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

To: Rande Is who wrote (23997)	4/14/2000 5:27:00 PM
From: Smart_Money	Respond to of 57584

To have so many questions in one mind is very scarry. I too think the room is spinning. I guess I will pull out the DVD's.... the new star wars is only on VHS to bad..

To: Rande Is who wrote (23997)	4/14/2000 5:28:00 PM
From: steve susko	Respond to of 57584

i like answers to all those questions ... but only right answers.

To: Rande Is who wrote (23997)	4/14/2000 5:38:00 PM
From: bglad	Read Replies (1) \| Respond to of 57584

Excellent questions, Rande. I can answer only one for myself. That is that I, for one, am indeed grateful for your warnings. Most analysts have been perpetually bullish -- unwilling (or unable) EVER to suggest the possibility of a serious decline, until, of course, the decline is almost over. You saw it coming and put out the word, preventing huge losses for those of us who took your lead. I don't even know you but I feel like sending you a box of cookies. bglad PS Let us know as you come up with the answers to any of those other questions.

To: Rande Is who wrote (23997)	4/14/2000 6:17:00 PM
From: Stuart T	Respond to of 57584

Rande - You will never get a job on TV You tell it like you see it even if it is contrary to what the talking heads are saying. You asked a lot of questions in your prior post. No easy answers but I hope we can discuss many of them over the course of the weekend. Again I have to thank you for your warnings a few weeks ago. Sorry to say I didn't get out of everything but that's ok. I still have plenty of cash. I'm just amazed at the velocity of the decrease in the averages.

To: Rande Is who wrote (23997)	4/14/2000 6:25:00 PM
From: Bud G	Read Replies (1) \| Respond to of 57584

I wrote this little parody after the PG collapse in March but I think it might be relevant after today's action: Message 13131123 Hope everyone is looking forward to Monday as a buying opportunity and not fearing further weakness. DT

To: Rande Is who wrote (23997)	4/14/2000 6:49:00 PM
From: Tradelite	Read Replies (1) \| Respond to of 57584

Rande, I love all your questions. LOL!! If it will contribute to your research, you might be interested to know that I just contributed the max amount of $2,000 in my traditional IRA to a money market fund. Told the "advisor" who was "advising" me that I had enough money in the stock market already, and that I was happy to take the 5-percent + yield of the money market fund. It might also interest you to know that last month, I opened up a CD at 6.35 percent APY. Still sticking with my mutual funds, which are very conservative, have a low expense ratio, and have a good record of returns. I noted in IBD that as of this morning, I'm about even with the beginning of the year on gains in those funds.

To: Rande Is who wrote (23997)	4/14/2000 8:30:00 PM
From: LTK007	Read Replies (1) \| Respond to of 57584

why do all the people in my village not give a damn what the stockmarket did today? hint: at the country store where i hang out,i am considered the town character for that stock market foolishness i play with--max

To: Rande Is who wrote (23997)	4/14/2000 8:47:00 PM
From: American Spirit	Read Replies (2) \| Respond to of 57584

Fearless predictions and comments: (but don't take my word for it) The bottom was Dow down 700. About a half hour before close today. Panic to get out before the weekend and have enough cash to survive did it. Modest little rally at day's end. The stocks I bought when the Dow was down 700 will prove to be profitable buys (though they took iron balls considering I bought them on margin). COMS at 40, CMGI at 52, LOR at 7 3/4. Though almost any buys were incredible then. The market media machine and every market powerhouse all the way up to Clinton will have to start saying soothing things now. The entire world economy depends on it, as does Gore's chances and everyone's futures. Shorts will cover - huge huge huge. Bargain-hunters will dive in and snap up cheap shares. Just like every other day-after crash day we've experienced there will be a retracement of magnitude. If it wasn't tax day I'd say 50% for sure. But at least 30%. In any case a monster rally will probably take place, at least spread out over the next week. But maybe all at once if the right fuse it lit. Good earnings will remind everyone that things aren't so bad. IBM has 14 billion guaranteed revenue a year. Just an example. Excellent price now. If the Alta Vista IPO comes out (and I hope it does because I bought more CMGI today)then this will remind people that the glass isn't necessarily half empty. CMGI just fell 70%. There comes a point where the market has to say "no more". Big players who pulled out early like Goldman Sachs will be loading up. Who are their best friends in DC? Clinton administration. All the biggest powers will be behind a rebound. There will be selling into rallies but only by those who are desperate for the cash. Once we're past Monday things will get a little better. There will be some scared off or broke now who will not return to the market anytime soon. But others may enter from safe havens for the first time. MSFT at $75? Why not? Sounds like a safe bet. How about COMS at PE 16? Pilots are everywhere now. Arab Prince just bought 400 mill CPQ. He knows something many don't, that the computer business is rebounding nicely. The internet will not disappear, though some weak e-commerce companies will. Some International money will go into big US stocks, much of it into big name techs. There will be takeovers and consolidation with stock prices this low. Brokerage stocks will recover because nomatter what they make money on commissions. Low PE's and market caps will be noticed. Good news this past week was ignored. That won't last long. We will not climb back to old lofty levels. Everyone will be more careful. That is probably a good thing long term. Having been through three other crashes I can tell you this, buy don't sell into them. It's the only way to get your money back if you didn't get out in time. It's scary but the right thing to do. This crash may force some weak companies out of business permanently. Market evolution. Survival of the fittest. Invest in the leaders therefore, the undervalued gems with great futures and strong niches. You will hear nothing but good news on CNBC for awhile. Today is already in the past. The weekend will cool nerves. Shell-shocked investors will emerge. Stock prices will rebuild, at least gradually. I'm still up for the year (barely). How about you? Hope remains.

To: Rande Is who wrote (23997)	4/14/2000 10:25:00 PM
From: Margaret Mateer	Respond to of 57584

hi Rande, can't answer most of those questions but need you to know that we (my family and I) are very grateful to you and that you helped me save my family's $ this last month - we don't have as much as we did (stayed in a couple of stocks that I got attached to - lesson learned) but we have enough cash and now I just don't want to lose it! got to find the bottom and I'm in no rush to jump back in for sure considering how fast it all came unglued and what after-shocks may await us next week. holding puts on pvn, jpm and vrsn and I hate making money this way. it is so sad. here's another sad thought - I think I've learned that I can't be an investor anymore. I think I'll only daytrade after this horrible time we've all had. I've actually felt relief this last week because I've been closing most positions at the end of the day. well, that's it for now. I appreciate all that you've shared with us here. Peggy