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


To: carepedeum2000 who wrote (43097)12/11/2000 8:32:37 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
===========Thread Back in Week Day Posting Mode============

The weekend is over. The debate on Big Dog is over. Jane is right about the "Scam Dogs" book. It is good because it documents and archives one chapter in SI history, so that we may put it behind us and move on.

INTHEWALLET, let it go. OutlawJoseyWales, clean it up and let it go. The subject is of no help to our daily active traders. This is not the place for further discussion of the topic of Big Dog. We are now back to trading mode, where posts are limited to that which helps trader/investors to make good decisions.

================================

Carpe, you make some good points. "Sell The News" may certainly be a factor worth watching. And I always appreciate your astute market views.

But the upward momentum has been considerable. . . and until we hear from the FOMC, I don't believe we'll be selling off. . . . though tomorrow may be mostly sideways. I keep getting impressed at the way the Nasdaq shakes off bad news. And am thinking that may outweigh fear-driven factors.

$90 Billion dollars sitting in cash at brokerage accounts. If this money is happy with the election results and with a change in FOMC stance, it could get put to work. And that is a sizeable amount for fueling a serious rally.

Speaking of which. . .Investors are being told by analysts to "stay on the sidelines on Yahoo". . . could this be where Yahoo turns and runs hard. . . gaining 20 percent while Individual Investors are sitting on the sidelines?

I have been fully long. . .and playing as aggressively as possible. . . which has resulted in a regular doubling the Nasdaq percentage gains. . . I intend on staying in this stance, until I see a breaking down of the current momentum. . . and if anything, I see it building. . . but I will keep a close eye on the A/D line and volume today. . . they are our best indicators.

Then again. . . to the extent of the manipulation in the current market. . .predictions are far more difficult to make.

Best wishes all. . .

Rande Is



To: carepedeum2000 who wrote (43097)12/11/2000 9:28:37 AM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
ALERT: On Today's Gap up. . . . because of the late selloff on Friday on the news which favored Gore, the markets were far lower. Thus, today's limit up on the Nasdaq does not accurately reflect the actual futures. . . .

The way I understand it, even though Nasdaq futures are limit up at +95, they are still about 40 points BELOW fair value.

Trade with caution in the early hours!!

Rande Is