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Strategies & Market Trends : Rande Is . . . HOME

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To: Mark Konrad who wrote (30978)8/1/2000 10:41:40 AM
From: Mark Konrad  Read Replies (2) of 57584
 
"Bonehead" buys...The following look to be conservative position trade entries today (I won't risk more than 5-10% on the downside): ELON, ADAP, FNSR, INPH. For the more aggressive position trader: GBLX, ANAD, IFCI, EXDS (sharp downtrend but there is a longer term uptrend support line at 44 or so). LPTH came close to hitting my downside target of 25 this am but it's too early to tell if 26 1/2 is the short term bottom. JNIC seems to be basing right around 40 but it is still in a downtrend. Both LPTH and JNIC (two terrific long term holds, imo) need to hold current prices or move higher to trigger any new buys--MK--
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