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Strategies & Market Trends : Rande Is . . . HOME

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To: Tradelite who wrote (17315)12/26/1999 11:40:00 PM
From: Trumptown  Read Replies (1) of 57584
 
".....truly, there is a lot of money that has to go somewhere in this market. Will be interesting to see what happens in 2000." - I agree...the market could easily surprise even the bulls....

The market continues to follow the seasonal trends very similar to 1 year ago...this has similarity has provided valuable insight this year...

Leading to the following conlcusions:

1. January should be a very strong month (I plan on selling trading positions into the last few days in January)

2. Feb will present the first bucket of cold water, foreign money leaving (Y2K safe money) and interest rate concerns will bring out the sellers and shorts pulling the market down appreciably into mid/late month.

3. March should start off slow, but return buyers and short covering will create a spring board causing the market to rally hard from mid March into early/possibly late April in some cases (planning to sell again into tax time - by mid April)

It is reasonable to expect the end of April to be the start of a significant sell off...with tradeable waves thru the summer (but nothing like January and April). It is an election year, so the case for a big sell off in October is slim...however, a big sell would serve the Republicans well...who controls the money?

This week is the time to take positions in your favorite tech sectors. I like xDSL, ASP, OLBs and the beat up B2Bs

SR
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