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Strategies & Market Trends : Rande Is . . . HOME

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To: Zeddie88 who wrote (32779)8/24/2000 10:57:50 AM
From: Rande Is   of 57584
 
Now you guys should know by now. . . . . . . . . . . that the best way to get a good price on a stock . . . . . . . . . . . . . . . .is to bait the short-sellers. . . when I throw out a "momo" type play PUBLICLY, it is primarily for the purpose of getting sharks to swarm and attack. . . .which will eventually give us a great entry point. . . it is sort of like speeding along the process a bit. . . and as many momentum traders have learned. . . it works like a charm.

The stock crossroads has risen 80% in the past few days. . . and is expected to disappoint in their earnings in about 3 days. . . but this is not the sort of stock to just let others slap around as they wish. . . .I believe that extreme moves up and down will occur on it over the next week. . . and that serious money can be made playing this stock both on the swing and daytrading in both directions. . . over the next 5 days.

Hence my alert. . .

And when it does fall out of the hands of the short-sellers, the squeeze will be very fast and very strong. . . meaning that I must move in WHILE the stock is dropping. . . often by holding both long and short. . . then when shorts start losing grip, dropping short positions. . .

Yes, this is complicated. . .but playing extremely volatile stocks often is.
Rande Is
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