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

To: Mark Konrad who wrote (32869)	8/25/2000 12:30:26 AM
From: Jennifer O	Respond to of 57584

>My overall goal is and always has been to capture the biggest, fattest, easiest, and safest part of a stock's short-to-medium term move with the least number of trades< I consider myself lucky as to finally arrived at a thread that trading strategy in line with mine. Rande and Mark, you guys are truthly outstanding. I am sure there many other great traders here I am about to meet. Congrads all.

To: Mark Konrad who wrote (32869)	8/25/2000 12:54:12 AM
From: johnsto1	Read Replies (1) \| Respond to of 57584

MK RMBS & BKHM...how does the MACD and stochastics look on these. BKHM optical patents issued 8-22-2000,no news release yet;just that Buffit was buying(1st 2 are from 8-22-2000) 6,108,478 Tapered rib waveguide 2 6,108,472 Device for re-directing light from optical waveguide 164.195.100.11 ISLD...from briefing.com Digital Island (ISLD) 28 3/16 +1 1/2: All dressed up and looking for a date.... Meet a stock that never falls from the radar screen of the hot money crowd. Although ISLD currently trades more than 80% below its $157 one-year high, the stock has a history of rewarding traders with powerful short-term breakouts. Since peaking in December, the stock has experienced just under a dozen rallies that have measured 25% or greater.... Most recent advance of this magnitude occurred Aug 3-7, when stock surged 32% to an Aug. 7 intraday high of $32 1/2. Rally sparked by bullish comments of analyst, who recommended being a buyer of the stock in front of an investor meeting.... Since the meeting, ISLD has been drifting lower as the stock searches for a catalyst. Heavy buying over the past few days of the former momentum elite may provide just the spark needed to set stock up for another 25%+ advance.... Traders have made their way down the momentum hot list, buying CREE, CIEN, EMLX, AETH and even CTXS. No strong fundamental reason for sudden uptick in these stocks. Issues benefitting primarily from an ability to maintain their relative strength on a short-term basis, leading to multiple-session rallies in the stocks.... Digital Island shares currently flirting with important resistance at the $28 5/8 level. Ability to close above this price would go a long way towards confirming the sustainability of the current move. Like the others, ISLD benefitting from no significant shift in fundamental outlook. We're eyeing stock strictly from a technical perspective. A look at the charts of the best performing tech names over the past several weeks confirms that technical events have been the impetus for many of their moves.... With limited news, puny volume and still-lofty valuations, little else for traders to work with.--Damon Southward, Briefing.com

To: Mark Konrad who wrote (32869)	8/25/2000 2:33:53 AM
From: Mark Konrad	Read Replies (2) \| Respond to of 57584

Special "Bonehead" Update using closing prices from 8/24/00. The purpose of this is solely to observe the current status of flagged "Bonehead Buys" from Monday's post #32547 (8/21/00) and to look at some picks from previous weeks. I am an amateur, I receive no compensation, no one should buy or sell anything based upon my opinions. I AM MERELY A BONEHEAD MUSICIAN POSITION TRADING STOCKS TO SUPPORT MY ENDLESS NEED FOR STUDIO EQUIPMENT AND TO AVOID THE TERROR OF GOVERNMENT CHEESE AND STOPLIGHT PANHANDLING! My apologies to Rande if this is an inappropriate post. Let me know by PM and it won't happen again--MK-- (warning: this post is stupidly long but I did save the best for last) The stocks below were taken directly from Monday's post. Below each is the closing price from 8/24/00 and the gain or loss since Monday. ACCD-8 3/16, sideways (bot @ 8 1/4), OS, Desc Tops Line from 13, SP 7 3/4, 7 1/4, RBOP 9 1/2, 10 1/2, 11 1/2, 13 1/4 9 7/16, up 1 1/4 (+15%) ADAP-24 7/8, up, OS, SP 22, 18, RBOP 26, 35, 38, 41, 51 28 3/4, up 3 7/8 (+16%) ADSX-3 15/32, up, SP 3, 2, RBOP 4 1/8, 5 1/2, 6 1/2, 8 1/4 3 11/16, up 7/32 (+7%) AETH-134 7/8, down, OS, spec buy, SP 130, 120, 110, RBOP 142, 160 (Descending Tops Line), 185, 218 145 5/16, up 10 7/16 (+8%) ARTT-9 3/8, sw, OS, SP 8, RBOP 13, 18 9 9/16, up 3/16 (+2%) ATHM-14 3/4 (bot @ 14), up, OS, SP 13, RBOP 18, 23 14, down 3/4, (-5%) BOUT-30 15/16, sw, SP 28, 25, 22, RBOP 33, 36, 40, 51 36 9/16, up 5 5/8 (+18%) CMGI-37, sw, OS, SP 36, RBOP 40, 51, 65, 75 41 7/16, up 4 7/16 (+12%) DCGN-27, up, SP 26, 24, RBOP 32 26 3/4, down 1/4 (-1%) DISH-40 5/8, up, SP 37, 35, 31, RBOP 44, 46, 51, 65 44 11/16, up 4 1/16 (+10%) ELNK-9 11/16 (bot @ 9 3/4), up, OS, SP 9 1/2, RBOP 11, 14, 18, 24. 28 10, up 5/16 (+3%) FFIV-50 3/4 (bot @ 50), up, SP 48, 45, 40, 30, RBOP 59, 79, 100 49, down 1 3/4 (-3%) GLC-17 7/8, down, OS, SP 17, 16, RBOP 21, 23 1/2, 27 1/2, 31 18 11/16, up 13/16 (+5%) GNSL-13 13/16, sw, OS, SP 13, 11, RBOP 16, 19, 24, 31 16 1/8, up 2 5/16 (+17%) HATH-7 1/2, up, SP 6 1/2, 5 1/2, RBOP 10, 13, 16, 20 6 5/8, down 7/8 (-12%) ICGE-30 7/16, sw, OS, SP 29, 25, RBOP 39 47, 60 34 7/16, up 4 (+13%) INSP-27 7/8, sideways, OS, SP 27, 20, 15, RBOP 36, 42, 53, 62 29 1/8, up 1 1/4 (+4%) ISLD-26 1/4, sideways, OS, SP 25, 18, RBOP 29, 33, 40, 50, 60 28 1/2, up 2 1/4 (+9%) KEI-57 1/8, up, SP 50, 45, RBOP 61, 71, 91, 101 69 1/2, up 12 3/8 (+22%) LBRT-18 7/16, up, OS, SP 17, RBOP 21, 25, 31, 41, 50, 61 18 1/16, down 3/8 (-2%) NBCI-8 1/16, sideways, OS, spec buy, RBOP 10, 13, 17, 20, 29 9 3/8, up 1 5/16 (+16%) NEON-25 1/8, sw, trendline supp at 24, SP 22, 20, RBOP 30, 47 33, up 7 7/8 (+31%) NETP-10 13/16, sideways, OS, Spec Buy, SP 10, RBOP 13, 15, 20, 25, 31 11 1/2, up 11/16 (+6%) NTOP-32 1/16, up, SP 27, 25, RBOP 41, 51, 65 27 15/16, down 4 1/8 (-13%) NVLS-59 7/8 (bot @ 49), up, SP 54, 48, 44, RBOP 70 59 1/8, down 3/4 (-1%) PBSC-21 1/8, sw, SP 20, 16-18, RBOP 23, 28 21 5/16, up 3/16 (+1%) ORCH-38 1/2, up, SP 35, 27, RBOP 43, 50, 61 38, down 1/2 (-1%) PSIX-16 1/8, up, OS, SP 15, RBOP 23, 30, 35 18 1/2, up 2 3/8 (+15%) PUMA-19, up, OS, SP 17, 14, RBOP 21, 24, 30, 40, 51 23 7/16, up 4 7/16 (+23%) Q-44, down, SP 43, 40, RBOP 51, 58, 66 47 1/2, up 3 1/2 (+8%) RTHM-9 11/16, sw, OS, SP 9, RBOP 13, 18, 21, 25 9 1/8, down 9/16 (-6%) SCON-20 1/8, sw, SP 19, 13, RBOP 26, 30, 41, 55 20 15/16, up 13/16 (+4%) *TGNT-13 3/16, down, OS, spec buy, RBOP 18, 22, 28, 31, 41, 57 15 9/16, up 2 3/8 (+18%) Not too bad for four days but the real gains come from letting your profits run. Below are some selected picks from previous "Bonehead" posts, the date and price, and then the current price (I'm going to cheat here and not include losers since they would have been sold off below posted SP points or within 2-15% of initial price): AOL on 8/4 & 8/13 at 52, now 60, up 8 (+15%) EMLX on 8/4 at 67 15/16, now 113 1/16, up 45 1/8 (+66%) A on 8/13 at 40 5/8, now 59 7/8, up 19 1/4 (+47%) CS on 8/4 at 27 1/2, now 35 15/16, up 8 7/16 (+31%) CTXS on 8/4 at 14 15/16, now 23 3/4, up 8 13/16 (+59%) EXDS on 8/4 at 51 1/8, now 65 7/8, up 14 3/4 (+29%) FNSR on 8/4 at 27 3/8, now 45 13/16, up 18 7/16 (+67%) GLW on 8/4 at 267, now 300 3/16, up 33 3/16 (+12%) JNIC on 8/4 at 48, now 64 7/8, up 16 7/8 (+35%) LPTH on 8/4 at 34 9/16, now 41 15/16, up 7 3/8 (+21%) NT on 8/4 at 74 1/2, now 82 1/2, up 8, (+11%) NTRO on 8/4 at 54 3/8, now 79 15/16, up 25 9/16 (+47%) OMKT on 8/4 at 6 1/4, now 7 11/16, up 1 7/16 (+10%) WRLS on 8/4 at 13 13/16, now 16, up 2 3/16 (+16%) TFSM on 8/4 at 11 7/16, now 15 3/4, up 4 5/16 (+37%) SCMR on 8/4 at 130, now 158, up 28 (+22%) METHA on 8/4 at 46 7/8, now 53 1/16, up 6 3/16 (+13%) CICI on 8/13 at 3, now 3 11/32, up 11/32 (+11%) EGAN on 8/13 at 8 1/16, now 9 1/8, up 1 1/16 (+13%) IATV on 8/13 at 13 3/4, now 14 9/16, up 1 3/16 (+9%) HLIT on 8/13 at 22 15/16, now 29 7/16, up 6 1/2 (+28%) HLTH on 8/13 at 11 1/4, now 13, up 1 3/4 (+16%) LRCX on 8/13 at 21 15/16, now 29 5/8, up 7 11/16 (+35%) SVNX on 8/13 at 29 7/8, now 34 1/4, up 4 3/8 (+15%) WFII on 8/13 at 49 1/4, now 70 7/16, up 21 3/16 (+43%) DSLN on 8/18 at 3 7/16, now 8 3/32, up 4 21/32 (+132%) NOTE: All of these results are within the past 3 weeks! If these are the "summer doldrums" I would gladly welcome an "Endless Summer." See y'all in the morning! Best Regards, Mark Konrad