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

To: Rande Is who wrote (10698)	8/11/1999 5:41:00 PM
From: pressboxjr	Read Replies (1) \| Respond to of 57584

<< Yes, we saw another narrow based rally today, while declines STILL outpaced advances>> Rande, actually, advancers actually outpaced the decliners today. NYSE advancers - 1913 " decliners - 1233 Nasdaq advancers - 2288 " decliners - 1576 Now, I'm not ready to say this is the bottom, but today did surprise me a little. Why? I was surprised that both the Dow and Nasdaq closed right at their highs. I would have expected some selling going into the close. But hey, I threw my crystal ball in the trash can, I can't predict this market. JR

To: Rande Is who wrote (10698)	8/11/1999 11:58:00 PM
From: American Spirit	Read Replies (1) \| Respond to of 57584

Naz up 70 points. That's not a "real" rally? T is a special situation, scared they might have to reneg cable buy deal. WCOM up nicely. AOL too. NEM down. I believe it will carry through tomorrow. Optimism is cautious of course but I think we're in for a slightly up yoyo market until the 24th, then higher unless the Fed comes down hard on interest rates. Gold and oil look very toppy here. careful. I'll be careful too. Drug stocks look cheap to me here. Solid earners still down in pits.