SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Frederick Langford who wrote (11407)8/31/1999 2:22:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
This wash and rinse cycle is getting old already. . . up and down. . .the floor brokers call it "back and fill" . . . sounds like something that occurs naturally. . . like ocean waves. . . but we know better. The more the markets gyrate the more the brokerage houses make on trades in and out of stocks.

Was it a week ago when the Dow hit an all-time low? And now it is below its 50 day moving average.

So there is no question now about whether this week would see terrible volume. . . we are trading in the half-billion share range. . . very unusual. . .except for the last week of August. . . . .history predicts the future once more.

CNBC hyping FATB like mad today. Responding well to it. Once they get hold of a story, they pump it about 6 or 8 times.

Looking at BIG losers in the internet/high-tech catagory. . . hard to imagine this group won't be significantly higher in one week.

Rande Is