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Re: Wall Street



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Michael,
     We may have been a little early on TRV, but I've found that it is always better to take my profit or sell covered calls when my target is hit.  Since I was in LEAP calls, I took my profit.  I still think TRV is a great company and will look to get back in on a pullback to the bottom of the channel.
     Best of luck on VRC.  I think you have a winner there.  Fidelity should be done bailing out of the oil drillers which depressed them the past few weeks.  I've been watching RDC for a good entry point and think we may have gotten it yesterday.  It looks like it broke out of its short term down trend.  I'll look at it closely this weekend.  My NPD is hovering close to its stop and I may just close it and switch to RDC as a better opportunity at this point.

Jim
-----Original Message-----
From: michael.arnoldi@xxxxxxxx <michael.arnoldi@xxxxxxxx>
To: metastock-list@xxxxxxxxx <metastock-list@xxxxxxxxx>
Date: Wednesday, December 03, 1997 11:45 PM
Subject: a trading day


>TRV closed out my long position today, after getting sell signals from my
>cci(8) divergence signal, sequential 9 sell & price above bollinger top
>band. i am probably early- but it's better than late.
>jim, i got your posting about ypur similar decision to sell TRV.
>i am still holding VRC splitting 2:1 on the 5th DEC. - it moved real well
>today. 
>mike
>