signal.</FONT></DIV>
<DIV><FONT color=#000000 size=4></FONT> </DIV>
<DIV><FONT color=#000000 size=4>BTW, Cisco Systems will report earnings tomorrow
after the close. I think I heard est earnings of .58 vs .47 quarter year
ago. </FONT></DIV></BODY></HTML>
</x-html>From ???@??? Mon Nov 03 16:39:13 1997
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From: "J.P. Oliver" <tropinc@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: ADMIN: Kwong's Rules for Survival on RealTraders
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Status:
bill wolfe wrote:
> Eddie Kwong wrote:
>
> > 1. If you're right about something. Don't brag about it.
>
> > 2. If you post an idea that turns out to be right but
> don't brag about it,
> > you will earn more respect from the rest of us.
>
> Everytime my analysis was correct I made money. Then I
> would brag and it
> never fails---I immediately get slammed for a loss bigger
> than my
> profits. No more bragging from me! I'm not supersticious
> but I think it
> jinxs me.
> Good trading,
> Bill Wolfe
Dear Bill and RT'ers:
My experience is the same. There must be some kind of
natural "jinx" law that punishes gloating over market plays.
It is the same law that causes open-position profits to melt
away the minute you start counting them!
Jim Oliver
San Francisco
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