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

To: Rande Is who wrote (30796)	7/28/2000 8:46:04 PM
From: Paullie	Read Replies (2) \| Respond to of 57584

Rande, (Almost moved in - cables/computers have come first as you noticed. Been using Road Runner Cable Internet. Not bad) A couple of thoughts. On CNBC (finally got TVs hooked up) tonight, it seemed nearly everyone is expecting the down turn to 3400-3600. I have learned that if everyone is expecting it, then it usually does not happen. Personally, I DO EXPECT below 3400. So, is everyone expecting it and everyone is right this time? - or - have I misread sentiment in the market? and investors are actually expecting a bounce here (permanent bounce - or semi-permanent)? Next - LPTH, we need to watch this one closely for a turn because of the explosive news that we are expecting in the near future. Finally, what are your thoughts on declaring oneself as a professional trader for tax purposes? What are the benefits, requirements, and drawbacks? Thanks. Also, I have heard of others who declare businesses although they really do not have a business (not an apparent one that makes any money). Any idea what they might be declaring themselves as other than a professional trader? As far as my vote for best call - I am looking forward. I vote that your best call is right now, NAS at 3000. :) (I can smile because I have lots of cash! Paullie