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Strategies & Market Trends : Rande Is . . . HOME

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To: johnsto1 who wrote (29944)7/17/2000 4:29:02 PM
From: Rande Is  Read Replies (2) of 57584
 
Yeah, this will be the "proof" the street is seeking that says the Daytraders are back in force. Legitimate marginable shares are nearly non-existant. . . leaving only naked shorts. . . nearly the entire float has already traded today. . . the stock only started to run in the final 10 minutes of the day. . .and finally, the most important factor. . .there have been very few rocket style momos in 2000. . . so many of those momentum players that have been on the sidelines. . . will find this one. The news is nice, but hardly a consideration. . . the important news is the momentum vs. the float. . . the momo'rs vs. the short-stoppers. . .in the morning we'll see who has the most juice.

Rande Is
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