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

To: HandsOn who wrote (36260)	9/25/2000 3:44:00 PM
From: Johnny_Blaze_420	Respond to of 57584

Looks like window dressing is starting early. Too bad it is happening in the stocks who account for the major moves of the indexes. Selling in CSCO, INTC, MSFT...etc.. What would these funds think about buying? Energy, fiber-optics, bio-techs? Depending on how bad it gets, any institutional buying still will not hold prices up as shorts will increase, longs will probably suffer another liquidation squeeze and interest fades away...until friday. Oil is falling, Euro is falling but sentiment is towards something being done by the central banks to support it and there is a vote this weekend (denmark?) about another country joining into the euro. If that happens, it is another positive point for the euro. Market will test 4250, but may test 3600 again first. There is still a lot of money on the sidelines, if and when that money makes a transition into the market we may break 4250. Probably 4th quarter as oil should be low, euro higher, president in office, possible rate cut in early 2000, and any other positive pieve of news you want to include. I am still unwilling to adopt buy and hold...yet. Although adding to core position in stocks I like (MRVC, VLCT, XRX, C, SNUS, ISLD) for long term. imo Jb420