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To: Frank Ellis Morris who wrote (37587)8/3/1999 4:48:00 PM
From: limtex  Respond to of 152472
 
FEM -

>>The least upsetting thing to do is to get out completely of all stocks one week after the earnings announcements start.<<

Are you saying that if we all do the above we will be multi-millionaires without any risk?? Hmmmmmmmmm???? It sounds all too easy!!!

Well Here's what... take a ivew and see how it works out for the next earnings season. Imagine going 100% cash tomorrow and then start buying aound the 15th September and get out completely around the 10th - 14th October.

No doubt you will miss out on a few big opportunities but overall the risk is far less than holding stocks. It just seems to me that the urge to buy takes over in the buying periods ie a three week window beginning about two weeks before the end of the quarter. And then someone, I don't know who, dumps everything and waits till the next buying period.

Thats what it looks to me has been going on for the last couple of years. The only difference is that the time to sell has been getting earlier. You now only get a week after the end of the Q and the selling starts well before the end of the earnings announcements.

Best regards,

L