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Strategies & Market Trends : Charts With An Attitude; Trading In & Out

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To: Carolyn S. who wrote (4616)	1/30/1998
From: James Strauss	Read Replies (2) of 4701

Two Questions.... >>>1. Mutual funds - I am still 35-40% cash. Should I get back in ? Suggestions ? 2. My SRMI is being really bad. I thought it would come back some when they got FDA approval for their full digital XRAY system (the first to get FDA approval) and started placing units, but it didn't help. I'm ready to give up and buy anything that's pointed north. Any low-priced favorites?<<< ************************************************************* Carolyn: We've had three very good market days... The Dow is moving in on the old highs... I'd wait until next week to see if market sentiment continues to be positive... We have interest rates that should be stable for several months... We also have Greenspan saying that sooner or later the Asian Flu will make us sneeze... Next Monday or Tuesday should be a better indicator of whether we are in a relief rally, or something more sustainable... SRMI looks like it might be ready to move up to the 1.25 area... As for other cheapies... I don't have anything besides FIBR at the moment... SSTI is beginning to look interesting... Jim

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