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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (16396)12/8/1999 11:52:00 AM
From: Rande Is  Read Replies (2) of 57584
 
Bought LPHL a bit over 11 . . and CIRC around 12 1/2 . . . .and CNQR around 31 1/2. . . also CORL is pushing 30 here. . . bearing it falling to 16 turns out to have been the correct move.

Another MM shake going on in HEAR. . .expecting it to go even lower before ending the day higher yet. . . This is important. . .look at T&S. . .everday since last Thursday, HEAR has received a sudden burst of buys after noon or later in the day. . . .this is probably that Accel Internet III Fund, which MSFT, DELL, SUNW, NOVL, etc. have just sunk a bunch of cash into. . . .they claimed HEAR as one of their babies in the last press release.

So MMs are going to continue to shake the HEAR tree to get some shares ready to sell into those rounds of buying. . . so the daily MO should continue to be morning gap. . .slow selloff. . .afternoon spike [don't try to catch. . .it will move too quickly]. . .then another slow sell off. . . all in all, over a longer period of time this amounts to a beautiful chart. . . Chart over past 6 days has been nice. . .but past two days have shown turbulence that I feel is the sign of a diminished inventory of stock. . . remember this is just 3.9 mil float. . . add to that institutional buying and speculators like us. . . and MMs are having to work for their shares. . . .

The big loser of the day has been SFO. . . down nearly a full point. . . but also looking tired after a recent runup. . .and also a stock with a 1.1 mil float. . . their Acid Music software is really finding an audience. . . suddenly everyone can be a composer. . . as you piece together samples of tracks that are designed to be compatible. . .to create dance or rock tracks for fun. . . .then you can upload your own sample tracks to the Acid Music website. . .Gee, now everyone can be a music hack! Sonic Foundry also sells professional music software. . .but it is Acid Music that is getting increasingly popular. Check their website out. .. pretty wild stuff. . . sorry I don't have link. . . .

This tech mania is impressive. . . lets just hope we are not building a house of cards.. . . .anyone want to buy my tulip bulbs?

Rande Is
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