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

To: DlphcOracl who wrote (30800)	7/28/2000 9:42:04 PM
From: Paullie	Respond to of 57584

Interesting plan - I like it. It makes sense and goes along with the hybrid theory of trading. I too do not want to miss that day, but getting in too early will essentially negate the effects of that day. (I understand your point that the companies we follow will turn downward hard first, then possibly have a slower rate of decline then the rest of the market - thus catching them around 3300 would make sense. However, I wonder if statistically the high fliers do not continue to drop severely in the last phase of a correction?) Paullie

To: DlphcOracl who wrote (30800)	7/28/2000 11:25:40 PM
From: Joe Smith	Respond to of 57584

Kind of a rat-dog approach to the market, eh?

To: DlphcOracl who wrote (30800)	7/30/2000 12:22:52 AM
From: Rande Is	Read Replies (2) \| Respond to of 57584

The day it bounces off of its "V" bottom will be one the best days in terms of percentage gain to be invested. Delphic, that is absolutely correct. Anyone with a calculator and 15 minutes to plug in potential scenarios can see what a difference it makes to get in as close as possible to the bottom. For example, lets say a stock is going to run to 10. Today it is at 3. Wednesday it is at 2. Friday afternoon it hits 1. Monday morning it gaps up to 3. . .the following Thursday it reaches $5. . .where it consolidates for a month until it finally makes a move to 10. . . . . . [before getting halted and sent to the pink sheets. . <G>] Consider how important it was to grab the stock on Friday afternoon, as opposed to Wednesday. . .today or waiting until Monday or later. Assuming you sold when it hit $10. . . .your gains would be as follows: Friday=+10X Wednesday=+5X Monday or today =+3.3X After Next Thursday=+2X Add to the this the lack of risk at $1, when compared to the risk taken when buying at $5. . .on a sudden selloff. . . and you have quite an argument for buying as low as possible. Rande Is

To: DlphcOracl who wrote (30800)	7/30/2000 11:25:15 AM
From: BANCHEE	Read Replies (1) \| Respond to of 57584

DO I agree with you..A lot of the stocks that this thread follows are stocks that could be kept in a LT port. So averaging down is not a problem for me. We know that this market is not going to blow up...We have all become so much smarter in our investing that we have prepared for it...(thanks to our Captain).. Money coming out of tech stocks, but where is it going?? Keep an eye on IPOs, seems some of it is going there.. Keep an eye on some of the ones that are close to QP ending, after all that is when they get there upgrades and press releases and could move up the most even if it is only for a short time. Here are Thr and Fri IPOs ( remember that those 2 days the nasdaq was down a lot) Some had a real nice pop on the first day. More on this latter... Banchee quote.yahoo.com