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


To: carepedeum2000 who wrote (16147)12/3/1999 12:40:00 AM
From: Trumptown  Respond to of 57584
 
For the NPNT fans out there...interesting piece:

quote.bloomberg.com
________

PDYN also worth a look...they have a strong technical advantage in the xDSL arena imho...will probably make a run. Kevin had resistance around $34...if the market cooperates and resistance dries up, $40 is around the corner...

SR



To: carepedeum2000 who wrote (16147)12/3/1999 12:46:00 AM
From: Trumptown  Respond to of 57584
 
This market is getting out of hand...I suspect many are/were expecting a Y2K meltdown (most likely timing around mid month)...and are playing it short...now getting uncomfortable.

That's the nature of the market.

I think this month will resemble the typical October...don't know how to do it, but believe an average of the last few Octobers would provide a glue...

SR



To: carepedeum2000 who wrote (16147)12/3/1999 9:04:00 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Good news again. . .stock market mostly ignoring bond market . . . there just is not any fear out there. . . what can I say? I had expected bears to get hungry and take their positions to push this the other way. . . .but now the SPOOS is rocking and rolling and everyone has a look of euphoria on their faces. You can't fight the ticker. . .the trend is up. . . my call on when we would turn was wrong. . . however, from here I am looking to make only MODEST gains. . . .the biggest gains need to be locked in tightly. . . we want to close the year out at least where we are today. . . so I am reducing risk in plays moving forward from here. I am planning on taking the profits as they come today. . . and will be taking near-term profits with regularity until the market turns. . . not holding short-term plays overnight much anymore this year.

Hope that helps

Rande Is