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

To: Redhead who wrote (8534)	9/8/1998 2:12:00 PM
From: LTK007	Respond to of 29382

REdhead I stepped out of my NEM temporarily--just a mere 1/4 plus,and still annoyed that I did not jump on it when 14 last week(and have gotten 6 points--drat)---I am hoping,if lucky to buy NEM back REAL soon at a lower price.Max

To: Redhead who wrote (8534)	9/8/1998 4:58:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

My stepping out of NEM today another bad call by me--it was diving with heavy selling from 20 to below 18--so I stepped out on a bounce to 18&5/16---so then it rallies to close at 19 with big blocks coming in after the bell---so now I am not holding what could be a big winner----meantime on going to the ORX Yahoo! board it is all doom and gloom by angry employees talking up horror stories--and I just bought the damned stock---one thing I noted today is stocks is in large part a popularity contest where funds pump and dump and pump a select relative few-- I happen to believe Fleckenstein is right---at some point the funds are going to exit DELL and INTC etc. en masse overnight and the individual buy and holds are going to be left holding the bag--his balance sheet analysis and growth outlook I feel to be dead-on--- regards these companies---if I could get rid of my losers now I would go all cash,and attempt some well timed trades--I have made 70k this year buying and selling but my holds are killing me--still about 70% cash.BTW,IF I had bought GLM at the open I would have got it at 13&1/2! ---it closed at 11 & 3/8--at least I made one intelligent decision today.Max the perfectionist signing off.