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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (13671)	8/31/1998 4:13:00 PM
From: j g cordes	Respond to of 120523

Jenna.. where do we go? First Japan, HK, and Europe are taking tranquilizers right now.. they aren't happy with prospects from our selloff. Clinton leaves for Russia. Monica's the only one who's stock is climbing from a $ 2 million tell all buyout offer. Will post later, have to go into a meeting. One thing for sure is that funds were unloading, I think the individual investor is pecking at plums. Jim

To: Jenna who wrote (13671)	8/31/1998 5:22:00 PM
From: Cube	Read Replies (1) \| Respond to of 120523

Jenna, Boy you are something. Even when you don't know what to do, you do the right thing. This day reminds me so much of that Friday in October of 1987. Same percentage drop as today, and everyone was talking about picking up the bargains on Monday. On Monday, the S&P futures opened lock limit down and did not trade for a while. Day ended down 508 points which at the 1987 level of the Dow, worked out to a 23% drop in one day. The same percentage drop would be Dow 5850 for tomorrow. While that would make you a hero if that happened, you would age 10 years for those first 30 minutes when none of the S&P futures trade due to lock limit down. You did the right thing. I have NEVER had your instincts for daytrading, so I trust you'll pick a good entry point and ride tomorrow's extremely volatile day. Cube

To: Jenna who wrote (13671)	8/31/1998 6:53:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 120523

Jenna: I think we get a 2 to 3% rally in the S&P type stocks... Even in the midst of a downtrend there are mini rallies... Let's see... : > Jim

To: Jenna who wrote (13671)	8/31/1998 9:08:00 PM
From: j g cordes	Read Replies (1) \| Respond to of 120523

I'm posting some interesting studies of today's trading. Part I These are daily charts and fundamentals of all Dow Average stocks. Its interesting to note that Dupont DD, was up most of the day and attempted a comeback with slight loss. DIS did well as did HWP GT and AA on a relative basis. quote.yahoo.com