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Re: a sword with two sides...............


  • To: <metastock@xxxxxxxxxxxxx>
  • Subject: Re: a sword with two sides...............
  • From: "Theo E.M. Lockefeer" <sky40912@xxxxxxxxx>
  • Date: Fri, 17 Dec 1999 00:34:39 -0800
  • In-reply-to: <01DC5E8C3F16D211B90400805FE69F7D0135C988@xxxxxxxxxxxxxxxxxxxx>

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<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>----- Original Message ----- </FONT>
<DIV><FONT face=Arial size=2>From: Samerski, Michael (Australia) &lt;<A 
href="mailto:msamerski@xxxxxxxxxxxxxxxxxx";>msamerski@xxxxxxxxxxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>To: &lt;<A 
href="mailto:metastock@xxxxxxxxxxxxx";>metastock@xxxxxxxxxxxxx</A>&gt;</FONT></DIV>
<DIV><FONT face=Arial size=2>Sent: December 16, 1999 11:50 PM</FONT></DIV>
<DIV><FONT face=Arial size=2>Subject: RE: a sword with two 
sides...............</FONT></DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=Arial size=2>&gt; Theo,<BR>&gt; When you say 'buy volatility', 
are you referring to buying OPTIONS </FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>No Michael just a number of 
observations in stocks</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2>while the<BR>&gt; underlier is 
volatile?</FONT></DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>I donīt&nbsp; understand this 
part of your remark.</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Theo</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>P.s.&nbsp; could you please give 
some examples of how</EM></STRONG></FONT></DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>you use Standard deviation and 
ATR ?</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT color=#008080 face=Arial><STRONG><EM>Thx</EM></STRONG></FONT></DIV>
<DIV>&nbsp;</DIV>
<DIV><FONT face=Arial size=2></FONT>&nbsp;</DIV>
<DIV><FONT face=Arial size=2><BR>&gt; &nbsp;<BR>&gt; Michael Samerski <BR>&gt; 
Metronome Trading Systems Pty Limited <BR>&gt; email : <A 
href="mailto:michael@xxxxxxxxxxxxxxxxxxxxxxxx";>michael@xxxxxxxxxxxxxxxxxxxxxxxx</A> 
<BR>&gt; www : <A 
href="http://www.metronome-trading.com.au";>http://www.metronome-trading.com.au</A><BR>&gt; 
&lt;<A 
href="http://www.metronome-trading.com.au/";>http://www.metronome-trading.com.au/</A>&gt;&nbsp;&nbsp; 
&lt;http://www.adtrader.com/&gt; 
The<BR>&gt; Financial Ad Trader<BR>&gt; <BR>&gt; <BR>&gt; &nbsp;<BR>&gt; 
<BR>&gt; -----Original Message-----<BR>&gt; From: Theo E.M. Lockefeer [<A 
href="mailto:sky40912@xxxxxxxxx";>mailto:sky40912@xxxxxxxxx</A>]<BR>&gt; Sent: 
Friday, 17 December 1999 0:37<BR>&gt; To: Metastock User Group<BR>&gt; Subject: 
a sword with two sides...............<BR>&gt; <BR>&gt; <BR>&gt; I studied 
volatility&nbsp; ( Standard Deviation) and noticed the following :<BR>&gt; 
&nbsp;<BR>&gt; Sometimes you can Buy Low Volatility and Sell High 
Volatility<BR>&gt; &nbsp;<BR>&gt; BUT&nbsp;&nbsp; (there's always a but friends 
:) )<BR>&gt; &nbsp;<BR>&gt; Sometimes you can Sell Low Volatility and Buy High 
Volatility<BR>&gt; &nbsp;<BR>&gt; so :&nbsp; don't get caught with this two 
sided sword..............<BR>&gt; &nbsp;<BR>&gt; &nbsp;<BR>&gt; Theo .<BR>&gt; 
</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Fri Dec 17 08:27:09 1999
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From: "Guy Tann" <grt@xxxxxxxxxxxx>
To: "Metastock" <metastock@xxxxxxxxxxxxx>
Subject: Hold on
Date: Fri, 17 Dec 1999 00:12:22 -0800
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List

Well I haven't made the trades yet, but we have a sell signal against our
trend.  I will check Bloomberg and see what's happening.  I might lighten up
on our positions, since the trade is against our trend.  Unfortunately, even
after today, we have to execute the trade, while hoping for the best.

My brother, who has stuck with his semiconductors for a while, actually made
a bunch today.  He will close out all of his positions and short some DIA,
QQQ and SPY while not shorting any individual stocks.

This trade is profitable, at least.  The reason I'm hesitant is because our
trend is still up, we have targets of 12040 for the DOW and 1550 for the
S&P.

Guy