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Path: utzoo!linus!philabs!seismo!hao!menlo70!sytek!zehntel!tektronix!tekecs!patc
From: patc@tekecs.UUCP
Newsgroups: net.invest
Subject: cheap stocks
Message-ID: <1692@tekecs.UUCP>
Date: Tue, 19-Jul-83 16:15:26 EDT
Article-I.D.: tekecs.1692
Posted: Tue Jul 19 16:15:26 1983
Date-Received: Wed, 27-Jul-83 00:11:12 EDT
Lines: 62

A comment on rukeysers Wall Street Week ,show.
...
according to a newsletter I get from Norman Fosback,
"after two years analysis of hundreds of stocks, all
securities suggested by rukeyser rise two week prior to
public announcement and then the following eight weeks
its all down relative to the general market"
here are the numbers from the analysis...

date			performance

3rd week before show	-.3%	
2nd week "		-.5%
week of show ( first 4 days) +1.0%
day of show		.5%
day after		+1.1%
remaining 4 days after	-.2%
2nd week after		+.3%
3rd - 9th week		-1.3%

accordingly the only way to beat rukeyser if you
know who is going to be on the show and what there
favorite stock is then buy it a week before the show
and then sell it the day after the show.
overall remember, it is impossible to profit from the
shows average recommendation. 

Fosback did a while back make some of this information available
to the press and totally outraged rukeyser but that has settled
of course rukeyser cant argue with history, but then who cares
10 million folks watch rukeyser and many of them react, as always
its the insiders who make the bucks and in the end its the public
who pays.
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now to the meat of problem,
I have been very active in options and new issues  and doing
very well however I must admit this current market is "frothy"
and losers are surely on the high.
Smart money is out of the market this month, august should be another
rally and hopefully then the new issue market will pick up then.

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being a fundemental/technical investor and loving numbers especially
odd lot indexes and such I think we should institute a new metric
called "net.invest response interest count" NIRIC I am simply amazed
after seeing little or no traffic for a longtime in "net.invest" that
now that the the bull has subsided that the sheep are coming out,
which is always the case then we know the rally is over for a while.
I suggest someone publish the NIRIC on monthly basis so that the 
aggresive speculators can have a new bellweather.

sincerly,
pat conley  tektronix!tekecs!patc

If anyone out there would like to share some new issue information
or option strategies please send me some mail, Im always willing to
share information.

"this b.s. in no way is any reflection of the opinion of tektronix and
was contrived totally by the fingertips of the author"