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Strategies & Market Trends : Value Investing
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To: Michael Burry who wrote (8101)8/30/1999 7:18:00 PM
From: Madharry   of 78898
 
Maybe you are right Mike. a lot of stocks I thought would be well supported just dropped right through, others I though would move strongly have not. I have a suspicion though that some of this is game playing. This is the last day of the month and perhaps market makers etc. are taking things down and buying them cheap in order to sell them at higher prices to the regular folks returning after labor day.

I noticed that all the electronic game stocks I looked at had positive days. THQI in particular. The discount brokers and Nite were all hammered badly, as were most of the internets.

SWS is almost looking like a value play again, and is about where it was in April. I'm not a market timer so I will be waiting for sell signals on the specific stocks that I own, some of which I will probably ignore as usual.
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