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


To: eims2000 who wrote (32858)8/24/2000 7:30:21 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Eims, I grabbed a few shares "just in case" . . . but was hoping to see the overshorting that we are now seeing in the single digits. . . THAT is where any sort of short-covering play starts. Same thing with ASYS if it gets knocked back to $14 or lower again tomorrow. . .

You know the thing that is different now than other times in the year is that for whatever reason the garbage stocks are popping up left and right. . .I mean we took positions in trashy stocks which, in a "normal" market, we would have never touched. . . just because they are the ones with the percentage gains.

I have a portfolio full of what I believe are the best stocks in the market. . .but, aside from a few, they are just sitting there doing nothing. The market as a whole is pretty dull. . . which is why I get attracted to the risky momentum plays. . . when I see garbage popping 50 and 100 percent, and the great stocks just sitting there. . . what am I to do?

Sure hope the markets pick a direction already. . . I really don't like all this wash and rinse.

Rande Is