FSII - The Worst is Over? Message Board

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Technology Stocks : FSII - The Worst is Over?

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To: Donald Wennerstrom who wrote (1805)	3/4/1998 11:42:00 PM
From: Donald Wennerstrom	Read Replies (2) of 2754

The market so far this year looks quite a lot like last year for the first 2 months. A tendency for the stocks to rise in Jan/Feb, and now some hesitancy. Maybe we are due for some churning or a falloff. I read the latest article by M. Murphy in SI a couple of days ago. One statement really caught my eye. Murphy indicated that stocks might start rising again during the last part of April. If so, that would be just like last year. The low point was last year was for the week ending 4/25. The very next week the group had a 15 percent gain. The group from that point went on to nearly double by mid year. Since I had the data for 4/25/97 and the closing prices for yesterday, I decided to compare them to see how the individual stocks did over that period. The results are shown below. One message I get by looking at the list is - it sure pays to be a good stock picker!! Also, if you pick the wrong ones and hold long - it's a fast way to part with your money. Error!! Forget about the list. I have to go back and recheck some numbers. I made a big mistake somewhere - if I find it I will post the results later.

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