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Strategies & Market Trends : Rande Is . . . HOME

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To: Bucky Katt who wrote (3463)	2/16/1999 12:38:00 PM
From: Rande Is	Read Replies (1) of 57584

You know it is bad, when CNBC discusses it [GBFE] and 5 minutes later it remains unchanged. The daytraders irc is rapidly becoming worthless as each buy is met with a short-sell. Many of the MOST popular SI gurus "find" their picks on the daytraders irc [that is supposed to be a secret]. . . .virtually all the momos discussed here were discussed there early this AM. . . .but those "finds" are unable to perform, due to this draw that occurs on each pick. At this rate, I would imagine that many SI stock gurus are going to find themselves without blind sheep soon. Personally, I am seriously cutting back the time spent watching momos. . .since there has been very little payoff in this arena lately. And there are still too many undervalued gems and undiscovereds that are just begging for a little attention. Wish I could post some of them, but with this market, the undiscovereds are mostly slipping back an 8th or two a day, which is all the better when we finally do grab them at a discount. Also, it is important to get a clearer direction on the small caps and the market in general. Rande Is

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