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Strategies & Market Trends : Russian Crisis - Is it a buying opportunity? -- Ignore unavailable to you. Want to Upgrade?

To: Cyrus who wrote (19)	8/29/1998 7:36:00 PM
From: Jeffrey L. Henken	Respond to of 175

Well I think Josef is right we have to be wary of a continued sell off. Since you are wisely largely in cash you can afford to wait until a rebound is confirmed. It has been pointed out to me that it is illegal for companies to hold good news but I believe that it happens all the time. Think about it, most news releases involve contracts between one company and another. A deal in principal can be achieved without an actual signing of a contract if the announcements effect would be muted by a bad stock market. We just need a turn in sentiment and a confirmed recovery and stocks everywhere will look much more attractive. Regards, Jeff