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Strategies & Market Trends : Rande Is . . . HOME

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To: Softechie who wrote (46552)	2/2/2001 5:34:23 PM
From: American Spirit	Read Replies (2) of 57584

ELNK popped big afterhours. One of the cheapies I was hoping to get Monday at $7. Now it's at $9. Oh well. Plenty more. I'm actually hoping for more fear and panic Monday morning to accumulate and load up on some favorites. VZ at 51, LU at 17, SUNW at 28-29, ORCL at 27, CSCO at 34. WCOM at 19. These are great bargains. Only trouble is I fear they won't be there Monday morning. After hours showed plenty of bargain hunting today. Buy the dips, people. Nothing has changed. And yes the Fed will continue cutting. Greenspan knows he's responsible for this and that consumer confidence is directly related to the stock market not crashing. Enough damage has been done already. Greenspan may not mourn the internet bubble popping but he doesn't want the hardware-software-telco sectors damaged. We are the great consumer nation and the world depends on us to buy buy buy. If we stop the whole world crashes. And Greenspan would feel personally responsible. Easy for him to cut another point in february. No skin off his back at all. So he will. Watch him. As for shorting, timing is everything and looks like Softie may have timed it, but it's not a real gain unless you cover. And in this market that means FAST.

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