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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (16894)12/17/1999 11:35:00 AM
From: KevinThompson  Read Replies (1) of 57584
 
Didn't keep the ETYS I bought yesterday. Sold out with a very small positive. This one is scary. They burn cash like fireworks. Support is broken and I wouldn't be surprised to see bump down to the low thirties. Given that this is the Christmas season, it seems very shocking to see it do nothing but head south. I'm out.

I also sold out of ISIP. I would have expected a little more reversal than this after such a cut. Not looking very encouraging for the near term. Long term it is bound to go up, but I'm not that patient right now. It is trading at its 1992 levels.

Best,
KT
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