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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (9570)	8/29/2001 8:31:53 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 13094

Sergio, I think some of the problems built into the system by cheap money will also not be solved by throwing more money at those same problems. Just look at Japan, which as you said is in the toilet, stock wise, they have for years tried to get their citizens to be spenders, even a zero borrow rate, and it hasn't worked. They happen to like to save. Maybe they still remember the tough times post WWII. Obviously younger US citizens have a different point of reference, or more likely, none at all. The $3 trillion dollar question is what happens if US consumers do the same? As I have said before, how much crap can people buy before they give up? As for Europe, good luck. I was recently in Ireland, and real estate prices are starting to crash, which is nice if you want to buy, not so nice if you paid top of the market to get in. It has something to do with hi-tech going bust, thus popping the bubble. Argentina/Brazil are more examples of throwing good $$ into a very black, very deep hole. Exactley what is the point? Today's GDP report wasn't all that bad. It was actually better than anticipated, but Japan's negative news ruined any possibility of a rally. I disagree, that report today was bad, real bad. It is almost to the point that they can't spin it anymore. People are perhaps just a bit smarter now that they are losing money in the stock market poker game. Fool me once..... On that note take a look at what SUNW had to say after the close. I think that may be a real drag on the market the next day or so...

To: Sergio H who wrote (9570)	8/30/2001 12:48:57 PM
From: James Strauss	Respond to of 13094

So, a good simple strategy for these difficult times...besides knowing "a little more than the stock symbol of the stock" includes, before buying stocks: look at valuations, particularly earnings growth. Buy stocks that have recent upward revisions and particularly timely are stocks selling at a discount to their growth rate. avoid stocks that have been losers YTD. Particularly those held by mutual funds. They're going to go lower as the mutual funds drop them in the next two months. Conversely, buy YTD winners. They'll go higher as they're bought for window dressing. * small caps gaining market share are the best bets. Excellent advice Sergio!!! Value is the hot button for now... Several types of scans can help find the types of stocks you mentioned above... 1. Look for stocks outperforming the S&P 500 on a relative strength basis... Sort by EPS growth, low P/E, low Price/Sales ratio, etc... Jim