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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (8655)	6/24/1999 9:03:00 PM
From: Bucky Katt	Read Replies (1) \| Respond to of 57584

Rande,, 1/4 is already figured by the markets, I really don't expect 1/2 of a point at one time, it was just a what if? If it happened, the fallout would be nasty, to say the least. The EBAY thing was luck, their system went down right after I bought the puts. I only expected a few point move. As for China and all the other unknows floating around, I always like to have an exit strat laid out, in case. My thinking about all of our micro/small cap stuff is that when the rotation moves to them, which in reality is where the old time value is residing, they will flat out cook. As an example, one I hold is COHT. Look at the earnings/revenue growth just out. An amazing story. But, I think it is ignored because many are chasing all the ipo's this week, so it gets ignored, but it will move in time. You already know I always play the short side of the S&P 500 futures, shorting the rallies, and it has been good so far. In any event, in these volatile markets, go for it....

To: Rande Is who wrote (8655)	6/25/1999 1:43:00 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

Rande Waiting a little longer to buy Back SIEB and JBOH.. Hoping for a better price. Then a hold to earning.. Brokerage coming down on beat the street earnings.. Timing could be right.( I HOPE) Rather sit with low float then try to catch on the run... PLCOP....... Out of the 203,400 trades today (my take) 7,ooo were sells from 10:58 to 12:44 trades of 500 to 1500 From 12:45 to 14:29 all buys of 2, 3, 5, 10, and one 17,200 also 2 or 3 small ones all @ 1.28 then @ 14:29 a sell of 16,000 @ 1.27 Then 3 buys @ 1.28 of 8,000 each and last buy of 1,500 shares @ 1.31 During the buying in afternoon a lot of then were doubles, by this I mean 2 5,ooo then 2 3,000 then 2 10,000 and so on. Either they were moving shares among MM or someone or group is buying for an unknown reason....What strikes me is that with all that consecutive buying there was no upward movement on price..If they were issuing shares then they were buying them.... I Also last run 5/11,12,13,14 broke down like this 5/11..open 7/8 ran to high 1 13/16 and cls @ high on 81, vol 5/12..open 2 ran to high 3 9/16 and cls @ 3 15/32 on 445, vol 5/13..open 3 1/8 with low of 2 7/8 and cls @2 15/16 on 270, vol 5/14..open 3 1/8 with low 2 3/16 and cls 2 9/16 on 43, vol Stock continue down from there each day after... This pattern looks just like the pattern on the run in Jan around the 8 th... Question...Are they packing for a run...or teasing for us to buy while they sell more shares?????? Watch open tomorrow for a hint...I might buy early if I see strength in buying....comments please Banchee PS Just realized I should have put this on fishing thread...