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Strategies & Market Trends : Rande Is . . . HOME

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To: Jason W who wrote (15334)11/19/1999 3:15:00 PM
From: Rande Is  Read Replies (2) of 57584
 
I received two letters of complaint in the past 6 months. . . both by the same person. . . who also sent a letter yelling at me for not acknowledging YOUR PICK of IDTC, when it was up a few bucks. . . he claimed to be a friend of yours. . . this was about 6 months ago. I now remember well that I did go out of my way to acknowledge your IDTC pick and to welcome you.

In his most recent letter, this person was extremely upset that I would play a momentum stock like ZNDT on the recent China mania. . . evidently, he assumed I don't play swing trades, but only long-term holds. . .he then sent several abusive letters to me about it. . .claiming he did not believe that they actually had deals with Pokemon, etc. . . which of course, I proved he was mistaken by showing him the press releases and news articles about Pokemon with ZNDT. Anyway, he went wild about how much money he had and how he could do this and that to me if he wanted. . . blah blah blah

So perhaps your timing of confronting me the next morning was just unfortunate. . . but in hindsight. . strangely coincidental. . .

Now if I had to answer your question all over again, I would certainly have recognized who you were. . . . and so I am truly sorry for answering without first researching who I was answering to. . . but 37 1/4 looked like a near-term short to me for the numerous reasons I stated. . . and your posts even now, fail to recognize that OMKT has run straight up since 13 to 38 5/8 in a similar way that QCOM did. . . and both appear to be overbought to me. . . .so I post what I see. . . that is what I do.

I am not going to spar points any longer. . . this contradictory statement you made sums it up best.

Your long portfolios were called mythical because I believe that you didn't put REAL money into these picks. I did not question YOUR character. How am I losing it?

Rande Is
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