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Strategies & Market Trends : Rande Is . . . HOME

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To: Jason W who wrote (15308)	11/19/1999 11:36:00 AM
From: Rande Is	Read Replies (1) of 57584

Look at a 1 min intraday. Shorts are hanging from OMKT like fans to Elvis. . . Now look at how far and fast it has run over 5 days. . . now look at the current market condition. . . now consider options expiration, which could further drag down markets as the day wears on. . .I don't have much problem with the stock or its technology. If it were in the mid-20's, I might even consider it. . .BUT! I call them as I see them. And I don't see more near-term gains on this issue. . .and in fact, I see pressure mounting to the contrary. Jason, would you recommend a trader start a new positions in OMKT here at 36? Rande Is

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