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Strategies & Market Trends : Rande Is . . . HOME

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To: American Spirit who wrote (15548)11/23/1999 11:21:00 AM
From: Rande Is  Read Replies (2) of 57584
 
Some issues that just won't quit, despite the selloff. . .

I added more to many such issues today. . .including our tiny coming brokerage. . .and LPTHA and LDIG, which are still under accumulation for good reason. . . the rumors I am hearing are very positive and the stocks are trading accordingly. . [I don't like to pass such things on. . .as it too often leads to disappointment and greed and confuses our trading]. . .

I am using the weakness today to add to my mania positions for tomorrow and Friday. . . things like TGLO, BYND, VUSA, NETP, etc. Be careful buying into things that are dropping. . there is much risk. . .and no guarantee that they will rebound anytime soon. . . . but for those willing to risk it, the weakness sets us up nicely. . . some of these tend to rebound sharply. . .and there is no real reason for this pullback in the markets, except that it is a slight correction to the recent gains. . . .but I believe that the speculators will start moving in later this afternoon and still play such issues on Wed and Fri. . . I also believe that Wall Street will be mostly out of the office. . . even though they know that we will be playing the speculatives. . . . just be sure to take profits the second you reach your target. . . because I also believe that there will be a flock of floating MMs that will arrive just in time to spoil the party. . . so be swift in your swing trades. . .and do not get greedy. . . not this year. .. especially after what we did to them last year.

Rande Is
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