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Technology Stocks : Full Disclosure Trading -- Ignore unavailable to you. Want to Upgrade?

To: Sultan who wrote (1149)	7/12/2002 10:57:59 AM
From: Return to Sender	Respond to of 13403

OT: Good stuff Sultan. I will add what I think is appropriate this weekend to my own new rules. Presently I have a limit order to short 1000 shares of SLAB in place at 27.25. Will have to wait and see if they can get it there again today. RtS

To: Sultan who wrote (1149)	7/12/2002 11:27:33 AM
From: Return to Sender	Read Replies (2) \| Respond to of 13403

SLAB ST SS 1000@27.03 - Stock failed to rise to earlier high of day. Up over 5% today it has outdone the SOX by a lot. I don't believe that can continue. finance.yahoo.com stockcharts.com[h,a]daclyyay[pb50,200!d20,2][vc60][iUb14!Uk14!La12,26,9]&pref=G RtS

To: Sultan who wrote (1149)	7/14/2002 7:41:16 PM
From: Return to Sender	Read Replies (1) \| Respond to of 13403

Updated Investment Rules: 1.) Invest each dollar as if it were my last. 2.) The majority of all investments should be placed with the long term trend working in my favor. 3.) The long term trend now for technology stocks is down but that will change eventually. Trading candidates should be selected only from those stocks that I have followed long term. 4.) Semiconductor stocks are the area which I have followed most closely but other stocks will be considered. 5.) Watch for signs that the selling has reached capitulatory status: VIX reading approaching 60 - Huge volume days (NASDAQ 3 billion) with down volume outweighing up volume by a 9/1 ratio. 6.) Run daily charts (SOX Chart): stockcharts.com!d20,2%5D%5Bvc60%5D%5BiUb14!Uk14!La12,26,9%5D&pref=G Weekly charts (SOX Chart): stockcharts.com!d20,2%5D%5Bvc60%5D%5BiUb14!Uk14!La12,26,9%5D&pref=G And monthly charts ( SOX Chart) on every stock: stockcharts.com!d20,2%5D%5Bvc60%5D%5BiUb14!Uk14!La12,26,9%5D&pref=G 7.) Only invest short in stocks that have topped out by penetrating their upper Bollinger Band and reversing. These stocks will often initially have RSI's of 70 or more but in a down market they are hard to find so candidates can be selected with lower RSI's. 8.) Only invest long in stocks that obviously bottomed. Preferably stocks that have both penetrated lower Bollinger Bands which have traditionally low RSI's in the 30's or lower. Run the charts! 9.) Trade long only stocks where the most recognizable associated index has also bottomed and turned positive. 10.) Do not hold stocks through earnings announcements unless you are extremely confident that both earnings and guidance will be positive. Check earnings dates with Briefing.com. briefing.com 11.) Set stop losses of 5% on all stock positions. Let winners run but move stop losses higher to maintain your profits. A stock can turn lower rapidly while you are not even watching. 12.) Never marry a stock. Making money should be your mantra. A one dollar gain beats a loss any day. If you run the charts properly you will spend a great deal of time in cash but your investments will be much safer. 13.) Never go long just because a stock has fallen a long way. 14.) Never short a stock just because it looks overvalued. 15.) Don't trade too many stocks at one time. You can't watch them all closely enough to be effective. 16.) When you make a mistake recognize it early, close your position and move on. 17.) Remain confident as new opportunities will arise.