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


To: Kaliico who wrote (11834)9/9/1999 10:20:00 AM
From: Rande Is  Read Replies (7) | Respond to of 57584
 
LQID: If rumored brokerage is indeed accumulating on dips, then these dramatic swings for no reason are merely MM shakes to get us to sell to them cheaply. . .betting it turns around and ends the day higher. When a stock is manipulated as this one is, trading it near-term is a crap shoot. . . .I am maintaining full long position here. . .that has paid off best, since 18.

LOL> . IAT up 1/16 on 15k traded. . .lost 3/4 in 2 days. .hypesters interpret this as turnaround. . .<smirk>

GBLX Still selling off. . .what we are losing on GBLX, we are gaining on BBY. . . canceling one another out. . . .hard for me to imagine that shorts will win the GBLX squeeze. . .looks to be getting more volatile here. . .volume of selling is nowhere near yesterday's volume in buying.

CNBC reported NO PROBLEMS from 9/9/99 date on computers. . .but they are still going to discuss the fears the market has for this date. . .duh. . .do they think we are idiots? 9/9/99 is over. . . it already happened. . .and just as I predicted two days ago, there would be absolutely NO problems reported. . .the whole scare was manufactured. . .there was simply no way that a date could trigger a shutdown, unless it was specifically programmed to do so. . . which would be a pretty silly thing to program.

LOOK momentum continuing nicely. . . PVII making another nice accumulation move. . . so stealth it isn't even a SAM? LOL

IMGX Turned negative after strong gap up. . . if it doesn't hit some support soon, it could get ugly.

Other than that. . .it is a sunny day in the Tennessee countryside.

Rande Is