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


To: Tradelite who wrote (23303)4/4/2000 12:59:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Nice story, Tradelite. . .but I couldn't DISagree more. The whole reason for any correction or selloff is to pull the stocks out of the hands of the little guy and into the hands of the larger more institutional investors. . .

That isn't my definition. . .that is textbook. . . and very well known. So I believe your source has been sold a bill of goods.

Thanks for pointing out EBAY, Tradelite. . .I'll go have a look.

Rande Is



To: Tradelite who wrote (23303)4/5/2000 6:14:00 PM
From: Tradelite  Read Replies (1) | Respond to of 57584
 
Everyone's got an opinion...mine is that everything that was wrong with the market before is simply repeating itself.

DOW going down.
Money flowing into over-priced, select group of NAZ stocks.
Speculative biotech bubble inflating again.

Got lucky and sold my Dow babies... HD and WMT... right before the market tanked yesterday....had no idea I was beating the rush. These stocks had met my price targets literally months before I expected and was afraid to press my luck for higher gains.

I will be looking for more selling opportunities over the next few weeks, have decided to abandon any thoughts of buying-and-holding anything in my trading account, and believe my best bet is to simply daytrade the QQQ.