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

To: Rick Buskey who wrote (30727)	7/28/2000 11:10:07 AM
From: KevinThompson	Read Replies (1) \| Respond to of 57584

I'm amazed! Ditech (DITC) at 58 and change, Agilent under $40.... Yep, blood in the streets, I'll say. Apparently, it's going to get a lot worse yet. Rande's 3000 call starting to sound very sane. (Isn't that always the case... hehe) KT

To: Rick Buskey who wrote (30727)	7/28/2000 11:10:27 AM
From: Rick Buskey	Read Replies (2) \| Respond to of 57584

REMEMBER---When you're crying ,you should be buying----------when you're yelling,you should be selling.

To: Rick Buskey who wrote (30727)	7/28/2000 11:41:33 AM
From: Rande Is	Read Replies (3) \| Respond to of 57584

Many times we discussed the selloff that would occur during the July Earnings. . .and that it would not end until the FOMC meeting on August 26. I've battened down the hatches and am ready for the worst. . . playing near-term shorts and holding plenty of cash for bargain core-positions on winning stocks that get haircuts for poorly timed bad news. Make no mistake. . .I plan to buy techs again by the end of the month. . . But look at the decline in the COMPX [daily] from March 27 to April 17. . . it is incredible. It is an 1800 point drop in the Nasdaq in just 3 weeks. Now look at where we are today. This is why I think we could hit 3000 or even lower this time around. And back in March when I kept saying that we were selling in April and buying in mid-August, this is what I was talking about. Until we get the Greenlight from Greenspan, there is just not enough "oomph" to get a real rally started. But once we get that promise of no more hikes in 2000, we will ROCKET northward, like nobody has ever seen before. . . breaking all records. The trick is being there before everyone else. . .and loading up with the right stocks at the best prices. Rande Is