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

To: KevinThompson who wrote (11403)	8/31/1999 12:21:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

I correctly called T a swing up 10 points in the spring, then called it back to 45. . .William called it all the way to 42 . . Looks like he is going to win that prediction. . . .already hit 44 1/2. One thing I have learned from this thread is to NEVER bet against William. The guy has more experience with these markets than all the members of some threads added together. Lately he has been liking the really really aggressive plays of the options markets. . .but balances that out with undervalued/undiscovered sleeper gems. . .especially those with lower floats. . . BuyLow-hold-wait-wait-wait-wait-wait-POP-sell-repeat. His calls on many of these have been remarkable. . . but it is only for those that have the patience to hold a speculative play for 3 to 6 months or longer if need be. If you tend to get nervous and sell, it can be frustrating. . .especially when you see them pop. But the rewards to the patient can be extraordinary. . . doubles, triples, quads, 5, 6, 7 baggers. We are hoping that after Labor Day, he gets done with all that summer vacation stuff and comes back to work. . .<g> Rande Is

To: KevinThompson who wrote (11403)	8/31/1999 12:37:00 PM
From: Rande Is	Respond to of 57584

Big buying on gold stocks started about an hour ago. . . Gold up 2 bucks. ASL, AU, ABX, GOLD, PDG, NEM, HM all up sharply. I am passing on these moves. I think it is merely a dead cat bounce off the recent fall. Remember we started buying internet stocks on July 21, when the price was $253/oz. We made over 25 percent on our gold stocks overall. . .as we held until about the 2nd week of August, when gold was $261/oz. Soon after we sold, gold tumbled all the way back to 252 and change. It is bouncing here, but I don't anticipate nearly the gains like we saw. . . . so I am staying out and saving my dough to jump back into internets, hopefully on Thursday. Rande Is