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


To: Sergio H who wrote (5998)6/15/1998 7:27:00 PM
From: LTK007  Read Replies (1) | Respond to of 29382
 
Scanning for stocks that fought the trend today,found that SAM(Boston Beer) up 11/16(6.65%) on high volume--will put it on my watch list--
as the move was without news.Max



To: Sergio H who wrote (5998)6/15/1998 10:07:00 PM
From: SteveR  Respond to of 29382
 
Sergio:Just glad to add my thanks to you for the
marvelous job you have done and are doing on CADE.
Staying with it for the long long long term and hope
it pays off well.
Thanks again
SteveR



To: Sergio H who wrote (5998)6/17/1998 9:18:00 AM
From: James Strauss  Read Replies (1) | Respond to of 29382
 
A Bounce...
~~~~~~~~~~~~~~~~~'
We may be seeing the beginnings of a short term bounce today
that may take us back to the Dow 9200-9300 area... This is
because the U.S. will support the Japanese Yen by selling Dollars
and buying Yen...

Caution is advised because currency intervention usually doesn't
work unless the country being aided takes the necessary
economic reforms... Japan doesn't seem willing to do this... So, we
get a short term bounce in the market until investors realize that
nothing has changed in the Japanese economy... Then, the market
retreats again... So, use this rally to build up cash positions over
the next week or two before reality sets in about Japan's inability
to do the necessary economic reforms in a timely manner... If
Japan devalues its currency in the near term, China will follow
suit... That will be the knockout punch for world markets...

I wish the message could be more positive... But, this is how I see
it...

Jim