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Technology Stocks : Veeco Instruments-Who? -- Ignore unavailable to you. Want to Upgrade?

To: advinfo who wrote (1941)	3/2/1999 11:56:00 PM
From: Stitch	Respond to of 3069

Northstar, Denice; Sorry Denice. Real men don't use tissues. NorthStar is right. Maalox is more our style. <G> By the way Northstar, if you are correct about market timing, then I should be spending like crazy.<G> best, Stitch

To: advinfo who wrote (1941)	3/3/1999 12:30:00 AM
From: Denice	Respond to of 3069

Northstar, I hate to throw up and I have never been able to do a cartwheel. However, I get the meaning. Sitch, Maybe I should switch to maalox. I need a little more hair on my chest (g). Denice

To: advinfo who wrote (1941)	3/3/1999 8:02:00 AM
From: Mark Ivan	Read Replies (1) \| Respond to of 3069

NorthStar, Acually there is a much more technical way of doing this that my friend has incorporated for years. Basically you start with a buy of some dollar amount, say $2000. You buy VECO at say $50, so you obtain 40 shares. Now, for every 10% drop you buy $2000 more. For every 10% rise, you sell a block (unless it is your last block, in which you sell 1/2) EX: You bought 40 shares VECO at $50. You put a GTC in to BUY 45 shares VECO at $45 ($2000). You put a GTC sell 20 VECO at $55. If VECO goes to $45 and you bought, you now change the orders: GTC Buy 49 VECO at $40.5 GTC Sell 40 VECO at $50 Basically, with every trade, you just re-adjust you buy sell points. This method takes out any emotion, greed, fear, etc. Works great unless the company goes bankrupt or you run out of money. With VECO, you may want to play the 20% points since it moves so much. Mark