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Taking a little profit



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List,

Well, we have another conflicting situation and we decided to play safe.  We
closed out all of our S&P futures at a profit and went to the sideline
because we got a SP39 short term sell signal for tomorrow morning, while we
still have a Buy signal on our intermediate term signal..

We still have our equities and our QQQ options, which we are trading
according to our longer-term signal.

Anyway, this information is worth exactly what you paid for it.  It's just
to show you what we've done.

CSCO met expectations and is down $5 the last time I looked.  According to
the rumors in Silicon Valley, CSCO didn't ship anything the last 3 days of
the month in order to meet (and not beat) expectations.  Looks like they
should have shipped.  Now, we don't own any CSCO at this time, so I have no
ax to grind, and no possible probability of gain.  We still own our MU, TSM
and those QQQ options.  I know my brother has PMCS as well and a couple of
other stocks, but he closed out his INTC way too early.  That was a great
buy in the $30s.

Good trading to all, and to all a good night.

Guy

Politicians and diapers have one thing in common. They should both be
changed regularly and for the same reason.