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COMPUTER AIDED INVESTING

by Ed Kerins, NOCCC, edkerins@netscape.net - November 03, 2001 at 18:36:29:

Market expectations and strategies was the topic of the October meeting.

Irv Saunders espoused the view that we are in a significant bear market. He sees a leg up to Dow 9500 followed by a decline to Dow 7000. Members views on the length of this bear market ranged from six more months to over a year.

Members strategies during the expected bear market varies. Buying long term puts and short term trading were mentioned as favored strategies.

Ed Kerins advised that he would like to see a new CAI SIG leader take over by the January meeting. Members should be prepared to select a new leader at the next meeting.

Next Month

An update of an OmniTrader trading system will be given by Ed Kerins. Plus we will have the usual sharing of investment strategies, tools and techniques.



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