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


To: Rande Is who wrote (43358)12/13/2000 3:35:53 PM
From: carepedeum2000  Read Replies (1) | Respond to of 57584
 
ok, where is this selling coming from? no way was i expecting this weakness this late, looks like one final shakeout before we get to fed rally, if 2800 area doesnt hold, i may have to "adjust" my totally bullish position, i think the volatility is going to pick up, we could get a violent swing back the other way in the morning, would not be good though if we close at low of day, still looking for some "strength"
step up there buyers (please)



To: Rande Is who wrote (43358)12/13/2000 4:41:21 PM
From: ~digs  Read Replies (1) | Respond to of 57584
 
Hi Rande and all,

Just checking in here as well. Lately my mantra has been less chat, more charts. This is partially because of the election fiasco, but mostly because of a newfound respect for the importance of TA.

Good luck everybody... I'm pretty much bearish but trying to avoid a full fledged commitment to either side of the market.

I remain adamant in my belief that the Naz can go 200 points in either direction on any given day. Stay nimble and be prepared for it is my advice.

Regards,
Dave



To: Rande Is who wrote (43358)12/13/2000 5:17:57 PM
From: rocklobster  Read Replies (1) | Respond to of 57584
 
Checking in with a vote for the individual investor.

I have been avoiding this market for the last week because of this election mess. I wanted to get back to trading based on companies and business outlook and not election bs

this last month has been one nasty experience from which I just barely emerged unscathed.

My feeling has always been that we would get a retest of lows before the FOMC meeting. then a rally into the meeting maybe starting friday or monday..

I think the FOMC meeting will be a sell the news sort of event like the election news was today. I doubt very seriously that Greenie will lower rates. He probably will goto a neutral bias though...

However I believe the neutral bias is already priced in.

It was an agonizing day today.. I got chopped to shreads trying to guess the bottom today, and got stopped out of all longs.. typical 3/4 to 1 1/2 point below my stops sort of fills.. that is really starting to piss me off..

Anyway thanks for the great work Rande.. lets stick together and ride this storm out. Everyone be careful out there.

rok