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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (17851)1/4/2000 3:03:00 PM
From: American Spirit  Read Replies (1) of 57584
 
More selling. Near the low of the day now. Even stocks upgraded today are now dipping slightly. Wow.

Merrill in conference will probably go bullish now that they've loaded up cheaply (ha). I frankly see now rationality the overall drop, the real high-fliers aside. Great time to buy, as I've stated.

But remember what I always said about last year at this time. Profit-taking needs an excuse and now it's created one. Selling breeds more selling until it gets ridiculous. Yesterday's profits are being taken and now I'm down exactly the same amount I was up Monday.

One thing I know, with all the cash on the sidelines now the next rally is going to be fierce. Get ready for it.
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