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

To: LTK007 who wrote (11022)	12/5/1998 9:24:00 PM
From: Sergio H	Read Replies (2) \| Respond to of 29382

Max, my only concern with the OEX is that it doesn't collapse and crush the overdue small cap renaissance. I switched all of my retirement accounts to small cap index funds. The market is doing 360's about twice a week based on interpretation and over reaction to the latest economic data. I don't think that the OEX volatility will evaporate, but short term slides will be offset by short term pops. The small caps in the meantime will benefit from investor confidence that the sky isn't falling and it is safe to establish positions. (The volatility also creates great opportunities for TA traders.) Last week's employment numbers clouded the picture. It looked emminent that the Fed would once again lower rates this month. The strength of those numbers certainly changed the picture. Small caps tend to benefit most from rate cuts, but the employment numbers are also a primary small cap indicator. A decrease in the employment numbers as a trend would be a small cap killer. Amigo Sergio

To: LTK007 who wrote (11022)	12/5/1998 11:21:00 PM
From: LTK007	Read Replies (1) \| Respond to of 29382

NAVR CEO on dumping 200,000 shares of his stock Paulsen says he wasn't selling on the basis of inside information or because he had turned sour on the company's future. He points out that he remains Navarre's biggest stockholder with 2.9 million shares. ''I've been in this business for 31 years and at Navarre for 15 years,'' he says. It's just that any entrepreneur feels entitled to sell his company's stock occasionally when the price is good, he says, and the price was very good for reasons that escape rational analysis. ''I don't control the price of the stock,'' he says.----my conclusion is if I was in Paulsens shoes,I would have done the same thing-Max