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Strategies & Market Trends : January Effect 2002 -- Ignore unavailable to you. Want to Upgrade?

To: RockyBalboa who wrote (80)	2/3/2002 9:50:51 PM
From: Q.	Read Replies (1) \| Respond to of 91

Congratulations, Midland, for thrashing me two years in a row! I agree that using a lower limit of 0.40 on the stock price is a good idea. That will help get rid of companies that are about to go BK. It would have eliminated MCLD. MCLD could have been eliminated using several other criteria as well, such as volume. It traded more than a million shares a day, whereas most other stocks I traded were much thinner. Midland, do you have any suggestions for a volume criterion? I think that perhaps you applied a maximum volume criterion and that you also sought stocks where the volume increased in the last few days of January. Is that right?

To: RockyBalboa who wrote (80)	2/10/2002 12:22:14 AM
From: Mad2	Respond to of 91

Gold has been doing well attributable to the problem with the Yen. A freind of mine there tells me the public is giving up on all other assets in the face of their economic problems and buying gold. PS you've been stuck at the 10,000 mark (posts) for some time, must be working too much. Best Regards, M

To: RockyBalboa who wrote (80)	9/26/2002 9:53:13 AM
From: Sir Auric Goldfinger	Respond to of 91

One less place for scum like Goleo to sell crap: "Germany Shuts Down High-Tech Market German Stock Exchange Shuts Germany's High-Tech Neuer Markt Exchange After 96 Percent Slide Thursday September 26, 8:04 am ET By DAVID McHUGH, AP Business Writer FRANKFURT, Germany (AP) -- Germany's stock exchange operator said Thursday it plans to close its Neuer Markt after the German equivalent of the Nasdaq lost almost all of its value in a two-and-a-half year slide. The exchange also plans tougher reporting standards for listed companies on its main market. Advertisement The Neuer Markt as well as the small-cap SMAX segment will be shut by early 2003, with companies listed there transferred to two new groupings with different reporting rules, Deutsche Boerse said in a statement. The exchange said the move is intended to reassure investors, who have seen a 96 percent drop in the Neuer Markt's value from its peak in March 2000, about the reliability of the companies listed. "We want to organize our markets ... according to the needs of investors," Deutsche Boerse executive Volker Potthoff said. "We are ensuring the highest transparency with clear rules." Deutsche Boerse said it will reorganize the market into a top tier of companies aiming to draw on international capital markets, and a second group for companies operating largely nationally. The flagship Prime Standard segment will be open only to companies who follow international accounting rules and provide comprehensive information to investors, including quarterly earnings reports, the exchange said. The reporting rules will be less stringent for the lower National Standard. The new standards will also have the force of law, under a recent reworking of German securities legislation, the company said. Indexes will be composed solely of Prime Standard companies, with German blue chip stocks continuing to be grouped in the familiar DAX index. Fluctuations in the value of smaller companies will be reflected by two new indexes, one for firms in traditional industries, and another for high-tech companies. Once the toast of software, e-commerce and Internet investors, the Neuer Markt's slump and a lack of new stock offerings had led to growing speculation that its days were numbered. After its launch five years ago, it made billions for its investors, soaring to 8,140 in March 2000 before a plunge. It played a key role in the expansion of Germany's tech sector. But skepticism about its future increased when the Swiss stock exchange last month mothballed its tech segment -- also called the Neuer Markt. The Swiss closed their index to new issues and said it wouldn't actively market the name any more, though the segment still exists and the stocks still trade. Other tech markets across Europe have suffered steep declines as well: Italy's similarly named Nuovo Mercato and Paris' Nouveau Marche are each down 93 percent from their 2000 peaks."