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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: James Wright who wrote (4804)	5/15/1998 9:56:00 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Hi Jim, I appreciate the caution flag being waved, but I don't sell my core position when the flag comes out. The caution flag means that if you're not sure, don't. I like to review all of my holdings on a case by case basis, factoring in sector analyses as well as market conditions. I get kicked in the rear sometimes, but I get rewarded more often than I get kicked. That's the investment side of the equation and the daytrading stuff is a lot of fun. Reminds me of musical chairs. Sergio

To: James Wright who wrote (4804)	5/15/1998 10:19:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 29382

James: You bring up a very good point about the Casino atmosphere in the market today... A read through many SI threads shows many discussions about stock symbols, not companies... The reason why I posted my Concerns about the market on the Amigos thread is because they discuss companies, not symbols... We have relatively low inflation and stable interest rates... But, earnings momentum is slowing... The fallout from Asia is yet to be felt... I agree with you that a correction that cools down the Gambling atmosphere, may give us short term Pain, But will be good for long term Gain... Jim