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


To: Qone0 who wrote (43861)12/20/2000 12:52:54 PM
From: Rande Is  Read Replies (3) | Respond to of 57584
 
Robert, Welcome to the HOME thread. It is so nice to hear a calm sensible voice at this rather stressful market time. I hope that you will share your opinions on a regular basis here.

I think today might be the bottom of the market if these people do roll their money for tax purposes. Huge volume and no movement as money is rolled from one stock to another.

Well said. I fully agree that rotation and even some capitulation is occuring today, as evidenced by the volume. In addition, we are hoping that Holidility kicks in to give the final week a nice lift. . . come to think of it, this is Wednesday before Christmas Day and just after noon. . . I would think that right now begins the mad dash to get out of the office for the holdiday break. . . .meaning that we could begin to see the first signs of holidility this afternoon.

Watch the volatiles like CIEN, NTAP, BEAS, EXTR, etc. for early signs of Holidility.

Best wishes,

Rande Is