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

To: Rande Is who wrote (37434)	10/5/2000 8:51:01 AM
From: Softechie	Respond to of 57584

*DELL I'll pick it up in low $20's. Here's why. Draw a support trend line between 6/1/97 and 11/16/97. Draw a trend line between 2/2/99 and 2/9/00. The worst may be like $22. The industry and company still have a lot of growth to go.

To: Rande Is who wrote (37434)	10/5/2000 9:11:18 AM
From: JLS	Read Replies (1) \| Respond to of 57584

Follow up rallies can occur within 4-7 days after an initial rally. Look for one or more of the averages to rise more than 1% on heavier volume. No lasting uptrend can begin without a follow-up rally, but it doesn't necessarily have to occur the very next day.

To: Rande Is who wrote (37434)	10/5/2000 9:27:44 AM
From: American Spirit	Respond to of 57584

Had a scare this morning. CNBC's pre-market ticker twice actually showed WCOM at 7.50 down 20.50. Jesus. I own 700 shares. Turns out it was a mistake of course. Look for some myoptic selling at the bottom on computer stocks and some overly cautious buying. Someone's determined to stamp every bit of air out of the tech ballon. IMHO there's no air left.

To: Rande Is who wrote (37434)	10/5/2000 10:04:39 AM
From: Wendisman	Read Replies (2) \| Respond to of 57584

Rande, do you ever get the feeling that this market volatility and its unpredictable nature are specifically designed to shake you? In a more general sense, perhaps the design now is to fluster the gurus (sorry to use that word with you), as well as the loyal "officers." I mean, this is war; it always has been. When you remove the last general from the battlefield, chaos ensues.

To: Rande Is who wrote (37434)	10/5/2000 11:08:39 AM
From: Mark Konrad	Read Replies (2) \| Respond to of 57584

Yes, there is a rally...a picker's rally with only the best of the best and rebounders participating: AOL, QCOM, RSAS, NT, JDSU, FBCE, NTRO, WFII, AFCI, & BRCD among them...even LU (!) though I still far prefer NT. This rally will continue, imo, with an increasingly wider gap between solid companies achieving targets for growth and profits and those that don't--MK--

To: Rande Is who wrote (37434)	10/6/2000 1:49:33 PM
From: Dan Spillane	Respond to of 57584

Hi folks. If you can go back two years ago to October 1998 and find my postings on SI. I said things weren't so bad as the news was having everyone believe, even with the Asian crisis. Now there is no Asian crisis, but the same irrational stuff has taken hold. October 1998 was a good buy point. Check this out: "Inflation fears" and "recession fears" at the same time unemployment is at a low, AND wages have gone up LESS than expected? "The U.S. unemployment rate sank back to its 30-year low of 3.9 percent in September" (Recession??!?) "Average hourly earnings, a gauge of wage inflation, rose a modest 0.2 percent in September versus Wall Street forecasts for a 0.3 percent rise. The average workweek for private-sector" (Inflation?!?!?) biz.yahoo.com