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

To: American Spirit who wrote (24063)	4/17/2000 4:22:00 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

European markets not nearly as bad as Asian ones. . .down about 3.5% on average. . .remember many of these markets dropped considerably on Friday, whereas Asia is just now reacting to Friday's losses in the U.S., due to time zone differences. SPOOs. . seems to have stabilized a bit higher to down just about 12 points. I believe some retail players will panic and sell into opening. . . but that most money will be holding breath on the sidelines, awaiting someone with some fortitude to step in with a buy program to get a rally going. Looking to CNBC reporting of buy programs for the main trigger. . . but we should report all extra-heavy activity and large block trading in blue chip techs. . . I am not looking for a single session meltdown here. . .although it is possible. . .I don't think anyone wants to see the fallout such technical damage could have. Hoping for no gap ups then selloff. . .but rather steep gap downs, despite positive upgrades. . . Set your risk vs. tolerance vs. patience vs. reward ratios. . .and run possible scenarios in your brain during pre-market. . . so that you are not caught unprepared. Plan your trades and trade your plans. . . that hasn't changed. Best wishes to all. . . .I bought near close on Friday, and intend to do some bargain hunting about 30 minutes into the day. Thanks for all the tremendously informative articles. ..and for keeping the attitude positive. Rande Is