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To: ED_L who wrote (20500)9/20/1998 10:09:00 AM
From: J. P.  Read Replies (2) | Respond to of 50167
 
A contrarian might think since everyone assumes October will be another horrible month or trading range, that October may very well be a good month for the bulls.

Consensus is becoming increasingly negative.

I've bought first quarter 1999 calls on Microsoft, Dell, Cisco and will be very surprised if I don't have at least a 300% profit on these by that time. These particular companies have repeatedly demonstrated their ability to meet or exceed earnings estimates under all types of economic climates, and have never to my knowledge disappointed the street. In addition, when the market shows any bullish strength at all, these stocks will be the in the lead for technology. It's a predictable boring strategy, but it's gonna work!

FWIW



To: ED_L who wrote (20500)9/21/1998 1:35:00 PM
From: SBerglowe  Read Replies (1) | Respond to of 50167
 
Why do you think the gold stocks should be accumulated for the long term? The gold charts are still quite bearish and after a small upside countertrend blip (which we seem to be in right now) the bear market in gold may be likely to continue.