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


To: Sergio H who wrote (8987)9/22/1998 11:30:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
Sergio

thanks for the earnings estimate news, though I really believe many had already felt lower earnings coming in was a given. I know I did. Kind of tough to keep the earnings up when the world is crumbling around us.

One other note. Through this entire ordeal the Nasdaq 100 has really kept its composure well. Large cap techs may be the safest short term plays out there. They will be what I am watching tomorrow.

ht
david



To: Sergio H who wrote (8987)9/22/1998 11:33:00 PM
From: Amigo Mike  Read Replies (1) | Respond to of 29382
 
Hi Amigo,

It does appear that there is money on the sidelines. The mutual funds have experienced there first OUTFLOW of money in the last EIGHT YEARS.

I am hoping that APCO and IFCI attract a good portion of that money as they are solid, clean small caps. IMO .... both are about to post VERY BIG numbers in the 3rd qtr. I've dipped my toe into a BB ... NRAG that looks like it is about to move too.

I have not been able to confirm the mutual fund situation either but as you said there could be a monstrous buying opportunity coming in Oct. We shall see.

I am actually hoping to take a day off tomorrow (thank goodness) and hope to make a few bucks.

Amigo MIke