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Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host -- Ignore unavailable to you. Want to Upgrade?

To: Joe Basile who wrote (4567)	4/11/1998 10:52:00 PM
From: Mark Pritikin	Read Replies (3) \| Respond to of 42834

INTC/SOC. Did Bob have any comments on Intel's upcoming earnings or current valuation? Also, interested if Bob has had any comments on Sunbeam's quick drop from 50 to 30 resulting from an earnings warning and if he has any opinion on "Chainsaw Al Dunlap's" slash and burn turnaround strategies.

To: Joe Basile who wrote (4567)	4/12/1998 11:44:00 PM
From: Skeeter Bug	Read Replies (2) \| Respond to of 42834

>>He recommended doubling up on the stock (if it went down), then you could take the loss on half the shares and still have a position. I find this confusing !!<< actually, this is quite savvy. da brink is nothing if not good :-) say you own 100 shares of abc. if you sell to lock the loss and then buy back you have to wait 31 days or you lose the loss. however, if you buy another 100, making your new total 200, and then sell 100 you still have the 100 shares and you've locked the loss on the 100 shares - which was the original purpose. very good brink :-)

To: Joe Basile who wrote (4567)	4/14/1998 2:42:00 PM
From: TMAC	Read Replies (1) \| Respond to of 42834

Joe, looks as if Alan Skrainka read your summary also... U.S. TRADING SUMMARY: The Dow rallied by midday Tuesday, pushed higher by a small clutch of stocks, while the broader market gleaned some of the blue chip strength amid clear signs that inflation is still firmly under wraps. "I looks like we have cut through 9000 like a hot knife through butter," said Alan Skrainka, chief market strategist at Edward Jones. "Earnings are driving the market." At 1:35 p.m. ET, the Dow Jones industrial average was up 90 points at 9103, a new session high. The S&P500 index was up six points at 1115. Advancing issues led decliners by almost 2-to-1 on volume of 385 million shares. The Nasdaq jumped 18 points at 1843. The stock market was also helped by steadier bonds, which were cheered by the latest economic data. The 30-year Treasury was 11/32 to yield 5.90%.