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

To: Tom Allinder who wrote (13247)	10/8/1999 8:19:00 AM
From: Tom Allinder	Respond to of 57584

One small group of stocks I am watching is the ISPs... Smaller ISPs like RMII, FCCN... these seem to be making bottoms on the chart...also seem to be ripe takeover targets. Thoughts? Tom

To: Tom Allinder who wrote (13247)	10/8/1999 8:44:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Yup, Tom. . .Taking a bullish stance on high-techs, despite the noise has turned out to be the correct move the past few weeks. I've seen bigger gains this week than any time since March. . . but its a stock-pickers market. . . each day I look at my gains. . plus 1,2,3,4,5,6 percent in a day. . . then look at the Dow and Naz being negative. I am beginning to think the advance/decline line doesn't matter as much as it used to. . .traders have adopted a comfort zone in sticking to large caps, blue chips and selected stocks. . . and the smaller long shot undervalued ones get ignored. And I think this disparity is increasing. . . the highlighted stocks are getting all the volume, and the rest are no longer getting a small part of the volume. . .they are getting next to none. So perhaps the A/D is not as reliable an indicator as it once was. Betcha a buck [male deer] some analyst makes that point on CNBC in the next week or two. Paper stocks and airlines upgraded today. . .talk about your leading indicators. . . .I think the market is turning bullish more each day. Rande Is