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Strategies & Market Trends : SELL??? Contrarian indicators in the market

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To: Steve Schreifels who wrote (10)12/18/1996 1:15:00 AM
From: Ray Jensen   of 19
 
Steve, I have IBD & Daily Graphs subs, and Elaine sent me a love letter too. (I might have to send a note to IBD and tell them to keep me off the junk mail lists. I have a shopping bag full of junk paper every couple of days it seems.)

I am about 20-25 percent or so cash right now due to some year end portfolio profit taking & clean up, and Elaine probably would like a little donation of it for a newsletter subscription. Thanks, but no thanks, I don't subscribe to any guru sheets.

I remain in a defense mode, holding five low tech, high earnings, strong growth stocks that have low PEs with respect to others in their group. There might be some good buys or shorts in the next month or so - time to finish my wish list. Ray J.
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