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


To: Kevin Shea who wrote (11214)8/25/1999 3:11:00 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Yes, Kevin. . . I think today is the most significant day in the market since mid-July. We have our confirmation of sunny days, IMO. . . .we may still get hit by bears. . .but their teeth have been dulled, IMO.

The volume in these leaders is important. . . . now once again I am cleaning house and dumping those that had very little volume today. . .unless I really like them. . .

I am moving into leaders more than ever since our big sell-off in April. Money flow is the reason. I believe this rally will take us to new heights. My guess is that there will be many vacationers cutting their vacations short. . .and flights to NYC from Paris are probably scarce. . .LOL.

We side-stepped much risk by tip-toeing through the internets from the bottom. . . I am finally back to being fully invested. . . in fact, I need to sell a few dogs today to cover my buying.

The sky is blue. . .and much as the bears try to bring up the "fears of October FMOC" . . . OOOOoooo. . . Nobody is buying it. . . LOL.

The internet is not going away. And when broadband makes it full-motion and real-time. . . it will change EVERYTHING we know about communication, information, education and entertainment.

I really did not think this would occur so quickly. . .and was WRONG in saying we would probably rally after Labor Day.
I am wondering now what these new buyers will do when the shorts take new positions and their stock is no longer moving up. . . . that will be interesting to watch next. Are these new hands strong?

Rande Is