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


To: Sergio H who wrote (8130)8/26/1998 8:44:00 PM
From: James Strauss  Respond to of 29382
 
The Market...

Sergio:

A big chunk of my portfolio has been in cash for quite a while now, as you know... But, some stocks like CAND and APCO beg to be purchased when they dip in price and then find solid support...

I agree that the Russell 2000 looks pretty bad... Buying the companies with great fundamentals while the sector is being punished is true "Buy Low, Sell High" in action... The difference this time is to trade some and hold some...

The McClellan Summation Index is now lower than it was at the bottom in 1987... This portends a possible growling market in the making... It also presents great buying oppty's for investing and trading...

Jim