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Strategies & Market Trends : Attitude Alphabet Project
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To: ACAN who wrote (33)5/22/1999 5:19:00 PM
From: Doug R  Read Replies (2) of 670
 
Project results....Week 1.

symbol.......5/14 close.......week high (%).......week close (%)

AMPD 3 3/4 4 (6.6) 3 9/16 (-9.5)
AXAS 2 1/2 2 11/16 (7.5) 2 7/16 (-2.5)
BEAS 17 5/16 21 3/8 (23) 20 3/8 (17.7)
BVRTF 4 13/16 7 1/2 (55.8) 6 9/16 (36.3)
ECGO 2 1/4 2 1/2 (11) 2 (-11)
EGAM 4 1/8 4 1/2 (9) 3 9/16 (-13.6)
HH 17 1/4 19 (15.9) 18 5/16 (6.5)
HMTT 4 5/16 4 5/16 (na) 4 1/16 (-5.8)
HOFF 8 3/16 8 11/16 (6.1) 8 (-2.3)
HYPT 16 20 1/2 (28.1) 18 1/2 (15.6)
LAD 19 7/16 19 7/8 (2.2) 19 (-2.2)
LTG 4 3/8 5 (14.3) 4 11/16 (7.1)
LOCK 2 11/16 4 1/2 (67.4) 3 3/4 (39.5)
MGMA 3 15/16 4 (na) 3 1/2 (-11.1)
PATI 2 3/4 3 3/8 (22.7) 2 7/16 (-11.3)
PRTL 17 9/16 18 13/16 (7.1) 16 5/16 (-7.1)
RACE 5 6 5/16 (26.2) 5 (na)

Conclusions: All but 2 submitals saw higher prices during the week.
Be willing to put up with up to 7 to 10% initial drop if entering early.
After that...bail.
If able, wait for price to initially move over Friday close to enter.
Go with those that move over Friday close on volume.
Don't fail to take profits. Once the price is over Friday close,
use that price as initial stop and use trailing stops as the move up
progresses.
7 intraweek double digit % gains.
5 would have stopped out with no gain or small loss.
6 of 17 (35%) had intraweek move 20% or greater. That's very good.

For a first week...we kicked ass.
We'll only get better as we go forward.
Stay sharp...stick with what you've learned and know that works.
Let's make some serious money.

Doug R

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