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Strategies & Market Trends : Rande Is . . . HOME

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To: mike machi who wrote (37262)10/3/2000 3:51:22 PM
From: Rande Is  Read Replies (3) of 57584
 
Mike, to start I am short most every Nasdaq Fibre-Optic wannabe stock. . .I could find. I wouldn't short the leaders like CIEN or NYSE stock GLW. . .too rich for my blood. GLW is splitting 3:1 tomorrow.

B2Bs were hit hard at open. . . as were many on the "recommended" list I mocked at the open. If B2Bs were not already down so much today, they would have been high on my list. Too many issues fighting over too small a market.

Cult following stocks will feel the wrath soon as well. . .especially those which have recently risen sharply and unexpectedly. I sold nearly all my CORL in response to this move. . . nearly 6 1/2 so I'm happy. At this point, I am still plus about 2%. . . meaning I am nearly 5% higher than the COMPX.

Rande Is
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