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

To: JLS who wrote (22880)	3/30/2000 10:56:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Good point. . .not enough pain. . .on other corrections, we saw that 4 day margin call squeeze. . .blood from turnips. . .this time we don't have it. . . making me believe that this is still part of the prior correction as the media keeps saying. Still drifting lower. . . 3/4ths of my bouncers were up sharply and very green earlier. . .now 2/3rds are red. . . and those that are green are up less than 1% here. I bought some techs near lows at open and sold others on the bounce. . .but not moving in with conviction .. . .though I am taking profits on some of my 3-letter stocks when they move up. . .so that I have plenty of cash to buy bargains when I see them. Bracing to move lower in the Naz. Rande Is

To: JLS who wrote (22880)	3/30/2000 11:48:00 AM
From: carepedeum2000	Read Replies (2) \| Respond to of 57584

my guess-- we will tank further, will retest 4450 area, battle back and forth, several head fakes, fear will intensify, weekend will come, earnings will start rolling next week, big one is yahoo on wednesday, earngings will be good, growth will be back in favor, and we will get nice pop next week, , problem is we will see selling into strength as most people will be getting positioned for summer tech doldrums, my strategy would be to target shoot leading favorites for next week bounce, then sell into strength, no long term additions here, planning on putting limit buys in on favorite traders at lower prices from here, jdsu,hifn,sunw,yhoo,hifn,qcom, etc will look for prices about 10% down from here for entry, if i dont get it, i wont chase it, only need to fill one or two to get nice trade anyway, thats my story and im sticking to it (for now) ps still like mwd for 90 plus by late friday