RE: Would you believe it?

["Guy Tann" <grt@xxxxxxxxxxxx>]

JimG

Our intermediate term uptrend seems to still be in effect.  I think we have
a couple of things to watch for.


The following are our targets, assuming that our estimating is anywhere near
accurate:

	1st target-	10750 (already achieved)*
	2nd-target-	11230
	3rd-target-	11950

2-  Also, the actual new high for 4/19 was 10766 which was the 24th new high
on our "New-High-O-Meter". <BG>

This is one of the points we like to watch.  The 32nd new high will be of
interest...  At least to us. <G>

Regards

Guy

* This was why we decided to go ahead with our short, hoping for some sort
of reaction to the down side. <G>

-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx
[mailto:owner-metastock@xxxxxxxxxxxxx]On Behalf Of Jim Greening
Sent: Monday, April 26, 1999 5:56 PM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Would you believe it?


Guy,
     Just got back and I'm trying to catch up on mail.  Hope this one pays
off for you.  I didn't like the market just before I left and went to all
cash except for my LEAP options.  I did nibble a little on vacation by
jumping back into Schwab Tuesday afternoon after Monday's drop, but that's
all I did.  Was having too much fun to really watch the market.  Now I'll
have to buckle down and get back in.  I'm still on the long side but will
probably mix a few value plays with my usual momentum big cap plays.

JimG
-----Original Message-----
From: Guy Tann <grt@xxxxxxxxxxxx>
To: Metastock <metastock@xxxxxxxxxxxxx>
Date: Thursday, April 22, 1999 10:03 AM
Subject: Would you believe it?


>JimG
>
>Who would have thought that last trade would have turned a profit,
>considering the way it started out? <G>
>
>Went short this morning near the open.  Just following the system and
>holding on for dear life. <G>  Remember, out Intermediate trend is still
up,
>so we'll have to be nimble here (hard for me at my age <BG>).  If
>opportunity knocks again, we'll grab 20 to 40 S&P points and run.  That
>second to last trade knocked our return down to slightly over 20% for the
>year, otherwise we'd be at a 50% return.
>
>Hope you had a great vacation and missed all of the ups and downs of the
>market.
>
>Guy
>
>
>