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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (10487)8/5/1999 3:53:00 PM
From: Rande Is  Read Replies (3) of 57584
 
I keep hearing word about a "bottom" on internets. . .let the record show. . .I DO NOT BUY IT. This is no more a bottom than the last one or the one before that or the one before that.

What will convince me? MAJOR MAJOR volume. . .inflows of big money. . .fund managers. . major players and the like. . . when they put their money down and jump in with both feet. . .then I will believe.

And if we miss it by a few days. . . fine. . . we miss a few points we could have had. . . but if we call it early, we stand the chance of losing big, if this is not the bottom.

Right now, AOL is down 5 and still dropping.

My guess is that today is a short covering rally. . .and a bear trap to catch some unsuspecting bulls that might have missed being caught in the wash and rinse cycle.

I see "a" bottom. . . but I have not yet seen "the" bottom.

Rande Is
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