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


To: Smart_Money who wrote (35785)9/21/2000 11:17:58 PM
From: prophet_often  Respond to of 57584
 
Re: this guy is good. Yeah, anyone ever read cheetah's column?
hardrightedge.com
I like his style of market commentary. No nonsense much like Rande. He says we go down to 3250 COMP to fill the gap. Not so sure about that myself but think its possible to get an intraday spike down to that level in late Sept-early October time frame. I am thinking we test 3600 tomorrow.
I mostly just stayed out of the low volume summer market and have been biding my time looking for a good buying opportunity, looks like I might get it. Been running about 75% cash lately and only carrying one long position currently(can't seem to be without a little LPTH), but I certainly feel for anyone who is 100% long or god forbid margined significantly. I took my spanking this spring and learned my lesson. LOOKING TO BUY THE FEAR THIS TIME AROUND, NOT SELL INTO IT.

Prophet Often