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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?


To: jjkirk who wrote (4386)8/30/2000 7:55:35 PM
From: jjkirk  Read Replies (1) | Respond to of 13572
 
Don't mind me folks, I just need some mumble space here to recap the day at the jk corral. Any positive or negative comments will be gratefully accepted.

1. Dumped RMBS after calling it a money-leaving jitney on monday...better late than never...anyone who doubts Greg on this should go over to the RMBS thread and read Prophet and Zeeb?..I spell that right? Two days of a valiant fight, but still going down. The gap down did me in today. Another will drag more weak hands off the bus.
Intraday: askresearch.com

2. Sold SSTI...started to look a little lost down at the bottom of my chart. Having been the "victim" of more Greg top calls than I care to count, thought I would turn the tables on him and sold it at 1123 EDT. Chart shows little strength today but, as we shall see, what do I know?
Intraday: askresearch.com

3. Sold PPRO...looked like a classic pivot point run setup last night. Today, I was mindlessly excited about it until I read Greg's caution to Jill about the potential trouble at 60. Message 14299880
Then I saw it wavering and bouncing off 60 so I made another bold guess and sold at 1230 EDT. I have a "buy stop" @62 to catch the next wave up. It reached 61 today.
Intraday: askresearch.com

4. Held EMLX that I bought @ 127 on a mkt order during the fiasco not doing too well. What caused the last minute drop?
Intraday: askresearch.com

5. Review CMTN advice given yesterday. I saw no evidence from the chart that a bottom was in, but offered the following to jcm: If you have a good source of info, you may want to watch it for trading purposes, however, I think it needs to stabilize and base for awhile to regain
confidence. Barring any major turnaround in the news, I would not be a buyer until it got back to the 75 to 80 range.
Did I miss something on the daily chart? What turned it around? Help the boy here, someone! Anyway, I think it will be stronger at 70-75 if it gets there.
Intraday: askresearch.com

6. Badmouthed ARBA at 1321 EDT when I told Greg it would be the last of his software picks I would buy at that moment:http://www.siliconinvestor.com/readmsg.aspx?msgid=14301206
Thirteen milliseconds later, ARBA turned north for seven points.
Intraday: askresearch.com
I got so much egg on my face, won't need to cook for a week. Ha!

7. At 1410 EDT, I didn't give bp any short term encouragement on INAP. Message 14301703
As he said at 1557 EDT, it turned green up two. Then it fell a point...not too many up subcharts at the close, but what do I know? Anybody else like it? Bears watching...uh, bad choice of words. We should keep an eye on it.
Intraday:http://www.askresearch.com/cgi-bin/intraday?index=COMP&intraday=symbol&symbol=inap&exchange=USA&size=640x480&frequency=5+minute&type=Candle&color=Graph+Paper&scale=Logarithmic&moving=exponential&moving1=50+minute&moving2=None&moving3=None&bollinger=20+minute&ind_vol=on&ind_obv=on&ind_sto=on&sto=15-5-5&ind_wpr=on&wpr=12&ind_rsi=on&rsi=8&ind_macd=on&macd=12-25-9&ind_roc=on&roc=16-8&ind_mfi=on&mfi=13&refresh=180

8. Other bits and pieces for the day:

Bought GLW
Bought WFII
Bought LPTH

Win some, loose some, sometimes (like yesterday) it rains in Southern California.

jj@timeforthisoldman'snap.zzz