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To: Judy who wrote (9339)10/31/1997 3:45:00 PM
From: Patrick Slevin  Respond to of 17305
 
Well, yes, I have criteria from time to time.

I like INTC at 70 and 64
DELL at 70 and maybe much lower (don't ask---you'd laugh.)
TXN at 80
MU below 20

Stuff like dat dere. I also rely on information....like high volatility or unusual activity in equity options. I get this stuff from Larry McMillan.

I think the Indo effect will result in the same thing, just delayed. Either a decline preceded by a sharp selloff.....or a slow twisting of the screws until someone turns around and realises this is a bear market....Of course at that point, equities will be much lower and so will everyone's margin account.

See ya later....



To: Judy who wrote (9339)10/31/1997 3:48:00 PM
From: Patrick Slevin  Respond to of 17305
 
Sorry forgot one.....

exit points vary....If I get a triple I often sell a third and forget about it.....until I believe the broad market is ready for a sharp decline....then I sell more and hedge as much as possible.

Other exits vary from stock to stock,

---gotta bolt.