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Strategies & Market Trends : AMIGOS INVITATIONAL YEEHAW PORTFOLIO -- Ignore unavailable to you. Want to Upgrade?

To: freelyhovering who wrote (525)	6/28/1999 7:39:00 PM
From: Sergio H	Read Replies (8) \| Respond to of 1316

Myron, lack of time. I've been committing myself to breaking down sectors, selecting a sector that has confirmed an upward bias and then to select a stock within that sector that meets certain criteria. I've been improving my methods, but it's very time consuming. I don't use scans. Using this method, I've been successful in finding a stock to play to cash in on the gypsum shortage, a stock to play the bullishness in the electronic retail sector and a plain old cyclical chemical company just in time to let the mutual fund managers build up the price. I've been following Water stocks, and was considering a water utility, but I don't think that utilities benefit from interest rate hikes. With the strength in the semiconductor stocks, combined with the rise in the electronic retail stocks, I turned my attention to the electronic part manufacturers. I found several stocks that I like and picked up two real quiet ones....WGA and CHP. I wasn't ready to pick either for the portfolio just yet, but let's go with WGA at opening. Today's volume was a whopping 1000 and yesterday's a monster 300!!!! Take a look at these two on your bop machine when you have a chance. ------------------------------------------------------------------- I've asked Dave H. to join in on the portfolio. Dave, as you know, adds his expertise in the DeMark sequential to the group. -------------------------------------------------------------------- PROPOSED RULE CHANGE....please let me know if you are in agreement or not. I think that we can improve on our results if we set a stop loss at 25%. Once a position is 25% in the hole, we close it out as of the closing price that day. Everyone agree? ---------------------------------------------------------------------- Sergio