Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: carepedeum2000 who wrote (44522)	1/2/2001 12:25:54 PM
From: Rande Is	Read Replies (2) \| Respond to of 57584

Carpe, the Holidility of Dec. 99 took 2 weeks to move about 500 points. When the big boys returned, it took 4 days of declines to remove all those gains. This year, the Holidility was much more subdued with just a 250 point gain over just 5 days. Today, as the Po'Boys return for their historical slam, they were able to wipe away all the Holidility gains in just a single session. Does this make for a good place to start buying? Well, if my money was on the sidelines, I would think so. But for those who lost fortunes in Nov, Dec, or just today alone. . . it will take some seriously good news to get them back on their saddle. And that is why I believe that rallies from here on out a month of more will be stealth. There was a major difference today between stocks with low PEs and those with very high or no PEs. And I think that will set the stage for 2001. Could we continue to make new lows on the Nasdaq? Yes, of course. We are nearly there now. Why would the New Year Optimism be substituted by a First Day of the Millenium Selloff? And what about that sidelined money? Well, obviously the sidelined money is going nowhere today. And today is a key day for employee stock to become tradeable. Such is not owned by investor/traders, but rather employees who just want to get whatever fair value is today on their company stock distribution. So I see today as manipulation driven. . . . rather than economy driven. However, if you refer to my main view of January and 2001, you'll see that I am looking for further selloff for the first 3 weeks. So this is consistent behavior. . .so far. And I am still expecting a burst rally at some point over the next 2 weeks. . . to move things northward with the lowest possible number of Individual Investors. Rande Is