Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (17149)	10/18/1998 1:38:00 PM
From: Judy	Read Replies (1) \| Respond to of 120523

Jer, Why is PFE still a short now? When the market was caving, the oil services stock were bought. Money can be made with proper value entries at market pivot points than trading the swings in momentum stocks. The risk/reward ratio is in your favor. That the P&F indicators have reversed up is expected after the market action last Thursday. Big swings and huge breadth will reverse things back up, but near-term staying power cannot be gauged by P&F. P&F yields a good picture of the overall intermediate-term context but is not effective for trading.

To: Jerry Olson who wrote (17149)	10/18/1998 3:16:00 PM
From: Sonki	Read Replies (1) \| Respond to of 120523

hi OJ, sorry to have misguided u, u were more right then the company. Looks like that is why the stock was drifting downwards. Do u see it hit $100 before jan? i have sold jan 100 puts. exchange2000.com

To: Jerry Olson who wrote (17149)	10/18/1998 7:16:00 PM
From: Teddy	Read Replies (2) \| Respond to of 120523

Hey O Jerry, i've been reading you for 9+ months since Truffie told me how smart you are.... ok, now (since i turned 15 yesterday) i'm confused: Is the surprize rate cut part of a LTCM rescue plan? (cutting 45 min before the close Thursday before exp seems funny to me, and i don't usually believe manipulation stories) Are big banks now safe? Is everything now going to be ok or will it blow up in the next couple of weeks? What do you think of this snip?: Wrong! Tactics and Strategies: A Rate-Cut Game Plan By James J. Cramer 10/18/98 2:00 PM ET You just woke up from a 72-hour nap. You missed the Fed's magnificent ease. You see the airlines and chemicals and papers and financials have just had monumental moves. Is it too late? Should you just go back to sleep? Every fund manager in the country is faced with this dilemma, particularly those who will now be inundated with cash that had been piling in from the sidelines. Heck, big money just came out last week from the market. I have no doubt that this rally will bring in huge amounts of money. Especially because short rates are headed down dramatically and will not offer that terrific return that they have been. So what can you do? I like to buy stocks with intact fundamentals that have some cyclicality, so when the Fed restarts the economy with its series of eases, I will get a nice bump. That brings me back to technology, which does better with a weak dollar that comes from rate cuts, and may do better with more confidence in the system. Any cyclical company that is the low-cost producer of something that can be shipped overseas interests me. So do the drillers, although their move Friday took away some of the upside. And every savings and loan intrigues me because with each ease, I get an immediate number bump. Unlike the other groups, the savings and loans are hated. The analysts hate them. The hedge funds hate them. They were being downgraded this week. The swirl of prepayments has damaged them severely, and the funds that invest in them are all kicking them out because their performance is so bad. And the insiders are buying like crazy. Get the insider buying runs. See which ones are being accumulated. They are your best bets. What doesn't work? If you think the Fed is going to ease aggressively, as I do, the drugs don't work. At all. Nor do the foods. If they rally, it will only be because the economy is even worse than we thought, but I just think the Fed will simply ease more aggressively, making these painful to own.... Jerry, in plan words, what can be bought? Thanks