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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: LastShadow who wrote (7607)2/1/1999 11:24:00 AM
From: AlienTech  Read Replies (2) | Respond to of 43080
 
Ain tit great? Come in on estimates, Revenue grows, But stock gets hit for 30%.

Creative Technology Ltd. (CREAF) 14 15/16: BB Robertson Stephens downgrades issue from "buy" to "long-term attractive." After the close Friday, the manufacturer of advanced multimedia solutions reported Q2 net of $0.64 a share, in line with the First Call estimate, on an 8.5% increase in revenue. CREAF shares indicated 1 7/8 lower this morning.



To: LastShadow who wrote (7607)2/1/1999 11:26:00 AM
From: LastShadow  Respond to of 43080
 
Two things:

Bonehead move of the day - exiting CMGI and missing 10 ofthe 12 points - and thats just so far...MAT seems to be moving up now as well. Anyone want me to sell something to make it go up?

I've run some preliminary models of switching between the ProFunds UltraBear (URPIX) and the Munder Internet Fund (MNNAX). The Exit signals for the Bear Fund on 9/2 and 9/25 coincided exctly with the entry signal for the Internet fund (Bull) on those days, giveing a 6 month return of slightly less than 192% collectively. Both models still overtrade slightly, but using a complimentary indicator (I haven't figured out which one yet - but possibly a Moving Average of the SPX or simple trendlines looks to be effective) should minimize the that.

I will post the chart at the website home.earthlink.net by about 10:30 eastern time. Anyonethat has looked at the otherstuff there will understand the chart, and if not, either pm, post or email me.

lastshadow