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To: Cragganmore who wrote (30237)10/1/1998 11:23:00 AM
From: SliderOnTheBlack  Read Replies (2) | Respond to of 95453
 
O/T Craggamore... PS VTS is ''on sale''

on those 3 I would be cautious; could be 3-5 points to go on these downside -wise imho. I'd wait for the International Markets to blow over - these 3 are suffering... S&L's are different - we are seeing THE bottom presently there and some have moved up with no turning back..

Longterm; I love TRV; MER & DLJ will become bargains - but I don't feel comfortable of a bottom yet ! We are seeing the last blowoff of the market. overall - once Greenspan & Rubin calm the fears and the FED cuts again; we should see an upturn... but still buy value - I don't want Wal Mart or GE at current PE's but these financials in a month or so will be cash in the bank....nothing but net ! S&L's offer the same upside as TRV DLJ MER and not anywhere near the risk - so I probably will not buy any financials other than S&L's or mortgage title Insurance companies who benefit by a rate cut !

be safe, enter slowly, DO buy some S&L's here ! - literally can throw darts in that sector... go to theStreet.Com - enter ''savings & loans'' in search and read James Cramers articles and Yahoo Chats on the S&L sector....he has a list of many good ideas.

...AG speaking now.... on LTCM etc... maybe a reversal this afternoon ?

Does anyone else sense than the world is sitting, starry-eyed for YODA (Greenspan) to give us our dose of reality.... wayyyy toooo much power... this is scary. Sure he is a genius, a master, has done a fine job - but it is like he is our financial GOD ? something uneasy about all of this...he's become a character out of a bad sci-fi movie...controlling the world, while we sit and wait.

Beckman; VTS is on sale again - a great buy here - big, big 95% Institutional ownership; when they move to cash in relationship to total market moves we get these $3 freebie trading swings - thanks fund managers - another easy $2-3,000. Update us on what that ''machine'' is telling you ! - thanks; who looks good - who is moving on up...? IIR on your chart ?

PSS; PGEI micro cap E&P news today - a 5-6-7-10 bagger in 2-3-5 years; mark it.

PSSS Greenspan just commented on market abberations that do not persist (temporary anomalies) - like the low price of crude oil, huh Alan !