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Good on you.
As you have checked over the Indexes, accordinglingy to the TA-Basics,
then you probably would have noticed that the ever-trustworthy and
profits-gainers Growth-Sector - the International Publishers -
are at the bottom of their LTU + MTU + STU channels.
(unlike the "cyclical by rates" Financials)
The Intl.Publ- sector will be one of the best "bets" for next 6mnths.
Therefore check-out these Premier EURO-companies with each
one-by-one very excellent GTR's(Growth-Track-Records for decades).
Most recently all have done major take-overs in a low-intrest rates
driven market!!! As continuing Growth-Sector participents ought too.
(much like the financials, their latest out-perform was mainly
aquisition+rate driven, as they know how to control finance best:
"buy low when rates are low" )
US ADR-listed(and BUY-signals were already given on the RSI):
Bulletin Board - Wolters Kluwer NV (WTKWY)
Nasdaq - Elsevier NV (ELNVY)
NYSE - Elsevier NV (ADS) (ENL)
Nasdaq - Reed Intl. Plc (RENEY)
NYSE - Reed Intl. (ADS) (RUK)
Wolters Kluwer (S/L DGR 241.50) Target DGR 350 - 370(AUG/SEP98)
Esevier N.V. (S/L DGR 29.40) Target DGR 44 - 47 (AUG/SEP98)
VNU (S/L DGR 43.05) Target DGR 90 - 96 (AUG/SEP98)
Reed n.d.a.
-As ones' insurance set your S/L-levels(shown in brackets) at
approx. 5% above their previous MTU-Major-Sep/Oct97-LOW's.
-And as you are US-investing, keep an eye at the US/DM rate,
a rise for you (a drop for us) can slow-down pace, but will not
have a great impact on reaching their new HIGHS.
Companies mentioned do have their own websites for more info.
The merger between Wolters and REED-Elsevier has been blown off,
due to EURO-committee negative recommondation on markets' monopolies.
This, however, doesn't effect their strategies and targets(see takeovers).
Regards,
Ton Maas
Ms-IRB International Indexes
QPE-quotes per email- for free trial periods(4 wks)
Ms-IRB@xxxxxxxxx
======================++++++=============================
-----Oorspronkelijk bericht-----
Van: Jim Greening <jimginva@xxxxxxxxxxxxx>
Aan: Metastock <metastock@xxxxxxxxxxxxx>
Datum: zaterdag 30 mei 1998 23:44
Onderwerp: Weekly Pick
>All,
> I've poured over my indices and have decided that nothing much
>changed last week. All the indices are in Intermediate Term Up Trend
>Channels (ITUTCs), there is sideways or downwards movement in all the
>indices, and the large caps are holding up better then the small caps.
>That means my plan of gradually reducing my large cash position is OK,
>I should still be going long, and should probably invest mostly in
>well known, large cap market leaders. This week I'm going to go with
>the Airline Group. The entire group has been strong for the last six
>months, but did correct back to the bottom of its up trend channel
>form mid-Apr to mid-May. It now looks like it's trying to move again.
>Since the load factors are good and increasing and the fuel costs are
>still down, it should be a good summer for the air lines. I like the
>chart of U.S. Air (U) the best right now.
> U at 70 is in an ITUTC with the top at 88 5/8 and the bottom at
>66 1/2. It's also in a Long Term Up Trend Channel. It started this
>accelerated ITUTC last Sep. and rose to an all time high of 82 1/8 on
>4/16/98. It then fell to the bottom of the ITUTC in early May and
>bounced up breaking the Short Term Down Trend Channel on 5/13/98. It
>then bounced along the bottom of the ITUTC hitting it twice more in
>May before making a strong move up last week to Friday's high which
>was the highest price in a month. The momentum has been rising for a
>couple of weeks and is nearing zero. Widner's support and resistance
>had been falling, but both turned up last week. The fundamentals are
>good with price/Sale of 0.68, debt/equity of 2.02 which is good for an
>airline, 34% insider ownership, single digit annual revenue growth,
>but over 300% earnings growth last year. I'm expecting a move back to
>the top of the ITUTC. I'll open a position Monday with a target of 88
>and a stop at 65 3/4.
> I'm going to drop the entry strategy I was playing with and just
>go back to taking a position at the open like I used to do. The entry
>strategy wasn't paying off that well and was sometimes hard to do if I
>couldn't track the market in the mornings. Taking a position at the
>open meets my "keep it simple, stupid" strategy <G>.
> I'll send a U.GIF chart to everyone on the chart email list. If
>you aren't on the list, and want on it, just yell.
>
>Jim
>
>
>
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