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


To: Rick Buskey who wrote (38542)10/17/2000 10:53:14 AM
From: Trumptown  Read Replies (3) | Respond to of 57584
 
Looks weak...but all the negativity is starting to smack of a peak. Haven't given up on today yet.

ISLD below $14!!, NTOP in the $18's!!, PSIX now below $6!!...whooo...it's ugly out there!!

SR



To: Rick Buskey who wrote (38542)10/17/2000 11:35:37 AM
From: The Flying Crane  Read Replies (1) | Respond to of 57584
 
>>"when in doubt,sit it out."<<

I beg to differ, IMHO, when in doubt, GET OUT!

Sell if you're long, buy if you're short. Be on the sideline if you're not sure. The market has always been a wall of uncertainty. And when the day come that even you're not sure and "in doubt", you're increasing your risk significantly.

"There is nothing wrong staying home and wait out the storm before continuing your journey..."

All in my opinion only.



To: Rick Buskey who wrote (38542)10/17/2000 12:01:27 PM
From: Kaliico  Respond to of 57584
 
Idea revisited :Merrils basket of stocks provide interesting trading op's

I have posted about these before. This is a heads up, not a but rec. Today is is a good day to be in the stands imho, i.e., thats above the sidelines. Ohhhh! AOL just got drop kicked, no longer in the safety zone!

BHH -B2B
IIH _ Internet Infrastructure
SMH- Semiconductor Index, if by chance good news comes out of INTC, this one will roar.

Also boring energy sector stock PENG has been a good trader too. i never hold overnight, but tend to buy those mysterious unexplained dips.

From analysis : they are less volatile, more predictable imho using 5,15,60..charts, the swings aren't monumental but kind of like gravy.

I am trading very little at the moment, so good time to do some analysis. There has got to a be a LPTH junior out there somewhere!!

Kaliico