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


To: Note bene who wrote (33555)9/1/2000 1:10:12 PM
From: Rande Is  Read Replies (4) | Respond to of 57584
 
NoteBene, I like ARTT [holding long] . . but not looking to buy today. . . I'm not looking to buy anything today or for the next few trading days . . .only selling into this strength. . .and short-selling for the dramatic drop I predicted for next Tuesday morning. I don't post this stuff for something to do. . . I trade based on my observations of the market. And my trading is proportionate to my confidence in my vision. I am very confident here, so I am already taking short-positions, going defensive and profit taking today. But the only types of stocks I'll consider buying here are those with very low PE ratios.

ARTT is very near its 52-week low. . . so I don't think it will get harmed much at all by the slam I am awaiting. 9 is like rock bottom. And longer-term, I do believe we'll see ARTT back near 19. . .perhaps by the end of the year. Most people do not realize that ARTT has been doing what the others have been merely talking about doing. I have some and will hold it through next week. . .seeing no reason to sell at this time.

Not the same for those which have doubled in the past few months.

Hope that helps,

Rande Is