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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?


To: chris714 who wrote (3926)5/9/2002 6:40:57 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 6346
 
Hi Chris,

Just wanted to welcome you to the thread. I appreciate your contributions to the thread.
JXM



To: chris714 who wrote (3926)5/18/2002 10:17:50 PM
From: John Pitera  Read Replies (1) | Respond to of 6346
 
Hi Chris, When FAX did that dive as you mention, it was bought right at the 50 dma by the technical guys who were looking to buy it on a pullback.

you've got the right general gameplan in my opinion and you state it very concisely.

Arne Alsin of RealMoney.com does do some really great work on finding the beaten up turn around candidate that are selling for very low multiples and metrics like Bill Nygren's 60% of enterprise value.

Let me know what you are up to. You look like you've been learning quickly from your prior experiences. Many people do not.

The market is trying to rally, I think the biggest issue over the next few weeks is the focus on the myriad SEC and other entities on the brokerage industry, The FX anit-competitive investigation etc.

John