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


To: Rande Is who wrote (32057)8/14/2000 2:26:35 PM
From: Joe Smith  Respond to of 57584
 
Covered some today, taking profits. Not sure where things are going. Covered AVI, ISRG,EXFO, all for nice profits. Covered BRCD and AVNX this morning near even. Still short JDEC near even and QQQ with a little gain. Took profits on ENE, GLM, CPN. Still holding RRC, HSOG

I can see a few scenarios.
1. We do sell off this week on schedule. Followed by wash and rinse until Labor day and then a rally, also right on schedule.
2. We rally with everyone knowing the Fed is done, peaking on the day of the announcement and then sell-off, doing a repeat of 1/3-1/5/2000.
3. We rally through early October
4. We wash and rinse through mid-October.

Any thoughts.