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

To: carepedeum2000 who wrote (26171)	5/19/2000 10:28:00 AM
From: ALTERN8	Read Replies (1) \| Respond to of 57584

Carep, I just cashed out of all my positions. My smellvision is not as good as yours but I just don't like the looks of everything and if we break to the downside I want to have all my cash for Nasdaq 2700.

To: carepedeum2000 who wrote (26171)	5/19/2000 12:29:00 PM
From: Daniel Mack	Respond to of 57584

Carp-fwiw I agree if we close below 3400 we continue downward trend, but I would be surprised to see that happen. Personally though I am looking at today as a buying opportunity (with tight stops). I believe many are trading this naz range of 3400-3800 and don't see many going short prior to the weekend, and some of those that are short will probably be covering. I actually wouldn't be surprised to see a modest rally before eod. Unfortunately there are no gaurantees in this market, you just have to play them as you see them. Good luck Regards, DM