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


To: Rande Is who wrote (10044)7/26/1999 9:46:00 AM
From: Rande Is  Respond to of 57584
 
Daytraders only. . . .Picked up some MAIL just as CNBC mentioned. . . volume went from 60k to 300k in about 3 minutes. . . .some sort of word about T acquiring.

In the time it took to write. . .volume moved to 500k.

Rande Is



To: Rande Is who wrote (10044)7/26/1999 11:13:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
TD Waterhouse Group [TWE] online broker now BELOW their original IPO price. . . beginning to look attractive again. . .especially under 18 7/8. . .support level building, but still like catching falling knife. . . I may buy the bounce.

BDE still drifting lower. . . I hope we see 3.50 again. . . here is why. . . there were MANY MANY MANY that have indicated a desire to get into BDE, but passed, because they missed it near the lows. . . so the best thing for it in the long run is to go all the way back before everyone reloads. . .and we get a new group of buyers. . . . sort of like pruning the rose bush.

Other SAMs doing well, despite the market.

Very slow market. . . daytraders gone on vacation. . . MMs and brokers, too. . . . low volume leads to higher volatility. . . so be on the look out for potential bottle rockets to get things going some.

Otherwise, we are in the midst of about another month of very slow downward drift. . . exactly as I had predicted 3 weeks ago.

Rande Is