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


To: KevinThompson who wrote (13647)10/19/1999 9:43:00 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Been working on it. . . . I am finding todays action very peculiar. . . the SPOOS was totally hot. . . as hot as I have seen in ages. . . but I am not convinced that we are seeing broadbased volume. . . it appears Internets are rocking. . . indicating the Individual Investors are buying like mad, however blue chips and small/medium caps are not participating much in this rally. . . .

Look at CSCO and INTC and WCOM intradays . . . all sharp gaps up on open then trading lower and lower. . especially bellweather CSCO.

We should be seeing green across the board. . . . and we are not. . . that disturbs me. What are the fund managers waiting on? I will be interested to see the second hour, when the more experienced begin taking their positions. . .

Still somewhat cautious. . . but very happy having bought extra bargains before the bell.

Rande Is