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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (55218)10/20/2001 4:20:00 PM
From: Rande Is   of 57584
 
William, yes it's a great time for ratdogging. On those types with trumped up news I just look at the float and the volume. If both are low, I'll hop on board for the ride wherever it is. SFTY had 2 million in the float. I think it traded nearly 6 mil by the end of the day. No wonder it was up 400 percent in one day. Should come down just as hard, but you know what I always say about those types. . . . never turn your back on a low floater. . . especially in the frenzied markets like we have now.

And yes, a 4 bagger is almost like the old days. . . when we often used to be in and out of 4+ baggers before lunch. Ratdogging may well be the most reliable form of trading in this current market. Shorts have been having a tough time of late, as the tech markets have been hot. . . and longs keep getting trapped. . .but every day a few more rat dogs pop.

Take care,

Rande Is
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