To: Berney who wrote (7150 ) 10/22/1999 11:58:00 AM From: MonsieurGonzo Read Replies (3) | Respond to of 11051
TB:" just so stories " >>I can't make no hard shot... >Man, you got to listen to the Shoe. ...laffin' here, Berney; can't ever recall a time when we were so loose with the VIX.X over 30. whew ! silly BKX ! I saw the chart tellin' me to bet that bounce... knew that the BKX/XBD/IUX BigBoyz were pushing Gramm and Clinton pretty hard to get that bill out of committee. Completely counter-intuitive in the face of the likelihood of NOV rate adjustment, as Paul pointed out. I have no NF.X trading positions, though. I'll have to make do with the "1x" quantity of C and MWD added to CORE stox on the SnP triggered dip . There's something to be said for (classical accumulation) taking "1x" = ~10% of investment kapital, just sucking it up and blindly buying on that ~10% dip, with the intention of stepping up to the plate again, buying "2x" = twice as much $ amount at, say 5~10% lower levels. With the trading kapital held in cash = MoneyMarket, it is in effect similar to a bullish-bias ratio backspread hedge. Forget T/A, just thinking F/A... if you were to take 10% of the phleet, say, one battlewagon, and just buy CORE (stock) investments at SnP = SPY ~126 trigger, in all the sectors, what stox would you have bought ? iow, invite you to fill in the blanks, folks :TXX.X - Tech Sector = _______________GTB.X - Global Telcos = _______________RLX.X - Retail Sector = _______________BKX/XBD/IUX - Financial Sector = _______________DRG/BTK - Drugz & BioTechs = _______________XOI/OSX/UTY - Energy Sector = _______________ ...no, I don't have any "industrials" sector listed. If chosen, consider GE, similar = "financial"; and DD, similar = "energy" allocations; and TWX/VIA/DIS similar media or FDX, similar trans = "retail". -Steve