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Strategies & Market Trends : APMP (formerly APM)

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To: Rudy who wrote (9074)	12/3/1997 5:10:00 AM
From: Berney	of 13456

Rudy, Agree with your observations whole-heartedly! It seems that SI has three classes of investors: day traders, position traders, and long-term investors. This is a difficult time to be a position trader, which is probably the majority. I come to the financial field from a unique, if not jaundiced perspective; that of a tax accountant. My concern for the next few weeks is that we could see some serious tax loss selling. If I'm right, it could get really tough. I agree -- capital conservation is the name of the game. This is not the time to be aggressive. As attractive as some of these stocks look, I'll watch! Berney

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