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Strategies & Market Trends : Rande Is . . . HOME

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To: Jeff O'Brien who wrote (26641)	5/30/2000 12:54:00 AM
From: Trumptown	Read Replies (2) of 57584

<<but also don't think we have seen the final bottom yet. Either way, I'll wait for some confirmation that we have started into an uptrend and go from there.>> It's a tough call...but here's what I see: 1. smart, patient money on the sidelines waiting for an entry 2. shorts don't see a reason to cover yet 3. longs continue to sell out of the rallies 4. the economy is finally starting to show signs of slowing If the market starts to show signs of improvement, the patient cash will start snatching up 'deals'. As that happens, the shorts will start doing their share (taking profits) and longs will become more committed to their purchases...all contributing to a decent rally aver the short term. Time will tell... SR

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