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Strategies & Market Trends : Rande Is . . . HOME

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To: Trumptown who wrote (27329)	6/8/2000 10:52:00 AM
From: Rande Is	Read Replies (1) of 57584

OK. . .took a bit of time to trade this AM. Liking strength in ISLD and RMTR yesterday and early this AM and shorts look done for a while. Agree with Kevin that this could be a critical phase for the rally. . .either we breakout or we breakdown. . .however an argument can be made that another trading range is developing . . . perhaps 3700 to 4000 or so. . . as we expected in earlier discussions. . . April 12, 2000: Message 13706360 May 13, 2000: Message 13408170 I still believe that the most important leg of a Summer Bull Rally will not start until around Labor Day. . . .that sidelined money is just not burning holes in investor's pockets. And unless we breakout firmly above 4200, I think we either stay in a trading range. . . . or break down. . . but only give a breakout about a 25% chance. Keeping long, some issues that hit ridiculous lows. . . but the regular high fliers will continue to get traded. What a nice day. . . .Nature calls. . .<G> Rande Is

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