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

To: byhiselo who wrote (41836)	11/20/2000 7:20:57 PM
From: carepedeum2000	Read Replies (1) \| Respond to of 57584

byhi- i think every day could go any way at this point, but until the naz closes over 3200--may do it first day this election is resolved, i would say short the rallies, when we do get it resolved, i dont think it will bust us out of our trading range, i think we are stuck in downward trend till about 3 days before the fed meeting, and then we rally in hopes of neutral bias, if we get that, then it would be time to buy the dips, in the meantime, even though i hate it, it is safe to short the rallies, sell into the rallies, and mostly day trade imo on the positive side, individual investors are about to give up on "the rally is coming", many are just liqiudating and giving up the game, a had blowout earnings, and nt could give the fibre optics a boost tomorrow, and there is a lot of money on the sideline, im just afraid all of that is short term rallies that will not last until the fed is once again loosening the flow of money until that happens, i will be taking "one day at a time", and if i had to guess right now, i think we will be up for the week, probably starting tomorrow, i just dont trust it, let me see the naz close over 3200 then i will reasess until then profit often ps only longs i would be buying dips on would be qcom and idti, maybe ntap, but hard to get excited about anything else right now, scalps only out there imo

To: byhiselo who wrote (41836)	11/20/2000 8:50:33 PM
From: Trumptown	Read Replies (2) \| Respond to of 57584

<<no more bulls on Rande's board?>> - naaa, I'll always be a bull...no shorts for me, either long or cash (shorting violates my principals...I refuse to capitalize on someone else's misfortune...bad karma). I've taken several long positions in a some beat'n, battered and thrown away stocks...those are the ones that turn the quickest... biz.yahoo.com The shorts have gotten so bad it's almost criminal. It's about time for a change. Been spending some time away from the 'puter letting things simmer while charging the old batteries... Will likely be fully long by the end of the week...yup, the worry wall is in place. Cautiously optimistic about election resolution tomorrow...it's a long shot though. SR