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


To: LTK007 who wrote (9001)9/23/1998 6:18:00 PM
From: Sergio H  Read Replies (1) | Respond to of 29382
 
< O'Neil system now calls a recommencement of the BULL--duration unknown---but my caution---if Greenspan does not lower
interest rates next week,Market will tank---it is next week,yes?>

Max, yes. Today's rally was fueled by Greenspan's comments on the possibility of interest rates being lowered at the Fed meeting next Tuesday, as you know. I haven't had an opportunity to digest today's market action but the money seems to be coming back into the market. Wether the money stays or not is the question.

I'm having a terrific week, so please excuse a recap. Mondays trades, one dud AMBI, slight loss and one boomer.....WAXS up 10% today for over 2 points. If the market mood holds, TELC is a great opportunity for tomorrow. The other Monday trade, CA.TO a 5% gainer.

Amigo pick IFCI is up 15% this week.

Tues. trades:
ESST +25%
TRI +5%
ZOOM +9% These 3 stocks are still undervalued.

QWST +15% today. As I posted before, I'm happy to play QWST any direction the market wants to go. This stock is an excellent way to play the direction of the Nasdaq and put some money in your pocket until fundamentals become more relevant, and they will.

Sergio