SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : DIGL... Digital Lightwave.... Making Waves....

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Susan G who wrote (800)5/20/2000 8:07:00 AM
From: Dr. Stoxx  Read Replies (1) of 934
 
DIGL UPDATE: (from the Befriend the Trend Trading thread)
200 shares traded on a $5800 margin account

Opening buy-and-hold price on 4/3/2000: 57.75

Note: trades 1-12 are backtested (papertrades)

1. Short: 57.75 to 57.125 = $105
2. Long: 57.125 to 64 = $1355
3. Short: 64 to 66.25 = ($470)
4. Long: 66.25 to 68 = $330
5. Short: 68 to 36.5 = $6280...a monster trade!
6. Long: 36.5 to 32 = ($920)
7. Short: 32 to 36.75 = ($970)
8. Long: 36.75 to 54.5 = $3530
9. Short: 54.5 to 44.125 = $2055
10. Long: 44.125 to 68.75 = $4905
11. Short: 68.75 to 61 = $1530
12. Long: 61 to 65.25 = $830

Note: the following trades were made with real money

13. Short: 65.25 to 57.88 = $1454
14. Long: 57.75 to 61.75 $780
15. Short: 61.625 to 61.25 $55
16. Long: 61.3125 to 62.75 $268
17. Short: 62.5 to 63.5 ($220)
18. Long: 63.5 to 66.75 $630
19. Short: 66.5 to...drop like a rock, DIGL!

Total profit = $21,527 (371% in 5 weeks!)
Actual cash profit = $2967 (51% in less than 3 weeks!)

Buy and hold: 5.3% gain
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext