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To: ViperChick Secret Agent 006.9 who wrote (56242)	10/24/1998 5:24:00 PM
From: ViperChick Secret Agent 006.9	Read Replies (1) \| Respond to of 58727

I find this interesting.... no further comment from me necessary as to why +Ron McKinnon (16878 ) From: +Ron McKinnon Saturday, Oct 24 1998 8:15AM ET Reply # of 16900 a little exercise got to thinking looked at Last Shadows post Mr Doe's fake portfolio my own results the market so--- took many of the stocks that I have on my sector grid looked at the performance from the 10/8 low to Fridays close tried to remember all the various reasons that the "Talking Heads" gave for falling stock prices bottom line: the DOW IS NOT REFLECTIVE OF THE MARKET being in cash during the massive fall and jumping back in at the low would have given 3 years worth of average returns in 12 trading days the stocks/sectors that were beat up the worst gave the highest gains a table is on my next post might be worth printing out keeping for future reference something to ponder over ---- To: +Ron McKinnon (16878 ) From: +Ron McKinnon Saturday, Oct 24 1998 8:19AM ET Reply # of 16900 % RETURNS ARE FROM THE LOW ON 10/8 TO THE CLOSE ON 10/23 % DJIA 13 7467-8452 HIGH TECH recession, asian flu, over capicity CPU 48 LU 45 CSCO 43 DELL 43 CPQ 26 ASND 25 IBM 21 MSFT 21 INTC 15 average 32 FINANCIALS recession, international issues, interest rates COF 86 PVN 74 KRB 46 BKB 38 CIT 37 FNM 32 JPM 29 FLT 27 average 46 LUXURY-TRAVEL recession. stock market losses, asian flu AVI 74 FS 64 CCL 56 RCL 48 HRZ 34 TIF 26 GUC 10 average 45 AIRLINES recession, asian flu, corporate cut backs AWA 43 LUV 35 AMR 33 ALK 28 DAL 20 average 32 OIL SERVICE supply demand inbalance TMAR 70 FLC 53 TDW 53 FGII 50 UTI 50 RIG 46 GLM 42 average 52 DRUGS no significant issues WLA 27 BMY 23 PFE 20 JNJ 15 LLY 14 MRK 7 average 18 NETS general volitility, lack of earnings SEEK 54 NSCP 46 AMZN 45 AOL 39 YHOO 25 XCIT 21 average 38 RETAIL recession, no Virginia, there will not be a Christmas this year HD 35 KM 35 TJX 31 WMT 28 FD 26 GPS 25 S 14 average 28 CHIPS, MEMORY, HARD DRIVES yuk,yuk,yuk, every issue mentioned above IRF 108 RDRT 61 VLSI 60 MU 49 NSM 41 QNTM 36 LSI 24 SEG 21 WDC 19 average 47 CASINOS recession, over capicity, asian flu CIR 52 HET 34 MGG 18 MIR 18 average 31 OVERALL AVERAGE 37% Next Previous

To: ViperChick Secret Agent 006.9 who wrote (56242)	10/24/1998 7:43:00 PM
From: donald sew	Read Replies (2) \| Respond to of 58727

Lisa, You are correct. DELL hit 60 the previous friday. That does not change my position but actually intensifies it, since the NAZ ran up even more during that period, where the best DELL could do was a double top. >>>>>>>> I think it was Tuesday that Dell reversed on its relative strength P&F chart....which Jan says it has never done.... <<<<<<<< Not sure what that means - presume its negative. Please confirm. WFC is right now in the midrange with a reading of 57, and the bais is to the downside. I have the maximum downside target of 320-330 range if the market dumps hard. The chart on WFC is not that bad, so be careful. Seeya