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

To: Silver_Bullet who wrote (27977)	6/19/2000 10:13:00 PM
From: carepedeum2000	Respond to of 57584

after waiting for a big move all of last week, i maybe the perfect contrarian indicator by giving up on the "big move" from this level, while there is a lot of cash on the sideline, finacials did well today,and im looking for a pre-fed meeting rally, i just dont think the rally is sustainable from this level, if we do spurt ahead, i think it will come back, i just dont like to start a rally with the vix close to 22, that has always been closer to a top than a bottom, hope im wrong as my rmtr short today got stopped out after a nice gain on the long side, everything else i have is long, but still selling into strength until "im convinced", hard to find many bargains with the nasdaq at this level on the other hand, where earnings warnings killed rallies last week, today honeywell warned and market ignored, oracle earnings will be big for the nasdaq tomorrow night, overall i guess right now, i could go either way, but when in doubt, its best to stay out, will have to rely on my sfm to give me a clear signal, but while i can see the rally continuing tomorrow, i could also see a selloff, so call me a "fence straddler" tonight