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Strategies & Market Trends : 50% Gains Investing

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To: Skeeter Bug who wrote (280)	11/24/1997 9:35:00 PM
From: Dale Baker	Read Replies (2) of 118717

This is getting nasty. I go away for a nice long weekend trip and find all hell breaking loose when I get back. A quick look at my watch lists tells me this is not the time to go long on anything unless you are willing to put in some speculative seed money and be patient. Even DELL has a forward PE over 30 which the market probably won't support very well. Wish I had some good suggestions for all the lurkers on this thread if they are still here. I'll be doing a lot of research in the next week, but mostly looking for good short plays. I've learned a lot in the last month about when to take profits - learned it all too late this time around but I don't forget expensive lessons. Where do you think the bottom is for GTW? Will it hold in a high 20's trading range or is it vulnerable?

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