To: toothdock who wrote (8903 ) 5/2/1998 9:49:00 AM From: LastShadow Respond to of 120523
Position Trading Account: I will exit TEAM and VVUS at open Monday for market price. That will leave about $10,000 cash in the account. Account is up $8500, or 24.3% since 3/1/98 Remaining stocks are as follows: SYMBL PRICE SHARES CLOSE COST VALUE DAYS OWNED BOST 5.000 300 5.000 $1,515.00 $1,500.00 23 BOST 3.750 700 5.000 $2,640.00 $3,500.00 21 BOST 4.562 2000 5.000 $9,140.00 $10,000.00 10 COTTF 7.562 300 6.062 $2,283.75 $1,818.75 20 COTTF 6.312 700 6.062 $4,433.75 $4,243.75 13 CPU 19.312 300 18.625 $5,808.75 $5,587.50 18 FONR 2.312 1000 2.250 $2,327.50 $2,250.00 10 PNF 5.187 600 5.000 $3,127.50 $3,000.00 35 PNF 4.625 400 5.000 $1,865.00 $2,000.00 27 TOT/AVG 6.514 6.444 $33,141.25 $33,900.00 19 BOST finally moved, but if it doesn't continue up I will exit soon. COTTF I hate. But it has started to move back up, although not what I would call a rebound. I will give it a week. CPU is oversold and worth holding. FONR has done nothing (he said disgustedly), but is so low in its range that i will hold for awhile PNF is approaching a decision point, having compressed to the point where it will either move up or down. Several people have asked me to start a new Position/Swing trading account. I am not sure if there is enough interest to start this over, but if there are a half dozen or so who email, post or message me I will start a new one. It won't include any of the above stocks excpet perhaps CPU, and will differ in that I will post exits for local maximums rather than hold for longer term gain. An example would have been to exit VVUS sooner. I will also reduce the wait time to 5 days or less for positive movement rather than let the money sit on a non-moving stock. I will also use a form of a Parabolic SAR indicator to aid in determining entry and exit. While this isn't something one can do without Technical Analysis software, it will be demonstrable in terms of price & volume action and chart trendling. lastshadow