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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Andrew H who wrote (7298)11/7/1997 4:07:00 AM
From: Doug R  Read Replies (2) | Respond to of 79373
 
Andrew,

Although there is still significant technical weakness in the Dow, the recent pause has provided a bit of foundation that could lead to the conclusion that the worst is over. This is not to say that more of the best is at hand but at least there is more potential for stability. Even if the Dow is flat for the next year or two, there should still be excellent opportunity in the smallcap growth stock arena. Stocks with the least international exposure or those that take advantage of higher interest rates abroad will work best.

IMO,
Doug R



To: Andrew H who wrote (7298)11/7/1997 5:34:00 AM
From: Linda Kaplan  Read Replies (2) | Respond to of 79373
 
Thanks for the warning about the Asian markets, Andy. I'm strapping myself in for the ride.

Luckily I did sell half of something yesterday, when one of my stocks took a surprise trip upwards, so I will be able to spread that money around if I have to -- to cushion my margin at all of my brokerages. It's not enough for a good shopping trip, though, but should be a sufficient cushion, allowing me to pick up my AIM buys as I need them, too.

I'm hoping very hard that I will get the chance to generate some more cash before the next really big dip, so I can shop properly.

Linda