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Strategies & Market Trends : Let's Make REAL MONEY (Big, long-term cap. gains)

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To: RavBruce who wrote (106)1/15/1998 6:48:00 PM
From: Don S.Boller  Read Replies (1) of 135
 
Bruce & Gregor; RE - TECH RALLY
In all honesty - I'm not much on market timing - at least on a
short term basis. Tend to follow Richard Russell''s "Dow
Theory Letters" (POBox 1759, LaJolla, CA 92038 ...think he
will send sample issue for $1.00. His interpretation of Chas.
Dow's theory says, "still in a bull market". RR's own prop.
indicator: the Primary Trend Index is still bullish....so, we're on
a market buy! (BUT, it appears that it's late in the game
and fundamentals are not as positive as 36, 24, or even 12
months ago). That said, there are tech stocks (actually -
companies) that I like, but would prefer to purchase after
some basing...most are now in downtrends!!!.
Best to both.
Don
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