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

To: Simon Thornington who wrote (28247)	6/22/2000 11:13:00 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

Thanks much, Simon. That is the sort of info we need here. Regarding the IRC. . . For clarification, I would estimate that more than half the names on the IRC you mentioned are brokers, market makers and short-sellers. If you ever log on at midnight, you'll see that many of those names never log off. I have monitored that IRC for 2 years now, and find it useful for reasons I cannot explain here. . .but not what you would think. . . .in the old days, it was very effective for helping to build momentum on a play. . .because many there were playing long. . . however, in the past year, it has been far more effective on the short side. . . . After 2 years of monitoring it, I would estimate the breakdown to be as follows: Out of 1000 logins. . . 100 Pro Market Makers 100 Major Brokers 100 Small Brokers 50 Paid Touts and bashers 200 Short-sellers 100 Momentum players [both long and short] 200 Wannabes 50 Media 100 Miscellaneous Logged in but not monitoring I have figured a way to build a better mousetrap. Can't wait until I am able to share it. Rande Is