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

To: Trumptown who wrote (21919)	3/8/2000 2:15:00 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Hey, Sting. . . I am digging in. . .I keep telling everyone that I prefer to sell early. . .and frankly, I am happy I have been selling. . .watching some of my favorites. . . fallin' and can't get up. . . From here through April, I'd rather stay VERY light on my feet and just go in for some scalps or perhaps a swing trade. . .but my positions are shifting over to the beaten down Merck, McDonalds, United Airlines, Caterpiller, United Parcel Service, etc. etc. for the summer. This way, I feel that I am holding stocks that will at least hold their value. . . yet have a good chance of gaining from here. . . I don't believe the Dow will just drop every single day. . .I just think it will take a month or so for the tech players to give up their plays. . . this is what killed so many last year. . . .forcing that last nickle out of tech stocks that have already run 400% in the past 6 months. What is the sense? So, it is either short the QQQ to hedge tech positions. . .or rotate. . . now I am still holding many small caps. . and small biotechs.. . but I am watching the Russell 2000 very carefully. .today it is down 1.33% . . far sharper decline than any major index. . . this has been a strong and safe place the past several months. . . but if that changes, I believe a large selloff will follow shortly thereafter. . . .so watch the Russell. This is nothing new. . . we have discussed this for some time now. . . I just didn't realize we'd be starting so soon, until I started looking at things while Greenspan was speaking. . . I believe the large money is going back to the sidelines. . .but will eventually rotate back into cyclicals, banks, transportation, retail and REITs. . . .slow safe plays.