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Strategies & Market Trends : Rande Is . . . HOME

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To: e.von who wrote (9135)7/6/1999 10:35:00 PM
From: Rande Is  Read Replies (2) of 57584
 
. . . . . . Peering Down the Road again. . . . . . .

Erick and all. . .

Yes, several weeks ago we got out of the internets at highs, then we looked for the lows to jump back in. . . some of us got in and some didn't . . I know I missed a few that I wanted. . .but that is what happens when they fall and nobody wants them. . . . then they REALLY drop and stay there for all of a few minutes before racing north again. . . if you stop to get a sandwich, you miss it.

As for another chance before the winter season. . .to get back into Inets. . . I don't think that will be a problem. . . by August/Sept, we should see lows that rival June lows. . . then September/October if the powers that be can find something to worry everyone. . maybe Y2K this time. . . then we get another big drop like last year. . .which will be a REAL opportunity to buy.

But consider this. . . . most were not ready to buy last October. . . everyone was so caught up in fear. . .and losing so much money. . that the last thing on their mind was buying more stock. . . .and it was difficult to call the bottom. . . . .get in too soon and watch your money go down the drain. . . too late, and you are chasing. . . .not at all, because you are caught up in the fear. . .and you find yourself paying a major premium later.

Now, how many of us will be truly ready to buy, should we get a crash-like decline? You might THINK you are. . . but going mostly cash when everything is hot hot hot. . . is a VERY VERY difficult thing to do. If I said "sell most everything now and go cash for 2 months". . .would anybody? Most would think I was nuts. . . . but there is a time coming this month . . . . near the 15th . . . just like in April where that will be the call.

Rande Is. . . . . out on a limb again.
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