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


To: DlphcOracl who wrote (36630)9/27/2000 5:29:12 PM
From: Kanetsu  Respond to of 57584
 
Hey, I'm not short anything, just thought it was interesting, not the gospel. I agree Elliot Wave is way overrated if not useless, but I do like Fibonacci.

Interesting how it's hard for people to fathom a 2-3 year bear market, I'm sure the Japanese felt the same way in 1990. At that point many were making so much from their stocks that their regular income seemed like an afterthought. Lot of that going around here, there just may be too many people going to work in their shorts these days. <g>

Just some thoughts, I don't claim to know what the heck the market will do as my recent trading demonstrates.



To: DlphcOracl who wrote (36630)9/28/2000 7:16:33 AM
From: DlphcOracl  Read Replies (2) | Respond to of 57584
 
GBLX/EXDS Deal

The David Faber Report on CNBC discussed the impending deal between GBLX and EXDS. GBLX will sell its large web-hosting facilities that it acquired as part of the merger with Frontier for slightly over 6 billion. More importantly, the agreement will guarantee that EXDS will use GBLX's network for at least 50% of its traffic, now and in the future. This is the KEY to the deal, as far as I'm concerned. EXDS is the unquestioned web-hosting leader and this should eventually add billions to GBLX revenue.

I was a buyer of GBLX after yesterday's market close on this news. GBLX was a stock I was debating purchasing over the past two weeks and its price ($30) is quite attractive.