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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: John J H Kim who wrote (5970)3/13/1998 4:34:00 PM
From: Susan Saline  Respond to of 120523
 
morning picks TLK IIT PAP

re:
There is however, one wild card: SUHARTO

I think the INDO market, in general, has more influence on these stocks.

When the INDO market closes down these stocks ususally fall.
When the INDO market closes up these stocks usually rise.

I have been following these stocks, and the INDO market, since the beginning of the year.

The INDO market closed up yesterday
Our market closed down -57 today

yet
TLK +7/16
IIT +3/4
PAP +11/16


do you see the correlation here?

The biggest risk in holding overnite is due to the fact that you never know how the INDO market will close, thus you may awake to a gapped down stock when the INDO market closes to the negative by quite a bit...

Just food for thought

Sue



To: John J H Kim who wrote (5970)3/13/1998 10:17:00 PM
From: AlienTech  Respond to of 120523
 
>>There is however, one wild card: SUHARTO<<

Especially since he directly controls like 50% of the money in the country. I dont think Indoneasia will actually rebound till this guy is put out to pasture. The world just told him to get out but does he care? Well not since his croonies have taken their money out and are investing it in the US.