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


To: Sergio H who wrote (14288)3/3/1999 9:12:00 PM
From: Instock  Respond to of 29382
 
Sergio: Having a Ball shorting Tmex!! Like taking candy from a baby.

Check out BFLY. CEO on CNBC before the open. Kiss of death. Stock might Gap Down before it can be shorted. Watch and give it a try.

My TMRK has been doing well. Up another 10% today. Think itt is about time to take the $$$ off the table.
FNHC is fun to move in and out of. Kinda like a game. Not a bad play but there are better ones.

Good luck

Scott



To: Sergio H who wrote (14288)3/4/1999 10:59:00 PM
From: Instock  Respond to of 29382
 
Found this rather interesting. I think I agree more with the bear then the bull.

<<For the bulls - Major support levels keep getting tested, and keep holding. Many Dow component stocks are still looking technically strong, MCD, UTX, AXP, C, T the
list goes on... Also the financial sector is starting to come alive and that is always a nice sign for the bulls. Many stock splits making it more affordable for the average
investor to invest in companies they follow. Mutual fund inflows holding and gaining money last month (February). Buy on the dip mentality still the name of the game.

For the bears - Stocks are clearly overvalued. Many stocks outside of the Dow look technically broken. The tech sector looks disastrous with no real strength among
the leaders. Stock splits are being used to keep the market going and its happening in record amounts and this is really a negative not a positive. Stock market is not
about investing anymore it has become a casino. Mentality of new traders is this is easy money and now I will quit my day job and just trade and have the good life.
Mutual fund investors believing not only will they make at least 20% a year but they will never lose in a year or have risk of capital. >>>>

That's it...It's like a sea saw. Which way will it finally tip. I think the Bears will win soon, very soon. IMO
After that, the market will probably come back just like it did after this past Oct.

Scott