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|This bulletin was published on Sunday,
Oct 24th, 1999 just for you.
Past Weekly Bulletins
I know, I know, I'm sending this out two days late. After finishing up this weeks Weekly Update for mailing on Sunday, I missed one very important step. Yes, you guessed it, I forgot to mail it! Apparently, the memory cell that was holding that particular little sparkle of information, died somewhere between editing and emailing.
So... Here by the grace of a refreshed memory and embarrassed RollingStock100 guy, is this weeks Weekly Update for 24 OCT 99'.
There are many Rollers performing just as they’re supposed to, unlike the market in general. I initially listed all the stocks that fell into this category. I then realized that there were too many stocks to list, and still be appreciated. Our List of Rollers is doing as it usually does, go, in a predicted manner, up and down.
In other words, several of our Rollers have hit their approximate low and boomeranged back in the direction of what’s been earlier predicted. Check them out. Run a quote and a chart on each, you’ll see what I’m talking about.
I’m making a special issue of this, because so many Traders have been worried that the market is belly down, and all is lost. Well, it isn’t! What we’ve seen in the last few weeks is simply, but one more snag to overcome in our quest to wealth.
I removed SIMS from our List primarily because E*Trade, who I use as my default chart research center, couldn’t compose a chart for us on that stock. As a matter of fact, it was to the extent that all of our stocks were automatically erased from E*Trade’s research capabilities because of that one stock’s inclusion. Now that it’s been cast to the proverbial cornfield, all is well.
We’ve a total of three less Rollers on the List this week as compared to last. There are however, signs of a price turnaround for many that have, thus far, weathered the storm. This Roller Jockey’s near term prediction is that we’ll soon see an influx of newfound Rollers from our many readers.
Greetings Fellow Trader, by Jeff
Made it through another week without the investment world falling apart. Sometimes I can't fathom the way the market reacts to the earnings from a single stock. The DOW looked like it was on it's way to recovery but then IBM came in with an earnings report and all of a sudden we're back on shaky ground. In my job as a Computer Engineer we knew in advance that a lot of companies were putting freezes on any changes starting late third quarter to prepare for the 'end of the year crisis'. For my company that meant hardware sales were going to be affected also. I can't believe that all the planners for IBM didn't know there was going to be a slowdown towards year end and adjust the projected earnings.
Now for some good news, going through the lists of Rolling Stocks came up with another bunch of winners for what was supposed to be a down week. One of the easiest ways I know to keep track of the Rolling List is to put a group of ten or so into the quotes at Yahoo.com. http://finance.yahoo.com/q?s=abx+acrt+acx+aklm+anic+arti+atis+atvi+axc&d;=3m This brings up a three month chart of the stock along with other basic info. I have a folder called Roller Watch in my Explorer and can go right down the list and get an idea of stock movement in less then 15 minutes. Jeff
If you'd like to view the past Weekly Bulletins, there are a variety of places to go. Take you're pick! You'll find they're easily accessible for your viewing at Delphi Forums, RS100's Premium Board, Yahoo! Clubs, MSN Clubs, The Motley Fool, Lycos Clubs, and The Raging Bull.
I know what your thinking... What idiot?! Would have seven different message boards for their web site and post the identical information on each!? Well the answer is simple...LLH that's who :-0) If you've read this far you're probably expecting to stumble upon my reasoning for this about now? So here it is: each of my message boards are located in popular "communities" catering primarily to the financially minded web surfer. When one of these investing voyagers of the net drift onto one of the RollingStock100 message boards, the inclination is to click over and check out the web site that's sponsoring it...namely this one, RollingStock100.com! It's just a method of attracting future members by giving them a trail of bread crumbs to follow.
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