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

To: Rande Is who wrote (17370)	12/27/1999 5:39:00 PM
From: bobkansas	Read Replies (1) \| Respond to of 57584

I had the feeling you were going to go out on the limb any day now. Your instincts are right on imho. I do see QCOM going on up another 20 to 40 percent over the next two weeks. It will be a "CMRC" early next week due to the 4 for 1 stock split. Also, Softbank (sftbf) is on the move up again. This stock should be a part of anyone's foreign tech stock holdings imo. Looking forward to your site getting up and running. Best regards, Bob

To: Rande Is who wrote (17370)	12/27/1999 5:43:00 PM
From: KM	Read Replies (1) \| Respond to of 57584

I'm curious. Where do you see the OLBs in this scenario? They are, as you know, nowhere near their highs. Thank you.

To: Rande Is who wrote (17370)	12/27/1999 8:10:00 PM
From: Trumptown	Respond to of 57584

I completely agree with your thoughts...and yes, the mice are out running the fat cats...like never before! December psychology turned out to be Octoberish...but, stronger than I ever expected... I absolutely agree the high fliers have a strong possibility of a mid month sell off...depends on how strong the first 2 weeks actually are. However, in typical fashion, I believe we'll see that money flow into the second and then third tier stocks into the third and fourth week of January... If the first week of January is soft, I will probably run for the exits immediately...not the likely scenario... With what we have seen in December, it's hard to believe January will follow, but the trend and momentum are strong (who would have put QCOM over $500 a few months ago?...or my $3 PUMA at $80 -cringe-)...with those on the sidelines, and unwinding of short positions, it could be an explosive couple of weeks... We are clearly in uncharted waters, and may very well be on the verge of the largest 'blow-off' top in the history of modern civilization...cool heads and objectivity will prevail. SR

To: Rande Is who wrote (17370)	12/27/1999 9:11:00 PM
From: herringbone_100	Read Replies (1) \| Respond to of 57584

<<I am out here on my limb again. . . . but this is the only thing that makes any sense to me. . . .and I must go with my instincts. Prior to this date. . . I suspect tech stocks will surge ahead WITHOUT many of those that have been counting on a December pullback. I believe the selloff will last into the first week of February. . . which will be the time to find the tech bargains. . . . though the word bargain will be relative, because the lows then will be HIGHER than todays highs. . . . This is not good news for traders. . . but is fine for investors.>> Rande- I am mostly cash and doing hit and run swing trades ... waited for pullback in good issues that never really came... are you saying that NOW is the time to buy these over-priced bullies, according to your above scenario? Every bone in my body rebels against buying these after such huge run-ups... and you're saying you expect them to be still higher after a sell-off then they are today?? This is insanity, but you may be right... I have to keep reminding myself that I thought the same thing about the insanity 2 years ago-- when I first heard of CMGI- I would be a multi-millionaire big time if I had held original shares I purchased then. O.K., time to re-adjust market reality again- don't want to be one of those perpetual bears that keep waiting for the 'big kahuna' all the while protesting against the insanity... there is money to be made as long as you go with the flow and keep one eye on the exit at all times. thanks for your clarifying post.