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Strategies & Market Trends : Rande Is . . . HOME

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To: ALTERN8 who wrote (27817)	6/16/2000 11:41:00 AM
From: Kaliico	Read Replies (1) of 57584

REDF ipo update, keep an eye on this one... At day three it is hard for me to call, but the trend appears down for now, iam expecting 17-20 range (where i will buy) and then some sort of run into the QP. It's float is about 4 million so a 10 point run is in the cards for REDF imho, timing is everything, and yes, this is a risky trade. ICGE update : holding with finger on stop loss trigger. stock watch : MPLX is way down, has turned into a good trader... 13 to 16 back to 13 back to 16, it's a crazy stock and market. Reason for drop is supposedly : online ad spending worries and the shift to direct email by retailers. I suspect this trend is going to send many stocks into the tank if their biz plan is dependant on online ad sales, but i guess we all have known this for a long time. Kaliico

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