Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP 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. ------------------------------------------------------------------- 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. ------------------------------------------------------------------- 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"