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

To: Paullie who wrote (16466)	12/9/1999 4:27:00 PM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Yes, consolidation of LPTHA at or near $12 would be a nice goal and healthy for the stock. . . .remember, we don't want these things going straight up, or they will come straight back down. . . .look at a daily on LPTHA. . . We started covering the first of November. . . there was a really good support level established at 5 7/8. . . .then we popped to 8 and consolidated around 7 1/2. . . then we popped to 11 and consolidated nicely into the 9's. . . now we pop to 12. . . tomorrow perhaps even 13. . . so the natural hope is that we consolidate in the 11's . . . that gives us one more stair step of protection against an assault of sorts. . . . The beauty of this is that those that responded best to my table pounding at $4 were the first to take their profits near $12 for a triple. In other words, if you bought 3000 at 4, you could sell 1000 at 12 and get your original investment back, plus still have 2000 shares. . . free. . . . this type of action creates INVESTORS. . .and investors have stronger hands. Meanwhile, most of us have been trading up and down. . . buying the dips and selling the peaks. . . this keeps the stock liquid and makes us even more dough along the way. . . and if we get stuck holding any of the bags. . . so what? It is a long-term holder anyway. So yes, we make a small gain and we consolidate. . . that is the best we could hope to get until we get some really big news one morning. Rande Is