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

To: Softechie who wrote (44054)	12/23/2000 3:29:26 PM
From: GREENLAW4-7	Read Replies (3) \| Respond to of 57584

Soft you deserve credit and you obviously have BALLS OF STEEL to short NASD from 3300! I want you to know what happen to me back in the crash of 98. I was also shorting all the . com's and MO< MO stocks thinking we were going lower, I did very well as the sentiment stayed cautious, but if I had gone long at the bottom in the fall of 98 I would have made 5X what I made shorting. I think the sentiment is so pessimistic that only a crazy fool would not buy and hold at least for 3-6 months! NASD should and will retrace to the high 3000's by early march. Then its time to lighten up, but this crash has all the air marks of 90 when I held DELL, HD, MSFT, and CSCO later in 93. Its time to buy and hold which I do believe will do well at least for 2-5 months! Good luck my friend! My best picks in 2001 are as follows: CORV, JNIC, AVCI, CRA, MLNM, AMTD, INSP, COSN AND OCPI I know some are extremly speculative but I follow institutional buying and the #1 stock on my fund buying list is CORV! Merry Xmas and happy hannukah to all!

To: Softechie who wrote (44054)	12/24/2000 11:32:13 AM
From: Rande Is	Read Replies (1) \| Respond to of 57584

I disagree. The Dow can selloff without dragging down the Nasdaq. We've seen it before and we'll see it again. The two markets have moved in tandem of late, but we could easily see a divergence return. So the first assumption of that post is incorrect. And reference to the 70's bear market is a pipe dream. Believe me!! Bears do NOT want to see a true Bear Market kick in anymore than Bulls do. NOBODY makes money in a true bear market. All the volume dries up, and investors and traders on both sides of the ball simply QUIT and find something else to do for several years. We are not in a Bear Market. The volume and volatility prove it. I see the correction. I see the downward legs. It will all be sorted out soon enough. But again, without extremely weak volume and an absolute lack of interest by investor/traders, what we have is simply a downward leg. Should we get a REAL Bear Market, like that in the 70's, it will be devastating. With the amount of market surge we have seen in recent years, it would likely lead to a SEVERE recession, if not depression. Any person saying that they welcome a true Bear Market and the subsequent depression, is silly, obviously uninformed and should spend a few months reading history books and talking to people in their 80's and 90's to hear what it was really like. Short-sellers mistakenly think that a true Bear Market or a market crash would lead to a sort of "victory" for them. But no matter how short they are, when stocks return to zero, nobody cares about the stock market anymore. Suddenly holding a job that actually makes money. . .ANY AMOUNT of money is the most important concept in your world. The only stories of wealth made during the Great Depression are from those who invested heavily when the markets were at their worst. Just as your two examples, I see posters on chat rooms throwing around the word "crash" as though it will make them a victor in some way. They have no idea what they are talking about. Why do I get the feeling that you are trying to sell us your gloom and doom? Rande Is