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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (11539)9/2/1999 11:48:00 AM
From: Rande Is  Read Replies (4) of 57584
 
Well, our leading indicators. . .CMGI, YHOO, DCLK, ATHM are all in an upward trend since the gap downs on open. I am feeling as though we have seen the worst on these this week. Perhaps ATHM will not break below 37 after all.

When you consider the Dow, Naz and A/D line. . .the leading internets have actually been quite impressive today. I am happy with these numbers for dipping my toes in once more. . .

Also, there is an interesting angle on short-covering plays going on today. . . Over-shorted issues like GRIN, TERN and DAB have started up today on covering. . . any scalpers back from vacation? Might want to lie in wait on some similar issues.

But back to those internets. . .I am looking for the ones that performed well on the outpacers list days. . .and also those that are still oversold and have not seen much recovery.

Rande Is
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