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

To: American Spirit who wrote (16770)	12/15/1999 6:44:00 PM
From: Rande Is	Read Replies (3) \| Respond to of 57584

Great attitude, Spirit. A few things to keep in mind this month. . . I think that the rest of December will be mixed. . . some stocks will continue to rise, while others will continue to sell. . . here is why. . . What I saw today was the beginning of the "day-after-Thanksgiving" effect. As some of the biggest investors cashed out for the holidays, suddenly stocks like RHAT, ORCL and JDSU literally took off. That is leading me to believe that the reason is speculation. Think about this. . .the cause of the day-after-Thanksgiving effect is that as the large size investors walk away. . . the individual investors become more important to the moves of the stocks they like to play. And they certainly like playing CMGI, RHAT and others. . . .so I expect the speculators favorites to continue to soar straight on through the end of the year. . . .while the less favored issues selloff at the same time. [Incidently, CMGI is going to rip for the next week on blowout earnings, 2-for-1 split again and holiday volatility.] Now expand this sort of thinking beyond just speculative stocks. . .and you get a hodge podge of tax loss selling, profit taking, new buying on dips, fund managers selecting stocks for 2000, Christmas money going in, money to pay bills and taxes coming out, speculators doing both and the Wall Street Fat Cats watching from the sidelines. So here we are in mid-December and my prediction for the rest of the month is a little bit of everything. . . .forget sectors. . .one stock in a sector will rise 8%, while a similar one falls 8% the same day. Wash and rinse will be the order of the day. . . .and rotation in and out of tech stocks. . . the Nas and Dow will hardly matter. . . and by the end of December, we will ask "did we rise or fall?" And the answer will be, "we did both simultaneously." Rande Is

To: American Spirit who wrote (16770)	12/16/1999 1:18:00 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

American Spirit Glad to see that you are getting your spirt back.. There are no supermen here...Everyones goes through their bad days here even though they might not talk about them..I consider myself a dam good trader....But at times I get a little confused too...Trades don't go they way you expect them, maybe you hang in there a little to long, maybe your broker was to slow or ISP was screwed up or you know that the stock will come back and didn't want to give in....Take the dam loss and move on...I've taken quit a few but always came back bigger and better..( smarter too) Don't fall in love with a stock. It's a symbol with numbers attached to it..It is meant to be traded at the right time... I'm up over 500% since Jan of this year or should I say since I joined Randy Is....A lot of us looked at him strange when he started to call a TOP a couple of days ago....Myself included... BUT,,,,,the Captain is right...... I followed some of your picks and made some $$$ and I thank you for that UIS was the best...Beaten down are great but some times they take a lot longer and go down more...Rande is right...Diversify... Lot of good picks here, you just have to learn how to read them and have some faith in other posters that you know....Some are talking long term some short term and some short,short term. I try to give an idea of the length of my term...Like TTWO which I hope some people got in and stayed in...Watch this today...It make a point run in the last 1/2 hour of trading. 10k due today...MFNX remember LT and trading shares....quit a few opp there,,,FMC,,,we talked about this one in the summer when it was about 2...well it had two runs to over 4, one in Sept and one the other day to over 4.50...XYBR gotta love that one and it is only the start....NATS..Rande talked about this one till blue in the face, but if it don't take off when it is mentioned it get sold off..Gotta learn to hold and buy when it is down...BDE I still have faith in this one just have wait it out... Here is one to watch VOYN...I mentioned buying in 7 3/4 range,,, well it went to over 13 and is coming back to that buy range again. (HINT)....Rande's LPTHA...buy when in range....Don't worry if it drops,,,let it drop,,,,till it forms a base....That is when we want them....Let the shorts have their day or days....If we don't mention a stock all the time, doesn't mean that we forgot them....It means we are watching and waiting...................American Spirt, these are just some thoughts for anyone who wants them........ One thing I come to learn and it was hard,,was to follow my first gut feelling not my second one.....Also to be in tuned with Rande... Banchee PS Tks Rande for helping to have a great year.......