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

To: vagabond who wrote (40099)	11/2/2000 9:30:05 AM
From: Rande Is	Respond to of 57584

. . .RE: Long-termers. . . . Post from October 17th: Threw the cooler and the seats overboard to fit more AMD, AOL, LRCX, AMAT and a few others. Trading here for the better values. Message 14597722 Let's see how these 4 stocks have done since that post! clearstation.com October 17th and 18th saw the lowest price on many of the best tech issues. And the stronger ones with good earnings, like those above, have performed beautifully since that buy. Now THIS is going to blow some minds. Remember a few weeks ago, when we all posted our token capitulation statements for the benefit of the complex software models that the brokerage houses use to read the Individual Investor sentiment off these message boards? Here was the post that started everyone posting "I give up": Message 14605155 Well, it is beginning to look as though that very morning of October 18th was the date when the markets began to turn!! At the opening bell of October 18th, the Nasdaq had hit the lowest point since the spring. And it has moved up ever since that date. October 18th!! The very same day as 1999!! Message 12250978 Posted on October 18th, 2000: Today is very similar to that day in 98. Will today go down in history as the best day of 2000 to place tech buys? Message 14607980 Posted 5 days later: since Oct 18, we have seen 5 consecutive days of impressive gains on the Dow. . . with less volatility. If you measure from the low hit on the morning of October 18th on the Dow until today's close. . . you get a move of 750 points in 5 days!! Message 14650451 So to those still straddling the fence. . . .We did not get a V-bottom. But in my opinion, we have certainly seen the bottom and the techs are in a recovery mode at this time. And October 18th was clearly the day when things began to turn. I have been fully long through most of October and became fully invested as of a few weeks ago. Best wishes to all. . . I hope this post helps some. Rande Is