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<DIV><FONT color=#000000 size=2>Hi Dan:</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>I try not to have opinions on the market, but since you asked.
d8^) Right now the market seems to be a dangerous place to be long (refer
to JimG and Adam's post) yet Guy Tann appears to be on the verge going
long in this market. I'm very nervous about the short term prospects for a
positive advance and wouldn't be the least bit surprised to be letting AOL go in
the next day or two.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2>That being said, MU closed at 71.00 on Friday
and the Bull Fear level is at 72.88. Right now the stock is in what Walter
Downs described as the Point of Balance Region between the Bull and Bear Fear
(66.84) levels. If MU were to close above 72.88, with a sufficient
Directional Movement number, I would consider that a buy. However, with
the market in its current condition and the S&P 500 and DJIA both below
their 200 day MA's, I may just sit this one out and watch from the sidelines for
awhile. It won't kill me if I miss a trade or two until things turn
around. The B&B Fear system is definitely a trend following system
and, if we are going into a full fledged Bear Market, I'm not going to swim
against the tide.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT size=2>It is interesting to watch what is going on in the market
right now. As I've said previously, I'm a poor trader. I let my 401K
handle my retirement money and the account I trade is relatively small. It
is interesting to watch current events unfold and see the value of using short
positions to hedge a portfolio against dramatic drops such as we've had this
week.</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV><FONT size=2>Good Trading</FONT></DIV>
<DIV><FONT size=2>Jeff</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Dan <w4tq@xxxxxxxxxx><BR><B>To:
</B>metastock@xxxxxxxxxxxxx <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Friday, October 15, 1999 9:39 PM<BR><B>Subject: </B>Re: B&B Fear
Alert<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 size=2>Hi Jeff,</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT><FONT size=2>I shorted MU. I was
prepared to risk about 10%, so todays rise didn't stop me out. I think
that the market will drag it down. Any opinions?</FONT></DIV>
<DIV><FONT size=2>Dan</FONT></DIV>
<DIV><FONT size=2></FONT> </DIV>
<DIV> </DIV>
<DIV><FONT face=Arial size=2><B>-----Original Message-----</B><BR><B>From:
</B>Jeff <<A
href="mailto:jcob3@xxxxxxxxxxx";>jcob3@xxxxxxxxxxx</A>><BR><B>To: </B><A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A> <<A
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>><BR><B>Date:
</B>Thursday, October 14, 1999 8:29 PM<BR><B>Subject: </B>B&B Fear
Alert<BR><BR></DIV></FONT>
<DIV><FONT color=#000000 size=2>Not a great week to be long. AOL did
alright today and bounced back some but BBY crossed the Bear Fear level of 63
3/16, and I'll have to let it go at the open tomorrow. Shame because it
didn't drop out until right at the end. This one of those that my wife
just doesn't understand. She would tell me to hold onto and wait for it to
come back, and I can never quite satisfy her with the concept of cutting losses
short and letting profits run.</FONT></DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT> </DIV>
<DIV><FONT color=#000000 size=2></FONT>
<TABLE border=0 cellPadding=2 cellSpacing=0 width=539>
<TBODY>
<TR>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=left>My Positions</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=20%>
<P></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Stock</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Entry Date</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Price</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Exit Date</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Price</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>% Gain/Loss</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>AOL</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>09/27/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>99.50</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>115</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>15.58</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>BBY</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>10/08/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>65.94</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>63</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>-4.45</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=20%>
<P></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>B&B Fear Positions</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=20%>
<P></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Stock</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Entry Date</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Price</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Exit Date</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>Price</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>% Gain/Loss</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>AEOS</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>09/07/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>46.44</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>45.63</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>-1.74</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>MU</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>07/02/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>43.00</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>10/13/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>67.75</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>57.56</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>EMC</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>08/16/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>59.44</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>70.06</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>17.87</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>CMGI</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>09/28/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>98.00</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>104.3</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>6.43</FONT></P></TD></TR>
<TR>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>CSCO</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>09/30/99</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>67.38</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=16%>
<P></P></TD>
<TD bgColor=#ffffff height=16 width=16%><FONT color=#000000>
<P align=center>69.39</FONT></P></TD>
<TD bgColor=#ffffff height=16 width=20%><FONT color=#000000>
<P align=center>2.98</FONT></P></TD></TR></TBODY></TABLE></DIV></BODY></HTML>
</x-html>From ???@??? Sat Oct 16 08:10:39 1999
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From: "Jeff Ledermann" <j.ledermann@xxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Subject: Combining ancient mathematics with modern indicators
Date: Sat, 16 Oct 1999 23:29:57 +1000
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Status:
Just like to take this opportunity to publicly commend Steve on his
excellent site http://www.abbracadabra.com/cybercast and his unique
daily commentary delivered in dead-pan style.
I for one am learning heaps and making money while I'm at it.
On Thursday Steve annotated "Beware of the dark cloud covering".
I closed out my Dec Cotton Friday morning, following the
Cybercast trade closely for a very handy $1250/contract in 6 days.
The FibCMO provided clear signals once again.
The horizontal red lines are from Fibonacci Tool - thanks Ken.
Currently long Dec Wheat at an average 254 and looking for a good
entry for Dec Corn. Check it out if you trade this stuff...
Jeff
(from Down Under)
Attachment Converted: "c:\eudora\attach\DecCT.gif"
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