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

To: Joe Smith who wrote (14424)	11/5/1999 12:21:00 PM
From: BANCHEE	Respond to of 57584

Joe SIEB..Looks like it may have been a market order for a sell and they took it down to 17.....if this is what you are talking about.. Banchee

To: Joe Smith who wrote (14424)	11/5/1999 1:02:00 PM
From: Rande Is	Respond to of 57584

Yeah, that was a feeble attempt at driving SIEB short. . .no doubt by a short-sell group that is losing its juice from all those margin calls this week. HLIT has a similar look that is even better defined. ETEK also looking overshorted here. The difference between today and all other days this week is that from Monday through Thursday, bulls were strong and aggressive in taking their positions. As of the opening gap, bears have been the ones to make up most of the volume. . .which is decidedly lower than other days this week. So I have taken some profits on some of our high-fliers. . .EARLY. . .as the day wears on, bears positions increase and bulls grab out profits for the weekend. . .we could end the day flat or even LOWER. PROFITOFTEN. . . We could be finding bargains again by end of day. Rande Is