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

To: Rande Is who wrote (13663)	10/19/1999 11:28:00 AM
From: Kaliico	Respond to of 57584

< I nearly never play IPOs from day one> Nor do I, unless its B2B golden nugget with much street talk. Okay, i want to publicly state to ALL...it is very dangerous to play ipo's from the open. Don't do it, wait, watch the volume, price swings and above all the general market direction and sentiment. K

To: Rande Is who wrote (13663)	10/19/1999 11:55:00 AM
From: Rande Is	Respond to of 57584

Some concerns about today's activity. . . . I see today's radical moves as results of a short squeeze in many issues. . . the shorts have been in control all summer long. . .and especially the past few weeks. . . .and they do not want to give up control. Hence, they cover and take new positions very aggressively. . . and on each cover, they attract buyers. . .so we are seeing stocks gapping mid-day over and over. Up and down. I think that after the CPI report, what we are seeing is a jockeying amongst the bulls and bears. . . so it looks like MM manipulation, but I don't think it is. . . . as bulls & bears make their plays. . .as in a tug-of-war. . . yanking to the upside, dragging to the down. . .etc. etc. My feeling is that we rally hard into the close on short covering. There just isn't enough bad news out there. Warning! Bears have a tendency of releasing press releases by notable names, saying the markets are in terrible shape because _______________________________ [fill in the blanks with whatever] Accompora? Cramer? Reminds me of the Argentina scare. . .LOL! Gee I wonder how the Sri-Lanka markets are doing. . . So expect some such articles to come out at any time while markets are open. .. . anything to influence the markets. . . . and that IS manipulation. .. but then that is how the game is played. . . like t or not. Rande Is