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Strategies & Market Trends : SPARKY'S CORNER

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To: Walk Softly who wrote (3534)	8/27/1998 12:43:00 PM
From: Bruce A. Brotnov	Read Replies (1) of 4142

ES, I was looking for a bottom as well at low 8300's and now it is well below that "definite bottom". Perhaps we will come back strong this afternoon, but if not my whole strategy will be changing. I did some buying at the bottom of first low CMVT and AVEI. Near the market low I sold CMVT at 44 3/4 for 1/4 point profit (surprised) and I probably should have held, that is one strong stock for some reason. In the past a stock that held up like that was in a buy out process or at least a strong buyout. Sure it started at 46 (up 1 1/2 yesterday or so). I'm 50% or more cash now, lot's of buying power. <G> Down 275 right now at 12:45 pm. Bruce

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