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


To: Sergio H who wrote (8189)8/29/1998 10:59:00 PM
From: Sandra  Read Replies (1) | Respond to of 29382
 
Sergio,
I wondered where you were...I havent been buying anything...Sold cmp, soon after there earnings were announced. I was in at 9.18 out at close to 8...it got killed that day! I hate selling good companies, but you are right about this market. I have kept my position in many stocks, and am doing alright with them. I have had a hard time not buying alot of stocks I want lately....the bargains are unbelieveable!
I have added new money to my account so I can buy in when I see the bottom in some of the issues I have, and add the ones I want, hopefully......

We have known about Asia since December....now, we know about Russia...what are your thoughts about a recesssion in the US? Do you think that this could be a possibility?

Sandra



To: Sergio H who wrote (8189)8/29/1998 11:40:00 PM
From: freelyhovering  Read Replies (1) | Respond to of 29382
 
Sergio--Check out Monsanto (MTC). I bought some on Thursday as it is moving in the opposite direction from the general market.(so far) They have Celebra coming out in about 6 months. FDA speeded up the processing the other day. It is a 12 billion dollar market for this super aspirin that will, they think, reverse some arthritic conditions, aid alzheimers, and perhaps prevent colon cancer. Just for normal aches and pains, it is 100x's stronger than regular aspirin without the gastrointestinal side effects. Merck also has a similar product called Xion that is about 6 months behind Monsanto. Check it out. More speculatively, TCLN had good news at the end of the week concerning positive responses to TNT in Cancerous Brain tumors. Message 5608103. Myron



To: Sergio H who wrote (8189)8/30/1998 10:56:00 AM
From: James Strauss  Read Replies (1) | Respond to of 29382
 
Reversing Field...
~~~~~~~~~~~~~~~~~~~~~
Good post Sergio...

Great Fundamental stocks like APCO and CAND are getting hammered... I'm reversing my philosophy to buying puts on the SPY, AMZN, and others ready to fall off the precipice... We are in a Bear market regardless of what arguments you may hear to the contrary... Cash shorts or puts are the way to go in the short term... Get ready to pounce in the midst of some rallying effort...

Jim