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In a message dated 2/26/00 3:53:19 AM Pacific Standard Time, Candlestyk
writes:
<< Hi Jim, How did your latest trade pan out? Just curious. Thanks for
the posts.
RayF >>
**************
Hello Ray,...
Not to brag,...but this week was just fine,...made money every
day (using nothing but mutual funds). Last Fri 02-18 went long
the S&P500,..and on Tues 02-22 rotated to overseas (International
funds) using funds STISX,...AEPGX,...and TWIEX. Stayed with the
position each day (Wedn,..Thurs.,...EXITING Friday end of day) as
likely higher overseas market were indicated on each of those days
(using the methodology outlined in the paper on trading overseas
follow through). On Fri 02-25 exited EAFE ( overseas gains ranging
from + 3.64% for STISX to +1.83% for AEPGX, and would have been
higher if not for a rally in the currency on Fri) and went long the
S&P500 at the 1333.33 level which looks to be critical support,...
key retracement level of the advance from Late Oct to January leg up,
..etc. Surprised myself that I avoided the big leg down on Friday
unscathed and established exposure to the S&P500 again at a lower
level. I will exit S&P500 and go long overseas again whenever
overseas follow through is indicated as likely.
Thanks for the note,..and have a good weekend.
Regards, JIM
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