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

To: carepedeum2000 who wrote (15591)	11/23/1999 4:20:00 PM
From: Rande Is	Read Replies (3) \| Respond to of 57584

I'm looking closer to $25, same as VUSA. Here is why. . .as of right now. . .everybody who is anybody on Wall Street starts a 5 day vacation. . . Wed/Thu/Fri/Sat/Sun . . .however tomorrow is a FULL LENGTH day. . . .now . . . add to that the number of daytraders, etc that are taking tomorrow off [highly suggested] . . .and the very high number of traders that generally work on Friday, but are off this Friday. . .glued to their screens, since they don't often get the chance to trade in real-time. . . . and you have what is going to be one extremely volatile time. When the Wall Street Fat Cats are away. . . the Individual Investor's Mice will play. So while I will be cautious that there could be some sort of trap set by MMs, etc. . . . it is simply not my nature to sit and watch the big game. . . .so I took some profits to free up some cash for speculatives today. . . also took some positions in the ones I feel will make the biggest moves. . . same as those we discussed on Monday morning. . . . . I am loaded for bear! The way I see it. . . tomorrow morning there will be mass short-covering in a similar fashion as we saw on Monday morning. . . it will be swift and over by the time the stocks open. . .but that frees them up that much more from short pressure. . . so I believe we will see the skyrockets we had hoped for. . . but be forewarned. . .less experienced. . .trying to trade. . .take profits gradually, to be assured of profits. . .don't get greedy. Best wishes for a fun holiday. Rande Is