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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Galirayo who wrote (21917)11/9/2000 11:44:54 PM
From: in_cog_nito  Read Replies (1) | Respond to of 29382
 
< RDRT > Right now, considering the down draft caused by the election, I think RDRT depends more on the over all Market conditions then anything to do with the stock. IMO

The street will soon adjust to the uncertainty, and we will have a Market Correction to the UP side........ Then we will see RDRT, and MANY others, recover.

This is, and has been, an excellent time to pick up shares, not just RDRT, on the bargain price shelf.
The Market will, regardless of Florida, recover and rebound.
Nothing in the economy or Internationally has changed, other then the possibility of Government gridlock for the next 2 to 4 years.
Wall Street see's Gridlock as a positive thing......No big government programs, modest Tax cut, leaving more $$$ to pay down the Debt. And have $$$ available for any unforeseen crises.
I expect a very strong rebound, starting at best Friday, more likely Monday.

Hold tight, or buy shares on the cheap, I really do not think the Market will go much lower.

God, I hope I am correct!! : )) lol

My 2 cents........

ICN

BTW: I will try to buy more RDRT on any dips I can catch...
The downside in not much, Upside could be great.



To: Galirayo who wrote (21917)11/10/2000 9:59:44 AM
From: Ken W  Read Replies (1) | Respond to of 29382
 
Ray:

RDRT: Boxed my position....long one account, short the other account at 7 LOL The Prez. thing is going to keep the market screwed up for some time.

Ken