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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (30911)7/31/2000 2:06:50 PM
From: maverick61  Read Replies (1) of 57584
 
"This "rally" is tentative at this point; could very well be a "suckers rally"--MK-- "

mark, I would tend to agree with you - I have been using the rally today to sell some remaining holdings into strength. Everyone expected an oversold rally - we got it. Everyone expects we will then dive again, we'll likely get it.

Remeber Ralph Bloch's comments after the bell Friday - when he said we should see a short term rally next week, but in his opinion its a rally to sell into before we test 3200 - 3400

Just a word of caution. We may have another good day or two - but make sure to profit often
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