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Strategies & Market Trends : Rande Is . . . HOME

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To: Kevin Shea who wrote (8371)	6/17/1999 3:31:00 PM
From: Rande Is	Read Replies (3) of 57584

Thanks, Kevin for your technical analysis of Inets. They do appear to be weakening some. And considering the big gains of the past few days, one would expect there to be a sell-off prior to the weekend. The major index intradays sure look nice, though. So I am not expecting too big a move. . . perhaps just a mixed day on low volume. . . some sell-offs probably early morning, then some short-covering later in the day and some new positions taken in Inets for next week. So I would guess we will start out lower but end stronger tomorrow. . . . sort of a repeat performance of today. . . only sell-off should be somewhat deeper. This is purely a speculative guess and opinion based more on historical trading than on technical analysis. . .for those interested in both sides. Rande Is

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