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


To: BANCHEE who wrote (9467)7/12/1999 6:09:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
SWRX, SLNE, ESPS, SCTR, NTVN. . . . anyone feel like offering some DD on these? At this point, they are just a bunch of letters.

I really have no picks today, because I am more concerned with selling than buying. . . .it was tricky getting out this am. . . everything dropped fast. . . LQID was at 40 at one point. . . MIPS was up about 2 3/4 too. . . .

I plan on going about 40 percent cash over the next few days. . . and only playing near-term plays . . . I may still hold some set-top box makers, like GIC. . . and buy back TERN, etc. but going cash almost the rest of the way down. . . .and this time, I am selling micro-caps also. . .as these declines have been extraordinarily broad based.

I have to agree with TJoe's strategy during these low volume summer months. . . scarfing up the really low floaters that have promise. . . can bring some profits where there are none. Low volume summer volatility can lead to some gains on the least expected stocks. Otherwise, I would say just go short the whole QQQ or otherwise. . .for the next few months.

Rande Is




To: BANCHEE who wrote (9467)7/12/1999 9:15:00 PM
From: Trumptown  Respond to of 57584
 
"BDE...what is going on??..Someone mentions something and
we have a bunch of sells.." - I nibbled on that one all day...holding shares till further notice...probably some of the $5 and below buyers taking profit...chart looks a little funny...needs to base a a bit...

"OCOM tape looked real good," - lot's of recovery room on that low floater...

SR