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Strategies & Market Trends : Three Amigos Stock Thread

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To: LTK007 who wrote (9259)	10/2/1998 4:33:00 PM
From: Ken W	Read Replies (2) of 29382

Max, IMO, today was your rally. The weekend will leave the market in a selling mood on Mon. as they built up to the news, what ever it may be over the weekend. Same thing with the big rate cut by Greenie. The market was hugely oversold going in this morning thus the rally. Jerry Favors still sees 7400 by the end of Oct. I would love to see this whole thing turn around and go opposite from what Mr. Favors is saying but there is just too many if's out there. David is correct in quoting "follow your TA skills" play the news pops on oversold stocks, short the overbought bad news stocks and stay in cash as much as possible seems to be the way to go at this point.(do I sound like an expert or what?) least this has worked for me fairly well this last couple of weeks. Only holding GRLL at this point and looking to get out even. Ken

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