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

To: James Strauss who wrote (8765)	9/14/1998 2:54:00 PM
From: Ditchdigger	Read Replies (2) \| Respond to of 29382

<In the next day or two you may want to be prepared to exit into cash again if the A/D line and NH/NL turn negative...> Will do,hoping JAOSX will offer a bit more bounce for the buck than JAGIX..Sticking in the Janus family for now(IRA) but am eyeing Fidelity oil services fund..DD

To: James Strauss who wrote (8765)	9/14/1998 4:16:00 PM
From: LTK007	Read Replies (2) \| Respond to of 29382

I have learned by back testing that if you bought into stocks that were pulled significantly below their recent 52 week low on the Monday most recent crash day(-500+ is a "crash")--if you had bought these stocks selectively at the end of the day that Monday you would have made a 50% return with little difficulty as long as those stocks had good fundamentals-- a few examples were NEM,from 13.25 to 21+,TVX from 1.06 to 2.25,SHI 5.31 to 9.50--so the lesson is if you can only calmly buy when your heart in your stomach you can make money---let it be noted I did not buy anything that day or tuesday--I am just trying to ingrain lessons into my inexperienced skull.Max The word now is the POG is falling due to a revised fear of global deflation--so one analyst just pontificated.