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


To: Kevin Shea who wrote (24596)4/25/2000 11:10:00 AM
From: Trumptown  Read Replies (1) | Respond to of 57584
 
Adding HEAR now...looks like momentum is on the uptick. A break thru the 20 dma is likely imho...

siliconinvestor.com

Holding DRIV for Thursday earnings...

SR



To: Kevin Shea who wrote (24596)4/25/2000 12:03:00 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
OT> likely will sit here and test for a while.. For just a moment, I thought you said we would sit here and rest.

After all this volatility, I'd bet that a vote to shut down for a week's rest would get a 90% positive response. Did you guys see the CNBC special last night? It was good. I hadn't realized they shut the whole market down each Wednesday to catch up with all the paper work. . .imagine pushing cartfulls of physical stock certificates back and forth . . . .this was pre-Nasdaq and electronic trading.

Sounds good, Kevin. . .I'm holding right where I am. . .thanks for staying with the analysis.

Rande Is



To: Kevin Shea who wrote (24596)4/25/2000 1:49:00 PM
From: Mark Konrad  Read Replies (1) | Respond to of 57584
 
Excellent analysis, Kevin! I see similar trends but believe the congestion will eventually break to the upside due to fundamentally positive world market conditions. Any churning between 3500-4000 will frustrate traders and drive managers to the sidelines creating a vacuum; this sets us up for a surprisingly strong summer rally that will continue well into the fall (imo).

A spike below 3000 would be a vicious climax to what we've already seen; I don't think that will happen (too many strong hands ready to pounce) unless there is a big external event (war, asteroid hitting the earth, etc!).

At these prices, I am becoming an unabashed high-tech optimist--much more upside potential than downside risk. Many of my individual stock charts are showing signs of exhausted down moves (example: from 65 down to 8, how much lower can a fundamentally strong company like OMKT go??).

Regards, Mark



To: Kevin Shea who wrote (24596)4/25/2000 5:55:00 PM
From: Joe Smith  Respond to of 57584
 
cnbc.com

Kevin- Perhaps this Cable TV conference will give the bounce we were looking for with NGTV.