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

To: Amigo Mike who wrote (9281)	10/4/1998 1:10:00 PM
From: Sergio H	Respond to of 29382

Amigo, so what else is new ? Yeah, I see the DOW hit the low mark on it's trading channel and had a technical bounce on Friday. I'm not worried Mike. My game plan is to stay informed and invest carefully. Not trying to make a quick buck, but trying to make a buck. Watch the financial stocks. They're trading at just above book value, but the sector is facing the hedge fund crisis and feeling margins squeezed by long term rates remaining lower than short term rates. Looks like another 1/4 point lowering is imminent. When the financial stocks stabilize, the market will stabilize. England is expected to lower interest rates on Thurs.and Europe and the US are working to bolster the IMF....could be positive factors. Stocks to watch are some companies reporting this week. Motorolla tomorrow. Also tomorrow, Biogen's report could send sparks through the biotechs. Tues. we've got AMD reporting. Abbott Labs reports on Thurs. and should rally this week. PWAV reports Thurs. Oh, and don't forget Yahoo on Wed. There's plenty of action and volatility to keep me interested. Sergio