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


To: Rande Is who wrote (42097)11/24/2000 11:40:54 AM
From: CAPTAIN MORGAN  Respond to of 57584
 
SNE upgrade I think it will start a steady creep upward from here but I will watch for three days to see if it is a headfake, can't trust analysts although this guy may be for real aolpf.marketwatch.com



To: Rande Is who wrote (42097)11/24/2000 12:07:13 PM
From: Rande Is  Read Replies (2) | Respond to of 57584
 
Well Holidility is alive and well.. . but spread out evenly among all stocks. It didn't go down as I suspected. . . though I am quite unsure as to why that is. Perhaps just too much fear out there among short-sellers. . . knowing that they are holding extremely volatile issues that could explode with no notice.

I must say this. . . .that we are seeing some extraordinary gains on some issues today. . . . leading one to believe that tech mania never died. . . but just went into high-BEAR-nation over the extended Summer Bear Season. . . .however, it is too early to tell if this is actually what is happening. . .or if today is strictly a short-covering phenomenon. . . .whereas the shorts will take new higher positions into the weekend. . . .and we will continue the search for a new bottom.

We will have to wait and see how Monday goes before voting one way or another. Speaking of which, is there any possibility that Sunday night we could have a president declared?

Rande Is