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


To: DonnaS who wrote (21001)2/23/2000 10:27:00 AM
From: Rande Is  Respond to of 57584
 
Donna, you are reading correctly. . .this is a wash and rinse cycle on 3 levels. . .the markets. . the sectors and the individual stocks. . .biotechs are one sector allowed to run today. HOWEVER, I believe that most every stock was allowed to run by Market Makers today. . .in hopes that Greenspan would say more harsh words about economy that would seriously tank the markets. . .as MMs, etc. take short positions near the highs. . .they are betting that we will tank today. . . not a bad bet. . . so stay light on feet. . .and sell those peaks. . . who cares about unrealized gains. . .PROFIT OFTEN. . .and grow your portfolios gradually. . . one day at a time.

Today, I am finally back to all portfolio highs. . . after a massive loss on that Monday when I left money in the markets, checked out of the hotel. . . and the Atlanta Fed Chief spooked the markets. . . .while I was unable to access quotes. . . .won't happen again. . .wireless device should be live by this weekend.

And to the joy of some here. . . my number of words per post should drop dramatically when I must print rather than type. <g>

Rande Is