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

To: Phil Jacobson who wrote (5356)	5/28/1998 2:55:00 PM
From: Magnatizer	Read Replies (1) \| Respond to of 29382

Phil actually STVI is more of a fundamental buy for me, but lets keep that quiet. LOL The data on STVI is only complete from March of this year on. The data from before then is very choppy and days are missing. Cannot get a good read from it. With the markets action yesterday and the early day drop I think any stock which held even or better showed some strength. Looks like there is some action today and I may get some shares in the 7s. If it does drop to the sixes I will no doubt buy many more shares. What I am getting at is that we are in a correcting market. Sellers are more numerous than buyers. If noone was selling in the selling spree we saw yesterday morning than I feel the shares are in strong hands. More of a gut/FA play than TA. ht david