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

To: Paullie who wrote (14703)	11/11/1999 10:15:00 AM
From: Rande Is	Respond to of 57584

Paullie, It is not so much that I think markets will turn for good here. . . but more that I believe we will take a rest beginning this afternoon. . . but come Monday morning, we should be right on track with our B2B / Broadband group. . .so I will be careful to hold our babies by tomorrow afternoon. . . this is the BANDWAGON effect. All those investor wannabes are standing on the sidelines watching this market making extraordinary gains. . .by the weekend they will have called their brokers or funds . . .and fund managers will be forced to buy on Monday morning. . . Now, by Wednesday/Thursday of next week, I intend to go back to a very defensive 1/2 cash position. Remember, this is precisely as I predicted November would unfurl . . . weeks ago. Trading on conviction. Rande Is

To: Paullie who wrote (14703)	11/11/1999 8:14:00 PM
From: DlphcOracl	Respond to of 57584

Paullie: I think any weakness or sell-off will be shallow and short-term, not enough for me to alter my portfolio in any significant way. After the Nov. 16 Fed meeting (I believe we will see a third rate hike of .25%), I think the market will trade sideways with a slight upward bias. However, the Broadband/B2B/non-PC chip sectors will continue to be strong through year's end. Unlike many others, I do NOT see a significant sell-off or effect from Y2K concerns. It will be a source of many amusing media articles and TV clips, but little else. My point: I think you stand to lose more by trying to time exit and re-entry points for what I feel will be a minor dip.