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

To: Rande Is who wrote (30853)7/31/2000 9:30:10 AM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Barely a positive indication by futures. . . if we are ready to bounce, we should see some stocks up sharply on no news. . . therefore, I am selling into this strength. . . resetting shorts. . . and bracing for another down day today. . .as we discussed last week.

If we see some serious dips today, I may start inching into some bouncers. . . but I want to see fairly big declines from here first. . . like 10% more before grabbing some for the bounce the market is due to get soon. . .[buying in such a heavy downtrend is trendbucking, so caution is needed]

Rande Is



To: Rande Is who wrote (30853)7/31/2000 10:17:10 AM
From: Mark Konrad  Read Replies (1) | Respond to of 57584
 
Rande and all, sincere thanks for the kind words and support. I have benefitted so much from the Rande Is thread and from each of the many contributors...I'm happy to help out any way I can. And it looks like we are continuing to the downside...caution, safety, and cash are the magic words for the day--Mark--


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