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

To: DENNIS TULLY who wrote (12973)	1/23/1999 12:01:00 AM
From: Ken W	Read Replies (3) \| Respond to of 29382

Dennis, Just a guess on the move up on IFLY today. Many of the short sellers will have closed their positions for the week. With all of the unsettleing things that have happened in the past 4 days, IMO, most of the nervous nellies either sold or covered their positions to day. Given the lack of volume for a Fri. I would also guess that most of the panic is over and the nibbling is coming back. This was only a 4 day week folks! The thing is not going to heck in a handbasket as the short sellers would like for you to believe. I'd be willing to bet that the Prez. gets a pass on his little frolic and lie...so next week should be goooooooood.... Think about the stocks you own. How much exposure to Brazil do you have? IFLY...not much, unless you fly to Brazil alot, and who the hech would want to do that! No offense to all of our south american friends. CNGR, nope APCO, nope GTNR, nope STVI, nope SORC, nope This whole thing was very healthy for the market. Hope you all got to buy some of your favorite stocks. Ken