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

To: newtrade_dev who wrote (44473)	1/2/2001 12:48:12 AM
From: MKTBUZZ	Respond to of 57584

Here are my thoughts on why the next month or so could be scary (or not): What we had recently was not a really good bottoming pattern. We needed more of a panic sell, excessive readings in the put to call ratio, and a strong rally coupled with volume. Problem with this is that it’s tougher to gauge in the weaker trading volume of the season. Plus, there are still too many bulls out there. At least those that still have funds left after this past year. Because of this I think January will be a month where many people will be scratching their heads. We’ll probably have a volatile January with many opportunities for the quick to trade. If the Fed lowers rates at the end of January, I think the market will finally make a decision and rally into February and March based on all the extremely low valuations on many stocks out there. But don’t expect a huge rally, people are still shell-shocked after this past year. However, if the Nasdaq breaks below 2000, which I seriously doubt, all bets are off, we might see a bit past 1500 or so. Just some rough numbers. How’s that for scary.

To: newtrade_dev who wrote (44473)	1/2/2001 7:37:38 AM
From: GREENLAW4-7	Read Replies (2) \| Respond to of 57584

WEI, many investors are on the sidelines with end of year bonus money and very afraid to step up here. I expect funds to do light buying at these depressed levels and try to scare the RETAIL investor into thinking RISK is too high currently. Then with out warning you look back 4-6 weeks from now and NASD has retraced 30-40% of the downturn. This feels so much like 87 that its WEIRD!! Time is here to step up and buy and hold!! Good luck!