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Strategies & Market Trends : Rande Is . . . HOME

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To: Brasco One who wrote (43593)12/15/2000 2:10:19 PM
From: Rande Is  Read Replies (2) of 57584
 
Donny, no reversal here. . . . I am leaning toward Rocklobster's call of a 4DML beginning with Wednesdays gap up. That would put us in the third day, which should hit the LOD in the final two hours of the day. [we should get confirmation of this any minute now]. . .

A 4DML would further imply that we will hit the low of day on Monday between 1:30 and 3:30pm EST as well. At this point, I am looking to cover my shorts Monday and begin to turn long on various issues as they move. Hopefully, we will rally off the backend of the FED announcement, but I'll have my finger on the trigger ready to turn on a dime if not.

One thing I will NOT do is buck the trend.

Best wishes to you,

Rande Is
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