Hi Mohan and thread,
This morning I received the May edition of Louis Rukeyser's monthly investment letter. This month's special guest is Laszlo Birinyi who pretty well ALWAYS wins their stock-picking contest they have every year by a huge margin. He studies the tape noting EVERY trade....whether it's on an uptick or downtick, so in short, he uses money flows. I've been following him for over ten years, and I can never remember him recommending a NASDAQ stock, just NYSE issues. Well guess what he's recommending this month???? That's right, DELL computer. Makes me want to go load up on some more.......matter of fact, I think I will.
For those interested, his other picks are, LU, AOL, SLB, HAL, XON, ARC, USW, SBC, EK, and CMB.
Ian |