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

To: Sandra who wrote (7274)	7/28/1998 8:57:00 PM
From: Sergio H	Respond to of 29382

Sandra, Monica may now be in bed with Greenie. They are manipulating the market !!!!!!! Looks like Monica did bring the house down today but GM picked it up near the close. Will GM's news be enough to reverse the trend tomorrow ? Gold stocks were hot today and that's not a good sign for the overall market. Sergio

To: Sandra who wrote (7274)	7/28/1998 10:29:00 PM
From: James Wright	Read Replies (3) \| Respond to of 29382

OK Sandra, you asked. I have been looking for stocks with great current or likely great future fundamentals that have been pushed down to their support levels on light volume. I believe these companies will quickly spring back once the general market returns to sanity. Thus, I bought SIRN, NMGC, LEAP and CPQ today at or near their intra-day lows. If any of them break below their support levels, I'll quickly get out with standing stop loss orders. With SIRN, NMGC and LEAP, I've traded in and out several times with good profits. CPQ is bouncing off a good support level in the 29s, and it's my one concession to the large cap mania. Now is a good time to enter each of these companies while the market's overall decline presents rare opportunities. -- Jim

To: Sandra who wrote (7274)	7/28/1998 10:45:00 PM
From: Ken W	Read Replies (1) \| Respond to of 29382

Sandra, Good for you! I'm liking SBIO for news today and more news after the bell. Settled a law suit today. A little dilutive but not bad. After the bell they got approval from the Dept. of Ag. for marketing their products. Small float, book over current price low beta. It could well be a good trade for tomorrow and I would not be bashful about holding it for a while if it did not trade short time. BTW I agreeeeee with you. SI made a big mistake on this free trial thing with posting priv's. I have not seen so many wadie's since I've been on SI. Ken W