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

To: ivan solotaroff who wrote (7565)	11/12/1997 3:33:00 PM
From: Steve Smith	Respond to of 79384

The market looks pretty bad. It's tax-selling season too. Protect your capital. Even the POW, DIGL, is taking a mighty hit. Nothing is immune to this bear market. steve

To: ivan solotaroff who wrote (7565)	11/12/1997 9:30:00 PM
From: ChrisJP	Respond to of 79384

Hi Ivan, Thanks for the good words, but do not fear. I have no plans to sell CADE (already down 25% from its high -- DON'T GLOAT INSTOCK !), SEEQ (Finally broke through 3 13/16), or certain other stocks like CSCO and AXNT, which continue to beat analyst expectations. Jury is still out on MLOG, but I plan to keep it too unless it gives me a reason to sell. However, I still bailed out of my equity and international mutual funds starting in August and finished the job on last Monday. I also sold my MSFT and SDTI in July. IMO, It may be 6 months or so before some of these stocks return to their Oct/Sept highs. That's a long time to wait, but trying to time the market is even tougher (except for Doug, from what I've seen !) Regards and good luck to all ! Chris