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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bonnie Bear who wrote (23380)8/5/1998 7:03:00 PM
From: Greg Jung  Respond to of 94695
 
Counterexample: QLGC +4


Ahhh...I see a pattern- i see stocks being dumped that are almost 100% owned by institutional investors. (AVB, LMT) -
Pensions dumping their stocks out of their overfunded pension plans while they can still get a price for them?


The smaller issues with high institutional ownership are always
primed for a quick hit in price. Adaptec and Viasoft two recent examples.

Greg



To: Bonnie Bear who wrote (23380)8/5/1998 7:10:00 PM
From: bobby beara  Respond to of 94695
 
>>>Pensions dumping their stocks out of their overfunded pension plans while they can still get a price for them?<<<<

The bubble was popped at that pinpoint on July 20th. I hope everyone has come to the realization that the bull peak is past and that we may not see prices like these for at least a year or maybe many many moons!

DON'T BUY THE DIPS ON ANYTHING, YOU WILL GET SMALL CAPS IN NOVEMBER AT AMAZINGLY LOW PRICES.

do buy the dip on the xau - it's gonna go ballistic!



To: Bonnie Bear who wrote (23380)8/5/1998 8:19:00 PM
From: Paxb2u  Respond to of 94695
 
BB,

You've got somthing there-----MHX is in that category also.

Peter :o)