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Strategies & Market Trends : 99 RS stocks--WATCH THEM FLY HIGHER AND HIGHER -- Ignore unavailable to you. Want to Upgrade?


To: Cornstock who wrote (101)10/27/1997 10:39:00 AM
From: James Strauss  Read Replies (1) | Respond to of 836
 
Junior Stocks...

>>>Sounds like a good idea Jim. Already got the "under 20" on initial cost (Friday's) close and trailing EPS. It's already interesting. The cost to buy 100 shares of all these under 20 stocks is a little less than 24,000. and the stocks in the basket are only down 700.00 today. Pretty good for a market that has the NASDAQ down 22.<<<
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Peg:

These stocks can be bery volatile to the upside and downside...

A 700 loss on 24,000 is 2.91%...

A 22 point loss on the Nasdaq base of 1650 is 1.33%...

So, overall, these stocks are underperforming the Nasdaq... The key is in the selection of the stocks within the Junior group that are currently outperforming the market...

Jim