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Strategies & Market Trends : Rande Is . . . HOME

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To: Intrepid1 who wrote (18987)1/19/2000 4:54:00 PM
From: Rande Is  Read Replies (1) of 57584
 
Etcetera, what your broker is probably seeing is a breakdown in TA. . .NATS has been weakening over the past few days. . . and with the lid the MMs were putting on it when it tried to break 8.50. . . it really has nowhere to go but sideways or down on the near-term. They recently reported some terrific earnings and if memory serves me correctly are preparing an annual report. . . but there is no telling when we will get any news from them. . . since they opened their website to current account holders, but have not yet launched their website nationwide. It is a great little company. . .with plenty of cash and great earnings. But with the OLB sector taking a bath of late, there is no telling when the alarm will sound to wake this sleeper.

Many here have traded NATS for IAAC, IMO. This has perhaps also contributed to recent weakness.

Hope this helps, Etc.

Rande Is
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