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

To: steve susko who wrote (10979)	8/18/1999 3:55:00 PM
From: Rande Is	Respond to of 57584

ADAP has been in play for quite some time, Steve. It tends to make gains, then does this up down up down thing. . then makes new highs. . It is getting shorted at higher and higher levels. . .so playing it near-term can be dangerous, yet long-term it looks great. Another stock that trades in the exact same manner is HLIT. Today it is being shorted like crazy. . . currently down 5 3/8 HELLO???? Then as I have watched on other days. . .in only a matter of seconds, the shorts cover and the stock runs like the wind. . . only it makes another new high. . giving shorts a new place to start the same game. . . so trading in and out can give you grey hair, but choosing a direction and playing long-term is about the only way I would go near these, unless I was set up for daytrading. . .then they would be a blast. Just so happens, I hold both ADAP and HLIT long. . . and tend to add more at lows. . .in fact HLIT looks about due here as I type [down 5 5/8]. . .see ya. Rande Is