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


To: Rene Madsen who wrote (22950)3/30/2000 4:14:00 PM
From: Trumptown  Respond to of 57584
 
I know the feeling...I'm getting wire brushed with HAUP, CORL and INIT...I gotta learn to stay away from them falling knives...

SR



To: Rene Madsen who wrote (22950)3/30/2000 5:00:00 PM
From: Rande Is  Respond to of 57584
 
True, Rene. Our timing was off on NTRO. . . but it was doing fine until today's hit. . . that one stung. . .-10 points in about an hour.

I still don't understand how this issue could have had so much recent great news, yet not get noticed. . . do the names Lucent, Siemens and Motorola not garner attention anymore?

Rande Is



To: Rene Madsen who wrote (22950)3/31/2000 10:25:00 AM
From: JLS  Respond to of 57584
 
Rene, yes that selloff on NTRO was ugly, and it continued through this morning. I was watching it all day yesterday as it held support at 82 1/2, as it had done for the past two weeks. It was uncanny how it held on. Even that big announcement about MOT could barely budge it out of that tight trading range. It was acting very strangely indeed in the face of the huge selloff. I happened to look away for about five minutes when the support was dropped to 81 and I immediately sold, as the stock was now acting more predictable, selling off in a Naz bloodbath. I managed to get my dollars out just minutes before it was kicked off the cliff, losing several dollars in the process from my buys at a higher price but salvaging a good portion of the funds.

I firmly believe that if NTRO had announced this news in a more favorable market, that we would have seen the move we were expecting.
Julie