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Strategies & Market Trends : 50% Gains Investing -- Ignore unavailable to you. Want to Upgrade?

To: reid brandon who wrote (1633)	10/28/1998 12:30:00 AM
From: Dale Baker	Read Replies (2) \| Respond to of 118717

I think another downturn is likely if not inevitable. A third rate cut in November could slow it down, but post-earnings reality will set in soon along with tax-loss selling and people seeking year-end security. Then about mid-December it will be time to go bargain hunting again before a January effect gets started. KTWO - tiny company, tiny float, tiny volume normally. If you play this, you are playing with professional daytraders who will be in and out MUCH faster than you are. That said, I will watch it today. But be careful. KTWO is moving in sympathy with DCLK; the small float makes it attractive for daytraders, that's all. In a different vein, value players can look at AES, the world's biggest manager of power plants. Looks good to go back to the high 40's from 41 now.