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

To: Rande Is who wrote (24524)	4/24/2000 10:06:00 AM
From: carepedeum2000	Read Replies (1) \| Respond to of 57584

i can "smell" a bounce, but i cant "smell" a higher close yet, right now,im still leaning towards a lower close, and will go short when i see the right bounce, my favorite short right now is akam after they report earnings, would like to see a big pop going into wednesday lockup release date and finalazation of intervu merger, which will put another 8 million shares onthe market for immediate sale, just watching for an entry point on that one, but i will not stay long for long on anything today, dont see any real strength in this market heading into thursdays numbers

To: Rande Is who wrote (24524)	4/24/2000 10:12:00 AM
From: carepedeum2000	Respond to of 57584

on exds long, how many more times do you think cnbc will come on today talking about exds and why they cant understand why it is trading lower on such good news? they will take it back to 95-100 by themselves, one other long i am watching is bout, earnings this week , and good news on media matrix report, and a 150 price target from h&q, this one can turn fast when "market gets right" edit- exds just hit 90, will be profiting often on this one

To: Rande Is who wrote (24524)	4/24/2000 12:02:00 PM
From: Kevin Shea	Read Replies (2) \| Respond to of 57584

FWIW... a look at the COMPX TA suggests that we have reached at least a near term bottom. Methinks that the "feelings" on the thread at accurate... the 4/14-4/18 bottom shows a reversal, today's dip is currently resting on the signal trendline..if it holds I'd be going long for a while...but I'm still watching the 3320-3340 range for a final wash/rinse... strength in the underlying TA suggests that if 3320-3340 is seen, it won't last long... I'm watching leading indicators, which often precede moves. The "active" indicator suggests a more controlled recovery, not a quick move. At least that's how I see it. Often we see a 3 wave cycle and we are now in the third wave. We may be seeing your 4d Margin dumperoski here,( if not just a stop cleaner, a final wash and rinse.