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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 695.17

+0.2%

Jan 12 4:00 PM EST

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To: Terry Whitman who wrote (27971)	9/30/1999 8:47:00 AM
From: pater tenebrarum	Read Replies (3) of 99985

Terry, all i know is that NOBODY wants the steel stocks right now. if you add their cash and the scrap value of their assets you arrive at figures greater than their current share prices...<GGG> i always buy what nobody wants...i did it with oil, gold and copper stocks when they were really beaten down, and although i was early in each instance and had to wait for these investments to bear fruit, they eventually all paid off big. so now i'm going for steel...:) regards, hb

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