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


To: Bucky Katt who wrote (15659)11/24/1999 1:41:00 PM
From: Rande Is  Respond to of 57584
 
We rode ETYS from $44 to $80 9/16 in October. . . then waited until November 1, before re-loading at $48 and riding so far to $64.

Do you think that Friday morning could see ETYS higher? I don't. And furthermore. . .I am moving into a defensive position. . .other than my speculatives. . . and am looking for a big sell-off on Monday.

So I am going to a high percentage of cash once more between today and Friday. . .however. . . I still could not resist grabbing some more T today. . .that 70% short interest really has me intrigued. . . and the way that ATHM, T and other T holdings have been heating up of late. . . they still look attractive despite what the market may or may not do.

Totally staying with these overshorted speculatives. . .as I watch them pop one by one. . . with screaming bears trying to hold on for dear life. Gotta love the volatility.

ATMS, IEIB, DKEY and other of William's Closet picks. . . its just a matter of time . . .waiting for them to pop. . . just remember to profitoften on the pops.

Rande Is