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Technology Stocks : INTEL TRADER
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To: smolejv@gmx.net who wrote (4724)11/27/1998 1:44:00 PM
From: Berney  Read Replies (1) of 11051
 
DJ, Thanks for the cite and the site.

Those are some impressive numbers. If I get this system automated I'll add it to the watch list. Right now it takes me about two hours each night to update the spreadsheet on the 17 stocks I'm following.

Hope our US dudes had a great bird day. Any excuss for family to come to get to celebrate life is fine in my book.

We ate BAMBI (just kidding). I call the new indicator BASIC. The problem with BAMBI was that it just pointed to market direction and I have come to understand that I can just track OEX and get the same, if not better, results.

BASIC is more of a stock timing tool. It gave me a buy signal on the rodent (DIS) on the Wednesday close. Having gained confidence in the signal, I put in the order to buy 1,500 shares on the open (filled at $31). Plan to ride it until I get a sell signal on the stock or the market.

Wednesday I also went back into CCI at $51 3/4. Should not have gotten out and the indicator is still very strong. Again, I think the confidence in the indicator will help me ride the waves much better.

Now, I get to see if the indicator gets me out at a good point. I think it will, but don't have the resources to back test it, so the test is going to be live.

We'll See!

Berney
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