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


To: carepedeum2000 who wrote (20695)2/17/2000 2:46:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Good play idea on CVM, Carpe. I put in a limit order for $7 and seconds before it executed they halted trading and opened back up near $9. So I took my ball and went home.

I can't help but think we are getting set-up again like the day before new years. . . . that week, everything was allowed to run hard. . .and even the dogs were running up several hundred percent. . . then come the first trading day of the year. . . we saw ridiculous gap ups on everything. . .for no good reason. . . then SLAM!! the MMs, brokers, hedge funds, and their brothers and sisters shorted everything . . . .

Once again. . . I am selling into EACH morning gap. . .better to leave some money on the table than to get caught in the slam.

And I am keeping my undervalued.. . .cyclicals. . banks. . .gold stocks. . platinum stocks. . .retailers. . .etc. . . .as I stated. . .I am holding these through Monday.

Rande Is