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Strategies & Market Trends : Rande Is . . . HOME
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To: Joe Smith who wrote (12010)9/10/1999 2:58:00 PM
From: Rande Is  Read Replies (1) of 57584
 
Who dares call the direction on ADFC and LDIG [TUNE] ? ? ?

I honestly cannot decide, whether I want more of these for next week. . .or if I want to cash in now and wait for profit taking to load up. . .

I sold LIOX, ETYS, IMGX and PVII today. . .which has so far been the right move.. . . but in the last hour, will there be profit taking for the weekend?

Remember, most of the action today has been SPECULATIVE. . .not sector rotation or sector moves. It already appears that hands are fairly weak.

Today, I bought FCM in anticipation of the new Fortune magazine coming out. . .this should be about a 3-4 day swing.

I bought JBOH to add to my E-brokerage basket, which is now overflowing. . .

I bought more ABWG for the same basket.

Hoping very much for profit taking on ETYS. . .it was a real risk to sell. . .but it was MORE of a risk to hold. I would love to have my ETYS back before the weekend.

So we must ask ourselves. . .do we feel lucky? Should we leave that money on the roulette wheel and give it another spin? Or should we take our cash and drop it into some stocks that are far less volatile?
I am leaning toward the latter. . .The idea of running up from here on the IPOs is just too hard to imagine.

Some broadbands are looking more attractive here. . except HLIT, which just keeps rising like it is full of helium.

Would love to hear some thoughts and predictions on Monday and next week.

Rande Is
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