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


To: Rande Is who wrote (10507)8/5/1999 7:43:00 PM
From: Joe Smith  Read Replies (2) | Respond to of 57584
 
Interesting how ADAP ignored all the brouhaha today.

Also, TUNE is not at all in synch with the others. Also kind of interesting.

Rande, do you make anything of this?

Finally, I would be interested to see how few institutional MM's bought back into this and how many individuals did. I suspect that there are going to be some enthusiastic individuals holding the bag.

As far as I know, there was no real news that instigated this. One spark... Incredible how fast this all happened with no real catalyst except MM's manipulating the little guy. Thanks to the grace of this thread, or there too could go I.... You would think that the little guy would get the clue that this is not where you put your rainy day money!!!!



To: Rande Is who wrote (10507)8/5/1999 8:38:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
AOL To Feature After-Hours Trading

NEW YORK (AP) - America Online will feature a new section devoted to after-hours stock trading, inviting the Web's biggest mainstream audience into a market dominated by elite investors. The new service, scheduled for a November launch, will provide AOL's 17 million subscribers with stock quotes and related information on the often volatile dealings that take place outside the regular hours on traditional markets like the New York Stock Exchange.


In addition, Siebert is offering their traders after-hours trading for one hour before and one hour after the regular trading day. However, as I recall. . .stocks begin gapping at 8am EST. . .not 8:30am EST. . . so one hour ahead of the market is 30 minutes too late. . . .just enough to buy the gap. . . no thanks.

The day a company takes a big step to truly LEVEL the playing field in favor of the individual online investor. . .I will be truly impressed.

Rande Is



To: Rande Is who wrote (10507)8/6/1999 9:20:00 AM
From: DlphcOracl  Read Replies (1) | Respond to of 57584
 
Negative data regarding employment and jobs released this morning at 7:30 AM EST:

non-farm jobs created: 310,000 (200,000 anticipated)
Unemployment rate: 4.3%
wage rate increase: 0.5% (0.3% anticipated)

These numbers are considered "inflationary" and over the remainder of August will hang over the market and help it to trend lower. It also increases the stock market perception that an interest rate hike on Aug. 24th is likely. Truth be told, I thought a rate hike was imminent anyway.

I intend to take advantage of the negative sentiment and slowly accumulate my favorite stocks over the course of the month leading up to Aug. 24th. Xmas comes early for investors in August; take advantage.