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To: drsvelte who wrote (4500)10/21/1998 4:42:00 PM
From: Shelia Jones  Respond to of 14427
 
Yes, and it wasn't pretty. Last news I saw was an earnings announcement on 10/14.

Have not a clue. To give you an idea - I was reduced to actually looking through their annual report a few minutes before the close. Ha!

Well, Mr. Jones wanted it in his retirement account - so there they sit. Will probably gap down tomorrow.

I wrote this scan a few weeks ago. It looks for accumulation within certain parameters I'm interested in. Some of my small caps were found there such as KIDD, MRG, MSCA on Friday. Last night's selection included KTIC and NCSS. Singled these out based on FA.
Won't run tonight's scan for a few hours yet.



To: drsvelte who wrote (4500)10/21/1998 4:47:00 PM
From: Thean  Read Replies (2) | Respond to of 14427
 
Whatever correction we got today was definitely shallow. S&P closed above a very important 1065 today and this is technically bullish. If we get a confirmation tomorrow - the rally continues - it is safer to be on the long side of everything (other than gold) than shorts.

The banks did give up some gain, but for sure not too many want to take profit for fear of selling too early. They may be right. I did closed out my AFS put though. Shorted FGII.

COF is on a good mo since it announced big growth for next year. This will keep the credit card issuers like KRB supported a while. I'm playing day-to-day now and don't be afraid to sell too early. That is money in the pocket. Can't go wrong with this approach.