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

To: Rande Is who wrote (38387)	10/14/2000 9:13:39 AM
From: Paullie	Read Replies (1) \| Respond to of 57584

Rande, thanks for your market outlook! I am perplexed about AMD action yesterday and would like to know what you think. On such a good market day AMD traded almost 2 times its normal volume to end down for the day. This makes me think that at least one major institution was dumping. Now, the fact that it only dropped slightly tells me one of two things - either the good market was propping it up -or- there were other institutions stepping up to the plate. With the good earnings/revenue/projections announced this week - I wonder if someone knows something that is not so good??? Thanks for any thoughts. Paullie

To: Rande Is who wrote (38387)	10/14/2000 9:39:06 AM
From: john722	Read Replies (2) \| Respond to of 57584

Rande. I think the Big Boys knew we would have the Peace Summit this weekend and jumped ahead of the pack which caused a great Short covering rally and so on. Indeed they would have taken us lower because they finally had fear in the investors with threats of war looming. I would imagine the PPI will factor in soon. On another note, I know a few firms have divisions where they simply monitor the boards all day long, so your theory isn't far fetched at all. Have a nice weekend.

To: Rande Is who wrote (38387)	10/14/2000 10:01:10 AM
From: Condor	Read Replies (2) \| Respond to of 57584

Rande, thanks again for your discussion of markets. They are a great read. One question I have and no doubt it has been covered before but ..... How do you imagine that the "big boys" can get there collusion together and act in such a harmonious way? It seems to me that it would be difficult for so many of them throughout the industry to co-ordinate a buying spree so precisely in a short time frame. The theory sounds kind of paranoid but I'll be the first to acknowledge it appears to happen. Would you comment please. Thanks C

To: Rande Is who wrote (38387)	10/14/2000 10:47:08 AM
From: john722	Respond to of 57584

Rande. If you follow Gary B. at all he says we break the May low (3024) before the real rally. He works for the Street.com so take it for what it's worth..

To: Rande Is who wrote (38387)	10/14/2000 1:48:41 PM
From: DebtBomb	Respond to of 57584

Excellent post Rande, I agree, it wasn't us, now who wouldn't want the Nasdaq to crash on Friday on bad PPI numbers? hmmm. I also agree, if oil spikes, the market will go back down.

To: Rande Is who wrote (38387)	10/16/2000 11:01:44 AM
From: TWICK	Respond to of 57584

Interesting post. It makes sense. So, I guess the big boys, the brotherhood, the club are selling into strength this morning. Strength most be coming from... us. The retail investor who missed the rally and desperately wants a piece ? Twick

To: Rande Is who wrote (38387)	10/16/2000 12:19:17 PM
From: maverick61	Read Replies (3) \| Respond to of 57584

Hmmm, something doesn't smell right today - and it follows up on your post here Rande regarding big boys, fat cats, etc. Todays sell off seems manufactured to me. Why, well I will leave that to your imagination. But, here are some factors to consider half way thru the day: 1. Naz futures were held below fair value (futures are easily manipulated by the big boys) 2. PRU downgrades the whole wireless services sector 3. A couple more ANALysts come out and downgrade or make negative comments in INTC, negatively affecting all the chip stocks. Interesting that one of them is our old friend from SSB. What, did he draw the short straw again? 4. Yet another ANALyst from ABN Ambro advising to sell into the rally 5. A stream of seemingly bearish guests on CNBC. 6. Someone spoonfeeding Maria with this tidbit before the bell for her to spout off - "There are concerns that volume on Friday was weak" or something to that affect, I heard it but neglected to record it for posterioty sake and now, factoring in all of that, then I look at : 7. finance.yahoo.com The A/D line is Positive, and up volume was outpacing downvolume for most of the morning 8. INTC, CSCO, ORCL, DELL, MSFT, WCOM - all negative, by substantial %'s - and yet, the COMPx is down just 50 Shoot, I could expect profit taking in stocks like JNPR and PMCS that ran up bigtime on Friday, but thats not the case across the board. More than half of the big movers on my screen are making further gains today. SO, I surmise that "someone" wanted the market lower today, as it ran up too far for them on Friday - and they would still like to feast a bit more on thise bargain prices. Yes, IMO, the fat cats are never satisfied - but ultimately that will be their downfall. Maybe I am paranoid, but these patterns seem pretty clear to me. Ok, gotta go listen to more ANALyst BS on C-HypeNBC now - ahhh their we go, just heard it again - analysts say we need to retest new lows :) - Guess I neeed to buy even more now - LOL