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


To: Mark Konrad who wrote (30978)8/1/2000 10:27:21 AM
From: DlphcOracl  Respond to of 57584
 
Correction of DITC -- DITC gapped up at open to 51 1/2 and I bought at 49 with a limit order. Of course, it promptly dropped down to 47-48 range. If it holds at 48 at day's close, I'll keep as LT hold.



To: Mark Konrad who wrote (30978)8/1/2000 10:39:43 AM
From: DlphcOracl  Read Replies (1) | Respond to of 57584
 
Mark K.: GBLX reports earnings after today's market close. They are not profitable and investor and institutional patience has worn thin. If they report disappointing earnings, or if their losses widen and they move further away from profitability, it will get crushed. You might not want to hold this after the close -- be careful, my friend.

P.S. Several analysts are out in defense of DITC today. If your technicals hold, this may be a good LT B&H.



To: Mark Konrad who wrote (30978)8/1/2000 10:41:40 AM
From: Mark Konrad  Read Replies (2) | Respond to of 57584
 
"Bonehead" buys...The following look to be conservative position trade entries today (I won't risk more than 5-10% on the downside): ELON, ADAP, FNSR, INPH. For the more aggressive position trader: GBLX, ANAD, IFCI, EXDS (sharp downtrend but there is a longer term uptrend support line at 44 or so). LPTH came close to hitting my downside target of 25 this am but it's too early to tell if 26 1/2 is the short term bottom. JNIC seems to be basing right around 40 but it is still in a downtrend. Both LPTH and JNIC (two terrific long term holds, imo) need to hold current prices or move higher to trigger any new buys--MK--