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Strategies & Market Trends : Stock Crashes

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To: Udo W. Perkuhn who wrote (261)	1/30/1997 9:25:00 AM
From: Leo C. Bouchard	of 400

Udo, as I mentioned in an earlier post, I got into CSCC but turned right around and got out with a slight profit. I'm trying to keep a large cash position to take advantage of any major drop in the market. I did the same with PAIR, in and out, took a slight loss on that one. CNT, if your not in that one by now and they are playing against the shorts AND they have surpirse earnings could be a blood bath today. I'm on the sidelines. Too many good stocks with good earnings getting beat up. Suffice it to say "I'm watching." Also did check out SLOT,in and out with a one point loss, it has since dropped down two more points. If I buy a stock and it doesn't react upwards that same day, I'm not holding it over night. Good Luck today. Leo

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