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


To: bobkansas who wrote (10793)8/13/1999 11:18:00 PM
From: DlphcOracl  Respond to of 57584
 
BOB MARTIN USA:

Bob, I established full long-term positions in the stocks I thought were greatly oversold and had bottomed out, specifically: GBLX, MNFX,GMST, and NOK. I also bought 50% position in JDSU; waiting for this to significantly correct is futile -- it has held up over the past month extraordinarily well.

If Monday is a correction, I will establish 50% positions in other stocks with excellent relative strength, specifically: PMCS, CNXT, SEBL and possibly VTSS. I think the worst is behind us and we will be in a volatile trading range over the next month. However, when the market does take off, if you aren't in it you will miss a significant part of the gain.