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Strategies & Market Trends : Rande Is . . . HOME

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To: DlphcOracl who wrote (44351)	12/29/2000 8:28:41 AM
From: Rande Is	Read Replies (2) of 57584

DO, sorry for short answer. Since we haven't moved up much final week of Dec, first trading day of Jan could go either way. Whichever way it gaps will probably not be the way it ends. I'll sell a gap up. But buy a sharp gap down. I lean toward there being a manipulated selloff first week. 2nd week is big earnings week. I think we rally around the 22nd, give or take a few days, because we will be through the earnings season by then. If no fatalities, we should see relief as earnings season ends by about then. Also, in anticipation of the FOMC meeting a week later. And if we get our cut, Feb should be a continuation of same. So we could see at least 6 weeks of rally starting Jan 22ish. . . Gotta run. . . Rande Is

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