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

To: Joe Smith who wrote (29706)	7/14/2000 10:52:20 AM
From: Trumptown	Respond to of 57584

a-greed...took profits on SVNX and a few others that have popped this week...buying a few beaten ones...PDYN in particular, when $34 goes (testing again,as I type), it should get a decent bounce... SR

To: Joe Smith who wrote (29706)	7/14/2000 11:02:46 AM
From: JLS	Read Replies (2) \| Respond to of 57584

Things I'm looking at today...LHSP reversed, leader in speech recognition, still holding SVNX ANAD KEI RFMD MMPT...concentrating on second and third tiers, stuff that has been ignored....INSP is still very low, also bought some Data Critical Corp, wireless with a tiny float, tends to run fast when it goes. Oh, and had to get some more ADAP when it hit 44 something. Julie

To: Joe Smith who wrote (29706)	7/14/2000 11:09:56 AM
From: Rande Is	Respond to of 57584

. . . . Mid-Day Assessment. . . . .Nasdaq Composite just crawled back over 4200. . .NDX is flirting with 4000 and S&P 500 crept over 1500. . .if Dow likewise climbs over 10800, we could have a very good day today, IMO. Advance/Decline line is the best its been in years. Sidelined money is so skittish that it is looking for every possible indicator before committing. . . .like flipping a coin and saying, "heads I'm in. . tails I'm not". . . then when it lands on heads saying, "OK, best of 3." [placing tongue into cheek] There are two important elements in the word RALLY. . . first, right in the middle you have the word, "all". . .if everybody doesn't participate, then we don't have much of a rally. . . .second. . .you can't have a "REAL RALLY" without Al!! . . .as in Alan Greenspan. LOL! When he says, "no more rate hikes in 2000". . .then we have "Al" and if we have Al, then we can have a real rally. . . which I predicted would be the end of August. . . sorry to burst any bubbles. . . . I'm still selling as earnings are released. . .and will be heavy cash by end of next week. . . moving to sidelines. [removing tongue] So, while I am playing fairly loose with the obvious winners on expected earnings. . . I am "learning to be satisfied" with the gap up the following day AFTER the earnings are released. . .unless there is a split announcement. Waiting any longer is a suckers play. And I am tightening up on the length of time I hold. . . Speaking of suckers. . . .PMCS rumor yesterday was now most certainly perpetrated by short-sellers with huge short positions. . . illegal as it is, they know that the SEC is too short handed to go after them for starting a false rumor. Today is definitely about profit-taking. . .but at the same time, there is still money wanting in. . . so no sooner a stock drops on profit-taking, the "buoyancy" brings it right back to the surface. Strange as it sounds, that is an element I look for most in the markets for signs of whether we continue forward or not. And though todays indices may leave much to be desired, we still have plenty of "positive buoyancy". So rather than selling off every peak, I buy something on every dip. . .and am going to try to do more selling in the after hours when some ridiculous prices are reached. Hope this is helpful to some, Rande Is