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Pastimes : How to best deal with KOOKS at this web site

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To: Gottfried who wrote (1456)1/4/1998 4:22:00 PM
From: Herb Fuller  Read Replies (2) of 1894
 
Gottfried , Re: >>when and where to invest<<

My two cents worth and worth probably as much :

Gottfried , sometime back you had said that you had a friend that made a lot of money by getting into stocks based solely on their hiring practices .

Well here is another method that will work .

During downturns in the market you look for issues that have held up the best . If you look at the issues in the chart below you will find that IOM has done quite well in this respect .

I know , others will choose a longer span of time and dispute the theory but when you look for market strength you have to look at the immediate downturn .

The theory goes on to say that the issues that have shown the best strength in the market downturn will do the best percentage wise in the next market upturn .

This is like all other theories in that it only works in a given percentage of the time but enough to put you on the winning side over time .

exchange2000.com

I will track this chart till the end of april 1998 and report back at that time .

Your retired friend ,

Herb
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